4738 50 Street E - Main photo, Sylvan Lake, Alberta

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$349,900

4738 50 Street E — Sylvan Lake, Alberta

T4S1G8

1Beds

1Baths

490Sq Ft

3Parking

1947Built

6,491Lot Sq Ft

About This Property

This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! If combined with the neighboring tripe lot the development potential is immense with ideal location only blocks from the lake. The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025. An amazing opportunity to own in the hub of Sylvan Lake! (id:63357)

Property Location

Property Details

Property Type: Detached
Bedrooms: 1
Bathrooms: 1
Half Baths: 0
Living Area: 490 sqft
Above Grade Area: 490 sqft
Year Built: 1947
Stories: 1.0
Status: Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Sylvan Lake Market Snapshot

142

Active Listings

$454K

Median Price

Avg Days on Market

Last updated: Feb 19, 2026

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Listed by

Royal LePage Network Realty Corp.

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$349,900