4734 50 Street Sylvan Lake, AB T4S 1G6
Listing Courtesy of: PILLAR 9 - IDX / Listed By: Royal Lepage Network Realty Corp.

  4734 50 Street Sylvan Lake, AB T4S 1G6

Active (64 Days)
$399,000 (CAD)
3
BED
1
BATH
1,332
SQFT

Description

Own a Piece of Sylvan Lake — and Make It Work for You
Tucked among mature trees just blocks from the water, this charming 3-bedroom, 1.5-bath cottage has been fully refreshed and is ready to generate income from day one. With brand new floors, fresh paint, and two updated bathrooms, the hard work is already done — all that's left is to enjoy the returns.
The main floor offers two bedrooms, a spacious living room with a cozy wood-burning fireplace, and a butler pantry off the kitchen with rough-ins for a sink — a practical bonus for a rental setup. A third bedroom with its own 2pc bathroom sits on the upper level, giving guests or tenants their own private retreat.
Outside, you'll find a double detached garage, a private yard surrounded by mature trees, and 75 x 130 ft across three titled lots — plenty of space to add value over time. The back lane adds convenience, and the east-facing front exposure means gorgeous morning light.
Sylvan Lake's rental demand runs strong through every season, and this location — walkable to the lake, shopping, schools, and the golf course — keeps it consistently attractive to tenants. Whether you're adding to your portfolio or stepping into your first income property, this one is move-in ready and waiting. NOTE ZONING DC-50 for future Multifamily permit

MLS®:
A2323825
Lot Size
9,728 SQFT
Type
Single-Family Home
Year Built
1947
Style
Bungalow
County
Red Deer County

Listed By

Krysta Rush, Royal Lepage Network Realty Corp.
Source
PILLAR 9 - IDX
Last checked Aug 28 2026 at 5:38 AM EDT
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Appliances : Refrigerator
  • Appliances : Stove(s)
  • Laundry/Utility Room : Main Level
  • Appliances : Washer/Dryer
  • Primary Downstairs
Subdivision
  • Downtown
Lot Information
  • Private
  • Back Lane
  • Many Trees
  • Interior Lot
Property Features
  • Fireplace: Total Fireplace(s) : 1 Wood Burning
  • Foundation: Block
  • Foundation: Other
  • Foundation: Combination
Heating and Cooling
  • Wall Furnace
  • None
Basement Information
  • Partial
Flooring
  • Vinyl
Exterior Features
  • Roof: Asphalt Shingle
Garage
  • Double Garage Detached
Parking
  • Parking Space(s) : 4
Stories
  • 2
Living Area
  • 1,332 sqft
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.