4734 50 Street , Sylvan Lake, Alberta

$399,000

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3

Beds

1

Bath

1,332

Square feet

0.22

Acres

About 4734 50 Street

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

Features of 4734 50 Street

MLS® # A2323825
Price $399,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,332
Acres 0.22
Year Built 1947
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 4734 50 Street
Subdivision Downtown
City Sylvan Lake
County Red Deer County
Province Alberta
Postal Code T4S1G6

Amenities

Parking Spaces 4
Parking Double Garage Detached
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Primary Downstairs
Appliances Refrigerator, Stove(s), Washer/Dryer
Heating Electric, Fireplace(s), Space Heater, Wall Furnace
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning
Has Basement Yes
Basement Partial

Exterior

Exterior Features Fire Pit, Private Yard
Lot Description Back Lane, Interior Lot, Many Trees, Private
Roof Asphalt Shingle
Construction Wood Siding
Foundation Block, Combination, Other

Additional Information

Date Listed June 24th, 2026
Days on Market 70
Zoning DC-50
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRoyal LePage Network Realty Corp.

Listing Map