$345,900
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4738 50 Street E, Sylvan Lake, AB T4S1G8

1 Bed
1 Bath
46 Sq Ft

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!

  • MLS® A2251325
  • Date Listed08/25/2025
  • Days on Realty 285 Days
  • Bedrooms 1
  • Bathrooms 1 Full baths
  • Lot Size 0.15 acres (6,490 sq. ft)
  • Subdivision Downtown
  • County Red Deer County
  • Year Built 1947
  • Square Feet 46 sq. ft
  • Price Per Sq. Ft $7598.86

Interior Features

  • Appliances Refrigerator, Stove(s), Washer/ Dryer, Window Coverings
  • Flooring Hardwood, Vinyl Plank
  • Cooling None
  • Heating Natural Gas, Space Heater, Wall Furnace

Exterior / Lot Features

  • Exterior Private Yard
  • Roof Shingle
  • Lot Size Acres 0.15
  • Lot Size SQFT 6,490.00
  • Lot Features Back Lane, Back Yard, Front Yard, Fruit Trees/ Shrub(s), Interior Lot, Treed

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4S1G8

Discover key demographics, population statistics, and environmental insights for the Sylvan Lake, AB area.

Walkability in AB / T4S1G8

Source: Walk Score

72/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

44/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 29/100.

Points of Interest near 4738 50 Street E, Sylvan Lake, AB T4S1G8

Frequently Asked Questions for 4738 50 Street E

Source: Realty.com

4738 50 Street E, Sylvan Lake, AB T4S1G8 in Downtown, Sylvan Lake, AB T4S1G8 is a single family residence listed at $345,900. Highlights include 1 bedroom, 1 bathroom, 46 sq. ft., built in 1947, 0.15 acre lot, $7,599 per sq. ft.. Realty.ca has 22 photos, sales history, school insights, and mortgage tools for this li...

Realty.com has 22 photos of 4738 50 Street E.

Our records indicate that 4738 50 Street E was built in 1947.

The full address for this home is 4738 50 Street E, Sylvan Lake, AB T4S1G8.

4738 50 Street E has been listed on Realty.com since Mon August 25, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 29/100.

Listing provided courtesy of: Royal LePage Network Realty Corp. (tel: 403-887-2286)
Listing agent: Krysta Rush (tel: 403-598-2767)

This content last refreshed on 2026-06-06 14:06:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.