$399,900
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4734 50 Street, Sylvan Lake, AB T4S1G6

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3 Beds
2 Baths
124 Sq Ft

Uncover a high-potential development site in a prime lakeside location. This 9728sqr ft parcel offers immediate flexibility a multi family project. The Opportunity: Flexible Zoning: Current zoning allows for multifamily development or a commercial/residential mix (commercial on main, living quarters above). Expansion Potential: The adjacent double-lot property is also available, providing the rare chance to assemble a large 5-lot consolidated site just blocks from the water. Revenue While You Plan: The existing 3-bedroom structure has been freshened with new flooring and paint, making it a turnkey holding property. It is perfectly suited for a short-term rental (Airbnb) or long-term lease to offset carrying costs during the permitting and design phase. The Site: Lot Size: 75 ft x 130 ft total. Servicing: Double detached garage already on site. Location: High-visibility/high-demand area within walking distance to the lake. This is a land-value play with the added benefit of a functional, move-in-ready building to bridge the gap to construction.

Listing By: Krysta Rush - Royal LePage Network Realty Corp. cnpilar Realty.com
  • MLS® A2252047
  • Date Listed09/02/2025
  • Days on Realty 277 Days
  • Bedrooms 3
  • Bathrooms 1 Full baths, 1 Half baths
  • Lot Size 0.22 acres (9,728 sq. ft)
  • Subdivision Downtown
  • County Red Deer County
  • Year Built 1947
  • Square Feet 124 sq. ft
  • Price Per Sq. Ft $3231.52

Interior Features

  • Appliances Refrigerator, Stove(s), Washer/ Dryer
  • Flooring Vinyl
  • Cooling None
  • Heating Electric, Fireplace(s), Space Heater, Wall Furnace

Exterior / Lot Features

  • Exterior Fire Pit, Private Yard
  • Roof Shingle
  • Lot Size Acres 0.22
  • Lot Size SQFT 9,728.00
  • Lot Features Back Lane, Interior Lot, Many Trees, Private

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4S1G6

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

Walkability in AB / T4S1G6

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 4734 50 Street, Sylvan Lake, AB T4S1G6

Frequently Asked Questions for 4734 50 Street

Source: Realty.com

4734 50 Street, Sylvan Lake, AB T4S1G6 in Downtown, Sylvan Lake, AB T4S1G6 is a single family residence listed at $399,900. Highlights include 3 bedrooms, 2 bathrooms, 124 sq. ft., built in 1947, 0.22 acre lot, $3,232 per sq. ft.. Realty.ca has 23 photos, sales history, school insights, and mortgage tools for this l...

Realty.com has 23 photos of 4734 50 Street.

Our records indicate that 4734 50 Street was built in 1947.

The full address for this home is 4734 50 Street, Sylvan Lake, AB T4S1G6.

4734 50 Street has been listed on Realty.com since Tue September 02, 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 19:46:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.