1 Irvin Way, Sylvan Lake
$971,750
MLS® # A2088569
RCR - Royal Carpet Realty Ltd.
5029 47 Street, Sylvan Lake
$799,000
0 Beds
0 Baths
0 Sqft
.15 Acres
0 Garages
Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 7 unit multi-family complex located just half a block from the picturesque beachfront. This exceptional property presents an ideal revenue-generating asset, boasting a strategic location, versatile unit configurations, and exciting possibilities for high-density development. This multi-family gem comprises 5 one-bedroom units, each equipped with a well-appointed bathroom. Additionally, the complex features a two-bedroom unit with a bathroom and completing the ensemble is a bachelor suite totaling 7 suites. One of the suites is a basement suite with a washing machine, plus one of the suites has a washer and dryer. The roof was done in 2014. The strategic location and zoning create a solid foundation for capitalizing on the growing demand for housing in Sylvan Lake. Rents for $7000.00 per month. The adjacent lot MLS # A2104762 is for sale.
Essential Information
MLS® #A2104773
Price$799,000
Bathrooms0.00
Acres0.15
Year Built1964
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address5029 47 Street
SubdivisionDowntown
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S 1C5
Amenities
Parking Spaces7
Interior
HeatingForced Air, Natural Gas
Exterior
RoofAsphalt Shingle
FoundationPoured Concrete
Additional Information
ZoningWDC
Office
Royal Lepage Network Realty Corp.
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