New Listing
132 Sabre Road, Springbrook
$430,000 - 5 Beds, 4 Baths, 2,000 Sf
MLS® # A2278267
Royal LePage Network Realty Corp.
4734 50 Street, Sylvan Lake
$399,900
3 Beds
2 Baths
1,332 Sqft
.22 Acres
2 Garages
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.
Essential Information
MLS® #A2252047
Price$399,900
Bedrooms3
Bathrooms2.00
Full Baths1
Half Baths1
Square Footage1,332
Acres0.22
Year Built1947
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address4734 50 Street
SubdivisionDowntown
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S1G6
Amenities
Parking Spaces4
ParkingDouble Garage Detached
# of Garages2
Interior
Interior FeaturesMaster Downstairs
CoolingNone
Has BasementYes
BasementPartial
FireplaceYes
# of Fireplaces1
FireplacesWood Burning
Appliances
Refrigerator, Stove(s), Washer/Dryer
Heating
Electric, Fireplace(s), Space Heater, Wall Furnace
Exterior
Exterior FeaturesFire Pit, Private Yard
RoofAsphalt Shingle
ConstructionWood Siding
FoundationBlock, Combination, Other
Lot Description
Back Lane, Interior Lot, Many Trees, Private
Additional Information
ZoningDC-50
Office
Royal LePage Network Realty Corp.
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