5115 48 Avenue, Sylvan Lake

$524,000

4 Beds
2 Baths
1,087 Sqft
.15 Acres
1 Garages

Are you a savvy investor or a first time home buyer looking to secure an amazing property in Sylvan Lake with rental income?!?! This well-maintained property has gone through extensive renovations and landscaping. LOCATION, LOCATION, LOCATION!! Close to downtown and the super fun Sylvan boardwalk – this property puts you in the heart of it all while maintaining quiet on a non-busy street. Currently the owner rents the upper and lower portions of the home separately, and it has also been a successful Air BnB. Main level boasts a great kitchen and dining room looking out onto a large and private backyard. A large office/flex room and two bedrooms with a full bath and large living room. Downstairs there is another full kitchen, living room, full bathroom and 2 more bedrooms. There is a separate laundry room at the bottom of the stairs as part of the shared large entrance. There are TWO SEPARATE yards, so if you are using this as a rental or Air BnB each guest has their dedicated space!! Both yards are completely fenced and the rear includes a 16x24 garage with power adding even more opportunity! *Most interior photos from prior to current tenants.

Essential Information
MLS® #A2254715
Price$524,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,087
Acres0.15
Year Built2001
TypeResidential
Sub-TypeDetached
StyleBi-Level
StatusActive
Community Information
Address5115 48 Avenue
SubdivisionDowntown
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S 1G6
Amenities
Parking Spaces4
# of Garages1
Parking

Off Street, Parking Pad, Single Garage Detached

Interior
Interior FeaturesCeiling Fan(s), French Door
HeatingForced Air
CoolingNone
Has BasementYes
Appliances

Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer

Basement

Exterior Entry, Finished, Full, Suite

Exterior
Exterior FeaturesNone
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, City Lot, Lawn

Additional Information
ZoningR2
Office

RE/MAX real estate central alberta

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