5228 50b Avenue , Sylvan Lake

$624,900

4 Beds
4 Baths
1,209 Sqft
.22 Acres
3 Garages

Situated on a spacious 9,750 sq/ft lot in the desirable West Village neighbourhood of Sylvan Lake, this unique property offers exceptional versatility and charm. The 1,208 sq/ft 1971 “log kit” bungalow is paired with a newer (2016) 921 sq/ft triple garage topped by a 1,104 sq/ft legal suite. The bungalow features two bedrooms plus an office with a closet, easily convertible back into a third bedroom. Warm log interior walls create a cozy, rustic ambiance throughout. Recent upgrades include a renovated main floor bathroom, new laminate flooring, and a new dishwasher. The largely undeveloped basement adds even more value, with a newly added bathroom and 1,062 sq/ft of potential additional living space. The garage is thoughtfully designed with a spacious entry, two separate parking areas—including a tandem drive-through bay—and a 7' x 13' storage room with its own garage door. The main level also includes a convenient half bath, mudroom, generous foyer, and laundry area. Upgrades include in floor heat provided by boiler system and reinforced concrete throughout. Above the garage, the bright and spacious one-bedroom legal suite features a den, ensuite bath, and abundant natural light. Exterior blind system controls heat and cold. Step out onto the private balcony to take in beautiful Sylvan Lake sunsets. With ample parking—including a double paved front driveway, drive-through garage access, and rear parking for four vehicles—this property is as practical as it is appealing. Mature landscaping enhances the setting, and the location is unbeatable: just 700 feet to the lakeshore at Lakefront Park or 700 feet to the golf course. Whether you’re looking for a summer retreat, income-generating property, or full-time residence, this home offers outstanding potential. Enjoy everything Sylvan Lake has to offer, year-round.

Essential Information
MLS® #A2302608
Price$624,900
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,209
Acres0.22
Year Built1971
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address5228 50b Avenue
SubdivisionCentral Core
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S 1E4
Amenities
Parking Spaces5
# of Garages3
Parking

Drive Through, Front Drive, Garage Door Opener, Heated Garage, Oversized, Paved, Side By Side, Tandem, Triple Garage Detached, Workshop in Garage

Interior
Interior FeaturesBeamed Ceilings
CoolingNone
Has BasementYes
BasementFull
Appliances

Dishwasher, Electric Stove, Refrigerator, Washer/Dryer, Window Coverings

Heating

Boiler, In Floor, Forced Air, Natural Gas

Exterior
Exterior FeaturesPrivate Yard
RoofMetal
ConstructionLog
FoundationPoured Concrete
Lot Description

Back Lane, Interior Lot, Landscaped, Level, Private, Treed

Additional Information
ZoningRWV
Office

Red Key Realty & Property Management

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