4734 50 Street , Sylvan Lake

$399,000

3 Beds
1 Baths
1,332 Sqft
.22 Acres
2 Garages

Own a Piece of Sylvan Lake — and Make It Work for You
Tucked among mature trees just blocks from the water, this charming 3-bedroom, 1.5-bath cottage has been fully refreshed and is ready to generate income from day one. With brand new floors, fresh paint, and two updated bathrooms, the hard work is already done — all that's left is to enjoy the returns.
The main floor offers two bedrooms, a spacious living room with a cozy wood-burning fireplace, and a butler pantry off the kitchen with rough-ins for a sink — a practical bonus for a rental setup. A third bedroom with its own 2pc bathroom sits on the upper level, giving guests or tenants their own private retreat.
Outside, you'll find a double detached garage, a private yard surrounded by mature trees, and 75 x 130 ft across three titled lots — plenty of space to add value over time. The back lane adds convenience, and the east-facing front exposure means gorgeous morning light.
Sylvan Lake's rental demand runs strong through every season, and this location — walkable to the lake, shopping, schools, and the golf course — keeps it consistently attractive to tenants. Whether you're adding to your portfolio or stepping into your first income property, this one is move-in ready and waiting.

Essential Information
MLS® #A2323825
Price$399,000
Bedrooms3
Bathrooms1.00
Full 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 FeaturesPrimary 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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