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Charlie LeGrow
Where East Meets West
+14036062730
realtor phone number +1 (403) 606-2730
agent realty Charlie LeGrow Real Estate

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4734 50 Sylvan Lake, Alberta T4S1G6, Sylvan Lake , T4S1G6
Listing ID: A2323825 Just Listed
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$399,000
Price
3
Bed
2
Bath
1,332
Sq. Ft.
Built: 1947
Data last updated: June 24, 2026 at 04:14pm
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Property Description

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. (id:26452)

House located at 4734 50 Sylvan Lake, Alberta T4S1G6. It has 3 beds, 2 bathrooms, and is 1332 square feet. The property was built in 1947. It's is in the Downtown neighborhood.
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Agent Contact: Krysta Rush Phone: 403-598-2767
Listing Courtesy of: Royal Lepage Network Realty Corp.
Source: crea , MLS#: A2323825

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Charlie LeGrow
+14036062730

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
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Charlie LeGrow
+14036062730
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment