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This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! If combined with the neighboring tripe lot the development potential is immense with ideal location only blocks from the lake. The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025. An amazing opportunity to own in the hub of Sylvan Lake!
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 5/12/2026 |
|---|---|---|---|
| TRACT | Downtown | YEAR BUILT | 1947 |
| GARAGE SPACES | 1.0 | COUNTY | Red Deer County |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY |
| Login to view Price History |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Cooktop, Refrigerator, Washer/Dryer |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Private Yard |
| GARAGE | Attached Garage, Yes |
| HEAT | Natural Gas, Space Heater, Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Interior Lot, Wooded |
| PARKING | Gravel, Attached, Garage, Driveway |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Downtown |
| TAXES | 2021.54 |
| WATERFRONT DESCRIPTION | Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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Listed with Royal LePage Network Realty Corp.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System.
Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data last updated 6/13/26 1:55 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
