4734 50 Street, Sylvan Lake, AB T4S 1G6 (MLS # A2323825)

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PRICE $399,000 dsIDX morgage calculator
BEDS 3
BATHS 1
HOME SIZE 1,332 sqft
LOT SIZE 9,584 sqft

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. NOTE ZONING DC-50 for future Multifamily permit

DAYS ON MARKET Login to view Days on Market LAST UPDATED 6/24/2026
TRACT Downtown YEAR BUILT 1947
GARAGE SPACES 2.0 COUNTY Red Deer County
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Cooktop, Refrigerator, Washer/Dryer
BASEMENT Partial, Unfinished, Yes
CONSTRUCTION Wood Siding
EXTERIOR Fire Pit, Private Yard
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Fireplace(s), Space Heater, Wall Furnace
INTERIOR Master Downstairs
LOT 9583 sq ft
LOT DESCRIPTION Interior Lot, Many Trees, Private
PARKING Garage
STORIES 2
STYLE Bungalow
SUBDIVISION Downtown
TAXES 2569.61
WATERFRONT DESCRIPTION Lake
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CONTACT US ABOUT 4734 50 STREET
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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 8/21/26 2:24 AM PDT

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