pillar/IMG-A2251325_1.jpg
27 days on Market

4738 50 St, Sylvan Lake, Alberta T4S1G8

Detached
1
1
~490.00 sqft
$349,900
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Detached
1
1
~490.00 sqft

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Highlights

Property Estimate

Days on market27 days

Estimated valueNot available

Price/Sqft$714/sqft

Monthly cost

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Description

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!


Property Details

StyleBungalow
View-
Age of property1947
SqFt~490.00 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2251325
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byRoyal LePage Network Realty Corp.

Features

Heating: Natural Gas,Space Heater,Wall Furnace
Basement: Crawl Space,None

Main Floor

Bedroom

9`4" x 9`0"

4pc Bathroom

0`0" x 0`0"

Entrance

9`0" x 8`0"

Kitchen

11`0" x 9`5"


Parking

Garage spaces 1

Garage type -

Other parking spaces 2

Total parking spaces 3


Property History

Aug 25, 2025
ListedActive
$349,900
27 days on market
history photo preview22
Listing by pillar 9®
Property listed by Royal LePage Network Realty Corp., Brokerage
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Market Data - Sylvan Lake

Geo Zone Map ThumbnailSylvan Lake

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

32 days

2023

31 days

2022

27 days

New Listings

Past 30 days

48 listings

Compared to

2024

33 listings

2023

34 listings

2022

44 listings

Units sold

Past 30 days

26 units

Compared to

2024

23 units

2023

28 units

2022

19 units

Median Sold Price

Past 30 days

$483,500

Compared to

2024

$458,000

2023

$402,500

2022

$366,000


Population and Demographics

Overview

Total population 11969
Average household income $119,570

Age (%)

0 to 19
28%
20 to 34
20%
35 to 49
23%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
66%
Single person
28%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget