4738 50 Street East , Sylvan Lake AB T4S1G8

Sale $349,900 |

Listing # A2251325

Office Listing:

Krysta Rush, Agent | Jerry Rush, REALTOR®

Jerry Rush

REALTOR®

Phone: 403-887-2286
Cell: 403.352.6775

JerryRush@royallepage.ca

www.teamrush.ca

Royal LePage Network Realty Corp., Brokerage (Independently owned and operated)

Brokerage

3608 50th
Red Deer, AB T4N 3Y6

Remarks:

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! 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. Please note this property cannot be purchased with conventional CMHC 5% down lending, and the rezoning does not allow for a single family detached home or major renovations to the existing structure. 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!

Inclusions: furniture (negotiable)

House : Detached

Lot Size:	6490 Square Feet
No. of Parking Spaces:	3
Floor Space (approx):	6483.96 Square Feet
Built in:	1947
Bedrooms:	1+0
Bathrooms (Total):	1+0
Zoning:	DC-50

Property Features:

Architectural Style:	Bungalow
Construction Materials:	Wood Siding
Cooling:	None
Exterior Features:	Private Yard
Fireplace Features:	Electric , Gas
Flooring:	Hardwood , []
Foundation Details:	Block , Combination , Other
Heating:	Natural Gas , Space Heater , Wall Furnace
Interior Features:	Ceiling Fan(s) , []
Levels:	One
Parking Features:	Alley Access , Gravel Driveway , Single Garage Attached
Roof:	Asphalt Shingle

Team Rush

Phone: 403.887-2286
Fax: 1-888-389-5848

Royal LePage Network Realty Corp., Brokerage (Independently owned and operated)

Brokerage

3608 50th
Red Deer, AB T4N 3Y6

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