$325,000 FOR SALE

Detached Bungalow

Bedrooms: 2Bathrooms: 1Lot: 20.12 x 39.62 mTotal Area: 900 ft2

5107 50b Avenue
Sylvan Lake, AB T4S 1G6

DEVELOPERS DREAM! Three oversized lots available a block from the beach with 165 feet of total frontage and 130 feet deep. Zoned W-DC with multiple development options. There are plans for a 4-6 story commercial/multifamily building with underground parking to consider, or build a row of 7 townhomes with detached garages and roof top patios to enjoy that view. Or bring your own plans with your vision in mind. Amazing Air BnB potential. The location is fantastic only one block from the redeveloped Marina Park and Lighthouse and steps to restaurants, shopping, the main beach, water park, golfing, schools, and so much more that Sylvan has to offer! Amazing views of the lake and the beautiful Sylvan Lake sunsets. Great access for swimming, boating, and enjoying the lake. Tenants are currently renting out 5111 & 5107 50B Ave until you are ready to build. The investment potential is extraordinary in this year round lake community. Build and sell, keep in your portfolio with monthly renters, or provide short term rentals...there are so many choices! This property must be purchased in conjunction with MLS A2090546 and A2090552. (id:47423)

Share

Listed By RE/MAX real estate central alberta - Sylvan Lake
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2090544
Last Updated Nov 08, 2023
Property Summary
Property Type Detached

More like this:
Community Downtown
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 2
Bathrooms 1
Lot 20.12 x 39.62 m
Total Area 900 ft2
Amenities Nearby Golf Course, Park, Playground
Community Features Golf Course Development, Lake Privileges, Fishing
Features See remarks, Other, Level
Listing Contract Date 2023-10-27
Municipal ID 0011724176
Ownership Type Freehold
# of Parking Spaces 6
Plan 3558Q
Property Type Single Family
Structures See Remarks
Transaction Type For sale
Views View
Zoning Description W-DC
Building
Appliances Refrigerator, Stove
Architectural Style Bungalow
Basement Type See Remarks
Constructed Date 1942
Construction Style (Attachment) Detached
Cooling Type None
Flooring Type Other
Foundation Type See Remarks
Heating Type Forced air
Stories Total 1
Total Finished Area 900 sqft
Type House
Rooms
Room Level Dimensions Notes
BedroomMain level10.00 Ft x 10.00 Ft
3pc BathroomMain levelMeasurements not available
BedroomMain level10.00 Ft x 10.00 Ft
Parking Spaces
Name Spaces
Other
Land
Total Size 8580 square feet
Amenities Golf Course, Park, Playground
Fence Type Not fenced
Size of Irregular Land 8580.00

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.