Sylvan Lake
Residential Listings
4734 50 Street
Downtown
Sylvan Lake
T4S 1G6
$399,000
Residential
beds: 3
baths: 1.0
1,332 sq. ft.
built: 1947
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2323825
- Bedrooms:
- 3
- Bathrooms:
- 1
- Year Built:
- 1947
- Photos (23)
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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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- Bungalow
- Total Living Area:
- 1,332 sq. ft.124 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 9,728 sq. ft.904 m2
- Lot Frontage:
- 22'10"6.97 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- East
- Reg. Size:
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- Reg. Size Includes:
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- Unit Exposure:
- East
- Levels:
- Two
- Total Rooms Above Grade:
- 3
- Year built:
- 1947 (Age: 79)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms On Main:
- 2
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 1.0 (Full:1, Half:0)
- Num Ensuite Baths:
- 0
- Plan:
- 1549AJ
- Heating:
- Electric, Fireplace(s), Space Heater, Wall Furnace
- Basement:
- Partial, Unfinished, None
- Foundation:
- Block, Combination, Other
- New Constr.:
- No
- Construction Material:
- Wood Siding
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Vinyl
- Cooling:
- None
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Main Level
- Downtown (Sylvan Lake)
- Refrigerator, Stove(s), Washer/Dryer
- None
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom - Primary
- 17'5.18 m × 9'2.74 m
- Main Floor
- Bedroom
- 10'3.05 m × 7'8"2.34 m
- 2nd Floor
- Bedroom
- 15'5"4.70 m × 11'2"3.40 m
- Basement
- Other
- 9'2.74 m × 7'3"2.21 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 0' x 0'
- Title to Land:
- Fee Simple
- Community Features:
- Fishing, Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
- Interior Features:
- Primary Downstairs
- Exterior Features:
- Fire Pit, Private Yard
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Interior Lot, Many Trees, Private
- Num. of Parcels:
- 0
- Fencing:
- None
- Region:
- Red Deer County
- Zoning:
- DC-50
- Listed Date:
- Jun 24, 2026
- Days on Mkt:
- Signup
Larger map options:
Listed by Royal LePage Network Realty Corp.
Data was last updated July 26, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $339,900
- Min list price:
- $199,000
- Max list price:
- $709,900
- Avg days on market:
- 40
- Min days on market:
- 3
- Max days on market:
- 335
- Avg price per sq.ft.:
- $299.55
These statistics are generated based on the current listing's property type
and located in
Downtown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JASON & SHELAINE WALZ
- LPT Realty
- 403-505-0039
- Contact by Email
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.
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