Diane Richardson

 

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Diane Richardson 

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4738 50 Street E
Downtown (Sylvan Lake) Sylvan Lake T4S 1G8

$349,900
Residential beds: 1 baths: 1.0 490 sq. ft. built: 1947

Main Photo: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Photo 1: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Photo 2: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Photo 3: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Photo 4: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
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Photo 19: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Photo 20: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Photo 21: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Photo 22: 4738 50 Street E: Sylvan Lake Detached for sale : MLS®# A2251325
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2251325
Bedrooms:
1
Bathrooms:
1
Year Built:
1947
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 Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
490 sq. ft.
Acreage:
No
Lot Area:
6,490 sq. ft.
Lot Frontage:
50'
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
3
Year built:
1947 (Age: 78)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
1549AJ
Heating:
Natural Gas, Space Heater, Wall Furnace
Basement:
Crawl Space
Foundation:
Block, Combination, Other
New Constr.:
No
Construction Material:
Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Vinyl Plank
Cooling:
None
Fireplaces:
0
Fireplace Details:
Electric, Gas
Garage:
Yes
Garage Spaces:
1
Parking:
Alley Access, Gravel Driveway, Single Garage Attached
Parking Places:
3
Parking Total/Covered:
3 / -
Laundry Features:
In Unit
Downtown (Sylvan Lake)
Refrigerator, Stove(s), Washer/Dryer, Window Coverings
furniture (negotiable)
Development Restriction
Floor
Type
Size
Other
Main Floor
Bedroom
9'4" × 9'
Main Floor
Entrance
9' × 8'
Main Floor
Kitchen
11' × 9'5"
Main Floor
Living/Dining Room Combination
11' × 9'5"
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:
Ceiling Fan(s), Wood Windows
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Front Yard, Fruit Trees/Shrub(s), Interior Lot, Treed
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer County
Zoning:
DC-50
Listed Date:
Aug 25, 2025
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Larger map options:
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Listed by Royal LePage Network Realty Corp.
Data was last updated November 16, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
125
Avg list price:
$425,000
Min list price:
$189,900
Max list price:
$1,999,900
Avg days on market:
45
Min days on market:
2
Max days on market:
307
Avg price per sq.ft.:
$363.29
These statistics are generated based on the current listing's property type and located in Sylvan Lake. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DIANE RICHARDSON
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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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.