5107 50B Avenue, Sylvan Lake, AB T4S1G6
$325,000
Beds
2
Baths
1
Sqft
900
Community
Downtown

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Property Overview
  • Home Type

    Detached

  • Building Type

    House

  • Lot Size

    8712 Sqft

  • Community

    Downtown

  • Beds

    2

  • Heating

    Data Unavailable

  • Full Baths

    1

  • Cooling

    Data Unavailable

  • Parking Space(s)

    6

  • Year Built

    1942

  • Property Taxes

    $2,536

  • Days on Market

    118

  • MLS® #

    A2090544

  • Price / Sqft

    $361

  • Land Use

    W-DC

  • Style

    Bungalow

Estimated buyer fees

List price $325,000
Typical buy-side realtor $6,875
Bōde $0
Saving with Bōde $6,875

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Description

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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.

Interior Details

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  • Flooring

    See Home Description

  • Basement details

    None

  • Basement features

    None

Exterior Details

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  • Exterior

    See Home Description

  • Number of finished levels

    1

  • Construction type

    See Home Description

  • Roof type

    Asphalt Shingles

  • Foundation type

    See Home Description

More Information

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Property
  • Community features

    Fishing, Golf, Lake, Park, Playground, Schools Nearby

  • Multi-unit property?

    Data Unavailable

  • HOA fee required?

    Data Unavailable

  • HOA fee includes

    See Home Description

Parking
  • Parking space included

    Yes

  • Total parking

    6

  • Parking features

    No Garage

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