Active

DOWNTOWN

4734 50 Street , Sylvan Lake, AB

$399,000

Residential · MLS® A2323825
3Bedrooms
1Bathrooms
1,332Sq Ft
2Garage
1947Year Built
02 / Overview

PROPERTY OVERVIEW

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...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,332 sq ft
Lot Size9,728 sq ft
ZoningDC-50
HeatingElectric • Fireplace(s) • Space Heater • Wall Furnace
CoolingNone
ParkingDouble Garage Detached
ExteriorFire Pit • Private Yard
BasementPartial
Year Built1947
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$622After mortgage & expenses
Cap Rate6.3%Based on market rents
Cash on Cash Return9.3%With 20% down payment
Est. Monthly Rent$2,481Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Krysta Rush · Royal LePage Network Realty Corp.