Sylvan Lake, AB T4S1G6,5107 50B AVE
Sylvan Lake, AB T4S1G6,5107 50B AVE
Sylvan Lake, AB T4S1G6,5107 50B AVE
10
$295,000
$295,000
Est.Price: ?

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2 BD
1 BA
900 SqFt

5107 50B AVE Sylvan Lake, AB T4S1G6

Est. payment /mo
SOLD DATE : 10/06/2024

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Key Details

Sold Price $295,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $327

Subdivision Downtown

MLS® Listing ID A2090544

Sold Date 10/06/24

Style Bungalow

Bedrooms 2

Full Baths 1

Originating Board Central Alberta

Year Built 1942

Annual Tax Amount $2,536

Tax Year 2023

Lot Size 8,580 Sqft

Acres 0.2

Property Description

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.

Location

Province AB

County Red Deer County

Zoning W-DC

Direction N

Rooms

Basement See Remarks

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Other

Appliance Refrigerator, Stove(s)

Laundry Other

Exterior

Parking Features Off Street

Garage Description Off Street

Fence None

Community Features Fishing, Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Waterfront Description See Remarks

Roof Type Asphalt Shingle

Porch See Remarks

Lot Frontage 66.0

Total Parking Spaces 6

Building

Lot Description Back Yard, City Lot, Lake, Front Yard, Level, Private, See Remarks, Views

Foundation Other

Architectural Style Bungalow

Level or Stories One

Structure Type Mixed

Others

Restrictions None Known

Tax ID 84871258

Ownership Private

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Listed by RE/MAX real estate central alberta - Sylvan Lake

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agent

Ryan Parry

eXpert Advisor - Realtor | License ID: 00015043

+1(403) 316-0573

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