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5107 50B Avenue

Sylvan Lake, AB T4S 1G6
  • $295,000
  • STATUS: Active
  • ID#: A2090544
Price Reduced
UPDATED: 72 min ago
$295,000
  • 2
    BEDS
  • 0.2
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 900
    SQFT
  • $328
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
Built:
1942

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.

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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. Data last updated: 2024-06-13T07:30:43.843.
www.liveinitia.ca/homes/144920361
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5107 50B Avenue Sylvan Lake, AB T4S 1G6

  • Price: $295,000
  • Status: Active
  • On Site: Days
  • Updated: 72 min ago
  • ID#: A2090544
2
Beds
1
Baths
0
½ Baths
0.2
Acres
900
SQFT
$328
$/SQFT
1942
Built
Neighbourhood:
Downtown
Area:
Red Deer County
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.
Exterior Features

Architectural Style Bungalow Construction Materials Mixed Exterior Features Other Fencing None Foundation Details Other Frontage Length 20.12M 66`0" Garage YN No Levels One Parking Features Off Street Parking Total 6 Patio And Porch Features See Remarks Roof Asphalt Shingle Structure Type House Waterfront Features See Remarks

Interior Features

Basement See Remarks Bedrooms Above Grade 2 Cooling None Ensuite YN No Fireplaces Total 0 Five Piece Bath 0 Five Piece Ensuite Bath 0 Flooring Other Four Piece Bath 0 Four Piece Ensuite Bath 0 Heating Forced Air Interior Features See Remarks Laundry Features Other Rooms Bedroom (Main) 3pc Bathroom (Main) Bedroom (Main) Rooms Above Grade 2 Six Piece Bath 0 Six Piece Ensuite Bath 0 Three Piece Bath 1 Three Piece Ensuite Bath 0 Two Piece Bath 0 Two Piece Ensuite Bath 0

Property Features

Additional Parcels YN No Association YN No Association2 YN No Community Features FishingGolfLakeParkPlaygroundSchools NearbyShopping NearbySidewalksStreet LightsWalking/Bike Paths Condo Type Not a Condo Direction Faces N Inclusions NA Lot Features Back YardCity LotLakeFront YardLevelPrivateSee RemarksViews New Construction YN No One Piece Bath 0 Property Sub Type Detached Title Land Fee Simple Transaction Type For Sale Zoning W-DC

Listing provided courtesy of RE/MAX real estate central alberta - Sylvan Lake. © 2024 Pillar 9™. All Rights Reserved.
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. Data last updated: 2024-06-13T07:30:43.843.
 
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