Price Reduction
5043 48 Street Sylvan Lake, AB
$ 329,900
Property Attributes
  • MLS#CA0081522
  • TypeSingle Family
  • CountyRED DEER
  • CitySylvan Lake
  • AreaSylvan Lake
  • NeighborhoodSL Downtown
  • ZipT4S1C6
  • StyleBungalow
  • Year Built1950
  • Taxes2673
  • Price$ 329,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage836
Listing Provided Courtesy Of:
RCR - Royal Carpet Realty Ltd.
Property Description

Fabulous redevelopment property zoned RW-DC, just one short block from the beach in Sylvan Lake. This large lot fronts onto both 47th and 48th street, similar lots on these streets have been redeveloped with a two full duplexes, one facing each street making it possible to have 4 rental properties or owner occupied residences (Subject to subdivision approval). This zoning also allows retail and commercial services. The property currently rents for $875 per month (tenant pays gas and electricity) so you could hold this property with income until such time as you redevelop. Please see supplement attachment for copy of RPR.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
12/5/2016 Listed $349,900
1/22/2018 6% - $329,900

General Features

Access Front and Rear Drive access
Other Equipment Dryer - Unknown, Washer
Tax Amount 2673.00
Utilities Service - Full
Year Built 1950
Zoning W-DC

Interior Features

Flooring Other
Heating Furnace - Forced Air - 1
Heating Fuel Natural Gas
Interior Features Window Coverings - Other
Kitchen Appliances Refrigerator - 1, Stove
Total Baths 1

Exterior Features

Architectural Style Bungalow
Construction Materials Frame - Wood
Driveway Type None
Foundation Details See Remarks
Lot Description Landscaped
Lot Size Dimensions 50.00X175.00
Lot Width 50.00
Roof Shingle - Asphalt
Sewer Municipal
Water Source Municipal
Yard Faces NE


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in T4S1C6

AVG $330K
AVG $2,673
AVG 48
Year Built
AVG 1950
AVG 54