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5111 50B Avenue
Downtown (Sylvan Lake) Sylvan Lake T4S 1G6

$295,000
Residential beds: 2 baths: 1.0 551 sq. ft. built: 1930

Main Photo: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 1: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 2: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 3: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 4: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 5: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 6: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 7: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 8: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Photo 9: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2090552
Bedrooms:
2
Bathrooms:
1
Year Built:
1930
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 A2090544.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
551 sq. ft.
Lot Area:
6,500 sq. ft.
Lot Frontage:
50'
Front Exposure:
North
Levels:
One
Total Rooms Above Grade:
2
Year built:
1930 (Age: 94)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
3558Q
Heating:
Forced Air
Basement:
See Remarks
Foundation:
Other
New Constr.:
No
Construction Material:
Mixed
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Other
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parking Pad
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Main Level
Downtown (Sylvan Lake)
Refrigerator, Stove(s)
NA
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
9' × 9'
Main Floor
Bedroom
10' × 6'
Floor
Ensuite
Pieces
Other
Main Floor
No
3
Title to Land:
Fee Simple
Community Features:
Fishing, Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
Other
Patio And Porch Features:
Other
Lot Features:
City Lot, Lake, Front Yard, Lawn, Landscaped, Level, Private, See Remarks, Views
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer County
Zoning:
W-DC
Listed Date:
Oct 30, 2023
  • Photo 1: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
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  • Photo 2: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
    Photo 2 of 9
  • Photo 3: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
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  • Photo 4: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
    Photo 4 of 9
  • Photo 5: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
    Photo 5 of 9
  • Photo 6: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
    Photo 6 of 9
  • Photo 7: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
    Photo 7 of 9
  • Photo 8: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
    Photo 8 of 9
  • Photo 9: 5111 50B Avenue: Sylvan Lake Detached for sale : MLS®# A2090552
    Photo 9 of 9
Listed by RE/MAX real estate central alberta - Sylvan Lake
Data was last updated September 21, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
87
Avg list price:
$419,900
Min list price:
$189,900
Max list price:
$1,897,000
Avg days on market:
40
Min days on market:
1
Max days on market:
921
Avg price per sq.ft.:
$332.79
These statistics are generated based on the current listing's property type and located in Sylvan Lake. Average values are derived using median calculations.
DIANE RICHARDSON
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.