5029 47 Street Sylvan Lake, Alberta T4S 1C5

2304 sqft


Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 7 unit multi-family complex located just half a block from the picturesque beachfront. This exceptional property presents an ideal revenue-generating asset, boasting a strategic location, versatile unit configurations, and exciting possibilities for high-density development. This multi-family gem comprises 5 one-bedroom units, each equipped with a well-appointed bathroom. Additionally, the complex features a two-bedroom unit with a bathroom and completing the ensemble is a bachelor suite totaling 7 suites. One of the suites is a basement suite with a washing machine, plus one of the suites has a washer and dryer. The roof was done in 2014. The strategic location and zoning create a solid foundation for capitalizing on the growing demand for housing in Sylvan Lake. Rents for $7000.00 per month. The adjacent lot MLS # A2104762 is for sale. (id:57810)

Property Details

MLS® Number A2104773
Property Type Multi-family
Community Name Downtown
Parking Space Total 7
Plan 9721891


Constructed Date 1964
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Size Exterior 2304 Sqft
Size Interior 2304 Sqft
Total Finished Area 2304 Sqft
Type Multi-family


Acreage No
Size Depth 31.09 M
Size Frontage 18.9 M
Size Irregular 6324.00
Size Total 6324 Sqft|4,051 - 7,250 Sqft
Size Total Text 6324 Sqft|4,051 - 7,250 Sqft
Zoning Description Wdc



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