5043 48 Street, Sylvan Lake, AB - MLS # CA0142900
Quick Summary
- Price
- $299,900
- Type:
- Residential
- Sub Type:
- Single Family Detached
- ArchitecturalStyle:
- Bungalow
- Title:
- 5043 48 Street
- Possession:
- Immediate,Subject To Tenancy
- Tax Amount:
- 2818 / 2018
Lot Summary
- Lot Width:
- 50
- Lot Depth:
- 175
- Lot Shape:
- Irregular
- Sewer:
- Municipal
- Water Source:
- Municipal
Geographical Summary
- Yard Faces:
- NE
- Access:
- Front and Rear Drive access
Building Summary
- Beds:
- 2
- Baths:
- 1
- Year Build:
- 1950
- Construction Material:
- Frame - Wood
- Roofing:
- Shingle - Asphalt
- Utilities:
- Service - Full
- Heating:
- Furnace - Forced Air - 1
- Heating Fuel:
- Natural Gas
- Area Above:
- 836 sq ft
Building Features
- Interior Features:
- Window Coverings - Other
Other Features
- Kitchen Appliances:
- Refrigerator - 1,Stove
- Other Equipment:
- Dryer - Unknown,Washer
Property Description
- County / Parish: Red Deer County, Alberta
- Zoning: W-DC
Steps from the beach and commercial businesses in an unbeatable location! Fabulous redevelopment property zoned RW-DC. This large lot fronts onto both 47th and 48th street (See photos for lot), 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). Also would make a great lot for one residence, residence with a suite, multi-family building (all subject to 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. Don’t miss this opportunity to own a property with many possibilities!
- Listed By RCR - Royal Carpet Realty Ltd.