




This 1-bedroom, 1-bathroom single family in Sylvan Lake offers 490 sqft of living area on a 6,491 sqft lot. Built in 1947, 1 storey. The property has lot dimensions of 6490.64. The home features hardwood and vinyl plank flooring, space heater, natural gas, other heating, a crawl space basement. Highlights include a 3-car garage.
This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! If combined with the neighboring tripe lot the development potential is immense with ideal location only blocks from the lake. The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025. An amazing opportunity to own in the hub of Sylvan Lake! (id:60351)
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Listed by Krysta Rush, Royal LePage Network Realty Corp.
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Listing represented by Krysta Rush, Royal LePage Network Realty Corp. · MLS# A2251325
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.