5112 48 Avenue
Sylvan Lake, Alberta T4S1G6

2 beds · 1 bath · 812 sqft

Welcome to an exceptional opportunity in the heart of Sylvan Lake! Nestled on a quiet avenue, this property is a hidden gem, offering a prime location just a short walk from the pristine shores of Sylvan Lake. Surrounded by mature trees, this lot provides both privacy and the perfect backdrop for your lakeside lifestyle.The property features a cozy, older 2-bedroom, 1-bathroom home currently generating rental income, making it a versatile investment. Whether you're looking to renovate, rebuild, or simply enjoy the steady rental income, this property offers numerous possibilities. Sylvan Lake is renowned for its 18 km spring-fed waters, ideal for boating, swimming, and fishing. Beyond the lake, the area boasts a rich array of amenities including golf courses, mini-golf, shopping, and dining options. Enjoy an evening at the local minor league baseball game with the Sylvan Lake Gulls, and end your day with a peaceful stroll along the beach. This property offers an unparalleled opportunity to experience the best that Sylvan Lake has to offer. Whether you're seeking a serene retreat, a rental investment, or a place to build your dream home, this location provides the perfect canvas. Don't miss out on the chance to own a slice of paradise in one of Sylvan Lake's most sought-after neighborhoods. (id:39198)

Facts & Features

Building Type House, Detached

Year built 1938

Square Footage 812 sqft

Stories 1

Bedrooms 2

Bathrooms 1

Parking 2

NeighbourhoodDowntown

Land size 665 m2|4,051 - 7,250 sqft

Heating type Forced air

Basement typePartial (Unfinished)

Parking Type Other

Time on REALTOR.ca16 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: CIR Realty

Powered by: REALTOR.ca

Home price

$240,750

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$2,262 / month

Rent $2,014

Savings $248

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$2,006 / month

Rent $1,954

Savings $53

Initial deposit 5%

Savings target Fixed at 5%

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