Property Details

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5228 50B Avenue
Sylvan Lake (A2302608)

$624,900
4
3+1
1,209 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Situated on a spacious 9,750 sq/ft lot in the desirable West Village neighbourhood of Sylvan Lake, this unique property offers exceptional versatility and charm. The 1,208 sq/ft 1971 “log kit” bungalow is paired with a newer (2016) 921 sq/ft triple garage topped by a 1,104 sq/ft legal suite. The bungalow features two bedrooms plus an office with a closet, easily convertible back into a third bedroom. Warm log interior walls create a cozy, rustic ambiance throughout. Recent upgrades include a renovated main floor bathroom, new laminate flooring, and a new dishwasher. The largely undeveloped basement adds even more value, with a newly added bathroom and 1,062 sq/ft of potential additional living space. The garage is thoughtfully designed with a spacious entry, two separate parking areas—including a tandem drive-through bay—and a 7' x 13' storage room with its own garage door. The main level also includes a convenient half bath, mudroom, generous foyer, and laundry area. Upgrades include in floor heat provided by boiler system and reinforced concrete throughout. Above the garage, the bright and spacious one-bedroom legal suite features a den, ensuite bath, and abundant natural light. Exterior blind system controls heat and cold. Step out onto the private balcony to take in beautiful Sylvan Lake sunsets. With ample parking—including a double paved front driveway, drive-through garage access, and rear parking for four vehicles—this property is as practical as it is appealing. Mature landscaping enhances the setting, and the location is unbeatable: just 700 feet to the lakeshore at Lakefront Park or 700 feet to the golf course. Whether you’re looking for a summer retreat or full-time residence, this home offers outstanding potential. Enjoy everything Sylvan Lake has to offer, year-round.

Property details

Basic Info

MLS® #
A2302608
Property Type:
Residential
Subtype:
Detached
Subdivision:
Central Core
Price
$624,900
Sale/Lease:
For Sale
Size:
1,209 sq.ft.
Bedrooms:
4
Bathrooms:
3 full / 1 half
Year Built:
1971 (55 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Drive Through, Front Drive, Garage Door Opener, Heated Garage, Oversized, Paved, Side By Side, Tandem, Triple Garage Detached, Workshop in Garage
Fence:
Partial
Basement:
Full
Features:
Beamed Ceilings
Inclusions:
None
Appliances:
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer, Window Coverings
Laundry:
In Basement, In Garage
Exterior Features:
Private Yard
Patio/Porch Features:
Deck
Outbuildings:
2 Storey
Outbuilding Notes:
Garage Suite

Neighborhood Info

Nearby Amenities:
Golf, Lake, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths

Lot / Land Info

Lot Size:
0.22 acres
Lot Features:
Back Lane, Interior Lot, Landscaped, Level, Private, Treed
Zoning:
RWV

Materials & Systems

Roof:
Metal
Exterior:
Log
Floors:
Laminate
Foundation:
Poured Concrete
Heating:
Boiler, In Floor, Forced Air, Natural Gas
Cooling:
None
Amenities:
Golf, Lake, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths

Listing Info

Possession:
30 Days / Neg
Days on Market:
2
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Grassroots Realty Group Ltd.
1-833-477-6687

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