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5029 47 Street, Sylvan Lake, AB, T4S 1C5

MLS® # A2104773
Commercial For Sale In Sylvan Lake, Alberta
$799,000
5029 47 Street, Sylvan Lake, AB - Outdoor
5029 47 Street, Sylvan Lake, AB - Outdoor
5029 47 Street, Sylvan Lake, AB - Outdoor With Exterior
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen With Double Sink
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB -  With Exterior
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Basement
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Basement
5029 47 Street, Sylvan Lake, AB - Outdoor
5029 47 Street, Sylvan Lake, AB - Outdoor With Body Of Water With View
5029 47 Street, Sylvan Lake, AB  - Outdoor
5029 47 Street, Sylvan Lake, AB  - Outdoor
5029 47 Street, Sylvan Lake, AB  - Outdoor With Exterior
5029 47 Street, Sylvan Lake, AB  - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen With Double Sink
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Bathroom
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Kitchen
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Other Room
5029 47 Street, Sylvan Lake, AB -  With Exterior
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Basement
5029 47 Street, Sylvan Lake, AB - Indoor Photo Showing Basement
5029 47 Street, Sylvan Lake, AB - Outdoor
5029 47 Street, Sylvan Lake, AB - Outdoor With Body Of Water With View
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ACTIVE
5029 47 Street, Sylvan Lake, AB, T4S 1C5
$799,000

Property Information:

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.

Inclusions: 6 Stoves, 7 Refrigerators, 1 Washer, Shed

Property Features:

  • Built in: 1964
  • Floor Space (approx): 2304.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Lot Size: 6324.00 Square Feet
  • Roof: Asphalt Shingle
  • Zoning: WDC

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 5029 47 Street, Sylvan Lake, AB, T4S 1C5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

29 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: Significant

29 hot days expected in 2050

35/100

Significant

ClimateCheck®

Current data

This property, 5029 47 Street , experiences 7 hot days per year at around 28.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
28.1℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

11 storms expected in 2050

27/100

Significant

ClimateCheck®

Current data

This property, 5029 47 Street , experiences 10 significant 2-day storms per year, with about 214.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 228.2mm of precipitation per year.

Precipitation Per Storm

Past
214.7mm
2050
228.2mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 5029 47 Street, Sylvan Lake, AB, T4S 1C5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$119,897.50

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.11 %

High school certificate or equivalent

35.09 %

Apprenticeship trade certificate/diploma

15.78 %

College/non-university certificate

19.71 %

University Degree

11.31 %

Commuter

Travel To Work

By Car

87.6 %

By Public Transit

0.0 %

By Walking

9.57 %

By Bicycle

0.0 %

By Other Methods

2.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.31 %

Houses

70.69 %

Own Vs. Rent