3907 50 Avenue

Cottage Area, Sylvan Lake · MLS® A2339633

3,900 sq ft lot · Land · Vacant Land · 62 days on market

listed by Kallie McDonald, Real Broker

realtor's description

Rare opportunity to build in the heart of Sylvan Lake! This fully serviced 30x130 vacant lot is zoned R5, offering excellent flexibility for future development - ideal for a custom home, vacation property, or potential multi-unit residential development subject to town approval. Just one block from the beach, lakefront, parks, and the entertainment district. You can enjoy all the perks of lake life while still having privacy in the desirable cottage area. A prime investment and lifestyle opportunity in downtown Sylvan Lake! Check it out!

property details

type: Land, Vacant Land
lot: 3,900 sq ft
parking: 0
property tax: $1,786 / yr
days on market: 62
MLS®: A2339633

features

Lake Privileges

property tax

about $2,350 a year

The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).

The listing shows $1,786 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,173/mo

Mortgage $1,024 · Tax $149

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,024/ monthly

loan $188,000

25-year amortization

down payment20% · $47,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $119,162
land title fees: $525; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $47,525; down + land title fees
total paid: $307,162

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.