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4444 50 Street
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Beds
3
Baths
2
Sqft
1,503
Year
1976
Type
Single Family
On market
18d
A gardener’s paradise in the heart of Sylvan Lake. Lovingly cared for by two generations of the same family, this rare and impeccably maintained 3 bedroom bungalow sits on an extraordinary 1 acre parcel beautifully landscaped with mature trees, lush gardens, and a truly park-like setting — all while being just minutes from the lake, shopping, schools, and every amenity Sylvan Lake has to offer.This exceptional property perfectly blends the charm of acreage living with the convenience of town life. The home has seen extensive renovations over the years and offers a bright, open layout filled with natural light and stunning views of the surrounding yard through oversized windows. The cozy living room features oak hardwood flooring, a wood-burning fireplace with gas starter, and a striking brick-textured feature wall. Hardwood flooring continues into the beautifully updated kitchen complete with quartz countertops, white cabinetry, full tile backsplash, stainless steel appliances, gas range with electric oven, raised eating bar, and a charming bayed dining area. Just off the kitchen, the large screened-in porch creates the perfect extension of the home — ideal for morning coffees, quiet evenings, or entertaining while overlooking the breathtaking backyard oasis. The spacious primary bedroom offers a peaceful retreat with abundant natural light, while two additional bedrooms and two fully renovated bathrooms complete the home. One bathroom features a custom tile and glass shower, double sinks, tiled ceiling, and linen storage, while the second showcases a large soaker tub with custom tile detailing. Beautiful hardwood and ceramic tile flooring run throughout the home. Outside, the property continues to impress with incredible outbuildings including a charming 3-season bunkie perfect for hosting guests, a greenhouse, garden shed, additional storage sheds, and the dream two-storey barn-style workshop complete with a wood-burning stove — a truly inspiring space for gardene rs, hobbyists, artists, or anyone craving room to create. Take a stroll down the picturesque boardwalk leading through the mature landscaping to the expansive back garden where you’ll find an abundance of space to grow, relax, and reconnect with nature. The park-like grounds attract visiting wildlife throughout the seasons, adding to the peaceful atmosphere and making this property feel like a private retreat tucked away from the bustle of town. Thoughtfully upgraded over the years, the property also features triple-glazed vinyl windows, a heated double attached garage, upgraded electrical, ana stunning copper penny-toned metal roof (2019) . The expansive 104’ x 417’ lot offers exceptional privacy today while also presenting incredible future potential for redevelopment opportunities. Whether you’re looking for a one-of-a-kind lifestyle property, a private in-town retreat, or a long-term investment opportunity, this hidden gem is truly unlike anything else on the market. A property that feels worlds away. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 23.00 Ft x 14.00 Ft | |
| 4pc Bathroom | 7.50 Ft x 7.50 Ft | |
| Primary Bedroom | 13.50 Ft x 14.00 Ft | |
| Bedroom | 10.08 Ft x 12.25 Ft | |
| Bedroom | 9.92 Ft x 8.92 Ft | |
| Dining room | 10.42 Ft x 12.25 Ft | |
| Kitchen | 9.17 Ft x 14.25 Ft | |
| Sunroom | 19.33 Ft x 9.67 Ft | |
| Other | 7.25 Ft x 10.33 Ft | |
| 3pc Bathroom | 10.50 Ft x 6.58 Ft | |
| Laundry room | 6.17 Ft x 10.33 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.71%
Cap rate
3.52%
GRM
16.7
Break-even rent
$4,632
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 23, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sylvan Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.