Charming character home just steps from the lake! This is a rare chance to own a property in Sylvan Lake’s desirable cottage and downtown district. The front enclosed porch is perfect for sipping your morning coffee. Step inside and admire the unique features with open living room and brick facing fireplace. Featuring three bedrooms and two full bathrooms, it’s perfect for families or hosting guests. Its close proximity to the beach makes it a popular summer rental, offering excellent income potential. The back lot is subdivided off and has future plans for a duplex. You'll also love the character and history of this incredible location. Zoned Central Residential 2 (RC2), the property offers exciting development possibilities, including the option to build a duplex or a larger three-storey structure. Whether you’re dreaming of a custom home or maximizing rental income, this property offers endless potential.