1 day on Market

16 Peterson Way, Sylvan Lake, Alberta T4S 1W8

Detached
3 + 1
2
~1001.00 sqft
$424,900
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Detached
3 + 1
2
~1001.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$424/sqft

Monthly cost

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Description

Pierview is one of Sylvan Lake's most sought-after neighbourhoods, and this one is priced for a buyer with vision. Mature & friendly area, steps from the crosstown trails, walking distance to Steffie Woima Elementary, disc golf, and green space. The neighbours are the kind people stay for, and the large yard gives you room to make this property your own. Inside, an open layout with dark hardwood flooring sets a solid foundation. The main floor family room anchors the space with an oversized window and floor-to-ceiling fireplace, comfortable enough for quiet evenings and open enough to host a crowd. Three bedrooms on the main floor include a primary with cheater access to the main bath. The basement adds real function and flexibility. A fourth bedroom and full bathroom handle the practical side, while the lower family room gives you two distinct but open spaces, one for movies or the big game, and one to set up for games, play, or a workout area. A front-attached garage rounds out the package, a genuine rarity at this price point that keeps you warm and dry throughout Alberta seasons. Cosmetic updates along with a few required repairs will go a long way here. The lot, the layout, and the location are the kind of foundation worth investing in.


Property Details

StyleBungalow
View-
Age of property1998
SqFt~1001.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2314497
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished,None

Main Floor

4pc Bathroom

7`3" x 7`5"

Bedroom

11`9" x 8`11"

Bedroom

9`0" x 10`1"

Dining Room

6`11" x 12`3"


Features

Patio: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

May 26, 2026
ListedActive
$424,900
1 day on market
history photo preview33
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
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Market Data - Sylvan Lake

Geo Zone Map ThumbnailSylvan Lake

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2025

24 days

2024

36 days

2023

39 days

New Listings

Past 30 days

31 listings

Compared to

2025

48 listings

2024

42 listings

2023

39 listings

Units sold

Past 30 days

32 units

Compared to

2025

23 units

2024

37 units

2023

28 units

Median Sold Price

Past 30 days

$520,000

Compared to

2025

$495,000

2024

$470,000

2023

$405,500


Population and Demographics

Overview

Total population 11969
Average household income $119,570

Age (%)

0 to 19
28%
20 to 34
20%
35 to 49
23%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
66%
Single person
28%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget