1 day on Market

5220 50A Ave #1601, Sylvan Lake, Alberta T4S 1E5

Townhouse
3
3 + 1
~1294.00 sqft
$284,900
Get pre-qualifiedPowered by Neo Mortgage
Townhouse
3
3 + 1
~1294.00 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$220/sqft

Est. Mortgage$1,224/mo

Maintenance fees$577/mo

Tax Amount (2025)$2,434/yr

Days On Market1 day


Description

Welcome to Rainbow Park – a beautifully updated townhouse nestled just steps from the lake in Sylvan Lake! This rare gem is one of only four units in the complex with an attached garage, offering both convenience and exclusivity. Featuring 3 bedrooms and 3 bathrooms, this move-in-ready home blends style, comfort, and a prime location. Enjoy walking distance to downtown shopping, golfing, and of course, the scenic lakefront. Inside, you'll find tasteful updates throughout – including wainscotting, fresh paint on trim, cupboards, living room and bathrooms, and new flooring on the second level. Thoughtful touches like wallpaper accents that bring in the lake-life charm, new cordless zebra blinds, updated lighting, and crown molding elevate the overall atmosphere. The kitchen shines with new hardware and modern finishes, and two of the bathrooms have been refreshed with new toilets. Whether you're looking for a full-time residence, vacation home, or a low-maintenance lifestyle, this townhouse offers it all. Simply turn the key, settle in, and start enjoying everything that Sylvan Lake living has to offer!


Property Details

Style3 (or more) Storey
View-
Age of property2001
SqFt~1294.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2219238
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air

Main Floor

Bedroom

9`2" x 12`7"

Furnace/Utility Room

6`7" x 9`1"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

May 8, 2025
ListedActive
$284,900
1 day on market
history photo preview23
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Sylvan Lake

Geo Zone Map ThumbnailSylvan Lake

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

48 days

2023

31 days

New Listings

Past 30 days

8 listings

Compared to

2024

11 listings

2023

12 listings

Units sold

Past 30 days

8 units

Compared to

2024

8 units

2023

8 units

Median Sold Price

Past 30 days

$304,750

Compared to

2024

$275,250

2023

$291,000


Population and Demographics

Overview

Total population 11969
Average household income $119,570

Age (%)

0 to 19
28%
35 to 49
23%
20 to 34
20%
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%

Schools and amenities

Estimated Budget