1 day on Market

5010 53 St, Sylvan Lake, Alberta T4S1E7

Detached
2 + 1
2
~850.58 sqft
$480,000
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Detached
2 + 1
2
~850.58 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$564/sqft

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Description

Beautifully renovated and full of charm, this stylish bungalow in Downtown Sylvan Lake offers the perfect blend of comfort, character, and unbeatable location. Just a short stroll from the lake, marina, restaurants, and all the energy of downtown, this is the kind of home where summer memories are made, beach days with family, evenings around the firepit, and sunsets enjoyed from your own private backyard retreat. Situated on an oversized, mature lot backing directly onto an 18-hole golf course, this property offers exceptional privacy and a peaceful setting surrounded by trees and nature. Designed for both relaxing and entertaining, the home features incredible outdoor living spaces with expansive decks at both the front (16 x 12), and back , of the home, perfect for morning coffee, hosting friends, summer BBQs, or unwinding under the evening sky. Inside, the bright open-concept layout is warm, inviting, and flooded with natural light from an oversized window. Thoughtful renovations throughout include updated flooring, fresh paint, roof redone (2021), new windows, modern lighting, renovated bathrooms, and brand-new stainless steel kitchen appliances. The cozy living room flows seamlessly into the beautifully updated kitchen, complete with modern finishes, ample cabinetry, and a functional layout built for gathering and entertaining. The main floor offers two spacious bedrooms and a beautifully finished 3-piece bathroom. Downstairs, the fully developed lower level provides even more room to enjoy with a large family room, an additional generously sized bedroom, a second 4-piece bathroom, convenient laundry area, and a spacious utility/storage room perfect for hobbies, tools, and extra storage. Adding even more value and peace of mind, the home also features a newer hot water tank (2018), and a furnace that is only one year old (2025). Step outside and fall in love with the massive fully fenced yard offering endless possibilities, including RV parking, future garage development, and convenient back lane access. Mature trees, firepit, shed, a greenhouse and the newly painted multi-level back deck (20 x 10/20 x 12), create the ultimate outdoor oasis for entertaining and enjoying everything Sylvan Lake living has to offer. Move-in ready and loaded with upgrades, this rare property combines lifestyle, location, and opportunity in one of Sylvan Lake’s most sought-after neighbourhoods.


Property Details

StyleBungalow
View-
Age of property1960
SqFt~850.58 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2307510
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byRed Key Realty & Property Management

Features

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

Main Floor

Living Room

20`1" x 12`6"

Kitchen

16`2" x 10`8"

Hall

4`8" x 3`5"

Hall

4`8" x 3`3"


Features

Patio: Deck,Front Porch,Rear Porch

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

May 28, 2026
ListedActive
$480,000
1 day on market
history photo preview48
Listing by pillar 9®
Property listed by Red Key Realty & Property Management, 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