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156 days on Market

5037 48 Street, Sylvan Lake, Alberta T4S 1C6

Detached
3
2
~1529.00 sqft
$•••,•••
$384,500
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Detached
3
2
~1529.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$251/sqft

Est. Mortgage$1,651/mo

Tax Amount (2024)$3,089/yr

Days On Market156 days


Description

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.


Property Details

Style2 Storey
View-
Age of property1905
SqFt~1529.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2180743
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byKIC Realty

Features

Heating: Forced Air
Basement: See Remarks

Main Floor

3pc Bathroom

6`9" x 9`11"

Bedroom

9`11" x 10`7"

Dining Room

12`7" x 9`11"

Kitchen

15`11" x 9`11"


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Dec 5, 2024
ListedActive
$384,500
156 days on market
history photo preview45
Listing by pillar 9®
Property listed by KIC Realty, Brokerage
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Market Data - Sylvan Lake

Geo Zone Map ThumbnailSylvan Lake

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

23 days

Compared to

2024

36 days

2023

39 days

2022

0 day

New Listings

Past 30 days

48 listings

Compared to

2024

42 listings

2023

39 listings

2022

0 listing

Units sold

Past 30 days

22 units

Compared to

2024

37 units

2023

28 units

2022

0 unit

Median Sold Price

Past 30 days

$502,500

Compared to

2024

$470,000

2023

$405,500


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