98 days on Market

5040 53 St #207, Sylvan Lake, Alberta T4S 0A1

In the same building:
-
Condo
2
2
~947.40 sqft
$349,900
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Condo
2
2
~947.40 sqft

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Highlights

Property Estimate

Days on market98 days

Estimated valueNot available

Price/Sqft$369/sqft

Monthly cost

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Description

Welcome to Fairway Estates, one of Sylvan Lake’s most sought-after condominiums! This stunning 2-bedroom, 2-bathroom condo offers breathtaking views of the Sylvan Lake Golf & Country Club from your spacious, covered second-floor balcony — perfect for enjoying your morning coffee or relaxing evenings. Inside, you’ll find a bright and open floor plan featuring an updated kitchen with stylish cabinetry, ample cupboard space, a breakfast bar, and a cozy dining area. The inviting living room is centered around a charming corner gas fireplace and also provides access to the balcony for seamless indoor-outdoor living. The large primary bedroom is a true retreat with its own balcony access, a walk-in closet, and a luxurious ensuite that includes a deep soaker tub and separate water closet. A generously sized second bedroom and a full 3-piece main bathroom offer plenty of space for guests or family. Additional features include a linen/storage closet and an in-suite laundry room with space for a small deep freeze, second fridge, or extra shelving. This unit also comes with 2 TITLED UNDERGROUND PARKING SPACES as well as assigned storage. Fairway Estates is ideally located just a short stroll from the waterfront, restaurants, shops, walking paths, and more. The building is rich in amenities including a hot tub, steam room, exercise facility, library, pool table, banquet room, car wash and more – everything you need for a vibrant and convenient lifestyle. Don’t miss your chance to enjoy carefree condo living with the best of Sylvan Lake right at your doorstep!


Property Details

StyleApartment-Single Level Unit
View-
Age of property2006
SqFt~947.40 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2213784
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byRoyal Lepage Network Realty Corp.

Features

Heating: Boiler
Cooling: Wall/Window Unit(s)

Main Floor

3pc Bathroom

5`11" x 6`2"

4pc Ensuite bath

8`11" x 9`8"

Bedroom

11`8" x 9`1"

Bedroom - Primary

18`3" x 13`1"


Features

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

Parking

Garage spaces -

Garage type -

Total parking spaces 2


4Story
Amenities

Bicycle Storage, Car Wash, Elevator(s), Fitness Center, Golf Course, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 1, 2025
ListedActive
$349,900
98 days on market
history photo preview26
Listing by pillar 9®
Property listed by Royal Lepage Network Realty Corp., Brokerage
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Market Data - Sylvan Lake

Geo Zone Map ThumbnailSylvan Lake

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2024

31 days

2023

46 days

2022

0 day

New Listings

Past 30 days

3 listings

Compared to

2024

4 listings

2023

7 listings

2022

1 listing

Units sold

Past 30 days

6 units

Compared to

2024

4 units

2023

9 units

2022

0 unit

Median Sold Price

Past 30 days

$256,000

Compared to

2024

$226,200

2023

$230,000


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