1 day 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

Estimated ValueNot available

Price/Sqft$369/sqft

Est. Mortgage$1,503/mo

Maintenance fees$638/mo

Tax Amount (2024)$1,970/yr

Days On Market1 day


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
1 day 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

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

25 days

Compared to

2024

34 days

2023

48 days

New Listings

Past 30 days

2 listings

Compared to

2024

7 listings

2023

10 listings

Units sold

Past 30 days

3 units

Compared to

2024

8 units

2023

5 units

Median Sold Price

Past 30 days

$270,000

Compared to

2024

$237,000

2023

$228,000


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