3 days on Market

5040 53 St #308, Sylvan Lake, Alberta T4S 0A1

In the same building:
-
Condo
2
2
~942.47 sqft
$329,900
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Condo
2
2
~942.47 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$350/sqft

Monthly cost

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Description

Located in the small town of Sylvan Lake, only a 15-minute drive to Red Deer, this beautiful 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience, and resort-style amenities. Step inside the spacious open-concept layout, featuring engineered hardwood floors and plenty of natural light. The kitchen is a true highlight with a gas stove, convection oven, pantry, large sink, and a newer fridge—perfect for cooking and entertaining. The primary suite is complete with a walk-in closet and an ensuite, while the second bedroom and full bath are ideal for guests or a home office. A large in-suite storage and laundry room add to the practical design. Enjoy your morning coffee or evening BBQ on the covered balcony, equipped with a gas hook-up. The Sylvan Lake Golf & Country Club backs directly onto the complex, giving you endless opportunities to hit the course. Fairway Estates offers an incredible range of building amenities, including a gym, hot tub, steam room, party room, TV lounge, library, movie theatre, and car wash. The geothermal heating system and solar panels ensure energy efficiency and eco-friendly living. This unit includes one titled underground parking stall, with plenty of visitor parking available for friends and family. Perfectly located just one block from the lake, marina, and vibrant Lakeshore Drive with its shops and restaurants, this home offers low-maintenance living in one of Alberta’s most desirable lake communities.


Property Details

StyleApartment-Single Level Unit
View-
Age of property2005
SqFt~942.47 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2249677
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byRoyal LePage Network Realty Corp.

Features

Heating: Geothermal

Main Floor

3pc Bathroom

4pc Ensuite bath

Bedroom

11`6" x 9`0"

Dining Room

11`4" x 10`4"


Features

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

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Fitness Center, Laundry, Recreation Facilities

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Aug 21, 2025
ListedActive
$329,900
3 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