3 days on Market

5043 51 St, Sylvan Lake, Alberta T4S 1G6

Detached
2
1
~909.22 sqft
$389,900
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Detached
2
1
~909.22 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$428/sqft

Monthly cost

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Description

Welcome to the perfect family getaway, located just one block from Sylvan Lake and only steps from the vibrant downtown district. This ideally situated home offers the perfect blend of relaxation, convenience, and year-round enjoyment. Spend your days at the beach, walking scenic lakeside trails, dining at local cafés and restaurants, or exploring nearby shops and attractions — all within easy walking distance. The home offers a warm and inviting atmosphere with recent interior updates and new kitchen appliances, making it truly move-in ready for immediate enjoyment. This property may be well suited for year-round short-term rental use, offering flexibility as a private retreat, an investment opportunity, or both. Buyers are encouraged to verify municipal regulations and licensing requirements. Zoned CW - this designation supports mixed-use waterfront commercial development, offering enhanced flexibility and long-term value in one of the lake’s most desirable locations. With strong rental appeal, excellent walkability, and an unbeatable setting near the lake, this is a rare opportunity to own your own piece of lake lifestyle living. Seller will provide Tittle Insurance in a lieu of RPR.


Property Details

StyleBungalow
View-
Age of property1943
SqFt~909.22 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2321468
Community NameSylvan Lake
Data SourcePILLAR 9
Listing bySutton Landmark Realty

Features

Heating: Central

Main Floor

Living Room

13`10" x 17`3"

Bedroom - Primary

15`7" x 11`1"

Bedroom

15`5" x 8`11"

Dining Room

15`9" x 8`5"


Features

Patio: Rear Porch

Parking

Garage spaces 3

Garage type -

Total parking spaces 2


Property History

Jun 15, 2026
ListedActive
$389,900
3 days on market
history photo preview22
Listing by pillar 9®
Property listed by Sutton Landmark 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

37 days

Compared to

2025

37 days

2024

48 days

2023

41 days

New Listings

Past 30 days

53 listings

Compared to

2025

40 listings

2024

32 listings

2023

41 listings

Units sold

Past 30 days

28 units

Compared to

2025

47 units

2024

34 units

2023

29 units

Median Sold Price

Past 30 days

$516,070

Compared to

2025

$500,000

2024

$450,000

2023

$412,000


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