pillar/IMG-A2254715_1.jpg
59 days on Market

5115 48 Ave, Sylvan Lake, Alberta T4S 1G6

Detached
2 + 2
2
~1087.00 sqft
$•••,•••
$499,000
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Detached
2 + 2
2
~1087.00 sqft

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Highlights

Property Estimate

Days on market59 days

Estimated valueNot available

Price/Sqft$459/sqft

Monthly cost

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Description

Are you a savvy investor or a first time home buyer looking to secure an amazing property in Sylvan Lake with rental income?!?! This well-maintained property has gone through extensive renovations and landscaping. LOCATION, LOCATION, LOCATION!! Close to downtown and the super fun Sylvan boardwalk – this property puts you in the heart of it all while maintaining quiet on a non-busy street. Currently the owner rents the upper and lower portions of the home separately, and it has also been a successful Air BnB. Main level boasts a great kitchen and dining room looking out onto a large and private backyard. A large office/flex room and two bedrooms with a full bath and large living room. Downstairs there is another full kitchen, living room, full bathroom and 2 more bedrooms. There is a separate laundry room at the bottom of the stairs as part of the shared large entrance. There are TWO SEPARATE yards, so if you are using this as a rental or Air BnB each guest has their dedicated space!! Both yards are completely fenced and the rear includes a 16x24 garage with power adding even more opportunity! *Most interior photos from prior to current tenants.


Property Details

StyleBi-Level
View-
Age of property2001
SqFt~1087.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2254715
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byRE/MAX real estate central alberta

Features

Heating: Forced Air
Basement: Separate/Exterior Entry,Finished,Full,Suite

Basement Floor

Bedroom

8`8" x 8`6"

Laundry

5`1" x 7`2"

Kitchen

7`10" x 7`11"

Dining Room

7`10" x 7`8"


Features

Patio: Deck,Patio

Parking

Garage spaces 1

Garage type -

Other parking spaces 3

Total parking spaces 4


Property History

Sep 4, 2025
ListedActive
$499,000
59 days on market
history photo preview25
Listing by pillar 9®
Property listed by RE/MAX real estate central alberta, Brokerage
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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