pillar/IMG-A2254715_1.jpg
36 days on Market

5115 48 Ave, Sylvan Lake, Alberta T4S 1G6

Detached
2 + 2
2
~1087.00 sqft
$•••,•••
$499,000
Get pre-qualifiedPowered by nesto
Detached
2 + 2
2
~1087.00 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market36 days

Estimated valueNot available

Price/Sqft$459/sqft

Monthly cost

Open Calculator

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
36 days on market
history photo preview25
Listing by pillar 9®
Property listed by RE/MAX real estate central alberta, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

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

34 days

Compared to

2024

49 days

2023

42 days

2022

47 days

New Listings

Past 30 days

30 listings

Compared to

2024

19 listings

2023

27 listings

2022

24 listings

Units sold

Past 30 days

21 units

Compared to

2024

20 units

2023

25 units

2022

26 units

Median Sold Price

Past 30 days

$460,000

Compared to

2024

$470,000

2023

$370,000

2022

$399,000


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