15 hours on Market

5220 50A Ave #1007, Sylvan Lake, Alberta T4S 1E5

Townhouse
3
2
~1541.00 sqft
$240,000
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Townhouse
3
2
~1541.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$155/sqft

Est. Mortgage$1,031/mo

Maintenance fees$512/mo

Tax Amount (2024)$1,793/yr

Days On Market15 hours


Description

This 1,541 square foot townhouse is ideally located in the heart of downtown Sylvan Lake, in the sought-after Rainbow Park subdivision—just one block from the Sylvan Lake Golf and Country Club, the marina, and close to restaurants, shopping, and the beach. This two-story end unit offers an open-concept main level filled with natural light, featuring a bright living room with a gas fireplace, a spacious kitchen with plenty of cabinetry, an island with an eating bar, and access to a west-facing deck complete with a natural gas outlet. Upstairs, the loft-style primary bedroom includes a soaker tub and generous storage. There are a total of three bedrooms and two bathrooms, making this home a comfortable and practical choice for year-round living or a weekend retreat. The unit comes with one dedicated parking stall right in front of the unit with lots of visitor parking close by. The condo fees cover exterior maintenance, snow removal, landscaping, and garbage removal. With light pouring in from multiple angles, this end unit offers both functionality and a welcoming atmosphere in a prime location.


Property Details

Style2 Storey
View-
Age of property1999
SqFt~1541.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2217097
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byRoyal Lepage Network Realty Corp.

Features

Heating: Forced Air,Natural Gas

Main Floor

Bedroom

10`9" x 13`2"

Bedroom

10`9" x 17`7"

Dining Room

14`5" x 6`11"

4pc Bathroom


Features

Patio: Deck
Balcony: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

May 14, 2025
ListedActive
$240,000
15 hours on market
history photo preview27
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

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

48 days

2023

31 days

New Listings

Past 30 days

8 listings

Compared to

2024

11 listings

2023

12 listings

Units sold

Past 30 days

8 units

Compared to

2024

8 units

2023

8 units

Median Sold Price

Past 30 days

$304,750

Compared to

2024

$275,250

2023

$291,000


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

Transportation Scores

Estimated Budget