pillar/IMG-A2322233_1.jpg
2 days on Market

5220 50A Ave #1704, Sylvan Lake, Alberta T4S1E5

Townhouse
1
1
~741.93 sqft
$199,900
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Townhouse
1
1
~741.93 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$269/sqft

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Description

Welcome to this beautifully maintained one-bedroom + one-den condominium offering an ideal blend of comfort, convenience, and affordability in the heart of Sylvan Lake. Recent updates, including stylish new flooring, new hot-water tank (2024), and upgraded appliances, add a fresh, modern touch to this move-in-ready home. The thoughtfully designed layout maximizes every square foot, featuring a generous bedroom, a versatile den with elegant French doors, a full 4-pce bathroom, and the convenience of in-suite laundry. The bright and inviting living room is filled with natural light and opens through patio doors to a spacious covered deck, where mature trees and lush green space create a peaceful outdoor retreat. The functional kitchen is equipped with updated appliances, ample cabinetry, and a practical design that makes everyday living easy. Additional storage is available in the basement crawl space, while your own private driveway is complemented by nearby street parking and designated guest parking. Residents also enjoy a charming outdoor gathering area complete with a tranquil pond, an ideal setting for relaxing or spending time with family and friends. One of the standout features of this property is its exceptional location. Just a short stroll from the shores of Sylvan Lake, you'll have quick and easy access to the waterfront, walking paths, parks, beaches, and year-round recreational activities. Shopping, restaurants, coffee shops, grocery stores, and a variety of everyday amenities are all conveniently located nearby, making it easy to leave the car at home and enjoy everything this vibrant lakeside community has to offer. Condominium fees provide outstanding value and cover sewer, garbage collection, snow removal, landscaping, professional management, and maintenance of common areas, allowing for truly low-maintenance living. Whether you're a first-time buyer, downsizer, investor, or simply looking for a carefree lifestyle close to the lake, this attractive home presents an excellent opportunity in one of Sylvan Lake's most desirable and walkable locations.


Property Details

StyleTownhouse-Stacked
View-
Age of property2002
SqFt~741.93 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2322233
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byRed Key Realty & Property Management

Features

Heating: Fireplace(s),Natural Gas
Basement: Crawl Space,Unfinished,None

Main Floor

Living Room

11`3" x 11`2"

Dining Room

6`3" x 11`1"

Kitchen

11`9" x 11`1"

Den

9`8" x 10`3"


Features

Patio: Deck,Front Porch,Patio
Balcony: Deck,Front Porch,Patio

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Jun 25, 2026
ListedActive
$199,900
2 days on market
history photo preview33
Listing by pillar 9®
Property listed by Red Key Realty & Property Management, 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

50 days

Compared to

2025

26 days

2024

49 days

2023

33 days

New Listings

Past 30 days

9 listings

Compared to

2025

15 listings

2024

12 listings

2023

8 listings

Units sold

Past 30 days

12 units

Compared to

2025

12 units

2024

9 units

2023

14 units

Median Sold Price

Past 30 days

$360,450

Compared to

2025

$350,000

2024

$271,046

2023

$265,500


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