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5220 50A Avenue, Sylvan Lake, AB T4S 1E5

Downtown
Year Built
1999
Building Type
Apartment condo

Market Overview

Avg Sold Price
$227,500
Median Sold
$227,500
Price Range
$220,000 – $235,000
Avg $/SqFt
$181.122
Sales (2yr)
4
Avg Days on Market
40

Last sale: Aug 28, 2026

Condo Fees

Avg Monthly Fee
$474
Median Fee
$502.5
Avg $/SqFt
$0.368
Units w/ Fee Data
4
Fee IncludesWater

Building Features

ExteriorWood Frame
AmenitiesGazebo, park, parking, picnic area, pond
Building TypeApartment condo
Year Built1999

Policies

Pet PolicyPets restricted

About This Building

This apartment condo complex at 5220 50A Avenue in Downtown Sylvan Lake was built in 1999 and comprises wood-frame units ranging from approximately 1,330 to 1,541 square feet. Recent sales have averaged around $228,000, with monthly condo fees averaging roughly $474. The community offers a pleasant setting with gazebos, parks, picnic areas, and pond views. Units typically feature two to three bedrooms, gas fireplaces, and deck access. Pet restrictions apply to the building. Before finalizing your purchase, have a real estate lawyer and accountant review the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation to understand the building's long-term financial health and any planned capital projects.

Premium reviews include your choice of a 24-hour turnaround (within 24 hours of having all required condo documents) or a video call. General information, not legal advice.

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