Located at 5220 50A Avenue in Downtown Sylvan Lake, this low-rise apartment building was constructed in 2002 and offers two-floor, one-bedroom-plus-den units within walking distance of Lakeshore Drive, the marina, golf course, and local shops. Recent sales have averaged around $193,000, with monthly condo fees averaging roughly $314. The complex features a gazebo and park access. Units benefit from recent updates including new flooring, appliances, and a new hot-water tank installed in 2024, along with covered decks overlooking landscaped courtyards. Before making an offer, prospective buyers should have a professional review the reserve fund study, financial statements, board minutes, and bylaws to ensure sound building governance and funding.