Fairways Estates
5040 53 Street, Sylvan Lake, AB T4S 0A1
Market Overview
Last sale: Jul 10, 2026
Condo Fees
Building Features
Policies
Management
About This Building
Fairways Estates is a four-storey low-rise apartment building built in 2007 in downtown Sylvan Lake at 5040 53 Street. The 15-unit complex comprises primarily two-bedroom, two-bathroom units ranging from roughly 950 to 1,600 square feet, with brick, stucco, and wood-siding exteriors. Recent sales have averaged around $368,000, with monthly condo fees averaging roughly $660. The building's defining feature is its direct adjacency to the Sylvan Lake Golf & Country Club's course, with many units offering golf and lake views. Amenities include a fitness centre, hot tub, steam room, car wash bay, and various entertainment spaces. All parking is underground and titled. Before committing to purchase, retain a real estate lawyer to review the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation for this mature property.
