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Gull Cove Condominium

4722 44 Street, Sylvan Lake, AB T4S 1G4

Gull Cove Condominium, at 4722 44 Street, is a condo building in the Palo area of Sylvan Lake, Alberta. It was built in 1978 and stands 4 storeys tall.

Palo
Year Built
1978
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$122,625
Median Sold
$122,000
Price Range
$110,000 – $136,500
Avg $/SqFt
$164.449
Sales (2yr)
4
Avg Days on Market
30.75

Last sale: Sep 2, 2025

Condo Fees

Avg Monthly Fee
$563.953
Median Fee
$563.96
Avg $/SqFt
$0.757
Units w/ Fee Data
4
Fee IncludesHeat, Water

Building Features

ExteriorBrick,Concrete,Stucco
AmenitiesCoin laundry, visitor parking, in-suite laundry option available.
Building TypeLow-rise apartment
Floors4 storeys
Year Built1978

Policies

Pet PolicyPet friendly policy stated.
Rental PolicyAirbnb permitted.

Known Issues & Notes

Special Assessment Notes

Recent roof replacement and boiler upgrade (2021); balcony upgrades completed.

Repairs/Projects

New roof and boiler installed 2021. Balconies and common area carpets recently upgraded. Units extensively renovated around 2009.

About This Building

Gull Cove Condominium, located at 4722 44 Street in the Palo community of Sylvan Lake, is a four-storey low-rise apartment complex built in 1978. Situated less than one kilometre from Sylvan Lake's sandy beach and near schools and shopping, this building offers affordable living with recent building improvements including a new roof, boiler, and balcony upgrades. Recent sales have averaged around $123,000, with monthly condo fees averaging roughly $564 and covering heat, water, sewer, garbage, and exterior maintenance. The building permits Airbnb rentals and maintains a pet-friendly policy. Before committing to purchase, prospective buyers should have the reserve fund study, current financial statements, board minutes, and condominium bylaws reviewed by a qualified professional to ensure the building's long-term financial health and to understand any upcoming capital projects.

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