Sommerset

Sommerset is a four-storey low-rise apartment building completed in 2006 on Lakeway Boulevard in the Lakeway Landing community of Sylvan Lake. This wood-frame building with vinyl siding contains 26 units, with recent sales averaging around $264,000 and monthly condo fees of approximately $542. Most units are two-bedroom layouts with flexibility for dens or flex rooms, and amenities include a fitness facility, elevators, and underground heated parking. Located minutes from Sylvan Lake and Memorial Trail, the building offers low-maintenance lakeside living. Before finalizing your purchase, have a professional review the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation to understand the building's long-term financial health and governance.