5135 Lakeshore Drive

5135 Lakeshore Drive in Downtown Sylvan Lake is a three-storey low-rise apartment building constructed in 1992. The property comprises one- and two-bedroom units with stucco exterior and covered, assigned parkade parking. Recent sales have averaged around $170,000, with monthly condo fees averaging roughly $657. Units feature private balconies with lake views and open layouts suited to primary residences or investment purposes. The waterfront location provides immediate access to the beach, marina, parks, and downtown amenities. Before finalizing a purchase, prospective buyers should retain a qualified professional to review the condo's reserve fund study, financial statements, board minutes, bylaws, and insurance policies to ensure full transparency on the building's maintenance obligations and long-term sustainability.