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5435 Lakeshore Drive, Sylvan Lake, AB T4S 1T2

Downtown
Year Built
1995
Floors
3
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$245,000
Median Sold
$225,000
Price Range
$200,000 – $310,000
Avg $/SqFt
$270.493
Sales (2yr)
3
Active Listings
1
Avg List Price
$319,900
Avg Days on Market
45

Last sale: Jun 16, 2026

Condo Fees

Avg Monthly Fee
$504.26
Median Fee
$527.855
Avg $/SqFt
$0.5
Units w/ Fee Data
4
Fee IncludesHeat

Building Features

ExteriorConcrete,Vinyl Siding,Wood Frame
AmenitiesBicycle storage, elevator(s), underground parking, workshop, security door
Building TypeLow-rise apartment
Floors3 storeys
Year Built1995

Policies

Pet PolicyNo pets allowed
Age Restriction40+

About This Building

Located at 5435 Lakeshore Drive in Downtown Sylvan Lake, this 3-floor, low-rise apartment building was constructed in 1995 and offers lakeside living steps from the beach and Sylvan Lake Golf & Country Club. The building includes a mix of 1- and 2-bedroom units. Recent sales have averaged around $245,000, with monthly condo fees averaging roughly $504. The building features an elevator, bicycle storage, workshop, and underground heated parking. A 40+ age restriction applies to at least one unit. Before finalizing your purchase, have a real estate lawyer review the condo documents—including the reserve fund study, financial statements, board minutes, and bylaws—to understand the building's financial health and any upcoming major repairs.

Premium reviews are completed within 24 hours of having all required condo documents. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.