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Rainbow Park

5220 50A Avenue, Sylvan Lake, AB T4S 1E5

Rainbow Park, at 5220 50A Avenue, is a condo building in the Downtown area of Sylvan Lake, Alberta. It was built in 2001.

Downtown
Year Built
2001
Building Type
Apartment condo

Market Overview

Avg Sold Price
$255,000
Median Sold
$255,000
Price Range
$255,000 – $255,000
Avg $/SqFt
$197.063
Sales (2yr)
1
Avg Days on Market
75

Last sale: Jul 22, 2025

Condo Fees

Avg Monthly Fee
$577
Median Fee
$577
Avg $/SqFt
$0.446
Units w/ Fee Data
1

Building Features

ExteriorConcrete,Vinyl Siding,Wood Frame
AmenitiesParking, Secured Parking
Building TypeApartment condo
Year Built2001

Policies

Pet PolicyRestrictions

About This Building

Rainbow Park is a small townhouse condo complex in downtown Sylvan Lake, built in 2001. Located at 5220 50A Avenue, it offers just four units, each with an attached garage. Recent sales in the complex have averaged around $255,000, with monthly fees approximately $577. The building is within walking distance of the lake, downtown shopping, and local golf courses. The complex has secure parking and is situated in a walkable downtown location. Before finalizing a purchase, it is advisable to have a condo professional review the reserve fund study, financial statements, board minutes, bylaws, and insurance documents to understand the building's financial health and governance.

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