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4747 50 Street, Sylvan Lake, AB T4S 1S7

Downtown
Year Built
1980
Floors
3
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$2,350,000
Median Sold
$2,350,000
Price Range
$2,350,000 – $2,350,000
Sales (2yr)
1
Avg Days on Market
116

Last sale: Dec 19, 2024

Building Features

ExteriorStucco
Building TypeLow-rise apartment
Floors3 storeys
Year Built1980

Policies

Rental PolicyRental investment property; heat and water included in rent.

Known Issues & Notes

Repairs/Projects

Substantial upgrades completed in the last 5 years.

About This Building

This 3-storey low-rise apartment building at 4747 50 Street in Downtown Sylvan Lake was constructed in 1980 and comprises 21 units with a mix of one- and two-bedroom layouts, each featuring a balcony. Located just three blocks from the beach and within walking distance of banks, restaurants, shopping, and the recreation centre, the property offers excellent access to community amenities and transit. The building has undergone substantial upgrades over the past five years. Surface parking includes assigned stalls and guest spaces with plug-in facilities. Recent sales activity shows the property valued around $2.35 million. Before finalizing any acquisition, buyers should arrange a professional review of the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation.

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

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