4747 50 Street, Sylvan Lake, AB T4S 1S7
Market Overview
Last sale: Dec 19, 2024
Building Features
Policies
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.
