$ 449,900

5115 48 Avenue, Sylvan Lake

Welcome to this well-maintained property in one of Sylvan Lake’s most convenient locations! Situated on a quiet street just minutes from downtown and the popular Sylvan Lake boardwalk, you’ll be close to restaurants, shopping, the lake and all the amenities this vibrant community has to offer. The home offers a versatile layout with generous living space throughout. The main level features a functional kitchen and dining area overlooking the large backyard, a spacious living room, two bedrooms, a full bathroom and a versatile office/flex room. The lower level provides additional living space with a full kitchen, living room, two bedrooms and a full bathroom, along with a separate laundry room conveniently located off the shared entrance. Outside, you’ll appreciate two separately fenced yard areas, offering privacy and flexibility for a variety of needs. The rear yard also features a 16' x 24' powered garage, providing excellent space for parking, storage, hobbies or a workshop. With a flexible layout, generous living space, two fenced yard areas, a powered garage and an excellent location close to the lake and downtown, this property offers a great opportunity for buyers seeking a versatile home with plenty of space and functionality. (id:1945)
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Property details for 5115 48 Avenue, Sylvan Lake

Type
Residential
Style
Bi-level
Bedrooms
4
Bathrooms
2
Living Area
1,053 square feet
Lot Size
6500.00
Basement
Finished, Full, Separate entrance, Suite
Parking
Detached Garage, Parking Pad, Other
Heating
Forced air, Natural gas
Cooling
None
Exterior
Vinyl siding
Ownership
Freehold
Annual Taxes
$3,969 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 5115 48 Avenue

Active Listings
8
Min Price
$369,900
Max Price
$1,075,000
Avg Price
$553,313
Days on Market
72
days
Sold Listings
4
Min Sold Price
$319,900
Max Sold Price
$409,900
Avg Sold Price
$384,300
Days until Sold
25
days

Price History

Listed
August 17, 2026
by RE/MAX real estate central alberta
Current Price
$449,900
-4.3% from last change
Type
Residential
For Sale
Price Changes
2
Date Price Change
Current $449,900 $20,000 (-4.3%)
Oct 2, 2026 $469,900 $29,100 (-5.8%)
Aug 17, 2026 $499,000 Listed

Contact Agent Get in touch about 5115 48 Avenue, Sylvan Lake

Erin Wilkinson
Erin Wilkinson
RE/MAX real estate central alberta