$ 659,900
4639 48 Street
4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 1
50 Photos
4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 2
4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 3
4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 6 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 7 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 8 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 9 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 10 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 11 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 12 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 13 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 14 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 15 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 16 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 17 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 18 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 19 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 20 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 21 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 22 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 23 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 24 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 25 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 26 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 27 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 28 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 29 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 30 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 31 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 32 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 33 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 34 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 35 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 36 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 37 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 38 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 39 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 40 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 41 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 42 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 43 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 44 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 45 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 46 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 47 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 48 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 49 4639 48 Street, Sylvan Lake, AB T4S1L4 Photo 50

4639 48 Street, Sylvan Lake

4-Plex in the Heart of Sylvan Lake sitting on 3 lots!!! Amazing Investment Opportunity 3 - 2 Bedroom Units that are 931 square feet, 909 square feet and 861 Square feet plus a 1 bedroom lower level suite which is 642 square feet! All Units are in very good condition with newer kitchens and appliances and all have in unit storage! Front and Back Entrances, a ton of parking, Laundry Room with 1 Commercial Washer and Dryer, additional storage area, which could convert the 1 Bedroom lower level unit to a 2 bedroom unit. Roof is 30 Year Architectural Shingles which are believed to be 15 years old. HWT was replaced last year! Balconies were just rebuilt and painted, Front and Back Entrances have new Vinyl Plank Flooring, New Paint in Back Entrance. Excellent Investment Opportunity! Cap Rate Currently 5.4, Potential CAP Rate 8.1%! (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Property details for 4639 48 Street, Sylvan Lake

Type
Multi-family
Living Area
2,009 square feet
Lot Size
11250.00
Heating
Forced air, Natural gas
Cooling
None
Ownership
Freehold
Annual Taxes
$4,209 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 4639 48 Street

Active Listings
149
Min Price
$3,000
Max Price
$8,360,000
Avg Price
$617,663
Days on Market
96
days
Sold Listings
44
Min Sold Price
$75,000
Max Sold Price
$3,588,000
Avg Sold Price
$655,548
Days until Sold
98
days

Neighbourhood Census Data

Sylvan Lake, Alberta

Population
426
Median Age
34.6
Median Income
$35,200
Dwelling Value
$300,069

Housing Tenure

Owners 36%
Renters 67%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 2,494.1/km²
Avg Shelter Cost: $1,066/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 63.6%
English only: 92.9%
English and French: 7.1%
Median Household Income: $65,280
Median Employment Income: $34,005

Price History

Listed
June 16, 2026
by Realty Executives Alberta Elite
Current Price
$659,900
-2.2% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $659,900 $15,100 (-2.2%)
Sep 14, 2026 $675,000 $20,000 (-2.9%)
Sep 1, 2026 $695,000 Listed

Contact Agent Get in touch about 4639 48 Street, Sylvan Lake

Cindy Price
Cindy Price
Realty Executives Alberta Elite

Similar Other near 4639 48 Street, Sylvan Lake, AB T4S1L4

Comparison of 4639 48 Street, Sylvan Lake, AB with Nearby Other
Nearby Searches
Nearby Cities
Popular Cities
Recent Listings