5115 48 Avenue Sylvan Lake AB T4S 1G6 MLS #A2254715

5115 48 Avenue
Sylvan Lake, AB, T4S 1G6
$499,000
4 Beds
2 Baths
1,087 SqFt
0.15 Acres
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Are you a savvy investor or a first time home buyer looking to secure an amazing property in Sylvan Lake with rental income?!?! This well-maintained property has gone through extensive renovations and landscaping. LOCATION, LOCATION, LOCATION!! Close to downtown and the super fun Sylvan boardwalk – this property puts you in the heart of it all while maintaining quiet on a non-busy street. Currently the owner rents the upper and lower portions of the home separately, and it has also been a successful Air BnB. Main level boasts a great kitchen and dining room looking out onto a large and private backyard. A large office/flex room and two bedrooms with a full bath and large living room. Downstairs there is another full kitchen, living room, full bathroom and 2 more bedrooms. There is a separate laundry room at the bottom of the stairs as part of the shared large entrance. There are TWO SEPARATE yards, so if you are using this as a rental or Air BnB each guest has their dedicated space!! Both yards are completely fenced and the rear includes a 16×24 garage with power adding even more opportunity! *Most interior photos from prior to current tenants.

Property Details

Price:
$499,000
MLS #:
A2254715
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Downtown
Listed Date:
Sep 6, 2025
Finished Sq Ft:
1,087
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
2001
GarageDowntownSeparate/exterior Entry,finished,full,suiteBack Lane,back Yard,city Lot,lawn

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Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer
Basement
Separate/Exterior Entry, Finished, Full, Suite
Bathrooms Full
2
Laundry Features
In Basement, Lower Level

Exterior

Exterior Features
None
Lot Features
Back Lane, Back Yard, City Lot, Lawn
Parking Features
Off Street, Parking Pad, Single Garage Detached
Parking Total
4
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Sylvan Lake as of Nov 04, 2025
103
Single Family Listed
65
Avg DOM
404
Avg $ / SqFt
$563,307
Avg List Price

Property Summary

    Located in the Downtown subdivision, 5115 48 Avenue Sylvan Lake AB is a Single Family for sale in Sylvan Lake, AB, T4S 1G6. It is listed for $499,000 and features 4 beds, 2 baths, and has approximately 1,087 square feet of living space, and was originally constructed in 2001. The current price per square foot is $459. The average price per square foot for Single Family listings in Sylvan Lake is $404. The average listing price for Single Family in Sylvan Lake is $563,307. To schedule a showing of MLS#a2254715 at 5115 48 Avenue in Sylvan Lake, AB, contact your Walter Saccomani | Real Broker agent at 4039035395.

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5115 48 Avenue
Sylvan Lake, AB
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