INVESTMENT OPPORTUNITY in SYLVAN LAKE!
Discover this exceptional like new 2023 fourplex, ideally located in the heart of Sylvan Lake — a vibrant community known for its beautiful lake, golf courses, lively downtown filled with shops and restaurants, and a top-notch hockey arena at the NexSource Centre. Each high-end, spacious unit features 5 bedrooms and 3.5 bathrooms, offering exceptional value and comfort. The main floor welcomes you with a bright, open-concept design that includes a stylish kitchen with a walk-in pantry, a cozy living room, and a convenient 2-piece bath. From the living area, 2 suites step out onto the private deck that overlooks a fully fenced backyard and two suites out to the front area, perfect for relaxing or entertaining. Upstairs, you’ll find four generous bedrooms and a full 4-piece bathroom. The primary suite boasts a walk-in closet and its own luxurious 4-piece ensuite. The finished basement adds even more living space, featuring a family room, an additional bedroom, and another full 4-piece bath—ideal for tenants seeking space and privacy. Situated close to shopping, schools, the community centre, and just three blocks from the lake, this property offers both convenience and lifestyle appeal. All units currently rented for $2400 each plus utilities. A rare opportunity to own a 4-plex in one of Central Alberta’s most desirable lakeside towns!
Discover this exceptional like new 2023 fourplex, ideally located in the heart of Sylvan Lake — a vibrant community known for its beautiful lake, golf courses, lively downtown filled with shops and restaurants, and a top-notch hockey arena at the NexSource Centre. Each high-end, spacious unit features 5 bedrooms and 3.5 bathrooms, offering exceptional value and comfort. The main floor welcomes you with a bright, open-concept design that includes a stylish kitchen with a walk-in pantry, a cozy living room, and a convenient 2-piece bath. From the living area, 2 suites step out onto the private deck that overlooks a fully fenced backyard and two suites out to the front area, perfect for relaxing or entertaining. Upstairs, you’ll find four generous bedrooms and a full 4-piece bathroom. The primary suite boasts a walk-in closet and its own luxurious 4-piece ensuite. The finished basement adds even more living space, featuring a family room, an additional bedroom, and another full 4-piece bath—ideal for tenants seeking space and privacy. Situated close to shopping, schools, the community centre, and just three blocks from the lake, this property offers both convenience and lifestyle appeal. All units currently rented for $2400 each plus utilities. A rare opportunity to own a 4-plex in one of Central Alberta’s most desirable lakeside towns!
Property Details
Price:
$1,800,000
MLS #:
A2268499
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Palo
Listed Date:
Nov 10, 2025
Finished Sq Ft:
1,554
Year Built:
2023
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Refrigerator, Stove(s), Washer
Exterior
Parking Total
8
Roof
Asphalt Shingle
Financial
Map
Community
- Address4507 48 Avenue Sylvan Lake AB
- SubdivisionPalo
- CitySylvan Lake
- CountyRed Deer County
- Zip CodeT4S 1N8
Subdivisions in Sylvan Lake
Market Summary
Current real estate data for Multi Family in Sylvan Lake as of Dec 21, 2025
2
Multi Family Listed
30
Avg DOM
1,526
Avg $ / SqFt
$1,862,000
Avg List Price
Property Summary
- Located in the Palo subdivision, 4507 48 Avenue Sylvan Lake AB is a Multi Family for sale in Sylvan Lake, AB, T4S 1N8. It is listed for $1,800,000 To schedule a showing of MLS#a2268499 at 4507 48 Avenue in Sylvan Lake, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
Similar Listings Nearby

4507 48 Avenue
Sylvan Lake, AB

