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$1,800,000

Sylvan Lake AB, T4S 1N8

MLS® # A2268499

Property Information:

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!

Inclusions: 4 Refrigerators, 4 Stoves, 4 Dishwashers, 4 Washers, 4 Dryers

Building Features:

  • Total Finished Area: 1554.00

Property Features:

  • Built in: 2023
  • Floor Space (approx): 1554.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Roof: Asphalt Shingle
  • Zoning: R5
  • No. of Parking Spaces: 8

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 4507 48 Avenue, Sylvan Lake, AB, T4S 1N8

Demographic Information of 4507 48 Avenue, Sylvan Lake, AB, T4S 1N8

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$109,115.70

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.44 %

High school certificate or equivalent

39.3 %

Apprenticeship trade certificate/diploma

13.01 %

College/non-university certificate

20.39 %

University Degree

12.87 %

Commuter

Travel To Work

By Car

93.09 %

By Public Transit

0.0 %

By Walking

3.42 %

By Bicycle

0.0 %

By Other Methods

3.49 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.34 %

Houses

94.66 %

Own Vs. Rent