About 5019 48 Avenue
Welcome to this charming 3 bedroom, 1 1/2 bathroom bi-level townhouse (NO CONDO FEES) located in the heart of Sylvan Lake. Currently operating as an Airbnb, this well-maintained home offers an unbeatable location within walking distance to the lake, yet tucked away on a quiet street for added peace and privacy. The upper level features an open-concept living room, kitchen, and dining area, along with a convenient 2-piece bathroom. Step out onto the back deck overlooking a private, fully fenced yard complete with a fire pit and rear parking. The lower level includes three bright bedrooms with large windows, a full 4-piece bathroom, and a laundry area. This property faces the beautifully landscaped courtyard at Town Hall, complete with a playground and direct access to walking trails that span across town. Whether you're looking for a revenue property, weekend getaway, or full-time home—owning a piece of Sylvan Lake is rarely this affordable!
Features of 5019 48 Avenue
| MLS® # | A2217499 |
|---|---|
| Price | $275,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 608 |
| Acres | 0.07 |
| Year Built | 1995 |
| Type | Residential |
| Sub-Type | Row/Townhouse |
| Style | Bi-Level |
| Status | Active |
Community Information
| Address | 5019 48 Avenue |
|---|---|
| Subdivision | Downtown |
| City | Sylvan Lake |
| County | Red Deer County |
| Province | Alberta |
| Postal Code | T4S1G6 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Off Street, Parking Pad |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laminate Counters, No Smoking Home |
|---|---|
| Appliances | Dishwasher, Microwave, Refrigerator, Washer/Dryer, Window Coverings, Oven |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior Features | Fire Pit, Private Yard |
|---|---|
| Lot Description | Back Lane, Lawn, Rectangular Lot |
| Roof | Asphalt Shingle |
| Construction | Vinyl Siding |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | May 5th, 2025 |
|---|---|
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Royal Lepage Network Realty Corp. |
|---|