$1,499,000
FOR SALE

Multiplex

4507 48 Avenue
Sylvan Lake, AB T4S 1N8

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 4 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 three 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! (id:47421)
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Listed By Royal LePage Network Realty Corp.
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2268499
Last Updated May 06, 2026
Property Summary
Property Type Multiplex

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Community Palo
Price History

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Detailed Information
Listing Contract Date 2025-11-10
Municipal ID 0012752127
Ownership Type Freehold
# of Parking Spaces 8
Plan 7921569
Property Type Multi-family
Transaction Type For sale
Zoning Description R5
Building
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer
Constructed Date 2023
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Total Finished Area 1554 sqft
Type Multi-Family
Land
Total Size Unknown

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