4507 48 Avenue, Sylvan Lake, Alberta

$1,800,000

Previous Next

1,554

Square feet

About 4507 48 Avenue

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!

Features of 4507 48 Avenue

MLS® # A2268499
Price $1,800,000
Bathrooms 0.00
Square Footage 1,554
Acres 0.00
Year Built 2023
Type Multi-Family
Sub-Type 4 plex
Status Active

Community Information

Address 4507 48 Avenue
Subdivision Palo
City Sylvan Lake
County Red Deer County
Province Alberta
Postal Code T4S 1N8

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Refrigerator, Stove(s), Washer
Heating Forced Air, Natural Gas
Fireplace No
Has Basement No

Exterior

Roof Asphalt Shingle
Foundation Poured Concrete

Additional Information

Date Listed November 10th, 2025
Days on Market 2
Zoning R5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRoyal LePage Network Realty Corp.

Listing Map