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Home AB Sylvan Lake Division No. 8
4507 48 Avenue
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4507 48 Avenue $1,800,000
$1,800,000
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4507 48 Avenue
Sylvan Lake, Alberta T4S1N8

MLS® Number: A2268499

Listing Description

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! (31354850)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Palo
Subdivision Name
Palo
Title
Freehold
Land Size
Unknown
Built in
2023
Annual Property Taxes
$11,412
Total Parking Spaces
8
Time on REALTOR.ca
34 days

Building

Interior Features
Appliances Included
Washer, Refrigerator, Dishwasher, Stove, Dryer
Building Features
Foundation Type
Poured Concrete
Heating & Cooling
Heating Type
Forced air, (Natural gas)
Parking
Total Parking Spaces
8

Measurements

Square Footage
1554 sqft
Total Finished Area
1554 sqft

Land

Other Property Information
Zoning Description
R5
Data provided by: Pillar 9™
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