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#116 5040 53 Street
Downtown (Sylvan Lake) Sylvan Lake T4S 0A1

$255,900
Residential beds: 2 baths: 2.0 956 sq. ft. built: 2007

Main Photo: #116 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2254972
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2254972
Bedrooms:
2
Bathrooms:
2
Year Built:
2007
Lake, Marina, and Golf Course Retreat! An Unbeatable Location Awaits! This is your opportunity to embrace the lifestyle you’ve always wanted in this stunning executive condo. Featuring an open-concept design, this 2-bedroom, 2-bath home comes with a heated underground parking stall. Just two blocks from the lake and marina, and backing onto Sylvan Lake Golf and Country Club, you’ll find yourself within walking distance of vibrant pubs, restaurants, rooftop patios, and the bustling downtown area! The inviting main floor boasts a spacious living area with a beautiful kitchen perfect for culinary enthusiasts including an island / eating bar perfect for entertaining and a large pantry, The expansive master bedroom includes a luxurious ensuite and walk-in closet, while the second (smaller) bedroom offers versatility as a home office or guest room. Recent updates include stylish new vinyl plank flooring, fresh paint, modern toilets, and updated lighting throughout. This complex truly has it all, with amenities such as a storage unit, hot tub, sauna, theater room, party room, billiards and game room, gazebo, and even a car wash bay! Don’t miss your chance to live in this exceptional property!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-Multi Level Unit
Total Living Area:
956 sq. ft.
Condo Fee:
$576.95
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Acreage:
No
Front Exposure:
East
Unit Exposure:
East
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2007 (Age: 18)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0627816
Heating:
Forced Air
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
No
Parking:
Stall, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Downtown (Sylvan Lake)
Car Wash, Elevator(s), Fitness Center, Gazebo, Party Room, Recreation Facilities, Sauna, Secured Parking, Spa/Hot Tub, Storage
Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer Stacked
Fridge, Stove, Dishwasher, Microwave, Washer, Dryer
Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Laundry
5'5" × 4'5"
Main Floor
Bedroom
15'1" × 8'4"
Main Floor
Kitchen
11'2" × 10'4"
Main Floor
Living Room
13'11" × 10'9"
Main Floor
Dining Room
10'7" × 8'9"
Main Floor
Entrance
5'2" × 3'4"
Main Floor
Bedroom - Primary
13'2" × 12'7"
Main Floor
Walk-In Closet
6'2" × 4'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'10" x 7'10"
Main Floor
Yes
4
8'11" x 9'9"
Title to Land:
Fee Simple
Community Features:
Fishing, Golf, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Closet Organizers, Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan, Storage, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Courtyard
Patio And Porch Features:
Patio
Num. of Parcels:
0
Region:
Red Deer County
Zoning:
W-DC
Listed Date:
Sep 07, 2025
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Listed by 2 Percent Realty Advantage
Data was last updated October 20, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
128
Avg list price:
$447,450
Min list price:
$224,900
Max list price:
$1,800,000
Avg days on market:
49
Min days on market:
3
Max days on market:
280
Avg price per sq.ft.:
$377.14
These statistics are generated based on the current listing's property type and located in Sylvan Lake. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.