$659,900
 $3,542 est/mo Sourced by Back At You

4639 48 Street,Sylvan Lake, AB T4S1L4

Sylvan Lake, AB T4S1L4

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Description

4-Plex in the Heart of Sylvan Lake sitting on 3 lots!!! Amazing Investment Opportunity 3 - 2 Bedroom Units that are 931 square feet, 909 square feet and 861 Square feet plus a 1 bedroom lower level unit which is 642 square feet! All Units are in very good condition with newer kitchens and appliances and all have in unit storage! Front and Back Entrances, a ton of parking, Laundry Room with 1 Commercial Washer and Dryer, additional storage area, which could convert the 1 Bedroom lower level unit to a 2 bedroom unit. Roof is 30 Year Architectural Shingles which are believed to be 15 years old. HWT was replaced last year! Balconies were just rebuilt and painted, Front and Back Entrances have new Vinyl Plank Flooring, New Paint in Back Entrance. Excellent Investment Opportunity! 8% CAP Rate! (id:13843)

Details

MLS #A2349257
Listing TypeFor Sale
StatusActive
Year1977
Days On Site23
Listing Provided ByRealty Executives Alberta Elite | Cindy Price

Features

SQ Feet2,009
ZoningR2
Acreage0.26

Interior

CoolingNone
HeatingForced air, Natural gas
AppliancesRefrigerator, Stove, Washer & Dryer
Fireplace Yes / NoNo

Exterior

Foundation DetailsPoured Concrete
FencingPartially fenced

Parking

Parking Total8

Taxes

Tax Annual Amount4619
Tax BlockK
Tax Lot18-20
Tax Year2026

Area Information

ProvinceAB
CitySylvan Lake
Postal CodeT4S1L4
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$659,900
low | high
Med:
$261,800
100% of Average
sqft:
2,009
low | high
Med:
925
100% of Average
$ / sqft:
$328
low | high
Med:
$292
61.241481515907% of Average
On site:
23
low | high
Med:
71
32.394366197183% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CitySylvan Lake
Postal CodeT4S1L4
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$659,900
low | high
Med:
$261,800
100% of Average
sqft:
2,009
low | high
Med:
925
100% of Average
$ / sqft:
$328
low | high
Med:
$292
61.241481515907% of Average
On site:
23
low | high
Med:
71
32.394366197183% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $494K - $824K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
4639 48 Street Property Photo 1
$659,900
4639 48 Street
Sylvan Lake, AB T4S1L4
Listing Updated: October 23, 2026 at 8:05:24 AM PDT