4507 48 Avenue
Active Listing

4507 48 Avenue

4507 48 Avenue, Sylvan Lake

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$1,600,000Price
1,554Sq Ft

INVESTMENT OPPORTUNITY in SYLVAN LAKE.

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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!

Interactive Experience

Virtual Tour

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Refined Amenities

Curated features for a sophisticated lifestyle.

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Dishwasher

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Dryer

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Refrigerator

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Stove(s)

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Washer

Specifications

Property Details

Property TypeMulti-Family
Property Subtype4 plex
StructureFour Plex
Transaction TypeFor Sale
Living Area1,554 sq ft
Living Area (m²)144.0 m²
Year Built2023
Parking Total8
HeatingForced Air,Natural Gas
AppliancesDishwasher,Dryer,Refrigerator,Stove(s),Washer
RoofAsphalt Shingle
FoundationPoured Concrete
Price / Sq Ft$1,029.60
Annual Taxes$11,412 (2025)
ZoningR5
PossessionImmediate
Title / LandFee Simple
Inclusions4 Refrigerators, 4 Stoves, 4 Dishwashers, 4 Washers, 4 Dryers
Days on Market128
ListedNovember 10, 2025
NeighbourhoodPalo
MLS NumberA2268499
The Location

Palo

4507 48 Avenue, Sylvan Lake, Alberta, T4S 1N8

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage Network Realty Corp..

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $11,412. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2268499. Listed November 10, 2025. Listed by Royal LePage Network Realty Corp..

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: April 7, 2026.