




2,009 sqft
C$659,900
4639 48 Street, Sylvan Lake Alberta, T4S 1L4
Price per sqftC$328.47
Built in1977
Property size2,009 sqft
Property typeMulti-family
Overview
Active
Listed Sep 30, 2026
Updated 11 days ago
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! Rents were increased for January 1, 2027 which will show a 7.1 CAP Rate for 2027.
Additional information
- MLS® ID
- A2349257
Interior Features
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.26 Acres
Courtesy of Realty Executives Alberta Elite, Cindy Price
Listing Contact: 403-302-2353
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Data last updated 8:04 AM UTC, 10/13/2026