Downtown, Sylvan Lake · MLS® A2316422
221
1,199 sq ft · Condo · Single Family · built 2003 · 141 days on market
listed by Tammy Polley, RE/MAX real estate central alberta
If you’ve been searching for a condo that gives you the convenience of low-maintenance living without sacrificing space, this one deserves your attention.Located just one block from Sylvan Lake, this bright and beautifully maintained top-floor end unit offers 2 bedrooms, 2 full bathrooms, a versatile den, and a spacious open-concept layout filled with natural light.The generous living room is made for relaxing, with a cozy gas fireplace and direct access to your private balcony overlooking peaceful green space—the perfect spot for morning coffee, summer evenings, or simply enjoying a little extra privacy.The kitchen offers plenty of counter space for cooking and entertaining, while updated vinyl plank flooring gives the main living areas a fresh, modern feel.The spacious primary bedroom includes a walk-in closet and private 4-piece ensuite. A second bedroom and full bathroom are ideal for guests, while the separate den gives you the flexibility for a home office, hobby room, reading space, or additional sitting area.And then there’s the LOCATION.Leave the car at home and walk to the lake, restaurants, shops, trails, and everything that makes living in Sylvan Lake so appealing.Whether you're downsizing, buying your first home, looking for a weekend escape, or adding to your investment portfolio, this is an opportunity to get the space you want in a location that's hard to beat.Top floor. End unit. Green-space views. One block from the lake.Come see why #1103 stands out.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,002 · tax $151 · strata $415 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Sylvan Lake: CMHC's average there ($1,467) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $2,300 a year
The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).
The listing shows $1,815 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 71/100 · Walkable: many errands on foot
Within a 10 minute walk: 14 places to eat or drink, 1 cafe, 4 parks and playgrounds, 1 school, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.