Palo, Sylvan Lake · MLS® A2327396
334
1,274 sq ft · 7,522 sq ft lot · House · Single Family · built 1978 · 104 days on market
listed by Pamela Brauer, KIC Realty
Discover a unique opportunity in the heart of Sylvan Lake—just over a block from the lakeshore and directly across from the Community Health Centre and Nexsource. Tucked away in a quiet cul-de-sac near an elementary school, this bungalow offers exceptional accessibility with wheelchair-friendly features, making it ideal for retirees, first-time buyers, or savvy investors. Situated on a large, fully fenced yard, the property includes an attached single garage and plenty of outdoor space to enjoy. Inside, the home has seen numerous updates, including a new roof, newer furnace, all-new paint and flooring on the main level, updated electrical with safety certification, new GFI outlets, all new family-safe plug-ins, switches, and lights upstairs, refreshed cabinetry, and new door knobs throughout.The bright and spacious main floor features a very large primary bedroom with a convenient two-piece ensuite, plus two additional bedrooms and main floor laundry. A new front window enhances natural light throughout the living space.Downstairs, you’ll find even more room to spread out with a generous family room, a large bedroom, a three-quarter bathroom, and abundant storage space. The wood-burning fireplace downstairs is sold as is and has not been used in years. The central vac and attachments are believed to be working, but no warranties are provided.Enjoy the best of both worlds—just steps to downtown Sylvan Lake’s shops, restaurants, and waterfront, while still enjoying the peace and quiet of this well-located cul-de-sac. This is also a unique opportunity for investors wanting to take advantage of Sylvan Lake’s tourist opportunities. Endless potential in an unbeatable location!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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about $3,789 a year
The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).
The listing shows $3,399 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 86/100 · Very walkable: most errands on foot
Within a 10 minute walk: 21 places to eat or drink, 3 cafes, 11 parks and playgrounds, 1 school, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.