Sylvan Lake
Residential Listings
4507 48 Avenue
Palo
Sylvan Lake
T4S 1N8
$1,499,000
Multi-Family
1,554 sq. ft.
built: 2023
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2268499
- Year Built:
- 2023
- Photos (27)
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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 4 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 three 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!
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
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- Possession Date:
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- Total Living Area:
- 1,554 sq. ft.144 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Year built:
- 2023 (Age: 3)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 7921569
- Heating:
- Forced Air, Natural Gas
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Structure Type:
- Four Plex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Garage:
- No
- Parking Places:
- 8
- Parking Total/Covered:
- 8 / -
- Palo (Sylvan Lake)
- Dishwasher, Dryer, Refrigerator, Stove(s), Washer
- 4 Refrigerators, 4 Stoves, 4 Dishwashers, 4 Washers, 4 Dryers
- None Known
- Title to Land:
- Fee Simple
- Num. of Parcels:
- 0
- Region:
- Red Deer County
- Zoning:
- R5
- Listed Date:
- Nov 10, 2025
- Days on Mkt:
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Listed by Royal LePage Network Realty Corp.
Data was last updated May 21, 2026 at 02:05 PM (UTC)
- JASON & SHELAINE WALZ
- LPT Realty
- 403-505-0039
- Contact by Email
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