$624,900
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5019 52 Street, Sylvan Lake, AB T4S 1E4

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- Beds
0 Baths
192 Sq Ft

This unique and fully renovated triplex offers an exceptional revenue opportunity just one block from the lake, currently generating $5, 850 per month in rental income and being offered fully furnished for a true turnkey investment. Situated on a massive lot with a fully fenced yard, this property features three legally suited units, including two 2 bedroom units and one 1 bedroom unit, each with its own character and strong rental appeal. The property includes a two storey home originally built in 1924, a second structure built in 1974, and a charming one bedroom cabin complete with its own kitchen, bathroom, and in suite laundry. All three units have been updated, making this an ideal opportunity for investors or those looking to live in one unit while generating income from the others. With its proximity to the lake and flexible layout, there is also excellent potential for short term rental use, including Airbnb. The exterior space is just as impressive, featuring a huge lot with a clean, low maintenance white vinyl fence and three separate sundecks, one for each unit, providing private outdoor space for tenants or guests. Additional upgrades include brand new eavestroughs, as well as improvements to the cabin including updated lighting, plumbing lines, and added insulation to protect water lines. With approximately 2, 000 square feet of developed living space and a truly one of a kind setup, this property stands out as a rare opportunity in a highly desirable location near the lake, amenities, and recreational areas.

Listing By: Jeffrey Cox - eXp Realty cnpilar Realty.com
  • MLS® A2303454
  • Date Listed04/20/2026
  • Days on Realty 46 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.13 acres (5,750 sq. ft)
  • Subdivision Downtown
  • County Red Deer County
  • Year Built 1924
  • Square Feet 192 sq. ft
  • Price Per Sq. Ft $3246.4

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.13
  • Lot Size SQFT 5,750.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4S 1E4

Discover key demographics, population statistics, and environmental insights for the Sylvan Lake, AB area.

Walkability in AB / T4S 1E4

Source: Walk Score

72/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

44/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 29/100.

Points of Interest near 5019 52 Street, Sylvan Lake, AB T4S 1E4

Frequently Asked Questions for 5019 52 Street

Source: Realty.com

5019 52 Street, Sylvan Lake, AB T4S 1E4 in Downtown, Sylvan Lake, AB T4S 1E4 is a triplex listed at $624,900. Highlights include 192 sq. ft., built in 1924, 0.13 acre lot, $3,246 per sq. ft.. Realty.ca has 49 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 49 photos of 5019 52 Street.

Our records indicate that 5019 52 Street was built in 1924.

The full address for this home is 5019 52 Street, Sylvan Lake, AB T4S 1E4.

5019 52 Street has been listed on Realty.com since Mon April 20, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 29/100.

Listing provided courtesy of: eXp Realty (tel: 403-262-7653)
Listing agent: Jeffrey Cox (tel: 587-581-6900)

This content last refreshed on 2026-06-05 20:37:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.