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308 5040 53 Street
Downtown (Sylvan Lake) Sylvan Lake T4S 0A1

$329,900
Residential beds: 2 baths: 2.0 942 sq. ft. built: 2005

Main Photo: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 1: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 2: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 3: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 4: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 5: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
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Photo 21: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 22: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 23: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 24: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 25: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Photo 26: 308 5040 53 Street: Sylvan Lake Apartment for sale : MLS®# A2249677
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2249677
Bedrooms:
2
Bathrooms:
2
Year Built:
2005
Located in the small town of Sylvan Lake, only a 15-minute drive to Red Deer, this beautiful 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience, and resort-style amenities. Step inside the spacious open-concept layout, featuring engineered hardwood floors and plenty of natural light. The kitchen is a true highlight with a gas stove, convection oven, pantry, large sink, and a newer fridge—perfect for cooking and entertaining. The primary suite is complete with a walk-in closet and an ensuite, while the second bedroom and full bath are ideal for guests or a home office. A large in-suite storage and laundry room add to the practical design. Enjoy your morning coffee or evening BBQ on the covered balcony, equipped with a gas hook-up. The Sylvan Lake Golf & Country Club backs directly onto the complex, giving you endless opportunities to hit the course. Fairway Estates offers an incredible range of building amenities, including a gym, hot tub, steam room, party room, TV lounge, library, movie theatre, and car wash. The geothermal heating system and solar panels ensure energy efficiency and eco-friendly living. This unit includes one titled underground parking stall, with plenty of visitor parking available for friends and family. Perfectly located just one block from the lake, marina, and vibrant Lakeshore Drive with its shops and restaurants, this home offers low-maintenance living in one of Alberta’s most desirable lake communities.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment-Single Level Unit
Total Living Area:
942.47 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$571.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Other
Entry Level:
3
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2005 (Age: 20)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0627816
Heating:
Geothermal
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Garage:
No
Garage Spaces:
1
Parking:
Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Fairway Estates
Downtown (Sylvan Lake)
Fitness Center, Laundry, Recreation Facilities
Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer, Window Coverings
Gas Stove, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Window Coverings, Ceiling Fans
Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Bedroom
11'6" × 9'
Main Floor
Dining Room
11'4" × 10'4"
Main Floor
Kitchen
13'8" × 11'5"
Main Floor
Laundry
5'11" × 5'9"
Main Floor
Living Room
14'2" × 9'5"
Main Floor
Bedroom - Primary
18'3" × 13'
Floor
Ensuite
Pieces
Other
Main Floor
No
3
Main Floor
Yes
4
Title to Land:
Fee Simple
Community Features:
Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Ceiling Fan(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Red Deer County
Zoning:
RWV
Listed Date:
Aug 21, 2025
Days on Mkt:
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Virtual Tour

Listed by Royal LePage Network Realty Corp.
Data was last updated August 24, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
122
Avg list price:
$442,400
Min list price:
$139,900
Max list price:
$1,800,000
Avg days on market:
40
Min days on market:
1
Max days on market:
340
Avg price per sq.ft.:
$372.98
These statistics are generated based on the current listing's property type and located in Sylvan Lake. Average values are derived using median calculations. This data is not produced by the MLS® system.
PETE CHAPMAN
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.