$199,900
312, 5135 Lakeshore DriveDowntown, Sylvan Lake, AB T4S 1E2
- 1 bed
- 1 bath
- 745 sq ft
- Apartment
Listing courtesy of CIR Realty · MLS® A2330100
About this home
Whether you're looking for your first home, an investment property, or an affordable place just steps from Sylvan Lake's waterfront, this Lakeshore Drive condo is worth a look. This one bedroom plus den apartment offers a functional layout with plenty of flexibility for a home office, guest room, or hobby space. Enjoy your morning coffee or unwind at the end of the day from one of two private balconies, giving you extra outdoor space to take advantage of the lake lifestyle. The assigned parking stall adds convenience, while the unbeatable location puts the beach, restaurants, shopping, and everything downtown Sylvan Lake has to offer just outside your door. Affordable opportunities in this location don't come along often. Whether you're looking to get into the market or expand your investment portfolio, this condo offers exceptional value in the heart of Sylvan Lake.
Key facts
- Type
- Apartment
- Style
- Apartment-Single Level Unit
- Year built
- 1992
- Living area
- 745 sq ft
- Bedrooms
- 1
- Bathrooms
- 1 full
- Parking
- Alley Access, 1 spaces total
- Condo / HOA fee
- $646 monthly
- Price per sq ft
- $268
- Days on market
- 87
- Listed
- July 17, 2026
- Community
- Downtown
- Municipality
- Red Deer County
Features
Interior
- Features
- Ceiling Fan(s)
- Appliances
- See Remarks
- Flooring
- Tile, Vinyl
- Heating
- Baseboard, Electric
- Laundry
- In Unit
- Included
- Stove, Fridge, Dishwasher, Washer, Dryer
Suite
- Suite
- No
Building
- Structure
- Low Rise (2-4 stories)
- Levels
- Single Level Unit
- Storeys
- 3
- Shared walls
- 2+ Common Walls
- Construction
- Stucco
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Building name
- Z-name Not Listed
- Floor
- Other
- Unit faces
- SW
Exterior & lot
- Patio / porch
- Balcony(s)
- Front faces
- SW
- Zoning
- W-DC
Parking
- Total parking
- 1
- Details
- Alley Access, Assigned, Covered, Parkade
Condo / HOA
- Fee
- $646 monthly
- Fee includes
- Heat, Insurance, Maintenance Grounds, Reserve Fund Contributions, Sewer, Trash, Water
- Amenities
- Trash
- Pets
- Restrictions
- Restrictions
- None Known
- Ownership
- Conventional Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Lake
Rooms
| Room | Level | Size |
|---|---|---|
| 4pc Bathroom | Main | 8'1" x 5'0" |
| Den | Main | 11'1" x 8'8" |
| Dining Room | Main | 7'1" x 9'1" |
| Kitchen | Main | 8'2" x 8'3" |
| Living Room | Main | 12'6" x 13'10" |
| Bedroom - Primary | Main | 11'7" x 14'4" |
Location
Monthly cost estimate
- Mortgage $938
- Condo / HOA fee $646
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $9,995.
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Listing data disclaimer
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Listing last updated: Jul 17, 2026, 11:40 a.m.