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5010 53 Street
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Beds
3
Baths
2
Sqft
851
Year
1960
Type
Single Family
On market
12d
Beautifully renovated and full of charm, this stylish bungalow in Downtown Sylvan Lake offers the perfect blend of comfort, character, and unbeatable location. Just a short stroll from the lake, marina, restaurants, and all the energy of downtown, this is the kind of home where summer memories are made, beach days with family, evenings around the firepit, and sunsets enjoyed from your own private backyard retreat. Situated on an oversized, mature lot backing directly onto an 18-hole golf course, this property offers exceptional privacy and a peaceful setting surrounded by trees and nature. Designed for both relaxing and entertaining, the home features incredible outdoor living spaces with expansive decks at both the front (16 x 12), and back , of the home, perfect for morning coffee, hosting friends, summer BBQs, or unwinding under the evening sky. Inside, the bright open-concept layout is warm, inviting, and flooded with natural light from an oversized window. Thoughtful renovations throughout include updated flooring, fresh paint, roof redone (2021), new windows, modern lighting, renovated bathrooms, and brand-new stainless steel kitchen appliances. The cozy living room flows seamlessly into the beautifully updated kitchen, complete with modern finishes, ample cabinetry, and a functional layout built for gathering and entertaining. The main floor offers two spacious bedrooms and a beautifully finished 3-piece bathroom. Downstairs, the fully developed lower level provides even more room to enjoy with a large family room, an additional generously sized bedroom, a second 4-piece bathroom, convenient laundry area, and a spacious utility/storage room perfect for hobbies, tools, and extra storage. Adding even more value and peace of mind, the home also features a newer hot water tank (2018), and a furnace that is only one year old (2025). Step outside and fall in love with the massive fully fenced yard offering endless possibilities, including RV parking, future garage development, and convenient back lane access. Mature trees, firepit, shed, a greenhouse and the newly painted multi-level back deck (20 x 10/20 x 12), create the ultimate outdoor oasis for entertaining and enjoying everything Sylvan Lake living has to offer. Move-in ready and loaded with upgrades, this rare property combines lifestyle, location, and opportunity in one of Sylvan Lake’s most sought-after neighbourhoods. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Workshop | 7.50 Ft x 13.83 Ft | |
| Furnace | 4.00 Ft x 4.25 Ft | |
| Storage | 5.17 Ft x 2.83 Ft | |
| 4pc Bathroom | 5.00 Ft x 11.67 Ft | |
| Bedroom | 14.25 Ft x 9.17 Ft | |
| Recreational, Games room | 19.00 Ft x 22.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 2.00 Ft x 3.92 Ft | |
| 3pc Bathroom | 7.00 Ft x 4.42 Ft | |
| Bedroom | 10.67 Ft x 8.00 Ft | |
| Other | 2.42 Ft x 1.75 Ft | |
| Other | 2.00 Ft x 3.67 Ft | |
| Primary Bedroom | 10.25 Ft x 13.00 Ft | |
| Hall | 3.25 Ft x 4.67 Ft | |
| Hall | 3.42 Ft x 4.67 Ft | |
| Kitchen | 10.67 Ft x 16.17 Ft | |
| Living room | 12.50 Ft x 20.08 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 1, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sylvan Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.