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5111 47 Avenue
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Beds
2
Baths
2
Sqft
736
Year
1944
Type
Single Family
On market
106d
Located in a Prime Area of Sylvan Lake, this home offers Quick and Easy Access to The Lake / Shopping / Downtown Amenities / and all Major Entry Points to Sylvan Lake / while backing onto a Natural Treed Greenspace plus a Beautiful Park to the West of the property that gives you the feeling of Country Living Right In Town. This property has seen many upgrades over the past 20 months, including electrical upgraded to 100 amps by Townsend Electrical / plumbing upgraded to PLEX , a new hot water tank was installed by Fonda’s Plumbing / a new 10’ x 16’ shed / 6 ft high chain-link fencing along the full side of the house / a 12’ x 14’ all-season hard-top gazebo installed on a concrete patio / an extra-large freshly graveled parking area / a newer dryer within the last year / the balance of appliances newer wtihin the last two years. Ideal as a starter home / retirement property / or Airbnb investment. If you added a second floor to this home, you could have a view of the Lake! OR remove the house and build your Dream Home. You could purchase as a Group and use it as your destination retreat to embrace what The Lake has to offer in all 4 Seasons. There is the possibility of purchasing pieces of furniture or all the furniture to be included. Easy to show! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.08 Ft x 6.33 Ft | |
| Bedroom | 14.00 Ft x 20.17 Ft | |
| Laundry room | 9.33 Ft x 6.25 Ft | |
| Furnace | 7.33 Ft x 7.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 13.67 Ft x 12.58 Ft | |
| Dining room | 6.00 Ft x 13.00 Ft | |
| Den | 5.00 Ft x 8.08 Ft | |
| Living room | 14.42 Ft x 10.58 Ft | |
| Foyer | 7.08 Ft x 3.67 Ft | |
| Primary Bedroom | 10.00 Ft x 11.67 Ft | |
| 4pc Bathroom | 6.00 Ft x 7.00 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 2, 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.