Is Sylvan Lake actually a year-round community, or is it mostly a summer destination?

Sylvan Lake functions as a genuine four-season community for its nearly 18,000 permanent residents. The NexSource Centre runs year-round programming across twin arenas, curling, aquatics, and fitness. The trail system converts to snowshoe and ski routes in winter. The lake becomes a maintained skating surface. Eight outdoor skating rinks operate throughout the community. The CulinART Festival, Flannel and Feast Festival, and Snake Lake Brewing's live music nights anchor the off-season calendar.

What are home prices like in Sylvan Lake?

The average asking price across all home types in Sylvan Lake sits at approximately $506,000. Detached homes in premium neighbourhoods like Fox Run and Hewlett Park average around $569,000 and higher. Entry-level condos start in the low $200,000s. Newer master-planned communities including Sixty West, Iron Gate, and Grayhawk are actively under construction offering modern new builds at competitive prices.

How long is the commute from Sylvan Lake to Red Deer?

Twenty to twenty-five minutes east on Highway 11 or 11A. Red Deer is the primary employment centre for most Sylvan Lake residents, with nearly 1,900 people making this commute daily for work in oil and gas, healthcare, education, and retail. For Calgary commuters, the drive is approximately 90 minutes to two hours.

What neighbourhoods should I look at in Sylvan Lake?

For premium lakeside character, Fox Run, Hewlett Park, Palo, and the Cottage Area are the most sought-after, with Fox Run averaging around $569,000. For new construction, Sixty West is an award-winning master-planned community, with Iron Gate and Grayhawk actively under construction. For affordability, the downtown area offers the lowest average prices at around $296,000.

How are the schools in Sylvan Lake?

Six public schools within Chinook's Edge School Division and two Catholic schools through Red Deer Catholic Regional Schools serve most grades locally. The Government of Alberta has approved funding to plan two new high schools in Sylvan Lake — one public supporting approximately 975 students and one Catholic supporting approximately 300 — allowing students to complete their full K–12 education without leaving town.

Is Sylvan Lake growing? Is it a good long-term investment?

Sylvan Lake's population reached 17,897 in 2025, growing over 10 percent in five years. The town is exploring city status, two new high schools are approved and in provincial planning, new master-planned communities are under active construction, and one million annual visitors support a resilient local economy. Lakeside properties within 20 minutes of a city at this price point do not exist elsewhere in western Canada.

Why should I use Marc Miller to buy or sell in Sylvan Lake?

Sylvan Lake has 15 distinct neighbourhoods, active new construction in multiple communities, and a resale market that varies significantly between lakeside, trail-adjacent, and inland properties. Marc Miller brings hands-on market familiarity, a construction background that identifies what others miss, and a straight-talk approach that means buyers and sellers always know exactly where they stand.

5005 43 Street E in Sylvan Lake: Cottage Area Detached for sale : MLS®# A2329272

The COTTAGE AREA in Sylvan Lake! 1439 sf bungalow - 3 bedroom -2 bathroom home, is perfect for a fun seeking family, located just 1 block from the lake and within walking distance to restaurants, shopping, ice cream shops, and beach activities. The home has a spacious kitchen, open to the living room, and an additional family room with a wood burning stove. Enjoy your morning coffee on the front verandah or host a BBQ on the back deck. The property sits on 2 large 30' x 125' lots, offering plenty of space to park an RV, or boat beside the house. The detached 24. x 26' garage has parking for 1 vehicle, golf cart, and extra storage. An excellent opportunity for buyers looking to update and personalize a home in a great location.

General Info:

Property Type:: Residential

Property Sub Type:: Detached

Condo Type:: Not a Condo

Transaction Type:: For Sale

Possession:: Signup

Possession Date:: Signup

Suite:: No

Num Legal Suites:: 0

Num Illegal Suites:: 0

Home Style:: Bungalow

Total Living Area:: 1,439 sq. ft.134 m2

Main Level Finished Area:: 1,439 sq. ft.134 m2

Lower Level Finished Area:: Signup

Above Grade Finished Area:: Signup

Taxes:: Signup

Tax Assessed Value:: Signup

HOA Fee Includes:: Signup

Acreage:: No

Lot Area:: 7,500 sq. ft.697 m2

Lot Frontage:: 60'18.3 m

Lot Details:: 60 x 125

Acres Cleared:: Signup

Acres Cultivated:: Signup

Acres Irrigated:: Signup

Acres Leasehold:: Signup

Acres Not Cultivated:: Signup

Acres Freehold:: Signup

Acres Seeded:: Signup

Acres Tame Hay:: Signup

Acres Treed:: Signup

Acres Waste:: Signup

Acres Water Rights:: Signup

Front Exposure:: West

Reg. Size:: Signup

Reg. Size Includes:: Signup

Unit Exposure:: West

Floor Location:: Ground

Levels:: One

Total Rooms Above Grade:: 7

Year built:: 1987 (Age: 39)

Bedrooms:: 3 (Above Grd: 3)

Bedrooms Above Grade:: 3

Bedrooms On Main:: 3

Bedrooms Below Grade:: 0

Bathrooms:: 2.0 (Full:2, Half:0)

Num Ensuite Baths:: 0

Plan:: 2642AS

Additional Info:

Heating:: Forced Air, Natural Gas

Basement:: None

Foundation:: Other

New Constr.:: No

Construction Material:: Vinyl Siding

Structure Type:: House

Roof:: Asphalt Shingle

Ensuite:: No

Flooring:: Laminate, Tile

Cooling:: None

Fireplaces:: 1

Fireplace Details:: Family Room, Wood Burning Stove

Water Supply:: Public

Sewer:: Public Sewer

Garage:: Yes

Garage Spaces:: 1

Parking:: Alley Access, Boat, Double Garage Detached, RV Access/Parking

Parking Places:: 5

Parking Total/Covered:: 5 / -

Laundry Features:: Main Level

Community:

Cottage Area (Sylvan Lake)

Appliances:

Dishwasher, Electric Stove, Garage Control(s), Microwave, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings

Inclusions:

hot tub "as-is"

Restrictions:

None Known

Room Information:

Floor
Type
Size
Other

Main Floor

Living Room

13'6" × 11'6"

Main Floor

Dining Room

13'9" × 8'1"

Main Floor

Kitchen

13'7" × 11'10"

Main Floor

Laundry

8'4" × 8'

Main Floor

Family Room

14'1" × 11'7"

Main Floor

Bedroom

13'11" × 7'8"

Main Floor

Bedroom

13'10" × 8'

Main Floor

Bedroom - Primary

13'11" × 9'7"

Bathrooms:

Floor
Ensuite
Pieces
Other

Main Floor

4'11" x 7'11"

Main Floor

13'10" x 4'11"

Land Info:

Title to Land:: Fee Simple

Community Features:: Lake, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Interior Features:: No Smoking Home, Open Floorplan

Exterior Features:: BBQ gas line, Fire Pit

Patio And Porch Features:: Deck, Front Porch

Lot Features:: Back Lane, Few Trees, Low Maintenance Landscape, Standard Shaped Lot

Num. of Parcels:: 0

Fencing:: None

Region:: Red Deer County

Zoning:: RES. Single Family Home

Listing Info:

Listed Date:: Jul 14, 2026

Days on Mkt:: Signup

5005 43 Street E
Cottage Area Sylvan Lake T4S 1C1

$565,000
Residential beds: 3 baths: 2.0 1,439 sq. ft. built: 1987

Schedule a viewing:

5005 43 Street E Cottage Area Sylvan Lake T4S 1C1

$565,000 Residential beds: 3 baths: 2.0 1,439 sq. ft. built: 1987

Schedule a viewing:

5005 43 Street E
Cottage Area Sylvan Lake T4S 1C1

$565,000
Residential beds: 3 baths: 2.0 1,439 sq. ft. built: 1987