ApartmentCA$210,000
Sylvan Lake
1 bd 1 ba 60 m²
Sylvan Lake, Alberta: Lake Town Houses for Sale Near Red Deer
212 homes and apartments for sale in Sylvan Lake, Canada.
Photo: Ruxan Mapili / Unsplash
Properties for sale in Sylvan Lake
24 properties shown
Apartment
HouseCA$409,900
Sylvan Lake
3 bd 4 ba 109 m²
HouseCA$325,900
Sylvan Lake
3 bd 3 ba 128 m²
HouseCA$244,900
Sylvan Lake
2 bd 2 ba 90 m²
HouseCA$239,900
Sylvan Lake
3 bd 2 ba 126 m²
ApartmentCA$139,900
Sylvan Lake
3 bd 1 ba 94 m²
HouseCA$1,850,000
Sylvan Lake
4 bd 7 ba 374 m²
HouseCA$635,900
Sylvan Lake
3 bd 3 ba 182 m²
HouseCA$589,000
Sylvan Lake
3 bd 3 ba 158 m²
HouseCA$314,900
Sylvan Lake
2 bd 3 ba 116 m²
HouseCA$589,999
Sylvan Lake
3 bd 3 ba 142 m²
HouseCA$369,900
Sylvan Lake
3 bd 3 ba 129 m²
HouseCA$725,000
Sylvan Lake
3 bd 3 ba 253 m²
ApartmentCA$212,900
Sylvan Lake
2 bd 2 ba 78 m²
ApartmentCA$331,848
Sylvan Lake
2 bd 1 ba 73 m²
HouseCA$679,990
Sylvan Lake
3 bd 4 ba 156 m²
HouseCA$610,000
Sylvan Lake
5 bd 4 ba 170 m²
HouseCA$395,000
Sylvan Lake
4 bd 4 ba 121 m²
HouseCA$418,900
Sylvan Lake
3 bd 3 ba 130 m²
HouseCA$254,900
Sylvan Lake
3 bd 2 ba 127 m²
HouseCA$549,900
Sylvan Lake
3 bd 3 ba 106 m²
HouseCA$225,000
Sylvan Lake
1 bd 1 ba 79 m²
ApartmentCA$315,000
Sylvan Lake
4 bd 2 ba 93 m²
ApartmentCA$476,700
Sylvan Lake
2 bd 2 ba 93 m²
Buyer's guide: Sylvan Lake
Sylvan Lake is Alberta's best-known summer lake town, and the homes for sale here are mostly family houses at prices well under those of Calgary or Edmonton. We list 211 properties, with a median asking price of €282,016 (euros).
Price snapshot
Prices are asking figures from current listings on RealEstateAbroad. The middle half spans €229,580 to €369,210, a narrow band that suggests a consistent stock of newer suburban houses. Median per square metre is €2,313 and the median home is 121 m².
| Measure | Sylvan Lake |
|---|---|
| Listings | 211 |
| Median asking price | €282,016 |
| Middle 50% of prices | €229,580 to €369,210 |
| Per m² | €2,313 |
| Median size | 121 m² |
What is on the market
Houses lead with 161 listings, then 28 apartments, 12 commercial units and 10 plots of land. Three-bedroom homes are the largest bedroom group at 76, followed by 40 four-bedroom, 27 with five or more, 19 two-bedroom and eight one-bedroom.
Compare with Canadian houses, apartments, commercial and land.
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Lake lifestyle and commuting
The town built its identity around the lake, a long boardwalk, beaches and marinas, and its population swells in summer. Many residents commute to Red Deer, about 25 kilometres east, or work in the energy and services sector. Winters are cold and the lake freezes, so it is more of a seasonal draw.
Nearby places are Red Deer, Blackfalds, Lacombe, Innisfail, Ponoka and Olds, all along the central Alberta corridor.
Rules for overseas buyers
Alberta does not charge a land transfer tax, only modest registration fees, and has no provincial foreign-buyer surcharge. The federal ban on foreign purchases of residential property is in force until 1 January 2027, with a replacement framework reported, so non-resident eligibility is the key question. Take advice from an Alberta lawyer.
See the Canada buying guide, financing and the Canada page. Our mortgage calculator helps compare scenarios.
Last updated 8 October 2026
Buying property in Sylvan Lake: FAQ
Is Sylvan Lake a year-round town?
Yes, many residents live there all year and commute. Summers are busy and winters quiet.
Can I rent my house to summer visitors?
Local bylaws govern short-term rentals. Confirm with the town before relying on that income.
How far is Sylvan Lake from Calgary and Edmonton?
It sits on the central Alberta corridor, roughly midway between the two cities on a drive of a couple of hours. Red Deer is much closer.
Does Alberta tax foreign buyers?
There is no provincial foreign-buyer tax, but the federal ban applies for now. Confirm status before offering.
Are lakefront homes priced differently?
Lakefront and lake-view properties usually ask more than the typical suburban houses that dominate the listing sample.
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