For sale29$529,900
29 Ian Way
3 bed3 bath1,614 sq ft
HouseMLS® A2346459
Alberta · Local guide
Sylvan Lake Real Estate
Sylvan Lake is one of central Alberta's most popular lake resort towns, on the shore of its namesake lake just west of Red Deer. Beyond the busy summer waterfront, it has become a year-round community with lakeside properties, established homes and newer subdivisions.
On the market now
View all 177 →Current Sylvan Lake listings
For sale29
Market snapshot
The Sylvan Lake market right now
Sylvan Lake currently has 177 active listings. Most homes for sale are priced between $198K and $750K, with a median around $430K. Detached houses make up the largest share of the market.
- 177
- Active listings
- 177
- For sale
- $430K
- Median list price
- $198K–$750K
- Typical range
- $368
- Median price / sq ft
- 72
- Median days listed
- 11
- New in last 7 days
- 2007
- Median year built
Sylvan Lake prices by bedrooms
| Bedrooms | Active listings | Median asking price |
|---|---|---|
| 1 | 7 | $200K |
| 2 | 23 | $375K |
| 3 | 51 | $400K |
| 4+ | 56 | $537K |
Figures reflect current active MLS® listings and update as the market moves.
Search by property type
Homes for sale in Sylvan Lake
Sylvan Lake Homes for Sale
Browse Sylvan Lake homes on the live MLS® feed, filterable by price and more.
Browse →Sylvan Lake Condos for Sale
Browse Sylvan Lake condos on the live MLS® feed, filterable by price and more.
Browse →Sylvan Lake Townhomes for Sale
Browse Sylvan Lake townhomes on the live MLS® feed, filterable by price and more.
Browse →Sylvan Lake Houses for Sale
Browse Sylvan Lake houses on the live MLS® feed, filterable by price and more.
Browse →Sylvan Lake Waterfront Homes for Sale
Browse Sylvan Lake waterfront on the live MLS® feed, filterable by price and more.
Browse →Buying a home in Sylvan Lake
In Alberta, ask the seller for a current Real Property Report (RPR) with the municipality's compliance stamp — it confirms the house, garage and fences sit where they should. A home inspection and a review of the title for caveats round out the standard conditions.
Alberta has no land transfer tax — buyers pay land titles registration fees instead, which makes closing costs noticeably lower than in BC or Ontario. See our BC & Alberta closing costs checklist.
Common questions
Buying in Sylvan Lake
If yours isn't here, ask us directly — we'd rather answer it now.
How much does a home cost in Sylvan Lake?
The median asking price for homes currently for sale in Sylvan Lake is about $430,000, and most are listed between $198,000 and $750,000. These figures come from active MLS® listings and move with the market.
How many homes are for sale in Sylvan Lake right now?
There are 177 active listings on this page's search, 11 of them new in the last 7 days. Listings are updated continuously from the MLS®.
How much is a 3-bedroom home in Sylvan Lake?
Median asking prices by bedroom count in Sylvan Lake right now — 1 bedroom: about $200,000; 2 bedrooms: about $375,000; 3 bedrooms: about $400,000; 4+ bedrooms: about $537,000. Based on 137 active listings.
What is the price per square foot for homes in Sylvan Lake?
The median asking price per square foot of living area is about $368 across homes currently listed in Sylvan Lake. Location, age and building type move this a lot, so compare within a neighbourhood.
How long have homes in Sylvan Lake been on the market?
The typical active listing here first came on the market about 72 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.
Can non-Canadians buy a home in Sylvan Lake?
Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.
Ready to see Sylvan Lake in person?
Tell us your timeline and budget and we'll line up viewings that actually fit.