Welcome to Sylvan Lake
Sylvan Lake, Alberta is a vibrant and fast-growing community located in the heart of Central Alberta.
Known for its stunning lake, Sylvan Lake offers a high standard of living with its beautiful landscapes, recreational activities, and a thriving economy. The town's real estate market is diverse, offering a mix of residential properties ranging from single-family homes, condominiums, to luxury lakefront properties.
Featured Sylvan Lake Properties
View all listings
A neighbourhood for everyone.
The town's real estate market has seen significant growth over the years, making it an attractive destination for both investors and homebuyers. The growing economy has resulted in increased demand for both residential and commercial properties. The town offers a variety of real estate opportunities, catering to different budget ranges and lifestyle preferences. The average price for residential homes in Sylvan Lake is quite reasonable compared to other Alberta cities, making it a great place for first-time homebuyers or those looking to invest.
Sylvan Lake is not just about the stunning lake and the beautiful homes. The town boasts a high quality of life with its excellent amenities, including top-notch schools, healthcare facilities, shopping centers, and recreational facilities. The town has a strong sense of community, offering numerous events and festivals throughout the year for residents to enjoy.
Market Insights
Market Activity
216
Active listings
Average Price
$483,227
Across active sale listings
Avg. Days on Market
58
Days, across active sale listings
Popular Types
House
Most common listing type
Demographic & Community Profile
Discover the people, lifestyles, and community dynamics that make Sylvan Lake unique.
Total Population
20,586
Residents
Affordability Score
60%
Based on income-to-housing cost ratio
Age Distribution
Population breakdown by age group
0–14
15–24
25–44
45–64
65+
Median Household Income
$96,000
Median rent $1,360/mo
Homeownership
Owner vs Renter distribution
Income Distribution
Household income brackets
Under $40k
$40k–$79k
$80k–$99k
$100k–$149k
$150k+
Household Composition
How households are structured
One-person
Couples
Multigenerational
Education
Highest certification attained
Bachelor's or higher
Post-secondary
High school
No certificate
Frequently Asked Questions
Is Sylvan Lake a good place to live?
Sylvan Lake offers a balanced lifestyle with strong community amenities, diverse housing options, and convenient access to essential services. The area attracts families, young professionals, and retirees seeking quality of life.
What are the best neighbourhoods in Sylvan Lake?
Sylvan Lake has diverse neighbourhoods suited to different lifestyles — family-friendly communities with top schools, walkable urban cores with amenities, and quieter residential streets. The best choice depends on your priorities like commute, lifestyle, and budget.
How much do homes cost in Sylvan Lake?
The average home price in Sylvan Lake is $483,227. Prices range significantly by neighbourhood and property type, from affordable condos to luxury detached homes.
How competitive is the housing market in Sylvan Lake?
Market competitiveness varies by season and inventory. There are currently 216 active listings. During high-demand periods properties may receive multiple offers — a local Sutton agent helps you navigate conditions.
How is commuting and transit in Sylvan Lake?
Sylvan Lake offers various transportation options including public transit, major highways, and cycling infrastructure. Commute times vary by neighbourhood, and many residents benefit from walkable areas with local amenities.