tel: 403-352-5019

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»Sylvan Lake, Red Deer, Blackfalds, Lacombe & Area

 
Data Last Updated July 22, 2026, 6:25 am

 
Courtesy of RE/MAX real estate central alberta
Panorama Estates 2 Storey
Bedrooms 3 Bathrooms 1 Parking 1
No Floor Plan Available
$319,900
MLS® #:  A2323845
Address:  5542 Prairie Ridge Avenue
Size: 1,292 sq. ft.
Days On Website:  ACCESS Days on Website

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Descriptions:

This well maintained 2 storey townhome is an excellent opportunity for investors, offering a tenant already in place with a lease secured through June 2027. Situated close to shopping, restaurants, schools, across the street from a park, and steps to walking trails and other everyday amenities, this property is located in a convenient, family friendly location and is a great addition to any investment portfolio. Step inside to a bright and functional main floor featuring a spacious front living room that flows through to the kitchen and dining areas. The kitchen offers oak cabinetry, plenty of counter space, a pantry, and an eating bar for casual meals or entertaining. The adjoining dining area provides access to the rear deck and fully fenced backyard, while a convenient 2 pce powder room completes the main level. Upstairs you'll find three bedrooms, including a spacious primary suite with a walk-in closet, while two additional bedrooms share the well appointed 4 pce bathroom. The unfinished basement offers excellent potential for future development, with room to add additional living space, a bedroom, or family room if desired. Outside, the fully fenced backyard offers plenty of green space along with a raised deck for outdoor enjoyment. A large swing gate at the rear fence provides access to a designated RV or boat parking area, offering added flexibility, and the attached garage and front driveway provide ample off street parking. Whether you're looking to add to your investment portfolio or purchase a property with a tenant already in place, this is an excellent turn key opportunity! Current lease is $1695/mo and tenant pays all utilities.

Status: Active
Features: Private Entrance, Private Yard, Breakfast Bar, Closet Organizers, Laminate Counters, Open Floorplan, Pantry, Separate Entrance, Storage, Track Lighting, Vinyl Windows, Walk-In Closet(s), Back Lane, Back Yard, Front Yard, Interior Lot, Low Maintenance Landscape, Rectangular Lot
Includes: N/A
Site Influences:
Back Lane, Back Yard, Front Yard, Interior Lot, Low Maintenance Landscape, Rectangular Lot
Location & Listing Info:
Zoning: R2
Neighbourhood: Panorama Estates
Nearest Town: Blackfalds
Lot Size: 2,363.00 sq.ft.
Property Info:
Property Type: Row/Townhouse
Home Style: 2 Storey
Year Built: 2009
Total Floor Area: 1,292 sq. ft.
Brokerage: RE/MAX real estate central alberta
Exterior:
Exterior: Concrete, Stone, Vinyl Siding, Wood Frame
Roof: Asphalt Shingle
Financial & Possession:
Rooms:
Total Bedrooms: 3  (Bedrooms Above: 0)
Bathrooms: Full: 1 / Half or Ensuite: 1
Additional Info:
Basement: Poured Concrete
Floor Finish: Carpet, Linoleum
Parking: Concrete Driveway, Garage Faces Front, Off Street, Single Garage Attached
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Property History
For viewing call 403-352-5019
Contact Stephan Trudel -
4505 50 Ave unit 103, Sylvan Lake, Alberta, T4S 1W2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.

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