Dedication | Focus | Loyalty
Active
$739,900
5008 41 Street
Cottage Area, Sylvan Lake
MLS® #A2285838
- 6 Beds
- 4 Baths
- 1,810 Sqft
- 340 square meters
- Built 1998
- Single Family
- ✓ 4+ Parking Spaces
- ✓ Air Conditioning
- ✓ Real Lot Size Listed
Welcome to 5008 41 Street in Sylvan Lake, a beautifully designed 6-bedroom, 3.5-bath home just steps from the beach, walking trails, and all the best of lake life. Whether you’re seeking a full-time residence, a vacation retreat, or a smart investment property, this home delivers on all fronts. The bright, open-concept main floor features beautiful hardwood and tile flooring throughout, with a spacious kitchen anchored by a large central island — ideal for cooking, hosting, and gathering. Upstairs, you’ll find the primary bedroom with a private 3-piece ensuite, plus three more generous bedrooms and a full laundry room. The fully finished basement offers two additional bedrooms, a full bathroom, second laundry area, and a private exterior entrance. To date, all primary rental income has come from the upper level only, which has been successfully used for both short-term (Airbnb) and long-term rentals. The basement remains mostly unused, aside from one room that is currently being rented for storage. Outside, enjoy your private hot tub — a huge draw for guests and a perfect way to relax year-round. Additional features include, central vacuum roughed in, double detached garage which is currently being rented out for $450/month. The basement storage room is also being rented out at $275/month. 2023/2024 Rental Revenue for Airbnb is $48,212.29 – long term rental $24,450 – Garage Rental $5400/year & Storage room rental in the basement $3300/year. The total gross income is approximately $81,362.29 annually. (id:66619)
Features
Interior
6 bedrooms, 4 bathrooms, 1,810 sqft
Lot
340 square meters
Parking
4 spaces
Heating
Forced air, In Floor Heating
Cooling
Fully air conditioned
Year Built
1998
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
Estimate Your Payment
Sylvan Lake Mortgage Payment Calculator
Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Similar Listings
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.