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Royal LePage
Royal LePage
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$739,900

4+2 Beds

4 Baths

1810 FEETSQ

QuickQuoteTM: $615K - $749K

Sylvan Lake AB, T4S 1B9

MLS® # A2205574

Property Information:

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.

Inclusions: Hot Tub, Fire Place

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 1810.00

Property Features:

  • Bedrooms: 4+2
  • Bathrooms: 3+1
  • Architectural Style: 2 Storey
  • Built in: 1998
  • Construction Materials: Shingle Siding, Vinyl Siding, Wood Frame
  • Cooling: Full
  • Exterior Features: Private Yard
  • Fireplace Features: Wood Burning Stove
  • Floor Space (approx): 1810.00 Square Feet
  • Flooring: Carpet, Hardwood, Tile
  • Foundation Details: Poured Concrete
  • Heating: In Floor, Forced Air
  • Interior Features: Ceiling Fan(s), Closet Organizers, Kitchen Island
  • Levels: Two
  • Lot Size: 3665.00 Square Feet
  • Parking Features: Double Garage Detached
  • Roof: Asphalt
  • Zoning: R1
  • No. of Parking Spaces: 4

Courtesy of: Concept Realty Group Inc.

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 5008 41 Street, Sylvan Lake, AB, T4S 1B9

Demographic Information of 5008 41 Street, Sylvan Lake, AB, T4S 1B9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$133,221.28

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.4 %

High school certificate or equivalent

39.39 %

Apprenticeship trade certificate/diploma

14.14 %

College/non-university certificate

19.29 %

University Degree

13.79 %

Commuter

Travel To Work

By Car

92.36 %

By Public Transit

0.0 %

By Walking

2.59 %

By Bicycle

0.0 %

By Other Methods

5.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.61 %

Houses

92.39 %

Own Vs. Rent

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