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Chris Forsyth

chrisforsyth@reddeerhouses.ca +1(403) 391-8141

$739,900

Est. payment - /mo

6 Beds

4 Baths

1,810 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1810.0

Square Footage 1,810 sqft

Price per Sqft $408

Subdivision Cottage Area

MLS Listing ID A2285838

Style 2 Storey

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1998

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Detached

Property Description

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.

Location

Province AB

Community Golf, Lake, Playground, Schools Nearby, Shopping Nearby

Zoning R1

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Separate/Exterior Entry, Full, Finished

Guest Accommodations Basement

Interior

Interior Features Ceiling Fan(s), Closet Organizers, Kitchen Island

Heating In Floor, Forced Air

Cooling Full

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Wood Burning Stove

Inclusions Hot Tub, Fire Place

Fireplace Yes

Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Water Softener, Window Coverings

Laundry Laundry Room

Exterior

Exterior Feature Private Yard

Parking Features Double Garage Detached

Garage Spaces 2.0

Fence Fenced

Community Features Golf, Lake, Playground, Schools Nearby, Shopping Nearby

Roof Type Asphalt

Porch Front Porch

Total Parking Spaces 4

Garage Yes

Building

Lot Description Back Lane, Back Yard, Landscaped

Dwelling Type House

Faces E

Story Two

Foundation Poured Concrete

Architectural Style 2 Storey

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories Two

New Construction No

Others

Restrictions None Known

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Listed by eXp Realty

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Chris Forsyth

+1(403) 391-8141

REALTOR®

5008 41 ST Sylvan Lake, AB T4S1B9

Chris Forsyth

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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