5008 41 Street, Sylvan Lake, AB T4S1B9
5008 41 Street, Sylvan Lake, AB T4S1B9
5008 41 Street, Sylvan Lake, AB T4S1B9
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Prab Bhangal

Prab Bhangal

+1(403) 402-0242
$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 Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1810

Square Footage 1,810 sqft

Price per Sqft $408

Subdivision Cottage Area

MLS® Listing ID A2285838

Bedrooms 6

Half Baths 1

Year Built 1998

Lot Size 3,665 Sqft

Acres 0.08413691

Property Sub-Type Freehold

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. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Second level 13.00 Ft x 13.00 Ft Primary Bedroom

Extra Room 2 Second level .00 Ft x .00 Ft 4pc Bathroom

Extra Room 3 Second level 29.53 Ft x 36.09 Ft Bedroom

Extra Room 4 Second level 7.00 Ft x 10.00 Ft Laundry room

Extra Room 5 Second level 10.00 Ft x 11.00 Ft Bedroom

Extra Room 6 Second level 12.00 Ft x 11.00 Ft Bedroom

Interior

Heating Forced air, In Floor Heating

Cooling Fully air conditioned

Flooring Carpeted, Hardwood, Tile

Fireplaces Number 1

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

Community Features Golf Course Development, Lake Privileges

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Story 2

Others

Ownership Freehold

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Listed by eXp Realty
Prab Bhangal

Prab Bhangal

Real Estate Strategist

+1(403) 402-0242

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5008 41 Street