5008 41 Street, Sylvan Lake

2026-02-12
 

Quick Summary

Location
5008 41 Street, Sylvan Lake, Alberta T4S1B9
Price
$739,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1810 sqft
Bedrooms:
4 bed +2
Bathrooms:
4
Year of Construction:
1998

MLS®#A2285838

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Playground, Schools, Shopping, Water Nearby

Building

  • Appliances: Refrigerator, Water softener, Dishwasher, Stove, Window Coverings, Washer & Dryer
  • Basement Development: Finished
  • Basement Features: Separate entrance, Suite
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: Fully air conditioned
  • Exterior Finish: Shingles, Vinyl siding
  • Fireplace: Yes
  • Flooring Type: Carpeted, Hardwood, Tile
  • Interior Size: 1810 sqft
  • Building Type: House
  • Stories: 2

Features

  • Feature: Back lane, Closet Organizers

Land

  • Land Size: 340.49 m2|0-4,050 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R1

Information entered by eXp Realty
Listing information last updated on: 2026-02-12 02:42:26


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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