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
Garages:
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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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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