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.
Address
5008 41 Street
List Price
$739,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
2 Storey
Area
Sylvan Lake
Sub-Area
Cottage Area
Bedrooms
6
Bathrooms
4
Floor Area
1,810 Sq. Ft.
Lot Size
3665 Sq. Ft.
Year Built
1998
MLS® Number
A2205574
Listing Brokerage
Concept Realty Group Inc.
Basement Area
Separate/Exterior Entry, Finished, Full
Postal Code
T4S 1B9
Zoning
R1
Site Influences
Golf, Lake, Landscaped, Schools Nearby, Shopping Nearby, Park, Playground
The data included in this display is deemed reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association. The real estate listing information and related content displayed on this site is provided exclusively for consumers. personal, non-commercial use and, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate.
