Real estate on your terms®
$739,900
active
5008 41 Street
Sylvan Lake
,
AB
T4S1B9
Key Details
- MLS® Number:
- A2285838
- Community:
- Cottage Area
- Building Type:
- House
- Interior Size:
- 1810 square feet
- Bedrooms:
- 6
- Parking:
- 4
- Parking Features:
- Detached Garage
- Lot Size:
- 340.49 square meters
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:53430)
Building
- Property Type:
- House
- Building Type:
- House
- Year Built:
- 1998
- Stories:
- 2.0
- Bedrooms:
- 6
- Bathrooms (total):
- 4.5 (1 half)
- Basement:
- Finished, Full, Separate entrance, Suite
Finished Areas
- Interior Size (Total):
- 1810 square feet
- Above Grade:
- 1810 square feet
Interior
- Flooring:
- Tile, Hardwood, Carpeted
- Appliances:
- Refrigerator, Water softener, Dishwasher, Stove, Window Coverings, Washer & Dryer
Parking
- Spaces:
- 4
- Features:
- Detached Garage
Lot / Land
- Lot Size:
- 340.49 square meters
- Frontage:
- 9.25 meters
- Lot Features:
- Back lane, Closet Organizers
Exterior
- Exterior Features:
- Vinyl siding, Shingles
- Construction:
- Wood frame
- Foundation:
- Poured Concrete
- Fencing:
- Fence
Utilities & Mechanical
- Heating:
- Forced air, In Floor Heating
- Cooling:
- Fully air conditioned
Comfort & Security
- Fireplace(s):
- 1
Fees & Dates
- Property Taxes:
- $5,593
- Tax Year:
- 2025
- Last Modified:
- 02/12/2026 02:45:11 AM
- Status Change:
- 02/12/2026 02:42:26 AM
Association / Ownership
- Common Interest:
- Freehold
Room Dimensions
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Second level | 13.00 Ft x 13.00 Ft |
| 4pc Bathroom | Second level | .00 Ft x .00 Ft |
| Bedroom | Second level | 36.09 Ft x 29.53 Ft |
| Laundry room | Second level | 10.00 Ft x 7.00 Ft |
| Bedroom | Basement | 11.00 Ft x 10.00 Ft |
| 2pc Bathroom | Main level | .00 Ft x .00 Ft |
| 3pc Bathroom | Unknown | .00 Ft x .00 Ft |
| Bedroom | Second level | 11.00 Ft x 10.00 Ft |
| Bedroom | Second level | 11.00 Ft x 12.00 Ft |
| Bedroom | Basement | 11.00 Ft x 10.00 Ft |
| 4pc Bathroom | Basement | .00 Ft x .00 Ft |
| Laundry room | Basement | .00 Ft x .00 Ft |
Location
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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
