5008 41 ST Sylvan Lake, AB T4S 1B9
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,810 sqft
Price per Sqft $408
Subdivision Cottage Area
MLS® Listing ID A2205574
Style 2 Storey
Bedrooms 6
Full Baths 3
Half Baths 1
Year Built 1998
Lot Size 3,665 Sqft
Acres 0.08
Property Sub-Type Detached
Property Description
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.
Location
Province AB
County Red Deer County
Zoning R1
Direction E
Rooms
Basement Separate/Exterior Entry, Finished, Full
Interior
Interior Features Ceiling Fan(s), Closet Organizers, Kitchen Island
Heating In Floor, Forced Air
Cooling Full
Flooring Carpet, Hardwood, Tile
Fireplaces Number 1
Fireplaces Type Wood Burning Stove
Inclusions Hot Tub, Fire Place
Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Water Softener, Window Coverings
Laundry Laundry Room
Exterior
Exterior Feature Private Yard
Parking Features Double Garage Detached
Garage Spaces 2.0
Fence Fenced
Community Features Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby
Roof Type Asphalt
Porch Front Porch
Lot Frontage 30.36
Total Parking Spaces 4
Building
Lot Description Landscaped
Dwelling Type House
Foundation Poured Concrete
Architectural Style 2 Storey
Level or Stories Two
Structure Type Shingle Siding,Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 92471740
GET MORE INFORMATION
