For Sale

5008, 41 Street, Alberta, Sylvan Lake

6 Beds 3 Bath 1810 Sqft

$739,900

About Property

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.

6 Bedrooms
3 Bathrooms
1810 sq ft
Garage
SingleFamilyResidence
Built 1998
Active
2 Floor
Interior Details
  • Ceiling Fan(s)
  • Closet Organizers
  • Kitchen Island
Outdoor Details
  • Private Yard
MLS Number
238476743
Price
$739,900

Bedrooms
6
Bathroom
3

Square Footage
1810 sq ft
Property Type
RES

Community Name
Features
In Floor,Forced Air, Laundry Room

Parking Space Total
Lot Size
Bathroom Total
4
Bedrooms Total
6

Appliances
Shingle Siding,Vinyl Siding,Wood Frame
Cooling Type
Full

Constructed Date
1998
Heating Type
In Floor,Forced Air

Pool
Exterior Finish
2 Storey

Fireplace Present
Yes
Fireplace Total
1

Flooring Type
Carpet,Hardwood,Tile
Foundation Type
Poured Concrete

Half Bath Total
1
Stories Total
2

Size Interior
1810
Total Finished Area
1810
Spaces

Details
Double Garage Detached
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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