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Descriptions:
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.
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| Site Influences: |
| Landscaped |
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| Location & Listing Info: |
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| Neighbourhood: |
Cottage Area
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| Nearest Town: |
Sylvan Lake |
| Lot Size: |
3,665.00
sq.ft.
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| Property Info: |
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| Property Type: |
Detached |
| Home Style: |
2 Storey |
| Year Built: |
1998 |
| Total Floor Area: |
1,810 sq. ft. |
| Brokerage: |
Concept Realty Group Inc. |
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| Exterior: |
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| Exterior: |
Shingle Siding, Vinyl Siding, Wood Frame |
| Roof: |
Asphalt |
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| Rooms: |
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| Total Bedrooms: |
6
(Bedrooms Above: 0)
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| Bathrooms: |
Full: 3
/ Half or Ensuite: 1
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| Additional Info: |
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| Basement: |
Poured Concrete |
| Floor Finish: |
Carpet, Hardwood, Tile |
| Parking: |
Double Garage Detached |
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