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Home AB Sylvan Lake Division No. 8
5008 41 Street
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5008 41 Street $739,900
$739,900
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5008 41 Street
Sylvan Lake, Alberta T4S1B9

MLS® Number: A2205574
4 + 2
Bedrooms
4
Bathrooms
1810
Square Feet

Listing 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. (30335917)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1810 sqft
Community Name
Cottage Area
Subdivision Name
Cottage Area
Title
Freehold
Land Size
3665 sqft|0-4,050 sqft
Built in
1998
Annual Property Taxes
$4,758
Parking Type
Detached Garage (2)
Time on REALTOR.ca
257 days

Building

Bedrooms
Above Grade
4
Below Grade
2
Bathrooms
Total
4
Partial
1
Interior Features
Appliances Included
Refrigerator, Water softener, Dishwasher, Stove, Window Coverings, Washer & Dryer
Flooring
Carpeted, Hardwood, Tile
Basement Features
Separate entrance
Basement Type
Full (Finished)
Building Features
Features
Closet Organizers
Foundation Type
Poured Concrete
Style
Detached
Construction Material
Wood frame
Heating & Cooling
Cooling
Fully air conditioned
Fireplace
1
Heating Type
Forced air, In Floor Heating
Exterior Features
Exterior Finish
Shingles, Vinyl siding
Neighbourhood Features
Community Features
Golf Course Development, Lake Privileges
Amenities Nearby
Golf Course, Park, Playground, Schools, Shopping, Water Nearby
Parking
Parking Type
Detached Garage (2)
Total Parking Spaces
4

Measurements

Square Footage
1810 sqft
Total Finished Area
1810 sqft

Rooms

MetricImperial
Main level
2pc Bathroom
Second level
Primary Bedroom
4pc Bathroom
Bedroom
Bedroom
Bedroom
Laundry room
Basement
Bedroom
Bedroom
4pc Bathroom
Laundry room
Unknown
3pc Bathroom

Land

Lot Features
Fencing
Fence
Frontage
9.25 m
Land Depth
38.09 m
Landscape Features
Landscaped
Other Property Information
Zoning Description
R1
Data provided by: Pillar 9™
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