Active

COTTAGE AREA

3417 Lakeshore Drive , Sylvan Lake, AB

$1,750,000

Residential · MLS® A2257255
4Bedrooms
6Bathrooms
2,044Sq Ft
2Garage
2021Year Built
02 / Overview

PROPERTY OVERVIEW

Step into unparalleled lakeside elegance with this architecturally stunning, custom-built 2021 modern bungalow nestled on prestigious Lakeshore Drive in Sylvan Lake’s coveted Cottage Area. This 2,044 sq. ft. Fully developed masterpiece (on a spacious 5,662 sq. ft. lot) blends cutting-edge contemporary design with high-end finishes, delivering the ultimate in sophisticated lakeside living. With 4 bedrooms (including a main-floor master), 6 bathrooms (3 ensuites), and seamless indoor-outdoor flow, every detail has been meticulously crafted for comfort, entertaining, and effortless enjoyment of...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,044 sq ft
Lot Size5,839 sq ft
ZoningR5
HeatingIn Floor • Fireplace(s) • Forced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorBalcony • BBQ gas line • Boat Slip • Built-in Barbecue • Gas Grill • Lighting • Permeable Paving • Private Entrance • Rain Gutters
BasementFull
Year Built2021
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$4,021After mortgage & expenses
Cap Rate1.7%Based on market rents
Cash on Cash Return-13.8%With 20% down payment
Est. Monthly Rent$3,777Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

COTTAGE AREA

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Investment ScoreN/A
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Listed by Andrew McWilliam · Maxwell Real Estate Solutions Ltd.