01 / Property Detail
DOWNTOWN
5032 47 Street , Sylvan Lake, AB
$369,900
Residential · MLS® A22725393Bedrooms
4Bathrooms
1,406.29Sq Ft
1Garage
2004Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this beautifully maintained half duplex, ideally located just a short stroll from the water in the heart of Sylvan Lake’s vibrant downtown. Whether you’re searching for a full-time residence, a weekend escape, or a savvy investment, this property checks all the boxes in one of Central Alberta’s most sought-after lake communities.
The main level offers a bright, open-concept layout filled with natural light from large windows. A cozy gas fireplace anchors the living room, while the kitchen and dining...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,406.29 sq ft
Lot Size2,027 sq ft
ZoningRC2
HeatingForced Air • Natural Gas
CoolingNone
ParkingDriveway • Single Garage Attached
ExteriorNone
BasementFull
Year Built2004
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$972After mortgage & expenses
Cap Rate7.6%Based on market rents
Cash on Cash Return15.8%With 20% down payment
Est. Monthly Rent$2,611Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
DOWNTOWN
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Erin Wilkinson · RE/MAX real estate central alberta