Active
COTTAGE AREA
5003 36 Street , Sylvan Lake, AB
$529,900
Residential · MLS® A22734352Bedrooms
1Bathrooms
868Sq Ft
0Garage
2005Year Built
02 / Overview
PROPERTY OVERVIEW
Charming year round Cabin + Studio on one of Sylvan Lake’s Most Sought-After Streets! Nestled in the highly desirable Sylvan Lake Cottage Area, this unique property offers 1,359 sq ft of total living space, featuring an 868 sq ft, 2-bedroom, 1-bathroom cabin along with a 501 sq ft studio that adds an additional space. The bright and versatile studio, equipped with its own furnace, 3-piece bath—an ideal setup for guests and extended family. This space is also perfect for crafts,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area868 sq ft
Lot Size5,600 sq ft
ZoningR5
HeatingForced Air • Natural Gas
CoolingNone
ParkingGated • None • On Street
ExteriorBalcony • Boat Slip • Fire Pit • Private Yard • Storage
BasementCrawl Space
Year Built2005
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$766After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-8.7%With 20% down payment
Est. Monthly Rent$1,619Based 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
Avg Home PriceN/A
Active ListingsN/A
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Listed by Shelly James · Coldwell Banker OnTrack Realty