01 / Property Detail
LAKEWAY LANDING
113, 50 Lucky Place , Sylvan Lake, AB
$299,900
Residential · MLS® A22817133Bedrooms
2Bathrooms
1,226Sq Ft
2Garage
2007Year Built
02 / Overview
PROPERTY OVERVIEW
Step into a life of convenience and comfort in this stunning Lakeway Landing residence. Perfectly positioned near top-rated schools, vibrant shopping, and splashing fun at local parks, this home isn’t just a place to stay—it’s a place to live.
From the moment you enter the open foyer, you are greeted by a flood of natural light streaming through the living room’s oversized picture window. The heart of the home is undoubtedly the chef-inspired kitchen. Featuring rich stained cabinetry, a striking full-tile...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFour Plex
Total Finished Area1,226 sq ft
ZoningR3
HeatingForced Air • Natural Gas
CoolingNone
ParkingNone
ExteriorNone
BasementFull
Year Built2007
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$626After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.5%With 20% down payment
Est. Monthly Rent$2,296Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
LAKEWAY LANDING
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Kile Meiklejohn · Real Broker