01 / Property Detail
MARINA BAY
384 Marina Bay Place , Sylvan Lake, AB
$1,350,000
Residential · MLS® A22870634Bedrooms
3Bathrooms
2,392Sq Ft
2Garage
2000Year Built
02 / Overview
PROPERTY OVERVIEW
True waterfront living in Marina Bay. Located in one of Sylvan Lake’s most sought-after lakefront communities, this fully developed 2 storey home offers nearly 2,400 sq ft of living space and 50 feet of unobstructed lakefront with direct water access and a private floating dock system.
The main floor is designed around the view, with large windows and open living spaces that bring the lake into everyday living. The well-appointed kitchen features solid oak cabinetry, granite countertops, stainless steel appliances, a...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,392 sq ft
Lot Size5,974 sq ft
ZoningRMB
HeatingForced Air
CoolingCentral Air
ParkingAggregate • Double Garage Attached • Garage Door Opener • Heated Garage
ExteriorBoat Slip
BasementFull
Year Built2000
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$4,096After mortgage & expenses
Cap Rate0.8%Based on market rents
Cash on Cash Return-18.2%With 20% down payment
Est. Monthly Rent$4,386Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MARINA BAY
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Ben James · KIC Realty