$249,900

Residential · MLS® A2289621
2Bedrooms
2Bathrooms
1,045Sq Ft
1Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to easy lake living in the heart of Sylvan Lake! This bright and beautifully maintained 2-bedroom condo offers the perfect blend of comfort, convenience, and lifestyle. Whether you're looking for a year-round home, weekend retreat, or investment opportunity, this property delivers.

Enjoy an open-concept layout with a spacious living area that flows effortlessly into the kitchen and dining space — ideal for entertaining or relaxing after a day at the lake. The two well-sized bedrooms provide flexibility for guests, a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,045 sq ft
ZoningR3
HeatingBaseboard • Hot Water
CoolingNone
ParkingStall
ExteriorNone
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$300After mortgage & expenses
Cap Rate5.9%Based on market rents
Cash on Cash Return7.2%With 20% down payment
Est. Monthly Rent$1,929Based 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 Norm Jensen · Royal LePage Network Realty Corp.