Active
COTTAGE AREA
3313 50 Avenue , Sylvan Lake, AB
$420,000
Residential · MLS® A22897745Bedrooms
2Bathrooms
1,009Sq Ft
2Garage
1996Year Built
02 / Overview
PROPERTY OVERVIEW
Nestled in Sylvan Lake, this beautiful bi-level home offers the rare combination of a prime location and financial flexibility. Situated just blocks from the sparkling water and within easy walking distance of local schools, vibrant downtown boutiques and restaurants , and essential shopping, this property places the best of the community right at your doorstep. Whether you are looking for a spacious family home or a high-performing asset in a thriving market, the addition of a fully legal suite makes...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,009 sq ft
Lot Size3,870 sq ft
ZoningR5
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1996
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,214After mortgage & expenses
Cap Rate7.9%Based on market rents
Cash on Cash Return17.3%With 20% down payment
Est. Monthly Rent$3,200Based 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 Lynn MacDonald · Royal LePage Tamarack Trail Realty