Active
DOWNTOWN
5223 48 Avenue , Sylvan Lake, AB
$439,900
Residential · MLS® A22934944Bedrooms
2Bathrooms
1,087Sq Ft
2Garage
1978Year Built
02 / Overview
PROPERTY OVERVIEW
For those who appreciate timeless traditional elegance, this beautifully updated home has been restored to pristine beauty and charm. The bright and sunny kitchen features stainless steel appliances, including a newer refrigerator (1 year old) and new microwave. Just off the kitchen, you’ll enjoy a spacious 10’ x 20’ covered deck, perfect for BBQs, evening retreats, stargazing, or relaxing with a good book in your own private sanctuary. The warm and inviting living room showcases a wood-burning fireplace, creating the...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,087 sq ft
Lot Size9,160 sq ft
ZoningR1
HeatingForced Air
CoolingCentral Air
ParkingAlley Access • Asphalt • Double Garage Detached • Driveway • Off Street • Parking Pad • RV Access/Parking • See Remarks • Workshop in Garage
ExteriorDog Run • Fire Pit • Kennel • Private Yard • Storage
BasementFull
Year Built1978
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$84After mortgage & expenses
Cap Rate4.7%Based on market rents
Cash on Cash Return1.1%With 20% down payment
Est. Monthly Rent$2,102Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
DOWNTOWN
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Investment ScoreN/A
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Listed by Karen Dorval · Red Key Realty & Property Management