Active
COTTAGE AREA
5005 43 Street E, Sylvan Lake, AB
$599,000
Residential · MLS® A22965023Bedrooms
2Bathrooms
1,439Sq Ft
1Garage
1987Year Built
02 / Overview
PROPERTY OVERVIEW
SPRING IS HERE! Make your move to Sylvan Lake! Bring the RV, boat and paddle boards and start enjoying lake life. This 1439 sf bungalow is perfect for a fun seeking family or a wonderful retirement home, located just 1 block from the lake and within walking distance to restaurants, shopping, ice cream shops, and beach activities.The home features 3 bedrooms, 2 bathrooms, a spacious kitchen open to the living room, and an additional family room with a cozy...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,439 sq ft
Lot Size7,500 sq ft
ZoningRES. Single Family Home
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Boat • Double Garage Detached • RV Access/Parking
ExteriorBBQ gas line • Fire Pit
BasementNone
Year Built1987
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$70After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-0.7%With 20% down payment
Est. Monthly Rent$2,668Based 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 Cheryl Hyland · Real Estate Centre