Active
COTTAGE AREA
4205 Lakeshore Drive , Sylvan Lake, AB
$1,499,900
Residential · MLS® A23052215Bedrooms
4Bathrooms
2,331Sq Ft
2Garage
2026Year Built
02 / Overview
PROPERTY OVERVIEW
Imagine the possibilities here! Situated in the perfect central location on Lakeshore Drive, w/ beautiful views from 3 front decks, this Amazing brand new home has a Legal Suite! Right across the street is the park & the beach, 1/2 block from food & shopping, this could be the Perfect home for an Air BnB, either from the legal suite downstairs or from the upper floor. Enter from the east facing door into the fully insulated stairwell &...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,331 sq ft
Lot Size5,040 sq ft
ZoningRC-1
HeatingIn Floor • Fireplace(s) • Forced Air
CoolingCentral Air
ParkingDouble Garage Detached • Garage Door Opener • Garage Faces Rear • Gravel Driveway • Off Street
ExteriorBBQ gas line • Private Entrance • Private Yard • Storage
BasementFull
Year Built2026
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$3,482After mortgage & expenses
Cap Rate1.7%Based on market rents
Cash on Cash Return-13.9%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
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Active ListingsN/A
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Listed by Nicole Dushanek · RCR - Royal Carpet Realty Ltd.