Active

DOWNTOWN

401, 5100 Lakeshore Drive , Sylvan Lake, AB

$625,000

Residential · MLS® A2317053
2Bedrooms
2Bathrooms
1,013Sq Ft
2Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

Discover refined lakefront living in this beautifully appointed end-unit residence, ideally situated along the shoreline in the vibrant heart of Sylvan Lake. Offering 2 spacious bedrooms and 2 bathrooms, this elegant home captures breathtaking views from the primary suite—where peaceful mornings begin with shimmering water and evenings end with stunning sunsets. Designed for seamless indoor-outdoor living, the expansive balcony provides a front-row seat to panoramic lake views, while floor-to-ceiling windows flood the interior with natural light and bring the beauty...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area1,013 sq ft
ZoningLDC
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingOwned • Parkade
ExteriorBalcony
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,101After mortgage & expenses
Cap Rate0.4%Based on market rents
Cash on Cash Return-20.2%With 20% down payment
Est. Monthly Rent$1,873Based 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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Active ListingsN/A

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Listed by Jacqui Fletcher · Royal LePage Network Realty Corp.