Active
LAKEWAY LANDING
119, 50 Lucky Place , Sylvan Lake, AB
$279,900
Residential · MLS® A23199543Bedrooms
2Bathrooms
1,406.5Sq Ft
0Garage
2007Year Built
02 / Overview
PROPERTY OVERVIEW
IMMEDIATE POSSESSION AVAILABLE! Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom townhome nestled in a sought-after lake community! Perfectly located just steps from top-rated schools, scenic parks, and convenient shopping, this home offers the ideal blend of comfort, style, and lifestyle.
Step inside to discover newer hard surface flooring throughout the main level, providing both durability and a modern touch. Freshly painted in contemporary tones, the interior feels bright, clean, and move-in ready.
The main level features a spacious living area, functional...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFive Plus
Total Finished Area1,406.5 sq ft
ZoningR3
HeatingForced Air • Natural Gas
CoolingNone
ParkingAssigned • Off Street
ExteriorRain Gutters
BasementFull
Year Built2007
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$922After mortgage & expenses
Cap Rate8.4%Based on market rents
Cash on Cash Return19.8%With 20% down payment
Est. Monthly Rent$2,611Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
LAKEWAY LANDING
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Investment ScoreN/A
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Listed by Nicole Blair · RE/MAX real estate central alberta