Active

DOWNTOWN

310, 5040 53 Street , Sylvan Lake, AB

$365,000

Residential · MLS® A2325973
2Bedrooms
2Bathrooms
948Sq Ft
2Garage
2007Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to one of the most sought-after condominium buildings in town! Perfectly situated within walking distance to the lake, marina, shopping, restaurants and scenic walking trails, this exceptional building also backs directly onto the golf course, offering an unbeatable lifestyle and location. Residents enjoy an impressive list of amenities including a 20-seat private theatre, hot tub and sauna, fitness centre, party room, library, car wash, bike storage, secure underground parking and additional storage. This spacious 2-bedroom, 2-bathroom unit features a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area948 sq ft
Lot Size982 sq ft
ZoningRWV
HeatingBaseboard
CoolingNone
ParkingUnderground
ExteriorBalcony • Courtyard • Garden
Year Built2007
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$599After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-9.8%With 20% down payment
Est. Monthly Rent$1,759Based 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 Nicole Bett · Coldwell Banker OnTrack Realty