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 walking trails. The building also backs directly onto the Sylvan Lake Golf & Country Club, 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. The open-concept design is perfect...

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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Active ListingsN/A

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Listed by Nicole Bett · Coldwell Banker OnTrack Realty