41 Street Unit 5008

For Sale 151 Days
$739,900
4 + 2 beds
4 baths
1,810 Sqft

41 Street Unit 5008

For Sale 151 Days
$739,900
4 + 2 beds
4 baths
1,810 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $409/Sqft
  • Time on Houseful
    151 days
  • Property type
    Residential
  • Style
    2 storey
  • Median school Score
  • Lot size
    3,485 Sqft
  • Year built
    1998
  • Mortgage payment

Welcome to 5008 41 Street in Sylvan Lake, a beautifully designed 6-bedroom, 3.5-bath home just steps from the beach, walking trails, and all the best of lake life. Whether you're seeking a full-time residence, a vacation retreat, or a smart investment property, this home delivers on all fronts. The bright, open-concept main floor features beautiful hardwood and tile flooring throughout, with a spacious kitchen anchored by a large central island — ideal for cooking, hosting, and gathering. Upstairs, you'll find the primary bedroom with a private 3-piece ensuite, plus three more generous bedrooms and a full laundry room. The fully finished basement offers two additional bedrooms, a full bathroom, second laundry area, and a private exterior entrance. To date, all primary rental income has come from the upper level only, which has been successfully used for both short-term (Airbnb) and long-term rentals. The basement remains mostly unused, aside from one room that is currently being rented for storage. Outside, enjoy your private hot tub — a huge draw for guests and a perfect way to relax year-round. Additional features include, central vacuum roughed in, double detached garage which is currently being rented out for $450/month. The basement storage room is also being rented out at $275/month. 2023/2024 Rental Revenue for Airbnb is $48,212.29 - long term rental $24,450 - Garage Rental $5400/year & Storage room rental in the basement $3300/year. The total gross income is approximately $81,362.29 annually.

Drew McGinnis of Concept Realty Group Inc.,
MLS®#A2205574
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    Full
  • Heat type
    In floor, forced air
  • Pets allowed (y/n)
    No
Exterior
  • Construction materials
    Shingle siding, vinyl siding, wood frame
  • Roof
    Asphalt
  • Fencing
    Fenced
  • # parking spaces
    4
  • Has garage (y/n)
    Yes
  • Parking desc
    Double garage detached
Interior
  • # full baths
    3
  • # half baths
    1
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    6
  • # of below grade bedrooms
    2
  • Flooring
    Carpet, hardwood, tile
  • Appliances
    Dishwasher, refrigerator, stove(s), washer/dryer, water softener, window coverings
  • Laundry information
    Laundry room
Location
  • County
    Red deer county
  • Subdivision
    Cottage area
  • Zoning description
    R1
  • Directions
    Camcgarsh
Lot/ Land Details
  • Exposure
    E
  • Lot desc
    Landscaped
Overview
  • Lot size (acres)
    0.08
  • Basement information
    Separate/exterior entry,finished,full
  • Building size
    1810
  • Mls® #
    A2205574
  • Property sub type
    Single family residence
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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