JN REAL ESTATE GROUP

Cottage Area

LIST PRICE

$739,900

5008 41 Street , Sylvan Lake · T4S1B9

6 BEDROOMS · 4 BATHROOMS · 1,810 SQFT · BUILT 1998

MLS A2285838 · 149 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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.

DETAILS

INTERIOR

BEDROOMS
6
FULL BATHS
3
HALF BATHS
1
LIVING AREA (SQFT)
1,810
FEATURES
Ceiling Fan(s) · Closet Organizers · Kitchen Island
APPLIANCES
Dishwasher · Refrigerator · Stove(s) · Washer/Dryer · Water Softener · Window Coverings
FLOORING
Carpet · Hardwood · Tile
FIREPLACE
Wood Burning Stove
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
Detached
STYLE
2 Storey
YEAR BUILT
1998
NEW CONSTRUCTION
No
CONSTRUCTION
Shingle Siding · Vinyl Siding · Wood Frame
ROOF
Asphalt
FOUNDATION
Poured Concrete

PARKING

GARAGE SPACES
2
TOTAL PARKING
4
PARKING
Double Garage Detached

LOT & EXTERIOR

LOT SIZE (SQFT)
3,665
LOT SIZE (ACRES)
0.08
LOT
Back Lane · Back Yard · Landscaped
EXTERIOR
Private Yard
PATIO & PORCH
Front Porch
FENCING
Fenced

COMMUNITY

COMMUNITY
Cottage Area
COMMUNITY FEATURES
Golf · Lake · Playground · Schools Nearby · Shopping Nearby
ZONING
R1
POSTAL CODE
T4S1B9

UTILITIES & COSTS

HEATING
In Floor · Forced Air
COOLING
Full
ANNUAL TAXES
$5,593

LISTING COURTESY OF DREW MCGINNIS · EXP REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.