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