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Description
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.
Property details
- MLS® #
- A2205574
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Cottage Area
- Price
- $739,900
- Sale/Lease:
- For Sale
- Size:
- 1,810 sq.ft.
- Bedrooms:
- 6
- Bathrooms:
- 3 full / 1 half
- Year Built:
- 1998 (27 years old)
- Structure Type:
- House
- Building Style:
- 2 Storey
- Garage:
- Yes
- Parking:
- Double Garage Detached
- Fence:
- Fenced
- Basement:
- Separate/Exterior Entry, Finished, Full
- Features:
- Ceiling Fan(s), Closet Organizers, Kitchen Island
- Fireplaces:
- 1
- Inclusions:
- Hot Tub, Fire Place
- Appliances:
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Water Softener, Window Coverings
- Laundry:
- Laundry Room
- Exterior Features:
- Private Yard
- Patio/Porch Features:
- Front Porch
- Nearby Amenities:
- Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby
- Lot Size:
- 0.08 acres
- Lot Features:
- Landscaped
- Zoning:
- R1
- Roof:
- Asphalt
- Exterior:
- Shingle Siding,Vinyl Siding,Wood Frame
- Floors:
- Carpet, Hardwood, Tile
- Foundation:
- Poured Concrete
- Heating:
- In Floor, Forced Air
- Cooling:
- Full
- Amenities:
- Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby
- Possession:
- Negotiable
- Days on Market:
- 1
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Listing office: Concept Realty Group Inc.
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