Sylvan Lake
Residential Listings
5008 41 Street
Cottage Area (Sylvan Lake)
Sylvan Lake
T4S 1B9
$739,900
Residential
beds: 6
baths: 4.0
1,810 sq. ft.
built: 1998
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2205574
- Bedrooms:
- 6
- Bathrooms:
- 4
- Year Built:
- 1998
- Photos (44)
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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 Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Suite - Illegal
- Home Style:
- 2 Storey
- Total Living Area:
- 1,810 sq. ft.168 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 3,665 sq. ft.340 m2
- Lot Frontage:
- 30'4"9.25 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- East
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Two
- Total Rooms Above Grade:
- 4
- Year built:
- 1998 (Age: 27)
- Bedrooms:
- 6 (Above Grd: 4)
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 9723911
- Heating:
- In Floor, Forced Air
- Basement:
- Separate/Exterior Entry, Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Shingle Siding, Vinyl Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt
- Ensuite:
- No
- Flooring:
- Carpet, Hardwood, Tile
- Cooling:
- Full
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning Stove
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Laundry Room
- Cottage Area (Sylvan Lake)
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Water Softener, Window Coverings
- Hot Tub, Fire Place
- None Known
- Floor
- Type
- Size
- Other
- 2nd Floor
- Bedroom - Primary
- 13'3.96 m × 13'3.96 m
- 2nd Floor
- Bedroom
- 11'3.35 m × 10'3.05 m
- 2nd Floor
- Bedroom
- 11'3.35 m × 9'2.74 m
- 2nd Floor
- Bedroom
- 12'3.66 m × 11'3.35 m
- 2nd Floor
- Laundry
- 10'3.05 m × 7'2.13 m
- Basement
- Bedroom
- 11'3.35 m × 10'3.05 m
- Basement
- Bedroom
- 11'3.35 m × 10'3.05 m
- Basement
- Laundry
- Measurements not available
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 2nd Floor
- No
- 4
- Basement
- No
- 4
- Suite
- No
- 3
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Ceiling Fan(s), Closet Organizers, Kitchen Island
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- Front Porch
- Lot Features:
- Landscaped
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Red Deer County
- Zoning:
- R1
- Listed Date:
- Apr 07, 2025
- Days on Mkt:
- Signup
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Larger map options:
Listed by Concept Realty Group Inc.
Data was last updated September 11, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 138
- Avg list price:
- $434,394
- Min list price:
- $219,900
- Max list price:
- $1,800,000
- Avg days on market:
- 31
- Min days on market:
- 1
- Max days on market:
- 357
- Avg price per sq.ft.:
- $358.81
These statistics are generated based on the current listing's property type
and located in
Sylvan Lake. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- JASON & SHELAINE WALZ
- LPT Realty
- 403-505-0039
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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