Property Attributes
- ID#A2285838
- TypeSingle Family
- Listing Status Active
- CitySylvan Lake
- NeighbourhoodCottage Area
- Postal CodeT4S 1B9
- Style2 Storey
- Year Built1998
- Price$ 739,900
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage1810
- Lot Size0.084137 Acres
Data Source:
Pillar 9 Technologies
Property 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.
| Price History | |
|---|---|
| 2/12/2026 | Listed $739,900 |
General Features
| Heating | In Floor,Forced Air |
|---|---|
| Cooling | Full |
| Roof | Asphalt |
| Appliances | Dishwasher,Refrigerator,Stove(s),Washer/Dryer,Water Softener,Window Coverings |
| Zoning | R1 |
| Number of Garage Spaces | 2 |
| Restrictions | None Known |
| Year Built | 1998 |
| Architectural Style | 2 Storey |
| Community Features | Golf,Lake,Playground,Schools Nearby,Shopping Nearby |
| Levels | Two |
| Property Subtype | Detached |
| Transaction Type | For Sale |
| County | Red Deer County |
| Property Type | Residential |
| Subdivision Name | Cottage Area |
| Parking Total | 4 |
| Construction Materials | Shingle Siding,Vinyl Siding,Wood Frame |
| Full Baths | 3 |
| Status | Active |
| City | Sylvan Lake |
| Basement Development | Finished |
| Structure Type | House |
| Standard Status | Active |
| Condo Type | Not a Condo |
| Suite | Yes |
Interior Features
| Interior Features | Ceiling Fan(s),Closet Organizers,Kitchen Island |
|---|---|
| Basement | Full |
| Flooring | Carpet,Hardwood,Tile |
| Fireplace Features | Wood Burning Stove |
| Fireplaces Total | 1 |
| Basement Features | Separate/Exterior Entry |
| Half Baths | 1 |
| Bedrooms Above Grade | 4 |
| Rooms Above Grade | 4 |
| Total Bedrooms | 6 |
| Below Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 4 |
| Laundry Features | Laundry Room |
| Main Level Areas | SquareFeet |
Exterior Features
| Exterior Features | Private Yard |
|---|---|
| Lot Features | Back Lane,Back Yard,Landscaped |
| Fencing | Fenced |
| Inclusions | Hot Tub,Fire Place |
| Parking Features | Double Garage Detached |
| Frontage Length | 9.25M 30`4 |
| Foundation | Poured Concrete |
| Lot Size Acres | 0.08 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 3665 |
| Frontage Ft | 30.35 |
| Patio And Porch Features | Front Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T4S 1B9
In The Neighbourhood
Sylvan Lake
$ 540,000
- Type
- Single Family
- Size
- 960 SqFt
- Rooms
- 2 Beds + 1 Baths
Sylvan Lake
$ 1,099,000
- Type
- Single Family
- Size
- 1,692 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: Grassroots Realty Group Ltd.
Sylvan Lake
$ 1,150,000
- Type
- Single Family
- Size
- 2,251 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: Realty Executives Alberta Elite
Sylvan Lake
$ 1,150,000
- Type
- Single Family
- Size
- 2,251 SqFt
- Rooms
- 4 Beds + 3.5 Baths
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.
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2026 All rights reserved.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of
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.