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. (id:51989)
Features of 5008 41 Street
- MLS® Number A2285838
- Price $739,900
- Bedrooms: 6
- Bathrooms: 4
- Square Footage: 1810 sqft
- Property Type: House
- Community Name: Cottage Area
- Amenities Near By Golf Course, Playground, Schools, Shopping, Water Nearby
- Community Features Golf Course Development, Lake Privileges
- Features Back Lane, Closet Organizers
- Parking Space Total 4
- Plan 9723911
Buildings
| Bathroom Total | 4 | Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 | Bedrooms Total | 6 |
| Appliances | Refrigerator, Water Softener, Dishwasher, Stove, Window Coverings, Washer & Dryer | Basement Development | Finished |
| Basement Features | Separate Entrance, Suite | Basement Type | Full (finished) |
| Constructed Date | 1998 | Construction Material | Wood Frame |
| Construction Style Attachment | Detached | Cooling Type | Fully Air Conditioned |
| Exterior Finish | Shingles, Vinyl Siding | Fireplace Present | Yes |
| Fireplace Total | 1 | Flooring Type | Carpeted, Hardwood, Tile |
| Foundation Type | Poured Concrete | Half Bath Total | 1 |
| Heating Type | Forced Air, In Floor Heating | Stories Total | 2 |
| Size Interior | 1810 Sqft | Total Finished Area | 1810 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Golf Course, Playground, Schools, Shopping, Water Nearby | Landscape Features | Landscaped |
| Size Depth | 38.09 M | Size Frontage | 9.25 M |
| Size Irregular | 340.49 | Size Total | 340.49 M2|0-4,050 Sqft |
| Size Total Text | 340.49 M2|0-4,050 Sqft | Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 13.00 Ft x 13.00 Ft | ||
| Second Level | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Second Level | Bedroom | 29.53 Ft x 36.09 Ft | ||
| Second Level | Laundry Room | 7.00 Ft x 10.00 Ft | ||
| Second Level | Bedroom | 10.00 Ft x 11.00 Ft | ||
| Second Level | Bedroom | 12.00 Ft x 11.00 Ft | ||
| Basement | Bedroom | 10.00 Ft x 11.00 Ft | ||
| Basement | Bedroom | 10.00 Ft x 11.00 Ft | ||
| Basement | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Basement | Laundry Room | .00 Ft x .00 Ft | ||
| Main Level | 2pc Bathroom | .00 Ft x .00 Ft | ||
| Unknown | 3pc Bathroom | .00 Ft x .00 Ft |
Agents and Offices
- Drew McGinnis
- Office: Exp Realty