56 days on Market

5005 40 St, Sylvan Lake, Alberta T4S 1B7

Detached
3 + 1
4 + 1
~1480.00 sqft
$•••,•••
$625,000
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Detached
3 + 1
4 + 1
~1480.00 sqft

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Highlights

Property Estimate

Days on market56 days

Estimated valueNot available

Price/Sqft$422/sqft

Monthly cost

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Description

STEPS FROM SYLVAN LAKE! This charming freshly painted 2 storey located in Cottage Area is sure to impress offering 4 bedrooms and 3.5 bathrooms. Located just minutes from the beach, playground and everything Lakeshore Drive has to offer ~ a wonderful Airbnb opportunity (permits to be obtained by buyers). Functionally designed with a spacious living room with large windows overlooking the Lake and accompanied by a lovely gas fireplace and built-ins on either side. The kitchen offers lake vibes with butcher block countertops, an abundance of white cabinets, blue accented island and a stainless steel appliance package. There is a large dining nook with additional built-in storage. The upper floor features three bedrooms great for a family or for investment purposes including the farmhouse style primary suite equipped with an ensuite with a double vanity, walk-in shower and tile floors but the cherry on top is the private balcony overlooking the Lake. The two additional bedrooms are a great size and share the 5pc family bathroom with an interior linen closet. The developed basement offers another bright living space, the large 4th bedroom, a 4pc bathroom, additional den with bunk beds plus storage space! Extra's include Central A/C, in-floor heat, a H/E furnace and hot water on demand. The backyard is fully fenced and features a stone fire-pit area, deck with enclosed storage below and of course off street parking for your vehicles or RV! With this home just being professionally painted and cleaned it is completely move-in ready and awaits new ownership!


Property Details

Style2 Storey
View-
Age of property2013
SqFt~1480.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2261094
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byCentury 21 Maximum

Features

Heating: High Efficiency,Forced Air
Central Vacuum
Basement: Full,Finished

Main Floor

Living Room

15`1" x 14`0"

Kitchen

13`5" x 13`1"

Dining Room

7`8" x 14`11"

2pc Bathroom

6`7" x 4`10"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Oct 2, 2025
ListedActive
$625,000
56 days on market
history photo preview44
Listing by pillar 9®
Property listed by Century 21 Maximum, Brokerage
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Market Data - Sylvan Lake

Geo Zone Map ThumbnailSylvan Lake

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

63 days

2023

55 days

2022

49 days

New Listings

Past 30 days

31 listings

Compared to

2024

25 listings

2023

22 listings

2022

18 listings

Units sold

Past 30 days

22 units

Compared to

2024

21 units

2023

21 units

2022

16 units

Median Sold Price

Past 30 days

$446,450

Compared to

2024

$371,000

2023

$420,000

2022

$372,600


Population and Demographics

Overview

Total population 11969
Average household income $119,570

Age (%)

0 to 19
28%
20 to 34
20%
35 to 49
23%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
66%
Single person
28%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget