pillar/IMG-A2204882_1.jpg
48 days on Market

5003 40 St, Sylvan Lake, Alberta T4S 1B7

Detached
2
1
~953.00 sqft
$•••,•••
$349,999
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Detached
2
1
~953.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$367/sqft

Est. Mortgage$1,503/mo

Tax Amount (2024)$1,763/yr

Days On Market48 days


Description

Charming Cottage – Steps from Sylvan Lake! Step into a piece of history with this enchanting cottage, nestled just one block from the shimmering waters of Sylvan Lake and its scenic parks. This home exudes warmth and character, offering the perfect blend of vintage charm and a prime resort-town location. Inside, you’ll find original hardwood floors and beautifully varnished wood panel walls, creating a cozy, timeless atmosphere. The built-in kitchen table and dining area add to the home’s nostalgic appeal, making every meal feel like a cherished tradition. With two inviting bedrooms, one full bath, and an unfinished basement brimming with potential, this home is ready for your personal touch. Property Highlights: Authentic character with original hardwood & rich wood paneling, Prime location – 1 block to Sylvan Lake & park, Charming built-in kitchen table & dining room, Unfinished basement, New foundation done in the 80's– potential for expansion or storage, ,Perfect for year-round living, a weekend retreat, or investment property. Whether you're looking for a cozy lakeside getaway or a charming full-time residence, this rare cottage gem won’t last long. Don’t miss your chance to own a piece of Sylvan Lake history!


Property Details

StyleBungalow
View-
Age of property1935
SqFt~953.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2204882
Community NameSylvan Lake
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air
Basement: Full,Unfinished

Main Floor

Living Room

47`7" x 38`1"

Kitchen

30`2" x 32`6"

Dining Room

29`2" x 29`2"

4pc Bathroom


Features

Patio: Deck,Front Porch

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Mar 23, 2025
ListedActive
$349,999
48 days on market
history photo preview37
Listing by pillar 9®
Property listed by Real Broker, 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

23 days

Compared to

2024

36 days

2023

39 days

2022

0 day

New Listings

Past 30 days

48 listings

Compared to

2024

42 listings

2023

39 listings

2022

0 listing

Units sold

Past 30 days

22 units

Compared to

2024

37 units

2023

28 units

2022

0 unit

Median Sold Price

Past 30 days

$502,500

Compared to

2024

$470,000

2023

$405,500


Population and Demographics

Overview

Total population 11969
Average household income $119,570

Age (%)

0 to 19
28%
35 to 49
23%
20 to 34
20%
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%

Schools and amenities

Estimated Budget