$739,900
FOR SALE

Detached

Bedrooms: 4+2Bathrooms: 4Lot: 9.25 x 38.09 m

5008 41 Street
Sylvan Lake, AB T4S 1B9

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:47421)
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Listed By eXp Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2285838
Last Updated Feb 11, 2026
Property Summary
Property Type Detached

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Community Cottage Area
Price History

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Detailed Information
Bedrooms 4+2
Bathrooms 4
Lot 9.25 x 38.09 m
Amenities Nearby Golf Course, Playground, Schools, Shopping, Water Nearby
Community Features Golf Course Development, Lake Privileges
Features Back lane, Closet Organizers
Listing Contract Date 2026-02-11
Municipal ID 0027246560
Ownership Type Freehold
# of Parking Spaces 4
Plan 9723911
Property Type Single Family
Transaction Type For sale
Zoning Description R1
Building
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
# of Fireplaces 1
Flooring Type Carpeted, Hardwood, Tile
Foundation Type Poured Concrete
# of Half Bathrooms 1
Heating Type Forced air, In Floor Heating
Stories Total 2
Total Finished Area 1810 sqft
Type House
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level13.00 Ft x 13.00 Ft
4pc BathroomSecond level.00 Ft x .00 Ft
BedroomSecond level29.53 Ft x 36.09 Ft
Laundry roomSecond level7.00 Ft x 10.00 Ft
BedroomSecond level10.00 Ft x 11.00 Ft
BedroomSecond level12.00 Ft x 11.00 Ft
BedroomBasement10.00 Ft x 11.00 Ft
BedroomBasement10.00 Ft x 11.00 Ft
4pc BathroomBasement.00 Ft x .00 Ft
Laundry roomBasement.00 Ft x .00 Ft
2pc BathroomMain level.00 Ft x .00 Ft
3pc BathroomUnknown.00 Ft x .00 Ft
Parking Spaces
Name Spaces
Detached Garage2
Land
Total Size 340.49 square meters
Amenities Golf Course, Playground, Schools, Shopping, Water Nearby
Fence Type Fence
Landscape Features Landscaped
Size of Irregular Land 340.49

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