


5008 41 Street Sylvan Lake, AB T4S 1B9
Description
A2205574
3,665 SQFT
Single-Family Home
1998
2 Storey
Red Deer County
Listed By
PILLAR 9 - IDX
Last checked Jun 18 2025 at 1:19 PM EDT
- Full Bathrooms: 3
- Half Bathroom: 1
- Ceiling Fan(s)
- Closet Organizers
- Kitchen Island
- Appliances : Dishwasher
- Appliances : Refrigerator
- Appliances : Stove(s)
- Appliances : Washer/Dryer
- Appliances : Water Softener
- Appliances : Window Coverings
- Laundry/Utility Room : Laundry Room
- Cottage Area
- Landscaped
- Fireplace: Total Fireplace(s) : 1 Wood Burning Stove
- Foundation: Poured Concrete
- Forced Air
- Full
- Separate/Exterior Entry
- Finished
- Full
- Carpet
- Hardwood
- Tile
- Roof: Asphalt
- Double Garage Detached
- Parking Space(s) : 4
- 2
- 1,810 sqft
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.
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.