15 Lucky Place Sylvan Lake, AB
$ 279,900
Property Attributes
  • ID#A1067012
  • TypeSingle Family
  • CitySylvan Lake
  • Postal CodeT4S 0A9
  • StyleBi-Level
  • Price$ 279,900
  • Bedrooms3+2
  • Full Bathrooms2+0
  • Half Bathrooms0
  • Sqr Footage1962
  • Lot Size5,448 SqFt
Listing Provided Courtesy Of:
Karen Dorval with Red Key Realty & Property Management
Data Source:
Property Description

Want to live for $960 a month including bills? And that doesn’t include the benefit of paying down your mortgage principal each month OR the potential increase in value of this home. Check the calculations (see attached): at today’s rates with 5% down you live on the main level for $960 a month INCLUDING bills.Or live in the lower-level MIL suite and rent the upstairs – now you’re paying $460 a month – all in! And if you include mortgage principal repayment you net 22% Return on Investment.Rent the whole house? With 20% down you are cash flowing $737 a month – and when you include mortgage principal repayment you net 28% Return on Investment. This is a smart real estate investment in Sylvan Lake, one of the most popular towns in Alberta. A huge landscaped lot with lots of rear parking and room for a future garage. It’s a perfect rental property - 1,962 sq/ft of developed space in this bilevel home with a total of 5 bedrooms and 2 full baths. Lower level has large windows and a bright main living area. Excellent proximity to dog park, paths and parks.Excellent access to highway 11 by either 60th street or highway 20. RPR with compliance dated June 6, 2007 will be provided.

General Features

Beds 3+2
Inclusions 2nd Refrigerator and Stove in suite

Interior Features

Bedrooms 3+2
Total Baths 2+0

Exterior Features

Lot Size 5448
Jumpid 14198924


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T4S 0A9

AVG $280K
AVG 109
Year Built
AVG 2007

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