Primary photo of 5023 36 Street, Sylvan Lake
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House For Sale

$589,900

MLS® Number: A2296606

Bedrooms

4

Bathrooms

2

Floor Area

1,240

Land Size

5,600

Year Built

1998

5023 36 Street, Sylvan Lake, Alberta

About This Property

What if one home gave you two opportunities? Tucked just half a block from the water in Sylvan Lake’s cottage area, this charming 1.5 storey loft style home invites you into a lifestyle that feels like summer all year long. Step inside and you’re immediately greeted by soaring vaulted ceilings and an abundance of natural light streaming through all the west facing windows, creating a bright, airy space that perfectly captures that relaxed, sun-filled lake life feel. The open-concept kitchen, dining, and living area is warm, inviting, and made for connection—whether it’s slow mornings with coffee or evenings filled with laughter and good company. Thoughtful updates, including vinyl plank flooring throughout the kitchen and living area and a new gas stove, add both style and function to the heart of the home. Currently operating as a successful short-term rental, this property is being sold fully furnished including all household items, making it a seamless, turn-key investment. Or… maybe you keep it all for yourself. With two bedrooms, a full four-piece bath, and laundry on the main floor, plus two additional bedrooms and a two-piece bath upstairs, there’s room for everyone to gather, unwind, and create lasting memories. Imagine beach days just steps away, sunset walks along the water, and cozy nights around the fire. Outside, the spacious backyard offers a deck, a welcoming fire pit area, alley access, and plenty of parking on the newly added gravel pad—perfect for hosting guests or accommodating short-term rentals. Set on a crawlspace for additional storage and with a new hot water tank (2023), this home blends comfort, function, and timeless character. Whether you’re looking for a proven Airbnb investment or your own private lake escape, this is a rare opportunity to own in one of Sylvan Lake’s most desirable location, just steps from the beach.

Property Details

Interior Details

Appliances

Refrigerator, Range - Gas, Washer & Dryer

Basement

Crawl space

Bathrooms Partial

1

Bathrooms Total

2

Bedrooms Total

4

Cooling

Window air conditioner

Flooring

Carpeted, Linoleum, Vinyl Plank

Heating

Forced air

Living Area

1240 sqft

Building & Exterior

Exterior Features

Vinyl siding

Foundation Details

See Remarks

Parking Features

Parking Pad, Gravel

Stories

1.5

Year Built

1998

Land & Location

City Region

Cottage Area

Community Features

Golf Course Development, Lake Privileges, Fishing

Frontage Length

12.19 meters

Lot Features

Back lane, Closet Organizers

Lot Size Area

5600.0 sqft

Lot Size Dimensions

5600.00

Parcel Number

0015764384

Postal Code

T4S1B2

Subdivision Name

Cottage Area

Listing & Financials

Listing Office

CIR Realty

Originating System Name

Central Alberta REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

4

Mortgage Calculator

20% ($117,980)
5.5%
25 Years

Estimated Monthly Payment

$2,898

Principal and interest only. Actual rates may vary.

Location & Map

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