5020 42 Street

Sylvan Lake, AB

Vacant Land
Type

3750 sqft

$218,100 below the Cottage Area benchmark of $548,000

About This Home

ALMOST SOLD OUT! WOW...don't miss this opportunity to build your dream home/cottage just steps from the lake on this 30 x 125 ft. lot. Cottage district lots have become increasing rare, now is the time to build! This unbeatable location is just off Lakeshore drive near the park, and steps to the lake. You'll love watching the all action and enjoying the sunsets from your deck. With close proximity to restaurants, shopping, the marina, boardwalk-you'll be able to truly enjoy the Sylvan Lake lifestyle. Sylvan has become a 4 seasons destination with countless activities going on all year long. Lot has been subdivided, graded, serviced to property line, and is ready to build on. The side laneway will be paved. No restrictions on time to build, so you can hold it until YOU are ready. (id:67953)

Property Details

MLS® Number: A2308942
Lot: 3750 sqft
Days On Market: 189

From Above

The Neighbourhood

Living In Cottage Area

Explore

Lake-oriented Sylvan Lake living with water access and views.

Benchmark home price$548,000

Average days on market49 Days

Active homes for sale13

Year-over-year change+9.4%

For Families

Schools Near This Home

H.J. Cody School
Ecole Mother Teresa
Fox Run School

These are the schools serving Sylvan Lake. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

Schedule A Private Tour

Tour this home with a local licensed partner agent who can represent you as a buyer.

Showing requests are sent to a Corridor partner agent for this area, who may not be the listing agent. Corridor Real Estate is not a brokerage.

True Monthly Cost

What this home really costs each month, not just the mortgage. Good news: Alberta has no land transfer tax.

Mortgage Payment: $1,445
Property Tax (Est.): $247
Heat, Power & Water (Est.): $204
Estimated All-In: $1,896/mo

Based on 20% down over 25 years. Your lender can give you exact numbers.

Canadian Mortgage Estimate

Estimated payment

$1,676 / month

Home price$329,900

Down payment (10%)$32,990

Interest rate4.39%

Amortization25 years

Mortgage principal: $306,114
CMHC insurance (3.1%): $9,204
Total interest: $196,563
Minimum down: $16,495

Semi-annual compounding, per Canadian convention. Estimates only — confirm with a licensed mortgage professional.

Listing Courtesy Of

RCR - Royal Carpet Realty Ltd.

Brad Granlund

MLS® A2308942 · 189 Days On Market

Listing information is provided by the listing brokerage and is deemed reliable but not guaranteed. Corridor Real Estate is not the listing brokerage. Listing data on this site is provided through CREA's DDF® by Cooper Jones, REALTOR®, Coldwell Banker OnTrack Realty, a member of The Canadian Real Estate Association, who is responsible for this website's listing content. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Terms Of Use

$329,900

Est. $1,445/mo

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