5017 42 Street

Sylvan Lake, AB

Vacant Land
Type

3742 sqft

$248,100 below the Cottage Area benchmark of $548,000

About This Home

30' X 125' LOT IN PRIME LOCATION, STEPS TO THE LAKE. This beautiful lot is in the cottage/cabin area of Sylvan Lake, steps away from the water and across from Centennial Park....close to all amenties. New development surrounds this property, making it a perfect spot for a permanent home, Airbnb, multi-family development, suited house, etc. A Development Permit is already approved for a multi-family development. Services are installed and paid for so the lot is ready to build on. Site grade plan available. Very few good lots are available in the cottage area so don't wait. (id:67953)

Property Details

MLS® Number: A2335090
Lot: 3742 sqft
Days On Market: 79

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: $1,313
Property Tax (Est.): $225
Heat, Power & Water (Est.): $204
Estimated All-In: $1,742/mo

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

Canadian Mortgage Estimate

Estimated payment

$1,523 / month

Home price$299,900

Down payment (10%)$29,990

Interest rate4.39%

Amortization25 years

Mortgage principal: $278,277
CMHC insurance (3.1%): $8,367
Total interest: $178,688
Minimum down: $14,995

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

Listing Courtesy Of

Royal LePage Network Realty Corp.

Blair Morris

MLS® A2335090 · 79 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

$299,900

Est. $1,313/mo

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