Townhouse
$359,900
27 Rowberry Court
Ryders Ridge, Sylvan Lake11 days on market
listed by CIR Realty
MLS® A2352226
10 Rafferty Court
$293,000
10 Rafferty Court
Ryders Ridge, Sylvan Lake · MLS® A2345929
232
1,264 sq ft · 1,892 sq ft lot · Townhouse · Single Family · built 2012 · 30 days on market
listed by Melissa Morin, Century 21 Maximum
realtor's description
NO CONDO FEES! Welcome to this well-located townhouse offering a functional layout and plenty of opportunity to make it your own. The main floor features an inviting open-concept design with an easy flow between the kitchen, dining and living areas, making it ideal for everyday living and entertaining. A convenient 2-piece bathroom completes the main level, while a garden door provides access to the back deck and yard. Outside, you’ll find a storage shed, off-street parking and access from the paved back alley.Upstairs, the spacious primary bedroom offers its own ensuite bathroom and walk-in closet, creating a comfortable private retreat. A second bedroom and full bathroom complete the upper level. The unfinished basement is ready for your ideas, whether you envision additional living space, a home gym, office, recreation room or extra storage. Additional features include a water softener and stacking washer & dryer. Conveniently located close to shopping, schools and everyday amenities, with quick and easy highway access for commuters. A great opportunity for first-time buyers, investors or anyone looking for the benefits of townhouse living without monthly condo fees!
property details
- type
- Townhouse, Single Family
- bedrooms
- 2
- bathrooms
- 3
- living area
- 1,264 sq ft
- lot
- 1,892 sq ft
- parking
- 2
- year built
- 2012
- property tax
- $2,559 / yr
- days on market
- 30
- MLS®
- A2345929
features
- Back lane
- Refrigerator
- Water softener
- Dishwasher
- Stove
- Microwave
monthly cost
$1,490/mo
Mortgage $1,277 · Tax $213
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
if you rented it out
- rent
- $1,460/mo
- after all costs
- −$322/mo
- cap rate
- 3.9%
- yearly net rent ÷ price
Costs: mortgage $1,277 · tax $213 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Sylvan Lake: CMHC's average there ($1,467) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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