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115, 50 Lucky Place
homes for sale · Sylvan Lake · Lakeway Landing
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$254,900

115, 50 Lucky Place

Lakeway Landing, Sylvan Lake · MLS® A2336174

322

1,410 sq ft · 2,341 sq ft lot · Townhouse · Single Family · built 2007 · 75 days on market

listed by Dale Devereaux, Century 21 Maximum

realtor's description

Nicely cared for home with a good floor plan. Spacious living room with a big window making this space very bright. The kitchen has oak medium stained cabinets and stainless appliances (dishwasher approx 1.5 yrs old), a pantry and a breakfast bar. Open to the kitchen is the large eating area with a door out to the deck & fenced yard. There is a 2 pce bathroom on the main as well. Upstairs has 3 good sized bedrooms and a 4 pce bathroom. The primary is quite large and has a walk in closet. Downstairs is undeveloped. The washer & dryer are included. There are 2 assigned parking stalls out front. Immediate possession. Condo fees include the lawn mowing and snow removal.

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
2
living area
1,410 sq ft
lot
2,341 sq ft
parking
2
year built
2007
property tax
$2,249 / yr
strata fee
$342 / mo ($0.24 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
75
MLS®
A2336174

features

  • No neighbours behind
  • Parking
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher

monthly cost

$1,640/mo
Mortgage $1,111 · Tax $187 · Strata $342

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,111/ monthly
loan $203,920
25-year amortization
total interest
$129,252
land title fees
$560
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$51,540
down + land title fees
total paid
$333,172

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,560/mo
after all costs
−$379/mo
cap rate
3.4%
yearly net rent ÷ price

Costs: mortgage $1,111 · tax $187 · strata $342 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Sylvan Lake: CMHC's average there ($1,505) raised 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

location

Lakeway Landing, Sylvan LakeGoogle Maps ↗

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listed by
Dale Devereaux
Century 21 Maximum
call Dale · 403-506-2121
Powered by: REALTOR.ca
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similar homes nearby

property tax

about $2,549 a year

The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).

The listing shows $2,249 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Lakeway Landing, Sylvan LakeGoogle Maps ↗
Drive times
  • École Mother Teresa3 min
  • Downtown Red Deer23 min
  • Red Deer Polytechnic23 min
  • Red Deer Regional Hospital Centre25 min
18

Walkability 18/100 · Car needed for most errands

Within a 10 minute walk: 4 parks and playgrounds.

mihom score from OpenStreetMap places, by straight line distance.

420, 100 Lakeway Boulevard, Sylvan Lake
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Condo
$239,900
4methe deep dive
420, 100 Lakeway Boulevard
Lakeway Landing, Sylvan Lake18 days on market
listed by CIR Realty
2111,024 sq ft
MLS® A2350292
119, 50 Lucky Place, Sylvan Lake
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119, 50 Lucky Place, Sylvan Lake, photo 8
Townhouse
$262,500
4methe deep dive
119, 50 Lucky Place
Lakeway Landing, Sylvan Lake136 days on market
listed by RE/MAX real estate central alberta
32
#111 50 Lucky PL, Sylvan Lake
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#111 50 Lucky PL, Sylvan Lake, photo 8
Townhouse
$269,900
4methe deep dive
#111 50 Lucky PL
Lakeway Landing, Sylvan Lake173 days on market
listed by MORE Real Estate
321,420 sq ft
2
1,406 sq ft
MLS® A2319954
MLS® E4485628