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