Townhouse
$339,900
7, 5301 Windward Place
Lakeway Landing, Sylvan Lake9 days on market
listed by Coldwell Banker OnTrack Realty
MLS® A2350488
119, 50 Lucky Place
$262,500
119, 50 Lucky Place
Lakeway Landing, Sylvan Lake · MLS® A2319954
322
1,406 sq ft · Townhouse · Single Family · built 2007 · 136 days on market
listed by Nicole Blair, RE/MAX real estate central alberta
realtor's description
IMMEDIATE POSSESSION AVAILABLE! Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom townhome nestled in a sought-after lake community! Perfectly located just steps from top-rated schools, scenic parks, and convenient shopping, this home offers the ideal blend of comfort, style, and lifestyle.Step inside to discover newer hard surface flooring throughout the main level, providing both durability and a modern touch. Freshly painted in contemporary tones, the interior feels bright, clean, and move-in ready.The main level features a spacious living area, functional kitchen with ample cabinetry and separate pantry, and a cozy dining space that opens to a private outdoor patio—ideal for relaxing or entertaining. Upstairs, you'll find three generously sized bedrooms and a full bathroom, with a convenient half-bath on the main floor for guests.Enjoy all the perks of lake community living, including access to walking paths, green spaces, and seasonal lake activities. Whether you're a first-time buyer, a small family, or looking to downsize, this home checks all the boxes.
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 2
- living area
- 1,406 sq ft
- parking
- 2
- year built
- 2007
- property tax
- $1,893 / yr
- strata fee
- $341 / mo ($0.24 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 136
- MLS®
- A2319954
features
- PVC window
- Closet Organizers
- Parking
- Pets Allowed With Restrictions
- Refrigerator
- Oven - Electric
monthly cost
$1,642/mo
Mortgage $1,144 · Tax $158 · Strata $341
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,560/mo
- after all costs
- −$382/mo
- cap rate
- 3.5%
- yearly net rent ÷ price
Costs: mortgage $1,144 · tax $158 · strata $341 · 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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