12, 5230 Lakeshore Drive

Downtown, Sylvan Lake · MLS® A2324961

252 sq ft lot · Land · Vacant Land · 119 days on market

listed by Dorinda Gallant, RE/MAX real estate central alberta

realtor's description

Own one of the larger powered slips at Waters Edge Marina this slip will allow for an 30 foot boat and enjoy hassle-free boating on beautiful Sylvan Lake. Slip #12 offers the added benefit of a larger moorage space with power, making it an excellent choice for accommodating larger vessels while providing the convenience today's boat owners appreciate.Located within the secure and sheltered, gated Waters Edge Marina, this professionally managed dockominium community is known for its excellent upkeep and proactive condominium board, giving owners confidence in the long-term care of the facility. With privately owned slips becoming increasingly difficult to find and seasonal moorage costs continuing to rise, ownership offers both immediate enjoyment and long-term value.Ownership includes one complimentary Town of Sylvan Lake parking pass, making every trip to the marina even more convenient. For buyers looking to get on the water right awayIdeally positioned just a short walk from the Sylvan Lake Lighthouse, The boat launch, fuel dock, restaurants, shopping, and the vibrant lakeshore, Slip #12 is an outstanding opportunity to secure premium moorage and enjoy everything Sylvan Lake has to offer for seasons to come.

property details

type: Land, Vacant Land
lot: 252 sq ft
parking: 0
property tax: $649 / yr
strata fee: $58 / mo
days on market: 119
MLS®: A2324961

features

Recreational
Parking

property tax

about $850 a year

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

The listing shows $649 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.

monthly cost

$483/mo

Mortgage $370 · Tax $54 · Strata $58

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

estimated payment

$370/ monthly

loan $68,000

25-year amortization

down payment20% · $17,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $43,101
land title fees: $255; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $17,255; down + land title fees
total paid: $111,101

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