Downtown, Sylvan Lake · MLS® A2327111
221
1,001 sq ft · 1,752 sq ft lot · Townhouse · Single Family · built 2003 · 110 days on market
listed by Jacquie Bennett, Century 21 Maximum
Perfect for those seeking a relaxed lake lifestyle, this beautifully maintained 2-bedroom, 2-bathroom townhouse offers comfort, convenience, and easy living just a five-minute walk to the lake, boardwalk, and local restaurants. Step inside to an inviting open-concept layout featuring a warm corner fireplace with a custom mantle that creates the perfect focal point for the living room. Freshly painted and tastefully decorated throughout, this home feels bright, welcoming, and move-in ready. The spacious primary bedroom includes its own private ensuite, while both bedrooms offer generous closet space for all your storage needs. Designed for low-maintenance living without sacrificing style, this townhouse is ideal for year-round living, weekend escapes, first-time buyers, or those looking to downsize and enjoy everything lake life has to offer.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,045 · tax $163 · strata $379 · 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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about $2,399 a year
The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).
The listing shows $1,959 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 70/100 · Walkable: many errands on foot
Within a 10 minute walk: 13 places to eat or drink, 1 cafe, 4 parks and playgrounds, 1 school, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.