Lakeway Landing, Sylvan Lake · MLS® A2345640
332
1,271 sq ft · 214 m² lot · Townhouse · Single Family · built 2007 · 37 days on market
listed by Riley Murray, REMAX Innovations
Updated 3 Bedroom home with attached garage in Sylvan Lake! This well-maintained 3-bedroom, 2.5 bathroom home offers over 1,270 sq. ft. of comfortable living space, with recent updates and plenty of room to make it your own.The main floor offers a functional layout with updated flooring and appliances, creating a fresh and inviting space for everyday living. Upstairs features three bedrooms, including a spacious primary bedroom with ensuite bathroom and walk in closet, along with an additional full bathroom. The unfinished drywall ready basement provides additional space for storage today, with the potential to create a recreation room, home office, gym, or additional living space in the future.Outside, enjoy your private backyard deck, perfect for relaxing or entertaining during the warmer months. An attached single garage adds convenience and valuable storage, especially through the Alberta winters.Located in a quiet Sylvan Lake community with easy access to the lake, parks, schools, shopping and local amenities, this home is an excellent opportunity for first time buyers, families, or anyone looking to enjoy everything Sylvan Lake has to offer.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,612 · tax $252 · 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 $3,698 a year
The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).
The listing shows $3,030 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 19/100 · Car needed for most errands
Within a 10 minute walk: 5 parks and playgrounds, 1 school.
mihom score from OpenStreetMap places, by straight line distance.