4217 LAKESHORE Drive

Cottage Area, Sylvan Lake · MLS® A2307598

4,160 sq ft lot · Land · Vacant Land · 174 days on market

listed by Brad Granlund, RCR - Royal Carpet Realty Ltd.

realtor's description

WOW...don't miss this opportunity to build your dream home/cottage on the lake on this 32 x 130 ft. lot. Cottage district lots have become increasing rare, now is the time to build. This unbeatable location is on Lakeshore drive just across from the park and steps to the lake. You'll love watching the all action and enjoying the sunsets from your deck. With close proximity to restaurants, shopping, the marina, boardwalk-you'll be able to truly enjoy the Sylvan Lake lifestyle. Sylvan has become a 4 seasons destination with countless activities going on all year long. Lots have been graded and serviced and are ready to build on. The rear laneway will be paved. No restrictions on time to build so you can hold it until YOU are ready.

property details

type: Land, Vacant Land
lot: 4,160 sq ft
parking: 0
days on market: 174
MLS®: A2307598

features

Paved lane
Level
Golf Course Development
Lake Privileges

property tax

about $4,098 a year

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

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

$1,786/mo

Mortgage $1,786

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,786/ monthly

loan $327,920

25-year amortization

down payment20% · $81,98020%+ 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: $207,848
land title fees: $840; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $82,820; down + land title fees
total paid: $535,768

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