5027 35 Street

Cottage Area, Sylvan Lake · MLS® A2316165

5,600 sq ft lot · Land · Vacant Land · 149 days on market

listed by Andrew McWilliam, Maxwell Real Estate Solutions Ltd.

realtor's description

This beautiful vacant 40-foot lot sits just steps from the beach, offering the perfect canvas for your custom-built lake home or a smart investment property. Cleared and ready to build, it provides easy access to the tranquil waters of Sylvan Lake while enjoying the peacefulness and charm of this trendy neighborhood. Whether you’re envisioning weekend getaways, family memories by the water, or a prime rental opportunity, this prime lot delivers tremendous potential in one of Alberta’s favorite lake communities.

property details

type: Land, Vacant Land
lot: 5,600 sq ft
parking: 0
property tax: $2,983 / yr
days on market: 149
MLS®: A2316165

property tax

about $3,998 a year

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

The listing shows $2,983 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

$1,991/mo

Mortgage $1,742 · Tax $249

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

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ 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: $202,778
land title fees: $820; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $80,800; down + land title fees
total paid: $522,698

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