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7, 5301 Windward Place
homes for sale · Sylvan Lake · Lakeway Landing
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$339,900

7, 5301 Windward Place

Lakeway Landing, Sylvan Lake · MLS® A2350488

321

1,447 sq ft · 2,110 sq ft lot · Townhouse · Single Family · built 2014 · 10 days on market

listed by Cassie Orlando, Coldwell Banker OnTrack Realty

realtor's description

Welcome to Newport Village in beautiful Sylvan Lake, where comfort, convenience, and low-maintenance living come together! Offering 1,447 sq. ft. of thoughtfully designed living space, this inviting three-bedroom townhome features 9-foot ceilings, an open-concept main floor, and large south-facing windows that fill the home with natural light while overlooking a peaceful, mature treed area. The spacious kitchen offers a functional island, ample cabinetry, and a pantry, with plenty of room for everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a spacious primary retreat with a walk-in closet, along with the added convenience of upper-floor laundry. Step outside onto your private back deck and enjoy the beautiful treed surroundings, creating a relaxing space to unwind. The unfinished basement offers excellent storage and future development potential, while the single attached garage adds everyday convenience. Best of all, professional management takes care of exterior maintenance, lawn care, and snow removal, including the driveway and walkways. Spend less time on upkeep and more time enjoying Sylvan Lake's beaches, walking trails, restaurants, and recreation. Whether you're looking for your first home, downsizing, or simply wanting a more carefree lifestyle, this property offers an incredible opportunity to enjoy everything Sylvan Lake has to offer!

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
2
living area
1,447 sq ft
lot
2,110 sq ft
parking
1
year built
2014
property tax
$2,718 / yr
strata fee
$308 / mo ($0.21 / sq ft)
strata rules
Pets Allowed, Pets Allowed With Restrictions
days on market
10
MLS®
A2350488

features

  • Parking
  • Lake Privileges
  • Pets Allowed
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher

monthly cost

$2,016/mo
Mortgage $1,481 · Tax $227 · Strata $308

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

estimated payment
$1,481/ monthly
loan $271,920
25-year amortization
total interest
$172,354
land title fees
$715
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$68,695
down + land title fees
total paid
$444,274

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

if you rented it out

rent
$1,560/mo
after all costs
−$756/mo
cap rate
2.6%
yearly net rent ÷ price

Costs: mortgage $1,481 · tax $227 · strata $308 · 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

location

Lakeway Landing, Sylvan LakeGoogle Maps ↗

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listed by
Cassie Orlando
Coldwell Banker OnTrack Realty
call Cassie · 403-392-8488
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

property tax

about $3,398 a year

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

The listing shows $2,718 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.

location

Lakeway Landing, Sylvan LakeGoogle Maps ↗
Drive times
  • École Mother Teresa5 min
  • Red Deer Polytechnic26 min
  • Downtown Red Deer27 min
  • Red Deer Regional Hospital Centre28 min
25

Walkability 25/100 · Mostly by car

Within a 10 minute walk: 9 parks and playgrounds.

mihom score from OpenStreetMap places, by straight line distance.

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