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
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!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
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
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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.
Walkability 25/100 · Mostly by car
Within a 10 minute walk: 9 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.