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7 Gray Close
homes for sale · Sylvan Lake · Grayhawk
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$379,900

7 Gray Close

Grayhawk, Sylvan Lake · MLS® A2330436

122

1,016 sq ft · 214 m² lot · Townhouse · Single Family · built 2026 · 98 days on market

listed by Nadine Marchand, RCR - Royal Carpet Realty Ltd.

realtor's description

Imagine waking up to the relaxed pace of small-town lake living, where morning walks along quiet community pathways and afternoons by the water become part of your everyday routine. Located in the welcoming Grayhawk community of Sylvan Lake, this brand new modern bungalow townhouse offers the perfect balance of comfort, style, and connection to the outdoors—all with no condo fees. Designed for easy main-floor living, the bright open-concept layout features 9 ft ceilings and luxury vinyl plank flooring, creating a warm and spacious atmosphere. The kitchen is both beautiful and functional with quartz countertops, stainless steel appliances, and a corner pantry, making it the perfect place to gather with friends and family. The primary bedroom retreat offers a peaceful place to unwind, complete with a large walk-in closet and a lovely ensuite featuring double sinks and a glass walk-in shower. A convenient main-floor laundry room and 2-piece guest bath add thoughtful everyday practicality. Downstairs, the unfinished basement offers endless possibilities—imagine cozy movie nights in large family room, 2 extra bedrooms for visiting family, or a comfortable space for hobbies and relaxation, 4 pce bathroom. Step outside to enjoy your sunny south-facing deck, ideal for morning coffee or warm summer evenings after a day at the lake. Low maintenance fenced yard with concrete blocks for late night patio parties. With a two-stall gravel parking pad and a quiet neighborhood setting, this home offers both convenience and charm. Just minutes from the shores of Sylvan Lake, golf courses, local shops, and restaurants, you’ll love the sense of community and the slower pace that make this lakeside town so special. Built with energy efficiency and backed by a New Home Warranty, this home offers the perfect opportunity to embrace a lifestyle where lake days, friendly neighbors, and small-town living are part of every season. Taxes to be assessed. GST included in purchase price with r ebate to builder. 10 Year New Home warranty

property details

type
Townhouse, Single Family
bedrooms
1
bathrooms
2
living area
1,016 sq ft
lot
214 m²
parking
2
year built
2026
property tax
$2,249 / yr
days on market
98
MLS®
A2330436

features

  • Back lane
  • PVC window
  • Closet Organizers
  • No Animal Home
  • No Smoking Home
  • Level

monthly cost

$1,843/mo
Mortgage $1,655 · Tax $187

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

estimated payment
$1,655/ monthly
loan $303,920
25-year amortization
total interest
$192,636
land title fees
$785
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$76,765
down + land title fees
total paid
$496,556

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
$1,350/mo
after all costs
−$776/mo
cap rate
2.8%
yearly net rent ÷ price

Costs: mortgage $1,655 · tax $187 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Sylvan Lake: CMHC's average there ($1,355) lowered 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

Grayhawk, Sylvan LakeGoogle Maps ↗

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listed by
Nadine Marchand
RCR - Royal Carpet Realty Ltd.
call Nadine · 403-342-7700
Powered by: REALTOR.ca

similar homes nearby

property tax

about $3,798 a year

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

The listing shows $2,249 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

Grayhawk, Sylvan LakeGoogle Maps ↗
Drive times
  • École Mother Teresa5 min
  • Downtown Red Deer26 min
  • Red Deer Polytechnic26 min
  • Red Deer Regional Hospital Centre27 min
16

Walkability 16/100 · Car needed for most errands

Within a 10 minute walk: 2 parks and playgrounds.

mihom score from OpenStreetMap places, by straight line distance.

60 Gray Close, Sylvan Lake
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83 Gray Close, Sylvan Lake
83 Gray Close, Sylvan Lake, photo 2
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83 Gray Close, Sylvan Lake, photo 5
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83 Gray Close, Sylvan Lake, photo 8
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9 Gray Close, Sylvan Lake
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47 Gray Close
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45 Gray Close, Sylvan Lake
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45 Gray Close
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