Townhouse
$338,000
38, 5301 Windward Place
Newport, Sylvan Lake6 days on market
listed by Royal LePage Network Realty Corp.
MLS® A2353158
9, 5301 Windward Place
$349,900
9, 5301 Windward Place
Newport, Sylvan Lake · MLS® A2347535
232
1,369 sq ft · 2,950 sq ft lot · Townhouse · Single Family · built 2014 · 16 days on market
listed by Jacqui Fletcher, Royal LePage Network Realty Corp.
realtor's description
Welcome to Newport Village, this former show home by Laebon Homes still shows like new! The popular floor plan offers 9' ceilings, an open main floor and large south-facing rear windows overlooking a mature treed area. The kitchen features a large island, corner pantry and black appliances, with dark cabinetry and neutral finishes throughout. There is also a 2 piece bath on the main floor next to the door leading to the single attached garage. Upstairs are two spacious primary bedrooms, each with its own ensuite and walk-in closet, along with convenient second-floor laundry. The basement is undeveloped and ready for your future plans, offering additional space for storage and/or development. Enjoy the added comfort of central air conditioning and a 3-year-old furnace. Outside, the newly stained deck overlooks the yard with many trees providing serenity and privacy. With low-maintenance living, this home gives you more time to enjoy the lake, parks, shopping and everything Sylvan Lake has to offer!
property details
- type
- Townhouse, Single Family
- bedrooms
- 2
- bathrooms
- 3
- living area
- 1,369 sq ft
- lot
- 2,950 sq ft
- parking
- 2
- year built
- 2014
- property tax
- $3,189 / yr
- strata fee
- $430 / mo ($0.31 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 16
- MLS®
- A2347535
features
- Pets Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
monthly cost
$2,220/mo
Mortgage $1,524 · Tax $266 · Strata $430
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,460/mo
- after all costs
- −$1,052/mo
- cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $1,524 · tax $266 · strata $430 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Sylvan Lake: CMHC's average there ($1,467) 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
Newport, Sylvan LakeGoogle Maps ↗
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