$186,000
$195,900
5.1%For more information regarding the value of a property, please contact us for a free consultation.
5135 Lakeshore DR #207 Sylvan Lake, AB T4S1E2
1 Bed
1 Bath
688 SqFt
Key Details
Sold Price $186,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 688 sqft
Price per Sqft $270
Subdivision Downtown
MLS® Listing ID A2142034
Sold Date 10/21/24
Style Apartment
Bedrooms 1
Full Baths 1
Condo Fees $442/mo
Originating Board Central Alberta
Year Built 1992
Annual Tax Amount $1,172
Tax Year 2023
Property Description
Prime Lakeshore Drive condo with beautiful lake views – and pets and short-term rentals are welcome! Here’s your chance to own the perfect recreational, retirement or revenue property in Sylvan Lake, situated steps from the beach, shopping, restaurants and all the events and entertainment this popular beach town has to offer. The 2020 Reserve Fund Study resulted in multiple year assessments (all paid by seller) and an appropriate increase in condo fees ($442/month). This has resulted in a fully funded Reserve Fund that is in compliance with Reserve Fund Plan, and a sufficient Operating Fund to take care of monthly expenses. A professional Management company was retained in May 2024. There should be no surprises with this property! The living and dining area has five huge windows with wrap around views giving the impression of spaciousness and light. Upgrades in 2021 include paint, casings, bathroom tile, a combination of quartz and butcherblock countertops, light fixtures and blinds. Features include a shiplap feature wall, vinyl plank flooring, and a trendy barn door leading to a large in-suite laundry and storage room. Large bedroom with another view window and ample closet space will accommodate a king-sized bed. The recently renewed covered underground parking space completes the package. Enjoy the covered patio for morning coffee and people watching. Directly across the street you’ll find the marina, Rotary Lighthouse Park and the popular Farmers Market every Friday. Enjoy miles of walking paths along the lake. Sylvan Lake is a four-season town with events and activities happening every month of the year.
Location
Province AB
County Red Deer County
Zoning LC
Direction NW
Interior
Interior Features Vinyl Windows
Heating Baseboard, Natural Gas, Radiant
Cooling None
Flooring Vinyl, Vinyl Plank
Appliance Dishwasher, Electric Range, Microwave Hood Fan, Washer/Dryer Stacked
Laundry In Unit
Exterior
Garage Carport, Covered, Parkade
Garage Spaces 1.0
Garage Description Carport, Covered, Parkade
Community Features Golf, Lake, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths
Amenities Available None
Roof Type Asphalt Shingle
Porch Deck
Exposure NW
Total Parking Spaces 1
Building
Story 3
Foundation Poured Concrete
Architectural Style Apartment
Level or Stories Single Level Unit
Structure Type Concrete,Vinyl Siding,Wood Frame
Others
HOA Fee Include Caretaker,Common Area Maintenance,Heat,Parking,Professional Management,Reserve Fund Contributions
Restrictions Pets Allowed,Short Term Rentals Allowed
Tax ID 84872170
Ownership Private
Pets Description Yes
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