11 Ian WAY Sylvan Lake, AB t4s0t6
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,065 sqft
Price per Sqft $407
Subdivision Iron Gate
MLS® Listing ID A2246152
Style Bi-Level
Bedrooms 3
Full Baths 2
Year Built 2022
Lot Size 4,221 Sqft
Acres 0.1
Property Sub-Type Detached
Property Description
Step inside and feel right at home with the open-concept floor plan and its impressive 9-foot ceilings. The living space is perfectly designed for both quiet nights in and lively gatherings. The kitchen is the heart of the home, featuring a stylish granite island, a spacious pantry, and a full suite of stainless steel appliances, making it a joy to cook and entertain. From the kitchen, a garden door invites you out to a private 12x13 deck, your perfect spot for morning coffee, summer barbecues, or simply enjoying the fresh air.
The main floor offers a serene escape with a spacious master bedroom, complete with a walk-in closet and a luxurious 4-piece ensuite. Two additional bedrooms and another 4-piece bathroom provide comfort and privacy for family or guests. All bedrooms are finished with plush carpeting, creating a cozy and warm feel.
Outdoors, the deep lot is a blank canvas for your dreams, with plenty of room to build a double detached garage. A convenient 2-car rear gravel parking pad and paved alleys are already in place, and the front yard is complete with sod. For added peace of mind and convenience, this home also includes a washer and dryer, roughed-in under-slab heat in the basement, and roughed-in central vacuum.
Ready for the next chapter? This home is ready to grow with you. The basement is perfectly prepped and roughed-in for future development, giving you the exciting potential to add a large living room, two more bedrooms, and a 4-piece bathroom. It's a versatile space just waiting for your personal touch.
An Investor's Dream in Sylvan Lake!
Beyond its charm, this property represents a compelling investment opportunity in a vibrant market. Sylvan Lake's strong appeal as a year-round destination drives demand for both short-term vacation rentals and stable long-term leases. The home's ideal location, just blocks from the lake, is a key selling point for attracting guests and tenants.
With its functional layout and included appliances, this home is ready for immediate possession, allowing for instant rental income. The potential to easily add two bedrooms and a bathroom in the basement is a significant value-add, giving you the power to maximize your rental yield. Whether you're looking to build a long-term rental portfolio or capitalize on the lucrative short-term seasonal market, this property offers a fantastic return on investment potential.
Please note: basement developments must be permitted by the Municipality of Sylvan Lake.
Location
Province AB
County Red Deer County
Zoning R5
Direction SE
Rooms
Basement Full, Partially Finished
Interior
Interior Features High Ceilings, Kitchen Island, Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan, Vinyl Windows, Walk-In Closet(s)
Heating Central, High Efficiency, In Floor Roughed-In, Natural Gas
Cooling None
Flooring Carpet, Vinyl Plank
Appliance Humidifier, Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer
Laundry Electric Dryer Hookup, Lower Level, Washer Hookup
Exterior
Exterior Feature BBQ gas line
Parking Features Alley Access, Off Street, On Street, Parking Pad, Rear Drive
Fence Partial
Community Features Lake, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Balcony(s), Front Porch
Lot Frontage 34.0
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard, City Lot, Front Yard, Rectangular Lot
Dwelling Type House
Foundation Poured Concrete
Architectural Style Bi-Level
Level or Stories Bi-Level
Structure Type Concrete,Mixed,Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 101347935
Virtual Tour https://unbranded.youriguide.com/11_ian_way_sylvan_lake_ab/