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Sylvan Lake · Single Family · under $925,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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1 Rosewood Rise
Originally built as a Sylvan Lake Stars lottery home, 1 Rosewood Rise brings a level of finish that doesn't show up in your average 2,528 sqft 2-storey. Set on a 7,300 sqft corner lot in established Ryders Ridge, this four-bedroom, three-and-a-half-bath home was designed to entertain and built to last. Step into a tiled entry with bench seating and a convenient powder room — plus direct access to the heated double attached garage. The kitchen is the heart of the home: two-tone cabinetry, panel-front built-in fridge and freezer, gas range with statement vent hood, full quartz counters, oversized island with eating bar, and a butler's pantry that keeps everything organized. The dining room handles a large table with ease, with patio doors opening to the back deck. The living room is anchored by a gas fireplace, and the grand split staircase leads up to a generous bonus room with built-in cabinetry. The primary suite is the retreat you'll look forward to every night — walk-in closet plus a spa-style ensuite with white marble tile, glass walk-in shower, freestanding soaker tub, dual vanities and a makeup table. Two more bedrooms and a full bath complete the upper level. The fully finished basement is built to the same standard: heated hardwood and tile floors, wet bar with quartz counters, oversized rec room, fourth bedroom, three-piece bath, and dedicated storage. Outside, the fully fenced corner lot includes mature trees, raised garden beds, paving stones, a deck overlooking the yard, hot tub (sold as-is), and a dedicated firepit area. Heated double attached garage, central A/C, gas range, gas fireplace, water softener, wired for smart home tech. Walk to schools, parks, shopping. Minutes to the lake. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.67 Ft x 12.33 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Laundry room | .00 Ft x .00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.58 Ft x 17.17 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 13.58 Ft x 10.00 Ft | |
| Bedroom | 13.67 Ft x 10.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,239
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 3, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.