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Investment signal

$259,900

114, 100 Lakeway Boulevard

Beds

2

Baths

2

Sqft

Year

2006

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to Unit 114 at 100 Lakeway Boulevard—an inviting ground-floor condo offering comfort, convenience, and easy access to everything lake living has to offer. This well-designed unit features a functional open-concept layout that maximizes space and natural light, creating a warm and welcoming atmosphere from the moment you step inside. The kitchen offers ample cabinetry, workspace, and a convenient eating bar, flowing seamlessly into the dining and living areas—perfect for both everyday living and entertaining. Upgrades include newer flooring, newer fridge, dishwasher, washer & dryer and marble fireplace and some new lighting. The living room opens to a nice patio, ideal for enjoying your morning coffee or unwinding at the end of the day. This unit offers 2 spacious bedrooms plus a versatile den/flex room, perfect for a home office, guest space, or hobby area. The primary bedroom includes its own 4-piece ensuite, complemented by an additional 4-piece main bathroom, providing comfort and convenience throughout the home.Residents also have access to a well-equipped gym/fitness area, making it easy to stay active without leaving the building.Located in Sylvan Lake, this property allows you to enjoy all that this growing lakeside community has to offer. Sylvan Lake combines the charm of lake living with a thriving community of amenities. Enjoy year-round recreation from boating and paddleboarding in the summer to ice fishing and skating in the winter. With a variety of restaurants, shopping, walking trails, and community events, there’s something for everyone. Plus, you’re just a short drive to Red Deer, making commuting or accessing additional services quick and convenient.Whether you’re looking for a weekend getaway, an investment property, or a place to call home, this condo offers exceptional value in a fantastic location. One pet is allowed; see restrictions. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Lakeway Landing
Common interest
Condo/Strata
Living area
1,090 square feet
Bedrooms
2 above grade, 0 below grade
Parking
2 total
Condo/HOA fee
$543.78 monthly
Stories
4
Fireplace
1
On market
Mar 20, 2026
Status changed
Apr 13, 2026
Annual tax
$2,060 (2025)
Zoning
R3
Photos
25
MLS#
A2293600
Area
SYLVAN_LAKE

Features and systems

Parking

Underground

Appliances

RefrigeratorDishwasherStoveMicrowave Range Hood ComboWasher/Dryer Stack-Up

Heating

Baseboard heaters

Cooling

None

Exterior

Vinyl siding

Flooring

Laminate

Lot

Parking

Community

Pets Allowed With Restrictions

Fee includes

Common Area MaintenanceProperty ManagementWaste RemovalGround MaintenanceHeatWaterParkingReserve Fund ContributionsSewer
Positive cash flow ~$5/mo at these assumptions

Cash on cash

0.13%

Cap rate

5.91%

GRM

11.4

Break-even rent

$1,894

Financing

Down payment$51,980
Loan amount$207,920
Mortgage$1,276/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$119
Insurance$80
Maintenance$217
CapEx reserve$108
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sylvan Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,276/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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