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114, 100 Lakeway Boulevard
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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 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 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. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.58 Ft x 5.00 Ft | |
| 4pc Bathroom | 8.33 Ft x 4.92 Ft | |
| Den | 12.17 Ft x 11.00 Ft | |
| Bedroom | 11.33 Ft x 10.83 Ft | |
| Primary Bedroom | 12.08 Ft x 15.83 Ft | |
| Dining room | 11.17 Ft x 9.17 Ft | |
| Kitchen | 11.33 Ft x 8.25 Ft | |
| Living room | 12.50 Ft x 13.25 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
6.85%
Cap rate
6.23%
GRM
11.0
Break-even rent
$1,600
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 Jun 11, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.