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16 Peterson Way
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Beds
4
Baths
2
Sqft
1,001
Year
1998
Type
Single Family
On market
14d
Pierview is one of Sylvan Lake's most sought-after neighbourhoods, and this one is priced for a buyer with vision. Mature & friendly area, steps from the crosstown trails, walking distance to Steffie Woima Elementary, disc golf, and green space. The neighbours are the kind people stay for, and the large yard gives you room to make this property your own.Inside, an open layout with dark hardwood flooring sets a solid foundation. The main floor family room anchors the space with an oversized window and floor-to-ceiling fireplace, comfortable enough for quiet evenings and open enough to host a crowd. Three bedrooms on the main floor include a primary with cheater access to the main bath.The basement adds real function and flexibility. A fourth bedroom and full bathroom handle the practical side, while the lower family room gives you two distinct but open spaces, one for movies or the big game, and one to set up for games, play, or a workout area. A front-attached garage rounds out the package, a genuine rarity at this price point that keeps you warm and dry throughout Alberta seasons. Cosmetic updates along with a few required repairs will go a long way here. The lot, the layout, and the location are the kind of foundation worth investing in. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.58 Ft x 7.25 Ft | |
| Bedroom | 10.67 Ft x 15.92 Ft | |
| Recreational, Games room | 23.83 Ft x 17.33 Ft | |
| Furnace | 12.92 Ft x 13.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.42 Ft x 7.25 Ft | |
| Bedroom | 8.92 Ft x 11.75 Ft | |
| Bedroom | 10.08 Ft x 9.00 Ft | |
| Dining room | 12.25 Ft x 6.92 Ft | |
| Foyer | 5.83 Ft x 10.00 Ft | |
| Kitchen | 12.25 Ft x 8.58 Ft | |
| Living room | 14.25 Ft x 14.67 Ft | |
| Primary Bedroom | 12.33 Ft x 11.17 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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 2, 2026.
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.