We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Swipe through similar matches — tap the heart to save, or open one for the full read.
23 Bowman Circle
Beds
5
Baths
3 full + 1 half
Sqft
1,960
Year
2013
Type
Single Family
On market
102d
Welcome to your forever home in the heart of Sylvan Lake. This impeccably maintained, 5-BEDROOM custom-built residence offers about 3000 square feet of fully finished living space, combining high-end luxury with industry-leading efficiency.Built with an ICF (Insulated Concrete Form) foundation, this home is designed for the Alberta climate. This means superior energy efficiency, significantly lower utility bills, and a basement that stays remarkably warm and quiet year-round. Say goodbye to damp, cold lower levels and hello to a rock-solid, eco-friendly fortress.The open-concept main floor is anchored by a chef-inspired kitchen featuring gleaming quartz countertops, premium stainless appliances, and sophisticated built-in cabinetry. Organization is effortless with a large WALK-THROUGH pantry that connects directly to the mudroom, making grocery runs from the garage a breeze. A stylish powder room completes the main level, ideal for guests.The Primary RetreatThe upper-level primary suite is a true sanctuary. Pamper yourself in the spa-like ensuite, complete with luxury in-floor heating, a modern free-standing tub, and a sleek walk-in shower. It’s the perfect place to unwind after a long day.Fully Finished Lower LevelThe basement isn't just "finished"—it's an extension of the home’s luxury. Featuring in-floor heating to keep things cozy during winter months, this space offers two additional large bedrooms and a spacious family room, perfect for movie nights or a dedicated play area.Exterior & LocationThe garage is also equipped with in-floor heating, a dream for any hobbyist or for those frosty morning commutes. The property backs directly onto an elementary school, providing a massive, unobstructed "backyard" view and the ultimate convenience for families with young children—watch the kids walk to school from your back deck!Key Features at a Glance:•5 Bedrooms / [X] Bathrooms•ICF Foundation: High R-value and structural integrity.•Triple-Zone In-Floor Heat: Garage, Basement, and Ensuite.•Quartz countertops throughout the kitchen•Chef’s Pantry: Walk-through access from the garage.•Prime Location: Steps from the school and minutes from the lake.This is a rare opportunity to own a high-performance custom home in one of Sylvan Lake's most sought-after family locations. Move-in ready and built to last a lifetime. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.11 M x 17.60 M | |
| Bedroom | 11.40 M x 10.10 M | |
| Bedroom | 9.70 M x 10.70 M | |
| Recreational, Games room | 25.11 M x 24.60 M | |
| Furnace | 8.10 M x 10.30 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 3.00 M x 7.70 M | |
| Dining room | 10.00 M x 14.10 M | |
| Kitchen | 13.30 M x 13.90 M | |
| Laundry room | 5.50 M x 6.40 M | |
| Living room | 14.10 M x 17.30 M | |
| Other | 7.00 M x 7.70 M |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.11 M x 10.90 M | |
| Bedroom | 13.10 M x 9.00 M | |
| Bedroom | 15.20 M x 9.70 M | |
| Primary Bedroom | 14.20 M x 14.40 M |
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
-1.16%
Cap rate
4.63%
GRM
13.9
Break-even rent
$4,136
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
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 May 24, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.