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Reduced $20,000 (3%) from $639,000
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31 Jarvis Bay Drive
Beds
4
Baths
2
Sqft
1,137
Year
1960
Type
Single Family
On market
81d
Nestled in the highly sought-after community of Jarvis Bay in Sylvan Lake, this charming lakefront home offers a rare opportunity to secure a prime property just steps from the beach. Situated directly across the street from the water, this 4-bedroom, 2-bathroom residence sits on a spacious lot, providing both immediate enjoyment and exceptional long-term investment potential.This well-maintained character home showcases pride of ownership throughout, offering a solid foundation for those looking to personalize, renovate, or enhance value over time. With its generous lot size and unbeatable location near the shoreline, the possibilities for upgrades or future redevelopment are endless.Whether you’re envisioning a full renovation, a seasonal retreat, or a year-round residence, this property is perfectly suited for buyers seeking a lakefront lifestyle with upside. Jarvis Bay is known for its peaceful atmosphere, proximity to Sylvan Lake amenities, and strong real estate demand—making this an ideal opportunity for investors or homeowners looking to build equity in a premier location.Enjoy morning walks along the beach, stunning lake views, and the convenience of being just minutes from downtown Sylvan Lake, all while benefiting from the privacy and charm of this established lakeside neighborhood.A rare chance to invest in lakefront real estate with both character and potential—this is Sylvan Lake living at its finest. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.50 Ft x 4.92 Ft | |
| Bedroom | 10.17 Ft x 9.83 Ft | |
| Bedroom | 14.67 Ft x 10.75 Ft | |
| Bedroom | 10.42 Ft x 10.25 Ft | |
| Recreational, Games room | 18.83 Ft x 12.92 Ft | |
| Furnace | 11.92 Ft x 11.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.92 Ft x 6.75 Ft | |
| Dining room | 11.58 Ft x 11.33 Ft | |
| Kitchen | 11.42 Ft x 13.33 Ft | |
| Living room | 19.50 Ft x 13.58 Ft | |
| Office | 5.75 Ft x 10.75 Ft | |
| Primary Bedroom | 11.33 Ft x 18.08 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 8, 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 Jarvis Bay. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.