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3417 Lakeshore Drive
Beds
4
Baths
6 full + 1 half
Sqft
2,044
Year
2021
Type
Single Family
On market
267d
Step into unparalleled lakeside elegance with this architecturally stunning, custom-built 2021 modern bungalow nestled on prestigious Lakeshore Drive in Sylvan Lake’s coveted Cottage Area. This 2,044 sq. ft. Fully developed masterpiece (on a spacious 5,662 sq. ft. lot) blends cutting-edge contemporary design with high-end finishes, delivering the ultimate in sophisticated lakeside living. With 4 bedrooms (including a main-floor master), 6 bathrooms (3 ensuites), and seamless indoor-outdoor flow, every detail has been meticulously crafted for comfort, entertaining, and effortless enjoyment of Alberta’s most desirable lakefront community. Imagine waking up to serene lake views and stepping straight onto walking paths that lead to pristine beachfront, vibrant downtown shops, and world-class dining – all just moments from your door. This home offers direct access to Sylvan Lake’s recreational paradise, including boating, swimming, and year-round community events. Whether you’re hosting sunset gatherings or enjoying quiet mornings by the water, this is lakeside living at its finest. Plus, a built-in boat slip and private entrance make waterfront adventures effortless. Inside, the open-concept design flows beautifully with high ceilings, vaulted accents, and premium flooring throughout. The chef’s kitchen is a showstopper – featuring top-of-the-line stainless steel appliances, expansive granite countertops, custom cabinetry, a large island, and a walk-in pantry. Perfect for culinary creations or casual family meals. A gas fireplace adds cozy ambiance to the living spaces, while in-floor heating keeps every room warm and inviting year-round. This isn’t just a home; it’s a fully integrated smart sanctuary. Enjoy **lighting control throughout** the entire property for effortless ambiance at the touch of a button or via app. Standout **built-in wave lighting** wraps around the home’s exterior, creating dramatic, customizable illumination that highlights the modern archit ecture by day or night. The home is pre-wired for **Sonos** with integrated speakers in key areas, delivering immersive audio for music, movies, or entertaining. High-efficiency HVAC, smart home integration, and wired-for-sound capabilities mean every convenience is at your fingertips – from climate control to entertainment systems. No detail was overlooked: wine storage tucked under the stairway, a wet bar, closet organizers, and a half-bath on the upper balcony for seamless hosting. The main-floor master suite offers a luxurious escape with its ensuite and walk-in closet. Three additional spacious bedrooms (each with ensuites) provide flexibility for family, guests, or a home office. A fully finished basement expands your living options with extra recreation or relaxation space. Outside, unwind on the balcony, fire up the built-in gas BBQ, or gather in the private yard – all enhanced by the home’s striking lighting features. Oversized double attached garage with refrigerator and room for 5 vehicles to (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 3.29 M x 5.21 M | |
| Recreational, Games room | 4.90 M x 6.82 M | |
| Laundry room | 3.26 M x 2.59 M | |
| Bedroom | 3.23 M x 3.77 M | |
| Bedroom | 4.14 M x 3.59 M | |
| Bedroom | 4.20 M x 3.32 M | |
| 4pc Bathroom | 3.71 M x 1.46 M | |
| 3pc Bathroom | 2.92 M x 1.46 M | |
| 3pc Bathroom | 1.49 M x 2.52 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.63 M x 4.84 M | |
| Kitchen | 4.81 M x 5.69 M | |
| 2pc Bathroom | 2.07 M x 1.76 M | |
| Foyer | 2.25 M x 2.74 M | |
| Sunroom | 4.66 M x 10.60 M | |
| 4pc Bathroom | 2.80 M x 2.71 M | |
| Other | 2.83 M x 2.98 M | |
| Primary Bedroom | 4.51 M x 4.66 M |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 5.76 M x 5.73 M | |
| 3pc Bathroom | 1.95 M x 1.70 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
-0.65%
Cap rate
4.74%
GRM
13.9
Break-even rent
$10,698
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.
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 22, 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.