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37 Lindman Close
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Beds
4
Baths
4 full + 1 half
Sqft
1,613
Year
2003
Type
Single Family
On market
32d
Welcome to 37 Lindman Close — a beautifully maintained home tucked away on a quiet close in the desirable community of Lakeway Landing in Sylvan Lake. Offering a functional layout, inviting living spaces, and thoughtful design throughout, this property is perfect for families. Step inside to discover a bright and open main floor featuring a spacious living area, well-appointed kitchen, and comfortable dining space ideal for entertaining or everyday living. Large windows fill the home with natural light while creating a warm and welcoming atmosphere. The upper level offers 3 spacious bedrooms and 2 bathrooms, including a comfortable primary bedroom with a 4 piece ensuite. The two additional upstairs bedrooms are connected by a convenient Jack and Jill bathroom, creating the perfect setup for families or guests. Downstairs, the fully developed basement adds even more living space with an additional bedroom, a full 4-piece bathroom, and a large rec room — perfect for movie nights, a play area, home gym, or hosting guests. Outside, enjoy a nice sized yard with room to relax, entertain, or enjoy summer evenings with family and friends. The heated garage adds year-round comfort and convenience, ideal for Alberta winters, extra storage, or a workshop space. Located close to parks, walking trails, schools, shopping, and all the amenities Sylvan Lake has to offer, this home combines small-town charm with modern convenience. Whether you're looking for your first home, your next family home, or an investment opportunity, this property is one you won’t want to miss. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 14.58 Ft x 18.00 Ft | |
| Bedroom | 13.08 Ft x 12.75 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Other | 7.00 Ft x 12.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.92 Ft x 13.92 Ft | |
| Kitchen | 13.33 Ft x 14.00 Ft | |
| Dining room | 8.00 Ft x 11.00 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.17 Ft x 14.33 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 13.25 Ft x 10.92 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 9.42 Ft x 8.92 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
-5.91%
Cap rate
3.68%
GRM
16.1
Break-even rent
$3,480
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 12, 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.