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382 Marina Bay Place
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Sylvan Lake · Single Family · under $1,300,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Experience true lakefront living in one of Sylvan Lake’s most coveted communities. Welcome to 382 Marina Bay Place, a beautifully developed two-storey home offering 2,261 sq ft of living space and 50 feet of unobstructed waterfront. With direct lake access and exclusive community amenities, this property delivers the true lake lifestyle. From the moment you step inside, the lake becomes the backdrop to everyday life. Expansive windows fill the main floor with natural light, while open concept living spaces create a warm, inviting atmosphere. The kitchen features light wood cabinetry, newer stainless steel appliances, pantry and a large island with raised eating bar. The dining area flows seamlessly to the outside tiered deck overlooking the water. With a gas line for your BBQ or heater, this outdoor space is built for year-round enjoyment. The two storey living room with gas fireplace and floor to ceiling windows anchors the main floor. Wake up to serene lake views in the spacious primary suite, complete with a walk-in closet and a luxurious four piece ensuite featuring a jet tub, make up vanity, and separate shower. Two piece bathroom and laundry room complete the main floor. Head up to the upper level which offers two additional bedrooms, four piece bathroom and bonus room with expansive lake views. The lower level crawl space has 6' ceilings, mechanical area, cold storage/wine room and additional storage. Attached double garage is insulated and has been completed with epoxy floors. Step outside to the beautifully landscaped yard with stone patio, garden beds and of course direct access to the lake. Underground sprinklers in the front yard make watering a breeze. Whether you’re launching your paddleboard, enjoying sunset views, or relaxing on the front covered porch overlooking the green space, this property captures the essence of living at the lake. Residents of Marina Bay enjoy access to the private clubhouse, tennis courts, marina & boat launch, storage yard , walking paths and green spaces. All just minutes from Sylvan Lake’s beach, restaurants, and vibrant downtown. It's time to make that dream of lake living your reality! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| 4pc Bathroom | — | |
| Dining room | 10.75 Ft x 12.08 Ft | |
| Kitchen | 15.33 Ft x 13.42 Ft | |
| Laundry room | 8.00 Ft x 8.00 Ft | |
| Living room | 23.33 Ft x 16.92 Ft | |
| Primary Bedroom | 14.50 Ft x 13.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 15.42 Ft x 13.00 Ft | |
| Bedroom | 17.00 Ft x 13.25 Ft | |
| Bonus Room | 14.50 Ft x 13.08 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
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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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).
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 29, 2026.
Location of this listing. Distances are straight-line.
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