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4300 Memorial Trail
Beds
6
Baths
5 full + 1 half
Sqft
3,535
Year
1997
Type
Single Family
On market
112d
Perched high on the south hill overlooking the charming town of Sylvan Lake, this magnificent property offers unparalleled luxury, breathtaking views and development opportunities. With over 5,000 square feet of living space, this grand estate features dramatic 22-foot cathedral ceilings and a stunning spiral staircase that sets the tone for the opulence within.The main level is a haven for culinary enthusiasts, boasting a chef's kitchen equipped with top-of-the-line appliances. The formal dining and living rooms are ideal for entertaining guests in style, while the cozy family room offers a great space for everyday living. Additionally, there is a main floor office for work or managing the home. Practical amenities abound, with a large back entryway featuring a locker room, laundry room, and a convenient 2-piece bathroom.Upstairs, you'll find four spacious bedrooms, two of which have ensuite bathrooms for added privacy and comfort. The primary suite is your personal sanctuary, featuring a dream ensuite with a soaker tub, steam shower, and walk-in closet. A loft area provides a serene space to relax and enjoy the panoramic views, and a stylish 5-piece bathroom serves the other bedrooms.The walkout basement offers two large bedrooms, one with a walk-in closet, and a full 4-piece bathroom. A kitchenette makes this space perfect for empty-nester parents. The entertainment hub includes a games area and a theatre setting perfect for movie nights.Garages and additional spaces are plentiful. The triple attached garage offers ample space for everyday parking. The detached shop is a massive 46 x 36 structure accommodating vehicles, boats or all your toys, and includes a recently added shop hoist. The shop also features a bonus mezzanine with a full kitchen, 4-piece bath, and a balcony overlooking the lake. There are options to convert the upper part of the detached shop into additional living space with board-in bedrooms, providing even more versatility. An additional 2 -piece bathroom and a stackable laundry unit in the main garage area adds even more convenience.The property has had numerous upgrades, ensuring modern comfort and efficiency. The garage floor was upgraded with an epoxy finish. Both the house and shop exteriors were painted and weather-sealed. All interior tiles were sealed and 2.5 bathrooms were recently renovated. Updated custom cabinetry and crown moldings are just a few of the upgrades that have been done. 70 Foot RV parking on west side of the shop with 30 amp plug Beyond the main house, this property offers potential for development with 10 lots or 6 executive lots that can be subdivided, totaling 2.99 acres in lot size on the perimeter of the Vistas.. SUBDIVISION is an option if INVESTMENT is what you seek. This estate offers a perfect blend of luxury, comfort, and functionality, making it a dream home for discerning buyers. Don’t miss the opportunity to own this extraordinary property with its unmatched views and top-of-the-line amenities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 19.58 Ft x 25.50 Ft | |
| Bedroom | 11.75 Ft x 13.42 Ft | |
| Bedroom | 10.42 Ft x 16.25 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Recreational, Games room | 21.67 Ft x 31.33 Ft | |
| Media | 14.92 Ft x 14.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 16.08 Ft x 16.67 Ft | |
| Dining room | 14.92 Ft x 17.50 Ft | |
| Breakfast | 11.50 Ft x 10.50 Ft | |
| Family room | 20.83 Ft x 16.42 Ft | |
| Office | 9.92 Ft x 11.67 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Family room | 14.92 Ft x 15.17 Ft | |
| Laundry room | 6.17 Ft x 10.33 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 23.17 Ft x 18.17 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 19.50 Ft x 11.17 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.08 Ft x 12.92 Ft | |
| Bedroom | 16.67 Ft x 13.75 Ft | |
| 3pc Bathroom | — |
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
-0.64%
Cap rate
4.74%
GRM
13.9
Break-even rent
$11,001
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 Jun 9, 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.