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4727 44 Street
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Sylvan Lake · Single Family · under $400,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Dare To Compare! This charming and well maintained home is an excellent opportunity for first-time buyers, those looking to downsize, or investors seeking a revenue property. Numerous upgrades have been completed within the past five years, including new living room flooring (2026), a new countertop in the two piece bathroom (2026), chain link fencing (2021), replacement of the bathroom and hallway windows (2021), a new hot water tank (2023), central air conditioning (2023), a garage heater (2023), a new furnace (2025) and duct cleaning completed in 2025. A new sump pump will be included as a back up to the existing, fully functional sump pump system, providing added peace of mind for future owners. The upper level features two spacious bedrooms, both offering generous closet space. A third bedroom could easily be added on the lower level if desired. The main four piece bathroom is conveniently located on the upper floor near the bedrooms, while a two-piece bathroom serves the family room on the lower level. The kitchen is designed with functionality in mind, featuring oak cabinetry, ample counter space and storage - perfect for the chef in the family. Enjoy your morning coffee in the cozy breakfast nook, then unwind in the evening while taking in the beautiful sunsets from your living room. A valuable bonus is the four foot crawl space beneath the main level, providing extra additional storage. The oversized 20 x 28 garage is the perfect man cave or she-shed as it is heated and equipped with 220V power. Two man doors offer added convenience and easy access. Behind the garage you will find a storage shed and additional parking with space for a small RV or camper. Ideally located within walking distance to the beach and close to schools, public transit and shopping, this home offers comfort, convenience and exceptional value! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Family room | 17.00 Ft x 25.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.00 Ft x 14.00 Ft | |
| Kitchen | 9.00 Ft x 9.42 Ft | |
| Dining room | 8.00 Ft x 10.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Primary Bedroom | 12.00 Ft x 14.67 Ft | |
| Bedroom | 9.00 Ft x 13.00 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
-6.59%
Cap rate
3.55%
GRM
16.2
Break-even rent
$2,328
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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.
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 11, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.