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Sylvan Lake · Single Family · under $625,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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5 Westwood Crescent
Welcome to this beautifully updated 5-bedroom bungalow, ideally situated on a quiet crescent just minutes from the lake. Offering a bright, modern open-concept layout, this home is perfect for families looking for both comfort and functionality.The main floor features a spacious living room with a cozy gas fireplace, a formal dining area, and a renovated kitchen complete with white cabinetry, granite countertops, a large island with an eating bar, and stainless steel appliances. Three bedrooms are located on the main level, including a generous primary suite with a walk-in closet and an updated ensuite featuring a tiled shower. Convenient Laundry Hook-Up Upstairs or downstairs!The fully finished basement provides exceptional additional living space with a large family room, two more good-sized bedrooms, a 3pc bathroom, and a dedicated bonus theatre room—perfect for movie nights, entertaining, or creating the ultimate recreation space.Recent updates include new shingles & eavestroughs (2020), AIR CONDITIONING (2025) New Flooring and Paint in Basement (2025), Washer/Dryer (2024) and the complete replacement of all Poly-B plumbing, providing added peace of mind for the new owners.Outside, you'll appreciate the large composite deck, spacious backyard with shed and privacy wall, and the fully finished, HEATED 20' x 24' DETACHED GARAGE.Located in a desirable neighbourhood close to the lake, parks, and recreational amenities, this move-in-ready home offers the perfect blend of modern updates, generous living space, and an unbeatable location. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 26.67 Ft x 13.08 Ft | |
| Bedroom | 15.17 Ft x 14.67 Ft | |
| 3pc Bathroom | — | |
| Media | 19.17 Ft x 14.50 Ft | |
| Bedroom | 15.50 Ft x 14.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.00 Ft x 10.33 Ft | |
| Dining room | 10.58 Ft x 17.00 Ft | |
| 3pc Bathroom | 7.17 Ft x 4.92 Ft | |
| Kitchen | 8.58 Ft x 18.58 Ft | |
| Bedroom | 9.08 Ft x 9.83 Ft | |
| Primary Bedroom | 12.00 Ft x 12.83 Ft | |
| 4pc Bathroom | 5.58 Ft x 7.58 Ft | |
| Living room | 19.67 Ft x 26.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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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
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Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.32%
Cap rate
4.60%
GRM
13.9
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.
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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 Jul 10, 2026.
Buyer-fit signals
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Location of this listing. Distances are straight-line.
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