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Sylvan Lake · Single Family · under $675,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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5016 34 Street
A rare opportunity in Sylvan Lake’s iconic Cottage Area—where charm, location, and lifestyle come together. Just steps from the beach, lakefront pathways, downtown shops, restaurants, and everything that makes Sylvan Lake so special, this beautifully designed 3 bedroom, 3 bathroom home is tucked into one of the community’s most coveted neighborhoods. From the moment you arrive, you’ll appreciate the incredible functionality this property offers—complete with an attached garage, rear alley access, RV parking, and extensive off-street parking... a true rarity in the Cottage Area. Inside, the home offers a bright and welcoming layout with spacious living areas designed for both entertaining and everyday comfort. The primary retreat is a standout feature, offering a private 4-piece ensuite plus direct access to the backyard—your own peaceful escape after a day at the lake. Upstairs, two additional bedrooms provide room for family or guests, while the impressive third-floor loft adds a whole new level of versatility. Whether you envision a media room, games space, kids’ retreat, home office, guest hideaway, or creative studio—this incredible bonus space adapts to your lifestyle. Outside, enjoy the privacy and convenience of your own yard with rear lane access, plenty of room for vehicles, lake toys, and guests. Properties offering this much flexibility, parking, and living space in Sylvan Lake’s most sought-after neighborhood are a rare. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 13.70 Ft x 13.40 Ft | |
| Kitchen | 12.00 Ft x 17.50 Ft | |
| Living room | 16.00 Ft x 13.80 Ft | |
| 4pc Bathroom | — | |
| Primary Bedroom | 13.90 Ft x 13.20 Ft | |
| 2pc Bathroom | — | |
| Laundry room | 9.60 Ft x 8.11 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.00 Ft x 13.10 Ft | |
| Bedroom | 13.70 Ft x 10.00 Ft | |
| Other | 8.60 Ft x 5.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 12.00 Ft x 26.00 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).
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 Jul 3, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.