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5028 Lakeshore Drive
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Beds
4
Baths
2
Sqft
1,753
Year
2007
Type
Single Family
On market
39d
Welcome to the charm and character of this lovely lake home; a rare opportunity for an incredible real estate investment. The location is ideal, just steps from the sandy shores of Sylvan Lake. Spend your free time strolling down Lakeshore Drive, dine at the delicious local restaurants, or just sit and watch a wonderful sunset. The front of this fabulous two-story features a symmetrical design showcasing dormer windows and classic curb appeal. Greet your guests with an invitation onto the expansive veranda that leads to the large entryway. Once inside you will enjoy the open floor plan and rustic plank flooring throughout. The large living room offers the cozy comfort of a beautiful gas fireplace and beams of natural light through the pretty picture window. This main level boasts two generous bedrooms and a 4-piece bathroom. The kitchen features warm wood cabinetry with a peninsula prep space and newer appliances. Enjoy dining inside or lounging on the large rear veranda during those warm summer evenings. The backyard provides plenty of space for entertaining and play with partial fencing and a tiered patio. The double detached garage offers shelter for your vehicles and storage for lawn equipment. Back inside, head up the handsome open staircase and admire the 12-foot vaulted ceilings of the second level. The primary bedroom is spacious and spectacular with angled accents of the ceiling and wonderful views of the lake! The second bedroom boasts the same eye-catching charm. A 3-piece bathroom and open gallery completes this upper space. All bedrooms offer blackout blinds or curtains, perfect for privacy and sleepy mornings. Central AC keeps this home comfortable during the hot summer days. The partially finished basement awaits your final touches. There are larger-capacity laundry units in the basement and also a laundry centre on the main level for convenience. This home has been operated as a successful, licensed vacation rental since 2023; rated "Top 5% loved by guests"! (Furniture and guest amenities negotiable.) Begin your lake lifestyle today—or take advantage of this incredible revenue opportunity! (31990570) (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17.00 Ft x 17.17 Ft | |
| Dining room | 8.75 Ft x 9.75 Ft | |
| Kitchen | 9.33 Ft x 9.75 Ft | |
| Bedroom | 10.83 Ft x 13.25 Ft | |
| Bedroom | 11.08 Ft x 10.75 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.17 Ft x 19.00 Ft | |
| Primary Bedroom | 15.50 Ft x 18.83 Ft | |
| 3pc Bathroom | .00 Ft x .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).
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 May 29, 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.