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Reduced $70,000 (10%) from $695,000
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Sylvan Lake · Single Family · under $675,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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401, 5100 Lakeshore Drive
Discover refined lakefront living in this beautifully appointed end-unit residence, ideally situated along the shoreline in the vibrant heart of Sylvan Lake. Offering 2 spacious bedrooms and 2 bathrooms, this elegant home captures breathtaking views from the primary suite—where peaceful mornings begin with shimmering water and evenings end with stunning sunsets. Designed for seamless indoor-outdoor living, the expansive balcony provides a front-row seat to panoramic lake views, while floor-to-ceiling windows flood the interior with natural light and bring the beauty of the outdoors inside. The open-concept layout features a stylish gourmet kitchen, complemented by newer appliances (within the past 4 years), making it perfectly suited for both everyday living and entertaining. This exceptional property offers outstanding value with condo fees that include everything—heat, electricity, gas, water, internet, and cable—allowing for truly worry-free living. Additional features include two titled underground parking and storage unit, access to a well-equipped fitness room located on the third floor, and a shared common deck for residents to enjoy. Set in a premier downtown location, you’re just steps from the beach, boutique shopping, and an array of dining options. Whether as a full-time residence or a luxurious getaway, this home offers an unparalleled lifestyle defined by sophistication, convenience, and the beauty of lakefront living. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| 4pc Bathroom | — | |
| Bedroom | 14.83 Ft x 11.42 Ft | |
| Kitchen | 9.25 Ft x 16.08 Ft | |
| Living room | 15.50 Ft x 18.33 Ft | |
| Primary Bedroom | 18.50 Ft x 11.25 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.