This four-storey low-rise apartment building at 4415 Lakeshore Drive in Sylvan Lake's Cottage Area, built in 1978, offers lakefront living steps from the beach and waterfront amenities. Recent sales have averaged around $283,000, with monthly condo fees of approximately $665. The building permits short-term rentals and Airbnb operations, making it attractive for investors seeking income potential. Units typically feature updated kitchens, renovated bathrooms, and balconies with lake views. Before committing to purchase, prospective buyers should retain a professional to review the reserve fund study, financial statements, board minutes, bylaws, and insurance details to assess the building's long-term maintenance obligations and governance.