Active
WATERFORD ESTATES
424 Watercrest Place , Chestermere, AB
$1,299,999
Residential · MLS® A22931788Bedrooms
7Bathrooms
3,555.59Sq Ft
3Garage
2024Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this stunning triple car garage home with high-end finishes, offering over 3,600 sq. ft. of beautifully designed living space and featuring TWO illegal basement suites – both currently rented – providing excellent mortgage help or investment potential. This elegant property showcases a striking elevation and a glass-railed balcony across the front. The home offers 8 bedrooms and 6.5 bathrooms, including a main floor bedroom with a full ensuite, a powder room, two primary/master suites upstairs, two additional bedrooms...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area3,555.59 sq ft
Lot Size5,940 sq ft
ZoningR1
HeatingForced Air • Natural Gas
CoolingNone
ParkingTriple Garage Attached
ExteriorBalcony • BBQ gas line • Lighting • Private Yard
BasementFull
Year Built2024
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,613After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-12.1%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
WATERFORD ESTATES
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Investment ScoreN/A
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Listed by Kulwinder Gill · LPT Realty