EAST CHESTERMERE

291 East Chestermere Drive , Chestermere, AB

$1,299,900

Residential · MLS® A2305396

5Bedrooms

4Bathrooms

2,019.5Sq Ft

2Garage

1992Year Built

02 / Overview

PROPERTY OVERVIEW

Welcome to 291 East Chestermere Drive, an exceptional lakefront residence offering a rare opportunity to own directly on Chestermere Lake complete with it's own private dock! Set on an impressive lakefront lot, this home is designed to take full advantage of its setting, with sweeping west and south views of the Lake along with stunning sunsets! Multiple outdoor living areas, including an upper balcony, a covered walk-out patio, and lake facing yard space, create an incredible indoor-outdoor lifestyle. The main...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area2,019.5 sq ft

Lot Size14,579 sq ft

ZoningRL

HeatingBoiler • In Floor • Fireplace(s) • Forced Air

CoolingCentral Air

ParkingDouble Garage Attached

ExteriorDock • Private Yard

BasementFull

Year Built1992

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,057After mortgage & expenses

Cap Rate2.6%Based on market rents

Cash on Cash Return-9.5%With 20% down payment

Est. Monthly Rent$3,784Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

EAST CHESTERMERE

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Investment ScoreN/A

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Active ListingsN/A

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Listed by Karen Gonzales · Stonemere Real Estate Solutions