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WEST CHESTERMERE DRIVE

760 West Chestermere Drive , Chestermere, AB

$1,398,800

Residential · MLS® A2314157
5Bedrooms
4Bathrooms
1,412.92Sq Ft
2Garage
1986Year Built
02 / Overview

PROPERTY OVERVIEW

LAKEFRONT LUXURY ON 0.42 ACRES!! TWO BASEMENT SECTIONS - WALKOUT 1-BED ILLEGAL SUITE + UPSTAIRS USE!! BACKING DIRECTLY ONTO CHESTERMERE LAKE!! OVERSIZED DOUBLE DETACHED GARAGE!! WALKOUT BUNGALOW!! 5 BEDROOMS & 3.5 BATHROOMS!! PRIVATE DOCK!! TWO NEW SHEDS!! This stunning lakefront bungalow offers an incredible combination of luxury, space, and breathtaking waterfront living. Situated on a massive 0.42 acre lot with a backyard that truly feels like your own private escape into nature, this home is designed to impress from the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,412.92 sq ft
Lot Size18,300 sq ft
ZoningRL
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorDock • Fire Pit
BasementFull
Year Built1986
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,042After mortgage & expenses
Cap Rate1.9%Based on market rents
Cash on Cash Return-13.1%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

WEST CHESTERMERE DRIVE

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Listed by Gary Banipal · Real Broker