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101 Dawson Drive
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Beds
4
Baths
3
Sqft
1,742
Year
2022
Type
Single Family
On market
19d
Welcome to this exceptional opportunity in the highly sought-after lake community of Chestermere, Alberta. This beautifully maintained home offers a perfect blend of modern comfort, functional design, and outstanding long-term value in one of the fastest-growing communities just minutes from Calgary.Featuring a bright and open-concept layout, the main level is designed for both everyday living and entertaining. Large windows fill the home with natural light, creating a warm and inviting atmosphere throughout. The spacious living area flows seamlessly into the dining space and a well-appointed kitchen with ample cabinetry and counter space, making it the heart of the home.The upper level offers well-sized bedrooms, including a comfortable primary retreat designed for relaxation. Additional bedrooms provide flexibility for family, guests, or home office use. The home is thoughtfully laid out to maximize space, comfort, and functionality for a variety of lifestyles.Located in the vibrant community of Chestermere, residents enjoy access to Chestermere Lake, parks, playgrounds, schools, shopping, dining, and essential services—all within minutes. Quick access to Calgary via major roadways makes commuting convenient while still enjoying a quieter suburban lifestyle.INVESTOR ALERT: Strong rental demand, limited supply, and continuous community growth make this an excellent long-term investment opportunity. Chestermere’s lake lifestyle, proximity to Calgary, and ongoing development support strong appreciation potential and stable rental income prospects.Don’t miss your chance to own in one of Alberta’s most desirable lake communities—book your private showing today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 7.70 M x 7.20 M | |
| Kitchen | 12.11 M x 15.00 M | |
| Bedroom | 10.10 M x 10.10 M | |
| Pantry | 5.80 M x 4.40 M | |
| Living room | 19.10 M x 14.10 M | |
| Other | 7.80 M x 5.50 M | |
| 3pc Bathroom | 8.50 M x 5.50 M |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Other | 5.10 M x 8.40 M | |
| 4pc Bathroom | 5.10 M x 8.10 M | |
| Bedroom | 10.30 M x 13.30 M | |
| Laundry room | 7.50 M x 5.90 M | |
| Primary Bedroom | 12.50 M x 14.10 M | |
| 3pc Bathroom | 5.11 M x 8.90 M | |
| Bedroom | 10.40 M x 11.10 M | |
| Family room | 13.11 M x 17.70 M |
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).
Cash on cash
-6.81%
Cap rate
3.50%
GRM
16.7
Break-even rent
$4,027
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 Jun 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chestermere. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.