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Reduced $25,000 (3%) from $775,000
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1153 East Lakeview Road
Beds
5
Baths
3 full + 1 half
Sqft
1,267
Year
1970
Type
Single Family
On market
264d
Welcome to 1153 E Lakeview Road, a rare gem offering over 2,300 sq. ft. of developed living space on a sprawling 0.28-acre lot. Nestled at the end of a quiet road, this property boasts unparalleled privacy, breathtaking south-facing waterfront views, and stunning mountain vistas—making it the perfect retreat for those seeking tranquility and natural beauty.The main level features a bright and open living room with large windows that frame the incredible views, an adjoining dining area, and a well-sized kitchen with ample cabinets and counter space. Step out onto the expansive back deck, where you can entertain, relax, and soak in the serene surroundings of the water and mountains.Also on the main level, you’ll find three spacious bedrooms, including a primary suite with a private 2-piece ensuite, plus a full 4-piece bathroom. Wake up to the beauty of nature every day in this peaceful and secluded setting.The fully developed basement offers even more space and versatility, with two additional bedrooms, a large family room featuring a cozy stone wood-burning fireplace, a second dining/rec area, and a full 4-piece bathroom. This level previously housed a full kitchen, which can easily be reinstalled to create a secondary suite (subject to City’s approval) or wet bar. The basement also includes a laundry area, extra storage, and direct access to the oversized heated double garage with a separate panel.Set on a large, private lot surrounded by mature trees, this home offers a rare combination of space, seclusion, and stunning views. Whether you’re enjoying the peaceful waterfront, gazing at the mountains, or hosting friends and family on the deck, this property is a true sanctuary.Don’t miss your chance to own this one-of-a-kind home in a prime location. Schedule your viewing today and experience the beauty and privacy of 1153 E Lakeview Road for yourself! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 10.92 Ft x 5.17 Ft | |
| Bedroom | 10.92 Ft x 11.50 Ft | |
| Bedroom | 9.00 Ft x 11.50 Ft | |
| Dining room | 21.08 Ft x 9.42 Ft | |
| Family room | 18.25 Ft x 12.58 Ft | |
| Storage | 4.83 Ft x 4.67 Ft | |
| Furnace | 8.25 Ft x 5.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.00 Ft x 4.67 Ft | |
| 4pc Bathroom | 8.33 Ft x 6.42 Ft | |
| Bedroom | 10.50 Ft x 10.25 Ft | |
| Dining room | 10.33 Ft x 11.75 Ft | |
| Kitchen | 17.67 Ft x 11.75 Ft | |
| Living room | 18.92 Ft x 13.67 Ft | |
| Bedroom | 10.08 Ft x 10.25 Ft | |
| Primary Bedroom | 14.58 Ft x 11.33 Ft |
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
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,633
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 May 27, 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.