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New buildInvestment signal

$629,900

122 Waterstone Way

Save this home

Beds

3

Baths

3

Sqft

Year

2026

Type

Single Family

Suite

Suite potential

Location nearby

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.

About this home

Welcome to Waterford Estates, one of Chestermere’s most sought after new communities. Built by Paramount Homes, this brand new duplex blends modern design with thoughtful functionality, making it an ideal choice for families. The open concept main floor is filled with natural light and features a stylish living room with a contemporary fireplace, a beautifully appointed kitchen with quartz countertops, sleek cabinetry, and a walk-in pantry, along with a full bathroom and a versatile main floor office or flex space. Upstairs, you’ll find a spacious bonus room, convenient upper floor laundry, and three well sized bedrooms, including a luxurious primary retreat complete with a spa inspired ensuite and walk-in closet. The undeveloped basement, featuring a separate side entrance, offers excellent flexibility for future development or additional living space. A secondary suite would be subject to approval and permitting by the municipality. Finished with a double attached garage and ideally located near parks, schools, shopping, and the scenic shores of Chestermere Lake, this home delivers the perfect balance of comfort, style, and long term value. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Waterford Estates
Common interest
Freehold
Living area
2,142 square feet
Lot size
7.25 square meters
Lot dimensions
7.25
Bedrooms
3 above grade, 0 below grade
Parking
2 total
Stories
2
Fireplace
1
On market
Apr 10, 2026
Status changed
Apr 24, 2026
Zoning
R-2
Photos
29
MLS#
A2297783
Area
CHESTERMERE

Features and systems

Parking

Attached Garage

Basement

UnfinishedFullSeparate entrance

Appliances

RefrigeratorStove

Heating

Forced air

Cooling

None

Construction

Wood frame

Flooring

TileCarpetedVinyl Plank

Foundation

Poured Concrete

Lot

Gas BBQ Hookup
Negative cash flow ~$717/mo at these assumptions

Cash on cash

-6.83%

Cap rate

3.50%

GRM

16.7

Break-even rent

$3,905

Financing

Down payment$125,980
Loan amount$503,920
Mortgage$2,553/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$289
Insurance$80
Maintenance$525
CapEx reserve$262
Vacancy loss$158

Estimates 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.

Mortgage estimate

Estimated $2,553/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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