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152 Waterstone Place SE
Beds
5
Baths
3
Sqft
1,751
Year
1992
Type
Single Family
On market
39d
Located on a quiet cul-de-sac and backing directly onto a pond with a water feature that connects to Nose Creek, this fully developed walkout bungalow offers over 3,200 sq.ft. of developed living space with frequent wildlife and a natural backdrop that’s difficult to replicate. The main floor features a bright, open layout with vaulted and 9’ ceilings, hardwood flooring, a formal dining area, and multiple living spaces that connect to the updated kitchen with granite countertops and stainless steel appliances, along with direct access to a full-width rear deck designed to take advantage of the west exposure and views. The upper level includes three bedrooms and two full bathrooms, including a primary suite with a renovated ensuite featuring dual vanities. The fully developed walkout level adds flexibility with a large recreation/media area, two additional bedrooms, a full bathroom, a spacious den well suited for a home office or exercise room, and excellent storage, with direct access to a lower patio and the landscaped and fenced backyard. Mechanical and capital improvements have been a clear focus, including two new furnaces and humidifier (2024), poly B replacement and bathroom renovations (2023), central air conditioning (2021), on-demand hot water (2019) and an underground sprinkler system (2022). Additional updates include new exterior doors including the front door (2025) and deck and patio doors (2019), updated kitchen appliances with fridge replaced in 2025, stove (2019) and dishwasher (2023). The double attached garage adds everyday convenience. Direct access to pathways along Nose Creek complete a well-maintained home in an established community with extensive green space. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 2.75 M x 1.70 M | |
| Bedroom | 3.27 M x 4.40 M | |
| Bedroom | 4.34 M x 3.14 M | |
| Den | 4.34 M x 3.51 M | |
| Laundry room | 2.83 M x 2.05 M | |
| Recreational, Games room | 10.46 M x 5.36 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 2.65 M x 1.54 M | |
| 4pc Bathroom | 3.64 M x 1.84 M | |
| Bedroom | 3.37 M x 2.92 M | |
| Bedroom | 3.39 M x 2.78 M | |
| Dining room | 4.05 M x 2.94 M | |
| Family room | 4.24 M x 5.65 M | |
| Kitchen | 3.95 M x 3.26 M | |
| Living room | 4.85 M x 3.88 M | |
| Primary Bedroom | 5.10 M x 4.20 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
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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
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Insurance estimate
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Commute
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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
-0.98%
Cap rate
4.67%
GRM
13.9
Break-even rent
$5,118
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 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Airdrie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.