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Reduced $20,000 (4%) from $525,000
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153 Chelsea Drive
Beds
3
Baths
3 full + 1 half
Sqft
1,620
Year
2021
Type
Single Family
On market
14d
Here’s a great opportunity to become the new owner of this amazing half duplex, located in the sought after community of Chelsea.Your future home comes with a LOT of upgrades and is perfect for a family or investment. Here are 7 MAIN REASONS YOU SHOULD BUY THIS HOME: 1) Central air conditioning- awesome feature for the hot summer months. 2) Oversized garage, 20’ x 24’ (extra long) which means more room for your cars and extra stuff you have. It also comes with a fancy WI-FI garage opener. 3) Maintenance free backyard - concrete surface throughout the whole backyard space. This is a great place to hang out with friends and family, and no need to mow the grass! 4) State of the art CHEF’S KITCHEN which offers extra high (to the ceiling) cabinets, upgraded backsplash tile, quartz countertops, an island, and stainless steel appliances (including a GAS STOVE!). 5) Durable vinyl plank flooring throughout the whole house on both levels, which means LESS DUST! 6) Gorgeous master bedroom with a walk in closet and mind blowing 5PC ENSUITE with a STANDALONE BATHTUB (you’ll love it!!!). There’s also extra high ceiling in the master bedroom! 7) As a bonus, you will get 6 service visits from a lawn care company to mow your front lawn this summer. The seller has just pre-paid for it, so it’s absolutely free for you!Do you see how this is the best house for you and your family???! On top of all of the benefits listed above, please note that the house offers an open layout on the main floor with a large living room space, kitchen and 2PC bathroom; and the upper floor comes with 3 bedrooms/2 full bathrooms and a laundry room. The basement is unfinished and is awaiting your creative ideas - it has the ROUGH-INS for your future bathroom! Dear buyer, this home has been EXTREMELY WELL MAINTAINED, so you will fully enjoy living here. The location is super convenient - 2 blocks away from a new upcoming school and 3 existing schools, Chestermere Lake and playground. Easy access to Calgary, YYC, Deerfoot and the Ring Road. Make an appointment to see this beautiful home now!!! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Storage | 37.75 Ft x 17.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.75 Ft x 5.58 Ft | |
| Dining room | 10.25 Ft x 15.17 Ft | |
| Kitchen | 15.33 Ft x 12.75 Ft | |
| Living room | 13.42 Ft x 14.92 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 9.00 Ft | |
| 5pc Bathroom | 8.92 Ft x 9.00 Ft | |
| Bedroom | 10.58 Ft x 9.83 Ft | |
| Bedroom | 14.08 Ft x 9.00 Ft | |
| Primary Bedroom | 11.42 Ft x 13.50 Ft | |
| Other | 10.00 Ft x 5.25 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
-7.02%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,147
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 4, 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.