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Chestermere · Single Family · under $1,025,000 · 4+ bed · 4+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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16 Waterford Place
Luxury custom-built two-storey home in sought-after Waterford, Chestermere, offering over 3,144 sq ft of developed living space on an exclusive street with only five single-family homes, backing directly onto farmland with unobstructed Rocky Mountain views and exceptional privacy. Designed to impress, this home features an open-to-above living room with soaring ceilings and oversized windows that fill the space with natural light and capture panoramic west-facing views. The chef-inspired kitchen is beautifully appointed with a large central island, premium finishes, extensive cabinetry, and generous prep space, complemented by a spice kitchen for added functionality and ease when entertaining. The main floor includes a bedroom with walk-in closet and full ensuite, ideal for multi-generational living or guests, along with a dedicated home office and convenient powder room. Upstairs, you’ll find four additional bedrooms, including a spacious primary retreat with walk-in closet and luxurious spa-like ensuite featuring dual vanities, freestanding soaker tub, and glass shower, plus a second bedroom with its own private ensuite, a large bonus room perfect for family living, and upper-level laundry for everyday convenience. Additional features include a triple attached garage with ample storage, an unfinished basement with separate entrance and dedicated furnace offering excellent potential for a future legal suite or income-generating opportunity, and high-end finishes throughout. Ideally located in one of Chestermere’s most desirable communities, close to schools, parks, shopping, amenities, and with easy access to Calgary, this home offers the perfect blend of luxury, comfort, privacy, and long-term investment potential.***Virtual Staging Disclaimer: Some photos in this listing have been virtually staged and digitally enhanced for illustrative purposes. Virtual enhancements may include furniture, landscaping, fencing, décor, and other cosmetic improvements that are not currently present. These images are intended to illustrate the property's potential only and do not represent its current condition. Original, unedited photos are also included in this listing for reference.*** (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 8.17 Ft x 3.00 Ft | |
| 3pc Bathroom | 5.92 Ft x 8.25 Ft | |
| Bedroom | 9.92 Ft x 10.33 Ft | |
| Dining room | 12.50 Ft x 13.08 Ft | |
| Foyer | 8.83 Ft x 5.58 Ft | |
| Kitchen | 17.33 Ft x 10.17 Ft | |
| Living room | 14.83 Ft x 14.92 Ft | |
| Office | 9.00 Ft x 8.33 Ft | |
| Other | 8.75 Ft x 8.33 Ft | |
| Other | 5.33 Ft x 8.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.08 Ft x 4.83 Ft | |
| 3pc Bathroom | 8.42 Ft x 5.00 Ft | |
| 5pc Bathroom | 12.17 Ft x 10.17 Ft | |
| Bedroom | 10.08 Ft x 9.92 Ft | |
| Bedroom | 15.67 Ft x 13.25 Ft | |
| Bedroom | 14.08 Ft x 9.92 Ft | |
| Bonus Room | 15.17 Ft x 14.75 Ft | |
| Laundry room | 6.17 Ft x 7.83 Ft | |
| Primary Bedroom | 15.83 Ft x 13.33 Ft | |
| Other | 7.33 Ft x 13.25 Ft | |
| Other | 9.08 Ft x 5.08 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
-0.84%
Cap rate
4.70%
GRM
13.9
Break-even rent
$5,840
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 8, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.