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171 Chelsea Road
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Chestermere · Single Family · under $650,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to this stunning former showhome in the highly desirable community of Chelsea in Chestermere. Offering approximately 1,560 sq. ft. of thoughtfully designed living space, this beautifully maintained detached home showcases premium upgrades, modern finishes, and exceptional functionality for families, investors, and first-time homebuyers alike.The bright and spacious main floor features an open-concept layout with 9-foot ceilings, a sun-filled living room, and a gourmet kitchen complete with upgraded countertops, sleek cabinetry, stainless steel appliances, a built-in microwave, and a gas stove. The adjoining dining area overlooks the backyard, creating the perfect setting for everyday living and entertaining. A convenient powder room completes the main level.Upstairs, you'll find three generously sized bedrooms, including a luxurious primary retreat featuring a walk-in closet and a spa-inspired 5-piece ensuite. An additional full bathroom provides comfort and convenience for the whole family. Elegant designer wall coverings throughout the main floor and primary bedroom add a sophisticated touch.A standout feature of this home is the fully finished basement with a private side entrance, offering excellent potential for extended family living or rental income. The lower level includes two bedrooms, a full bathroom, a kitchen, laundry facilities, and independent heating, creating a comfortable and functional living space.Combining style, comfort, and income-generating potential, this exceptional property offers incredible value in one of Chestermere's fastest-growing communities. Don't miss your opportunity to own this remarkable home—schedule your private showing today. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.08 Ft x 9.00 Ft | |
| Bedroom | 14.67 Ft x 8.42 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.58 Ft x 13.00 Ft | |
| Kitchen | 12.67 Ft x 14.92 Ft | |
| Dining room | 12.67 Ft x 10.17 Ft | |
| 2pc Bathroom | 4.92 Ft x 5.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.25 Ft x 13.00 Ft | |
| Bedroom | 8.92 Ft x 13.58 Ft | |
| Bedroom | 9.67 Ft x 10.00 Ft | |
| 4pc Bathroom | 8.83 Ft x 4.92 Ft | |
| 5pc Bathroom | 5.42 Ft x 11.67 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
-3.50%
Cap rate
4.16%
GRM
14.9
Break-even rent
$3,663
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.
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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 Jun 22, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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