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20 Rockwater Way
Beds
4
Baths
6 full + 1 half
Sqft
3,910
Year
2016
Type
Single Family
On market
11d
Welcome to this exquisite custom estate home by Wolf Custom Homes, nestled in the prestigious community of Watermark. Boasting over 5,400 sq. ft. of unparalleled craftsmanship and elegance, this former SHOWHOME offers tons of upgrades exemplifies luxury living. The house is in immaculate condition, having been used only occasionally by the owners. From the moment you step inside, you are welcomed by stunning luxury hardwood flooring that flows throughout the main level. The heart of the home is the gourmet chef’s kitchen, featuring beautifully crafted cabinetry, an oversized island with marble countertops, and top-of-the-line appliances, including a Sub-Zero fridge, Wolf gas stove and built-in oven, and an Asko dishwasher. Adjacent to the kitchen, the bright and inviting dining area and living room are adorned with expansive windows, allowing natural light to fill the space. A striking fireplace adds warmth and sophistication to this open-concept layout. For those who love to entertain, a formal dining room and a stunning 4-season sunroom extend onto an expansive, covered balcony—perfect for year-round enjoyment. A spacious main-floor office, complete with custom-built desk and shelving, offers the ideal work-from-home setup. A thoughtfully designed mudroom with a built-in bench and ample storage ensures effortless organization. Upstairs, retreat to the lavish primary suite, where a spectacular walk-in closet with custom spa-like 5-piece ensuite. Indulge in the free-standing soaker tub, oversized glass-enclosed shower, and dual vanities. Two additional generously sized bedrooms, each with its own walk-in closet and private 4-piece ensuite, provide ultimate comfort. A large bonus room and a convenient upper-floor laundry room complete this level. The fully developed walk-out basement, enhanced with in-floor heating, extends the home’s luxurious appeal. It boasts a spacious entertainment area with a fully equipped wet bar, a modern fitness room, an additional bedroom, and a beautifully appointed four-piece bathroom. Step outside to your private backyard oasis, where breathtaking views, lush landscaping, and elegant decorative LED system (10K value) and garden lighting (6K) create the perfect setting for entertaining or quiet evenings under the stars. Located in the exclusive estate community of Watermark, this home provides the tranquility of country living with the convenience of city amenities just minutes away. Enjoy scenic pathways, parks, playgrounds, and the renowned Central Plaza with a pavilion, picnic areas, firepit, sports courts, and lush green spaces. Experience the pinnacle of luxury—book your private showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 12.00 Ft x 18.08 Ft | |
| 3pc Bathroom | 5.25 Ft x 9.42 Ft | |
| Storage | 5.42 Ft x 5.42 Ft | |
| Family room | 21.58 Ft x 23.50 Ft | |
| Other | 5.25 Ft x 5.58 Ft | |
| Other | 5.58 Ft x 13.42 Ft | |
| 4pc Bathroom | 5.58 Ft x 13.42 Ft | |
| Bedroom | 11.83 Ft x 19.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17.58 Ft x 18.00 Ft | |
| Kitchen | 15.00 Ft x 22.33 Ft | |
| Other | 10.00 Ft x 16.42 Ft | |
| Dining room | 12.92 Ft x 16.25 Ft | |
| Pantry | 6.08 Ft x 10.58 Ft | |
| Other | 8.50 Ft x 8.50 Ft | |
| Office | 11.42 Ft x 12.42 Ft | |
| Other | 9.67 Ft x 13.67 Ft | |
| Other | 7.08 Ft x 12.75 Ft | |
| 2pc Bathroom | 5.42 Ft x 6.00 Ft | |
| Other | 12.58 Ft x 36.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.42 Ft x 8.58 Ft | |
| Primary Bedroom | 17.75 Ft x 18.00 Ft | |
| 5pc Bathroom | 11.92 Ft x 20.25 Ft | |
| Bedroom | 11.42 Ft x 14.50 Ft | |
| Other | 8.50 Ft x 12.75 Ft | |
| Laundry room | 8.67 Ft x 13.50 Ft | |
| Other | 5.42 Ft x 5.50 Ft | |
| Bedroom | 12.00 Ft x 16.50 Ft | |
| 4pc Bathroom | 6.42 Ft x 7.83 Ft | |
| Other | 5.83 Ft x 6.42 Ft | |
| Bonus Room | 7.33 Ft x 13.92 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
-0.57%
Cap rate
4.75%
GRM
13.9
Break-even rent
$15,732
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 May 29, 2026.
| Other | 6.08 Ft x 9.50 Ft |
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 Rural Rocky View County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.