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Chestermere · Single Family · under $1,125,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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201 Stonemere Bay
Welcome to this exceptional custom-built Homes by Avi masterpiece, perfectly positioned on a premium corner lot in one of Chestermere’s most sought-after communities. Backing directly onto a scenic walking path and offering over three levels of beautifully finished living spaces, this home seamlessly blends luxury, functionality, and modern design. Step inside and be immediately impressed by the stunning open-concept main floor, where soaring vaulted ceilings, expansive windows and custom lighting create a bright, airy atmosphere throughout the living, dining, and kitchen areas. The living room is both inviting and functional, featuring a custom-built entertainment unit and integrated KEF theatre system. The spacious dining area is perfect for hosting family gatherings and dinner parties, with direct access to the rear deck equipped with a bbq gas line for seamless indoor-outdoor living. The chef-inspired kitchen is designed to impress, complete with a high end stainless appliances including a professional gas range/hood, wine fridge, oversized island, walk-in pantry, and abundant cabinetry. A versatile main-floor office provides the ideal work-from-home space and can easily function as a fourth bedroom, conveniently located beside the powder room. Upstairs, you'll find three generously sized bedrooms, a spacious bonus room, upper-level laundry, and a full 4-piece bathroom. The primary retreat offers room for a king-sized suite and features custom wall panelling, a tray ceiling, a large walk-in closet, and a luxurious 5-piece ensuite with a freestanding soaker tub, oversized glass shower, separate water closet, and dual vanities. The recently completed, fully finished and permitted basement represents OVER $100,000 in professional development. Designed for entertaining, it features a stunning rec room with a custom fireplace feature wall, a wet bar with an impressive 8-foot island, and a second laundry area. The oversized bedroom includes a custom walk-in closet, wh ile the spa-inspired bathroom showcases dual vanities, heated floors, a custom tiled shower with rain head and bench seating. Outside, enjoy direct access to the walking path and surrounding green space from your backyard. Additional exterior features include Hardie Panel siding, exposed concrete driveway and walkways, a sprinkler system, large storage shed, and central A/C. Car enthusiasts will appreciate the heated, epoxied triple attached garage, complete with custom shelving and a Tesla EV charger. ADDITIONAL UPGRADES include Hunter Douglas automatic blinds, a full 360 security camera system, brand-new 45oz carpet and MUCH MORE. Located just steps from Chestermere Lake, Crystal Park, Cove Beach, schools, playgrounds, off-leash dog parks, and extensive walking paths, this quiet cul-de-sac location offers an exceptional lifestyle. This is a rare opportunity to own a thoughtfully upgraded, move-in-ready custom home in an unbeatable location. Book your private showing today. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 13.92 Ft x 21.50 Ft | |
| Other | 12.33 Ft x 16.67 Ft | |
| Furnace | 8.50 Ft x 17.00 Ft | |
| Bedroom | 10.33 Ft x 17.33 Ft | |
| Other | 5.92 Ft x 10.33 Ft | |
| 4pc Bathroom | 10.83 Ft x 13.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12.58 Ft x 17.42 Ft | |
| Living room | 13.92 Ft x 18.17 Ft | |
| Dining room | 13.58 Ft x 16.17 Ft | |
| 2pc Bathroom | 5.00 Ft x 5.58 Ft | |
| Den | 11.00 Ft x 11.50 Ft | |
| Pantry | 5.58 Ft x 9.17 Ft | |
| Other | 7.17 Ft x 9.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.92 Ft x 14.92 Ft | |
| 5pc Bathroom | 11.08 Ft x 12.50 Ft | |
| Other | 5.00 Ft x 11.17 Ft | |
| 4pc Bathroom | 6.25 Ft x 8.00 Ft | |
| Bedroom | 11.00 Ft x 12.00 Ft | |
| Bedroom | 11.67 Ft x 14.33 Ft | |
| Bonus Room | 10.92 Ft x 17.67 Ft | |
| Laundry room | 6.58 Ft x 7.17 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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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
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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
-0.84%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,301
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 Jul 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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