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Legal suiteNew build

$598,000

214 Lakewood Crescent

Save this home

Beds

5

Baths

3 full + 1 half

Sqft

Year

2026

Type

Single Family

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Strathmore. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Brand-new semi-detached home with double attached garage and a fully developed LEGAL 2-bedroom basement suite in the sought-after Lakewood community of Strathmore—just 30 minutes from Calgary. Ideally located next to a corner lot, close to the pond and lake, and with no rear neighbours, this home offers rare privacy and open views.Step into a grand open-to-above front entry that creates a bright, spacious first impression. The open-concept main floor features a contemporary kitchen with full-height cabinets to the ceiling (texture or high gloss), quartz countertops, and clean modern finishes throughout.Upstairs offers three generously sized bedrooms, including a private primary suite with ensuite, plus a bonus room and a conveniently located laundry room. All spaces are finished with clean, modern selections that blend style and comfort.The fully developed LEGAL 2-bedroom basement suite is ideal for rental income, extended family, or as a mortgage helper, adding outstanding long-term value and flexibility.Additional upgrades include MDF built-in closets and pantry, spindle stair railing, electric fireplace, and full new-home warranty coverage. Appliance package and GST included. Builder incentive: $1,000 toward moving costs, blinds, or washer & dryer. Eligible for GST rebate for first-time buyers.Lakewood is a growing, family-friendly community featuring ponds, walking paths, parks, and green spaces, with easy access to schools with free busing, shopping, recreation, and major highways.One of the best-value double-garage homes with a legal basement suite in the region.Brand new | Legal 2-bedroom basement suite | No rear neighbours | Open-to-above entry | Double garage | 5 bedrooms total | 3.5 bathrooms | 30 minutes to Calgary (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Lakewood
Common interest
Freehold
Living area
1,491 square feet
Lot size
3,214 square feet
Lot dimensions
3214.00
Bedrooms
3 above grade, 2 below grade
Parking
2 total
Stories
2
Fireplace
1
On market
Jan 23, 2026
Status changed
Apr 27, 2026
Annual tax
$0 (2025)
Zoning
R2
Photos
15
MLS#
A2280996
Area
STRATHMORE

Features and systems

Parking

Attached Garage

Basement

FinishedFullSeparate entranceSuite

Appliances

RefrigeratorDishwasherStove

Heating

Forced air

Cooling

None

Exterior

ConcreteStoneVinyl siding

Construction

Poured concreteWood frame

Flooring

TileCarpetedVinyl Plank

Foundation

Poured Concrete

Lot

Gas BBQ Hookup

Community

Lake Privileges
Negative cash flow ~$106/mo at these assumptions

Cash on cash

-1.06%

Cap rate

4.65%

GRM

13.8

Break-even rent

$3,711

Financing

Down payment$119,600
Loan amount$478,400
Mortgage$2,424/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$274
Insurance$80
Maintenance$498
CapEx reserve$249
Vacancy loss$180

Estimates 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.

Mortgage estimate

Estimated $2,424/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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