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215 Waterford Heights
Beds
4
Baths
3 full + 1 half
Sqft
1,572
Year
2026
Type
Single Family
On market
29d
Discover the perfect blend of style and functionality in this beautifully designed duplex located in the vibrant community of Waterford in Chestermere. This brand-new home offers modern finishes, thoughtful design, and exceptional value just minutes from Calgary—ideal for first-time buyers, growing families, or investors alike.Step inside to a bright and welcoming open-concept main floor featuring 9-foot ceilings, large windows that fill the space with natural light, and durable engineered hardwood flooring throughout the main living area. The thoughtfully designed layout also includes a convenient main-floor bedroom and a nearby 2-piece bathroom, offering added flexibility for guests, a home office, or multigenerational living. The contemporary kitchen is complete with quartz countertops, stylish finishes, and ample cabinetry, seamlessly connecting to the dining and living spaces where an electric fireplace adds warmth and charm.Upstairs, you’ll find three spacious bedrooms and two full bathrooms, including a comfortable primary retreat with a walk-in closet and private ensuite. Upper-level laundry adds extra convenience to everyday living.The separate side entrance offers excellent potential for future basement development (subject to municipal approval), creating additional flexibility and long-term value. Outside, the rear parking pad provides convenient off-street parking, with the option to build a future garage if desired (subject to municipal approval).Located in the fast-growing community of Waterford, residents can enjoy parks, pathways, playgrounds, and easy access to nearby amenities while benefiting from Chestermere property taxes. With quick access to Calgary, Chestermere Lake, schools, shopping at Chestermere Station, and major commuter routes, this is a location that truly offers the best of both convenience and lifestyle.First-Time Buyer Opportunity – GST RebateEligible first-time home buyers may qualify for the First-Time Home Buyers’ GS T Rebate, with potential savings of up to $50,000. To qualify, buyers must be 18 years or older, a Canadian citizen or permanent resident, and must not have owned or lived in a home owned by themselves or their spouse/common-law partner within the past four years. Homes placed under contract after May 27, 2025 may qualify. Terms and conditions apply and are subject to Government of Canada and CRA guidelines. Don’t miss this opportunity to own a brand-new home in one of Chestermere’s most exciting new communities. Contact us today for more information or to book your private showing. Interior photos are from a previous home with a similar layout. Colours, finishes, and features may vary. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 3.67 Ft x 6.58 Ft | |
| Kitchen | 8.67 Ft x 13.08 Ft | |
| Kitchen | 9.33 Ft x 12.75 Ft | |
| Living room | 10.50 Ft x 13.42 Ft | |
| 2pc Bathroom | 4.58 Ft x 4.92 Ft | |
| Other | 5.08 Ft x 6.42 Ft | |
| Bedroom | 9.92 Ft x 9.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.83 Ft x 12.25 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.50 Ft | |
| Bedroom | 10.17 Ft x 9.58 Ft | |
| Laundry room | 5.83 Ft x 5.50 Ft | |
| Primary Bedroom | 12.42 Ft x 12.33 Ft | |
| 4pc Bathroom | 9.92 Ft x 6.25 Ft | |
| Other | 5.50 Ft x 5.42 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
-3.40%
Cap rate
4.18%
GRM
14.8
Break-even rent
$3,207
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.
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 26, 2026.
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 Chestermere. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.