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247 Kinniburgh Place
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Beds
7
Baths
6 full + 1 half
Sqft
3,502
Year
2020
Type
Single Family
On market
4d
TRIPLE GARAGE | WALK-OUT 2-BED ILLEGAL SUITE | MAIN FLOOR BED AND FULL BATH | SPICE KITCHEN | OVER 4675 SQ. FT. OF LUXURIOUS LIVING SPACE | LOADED WITH UPGRADES | LAUNDRY ON BOTH LEVELS | TOTAL OF 7 BEDS & 6 BATHS | 2 MASTER BEDROOMS | OPEN CONCEPT DESIGN. Welcome to 247 Kinniburgh Place, an impressive 7-bedroom, 6-bathroom luxury home with a triple attached garage, located in a quiet cul-de-sac in Chestermere’s prestigious Kinniburgh community. Designed for large families, multi-generational living, and investors, this home offers over 4,675 sq. ft. of total developed living space, including over 3,500 sq. ft. above grade plus a fully finished walk-out basement. The bright open-concept main floor features a chef-inspired kitchen with quartz countertops, a Sub-Zero refrigerator, high-end built-in stainless steel appliances, a large central island, and a fully equipped spice kitchen with a premium gas stove. The main level also offers a spacious family room with a stone-accented gas fireplace, a formal dining area with balcony access, and a main floor bedroom with a full 3-piece bathroom. Upstairs, you’ll find two primary-style bedrooms, including a luxurious main primary suite with a 5-piece ensuite, dual sinks, a soaking tub, and a walk-in closet. The second primary bedroom also includes its own ensuite, making it ideal for extended family, guests, or multi-generational living. This level also offers two additional spacious bedrooms, a bonus room, and upper-level laundry with built-in storage. The fully finished walk-out basement features a 2-bedroom illegal suite with its own entrance, full kitchen, laundry, 4-piece bathroom, and open living/dining area, currently generating rental income. Additional highlights include built-in ceiling speakers, luxury chandeliers, tray ceilings, recessed lighting, a large driveway, and a private backyard. Located near schools, shopping, restaurants, parks, and beautiful Chestermere Lake, this property offers a rare combination of luxury, space, location, and income potential. Currently, both levels are rented, making this an excellent opportunity for investors or families seeking flexibility. This home delivers luxury, space, and versatility like no other. A rare find - schedule your private viewing! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 14.83 Ft x 22.50 Ft | |
| Kitchen | 17.25 Ft x 10.25 Ft | |
| Bedroom | 12.17 Ft x 9.92 Ft | |
| 4pc Bathroom | 10.17 Ft x 4.92 Ft | |
| Bedroom | 12.17 Ft x 9.92 Ft | |
| Other | 11.25 Ft x 5.67 Ft | |
| Laundry room | 10.25 Ft x 11.17 Ft | |
| Furnace | 11.33 Ft x 9.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 27.83 Ft x 17.33 Ft | |
| Kitchen | 17.17 Ft x 12.50 Ft | |
| Other | 5.92 Ft x 14.75 Ft | |
| Family room | 15.25 Ft x 11.25 Ft | |
| Dining room | 22.08 Ft x 10.25 Ft | |
| Bedroom | 11.75 Ft x 10.92 Ft | |
| 3pc Bathroom | 5.67 Ft x 9.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 14.58 Ft x 13.08 Ft | |
| Primary Bedroom | 17.08 Ft x 21.50 Ft | |
| 5pc Bathroom | 9.08 Ft x 14.08 Ft | |
| Primary Bedroom | 17.75 Ft x 11.00 Ft | |
| 4pc Bathroom | 9.08 Ft x 4.92 Ft | |
| Bedroom | 14.42 Ft x 12.83 Ft | |
| Bedroom | 15.00 Ft x 10.92 Ft | |
| 4pc Bathroom | 4.92 Ft x 10.92 Ft | |
| 2pc Bathroom | 5.75 Ft x 5.17 Ft | |
| Other | 6.08 Ft x 12.25 Ft | |
| Other | 5.08 Ft x 10.50 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
-6.47%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,362
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 Jun 9, 2026.
| Laundry room | 5.83 Ft x 7.42 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 Chestermere. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.