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Chestermere · Single Family · under $725,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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277 Waterford Way
Welcome to this stunning brand new bungalow semi-duplex by Douglas Homes, beautifully situated on a premium corner lot in the sought-after community of Waterford in Chestermere. Offering the convenience and functionality of bungalow living, this thoughtfully designed home combines modern elegance with everyday comfort.DH $20K Limited Savings already included, providing exceptional value on this beautifully crafted home. A rare triple car garage adds both practicality and curb appeal, making this property stand out from the rest.Inside, you’ll find a bright and open-concept layout featuring 9’ basement ceilings, elegant quartz countertops, engineered hardwood flooring, and a stylish electric fireplace that creates a warm and inviting focal point in the main living area. The well-appointed kitchen seamlessly connects to the dining and living spaces, ideal for entertaining or relaxed day-to-day living.The spacious primary bedroom offers the ease and comfort of main-floor bungalow living and serves as a private retreat complete with a luxurious ensuite featuring dual sinks and contemporary finishes. Every detail has been carefully selected to deliver both style and functionality.Located just minutes from an existing park and future amenities, this home offers the perfect blend of peaceful community living and everyday convenience.First-Time Buyer OpportunityEligible purchasers may qualify for the First-Time Home Buyers’ GST Rebate, potentially saving up to $50,000 on a new home. To qualify, buyers must be 18 years or older, a Canadian citizen or permanent resident, and must not have owned or occupied a home owned by themselves or their spouse/common-law partner within the past four years.This limited-time incentive applies to homes with agreements dated after May 27, 2025, subject to Government of Canada / CRA guidelines and eligibility requirements.Please Note: Some photos shown are of the same model for illustrative purposes only. Actual home finishes, colors, and features may vary.Call today to learn more about this exceptional bungalow opportunity in Waterford! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.67 Ft x 14.08 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| Other | 4.75 Ft x 11.58 Ft | |
| Living room | 13.50 Ft x 14.42 Ft | |
| Kitchen | 9.83 Ft x 12.33 Ft | |
| Dining room | 10.58 Ft x 13.42 Ft | |
| Pantry | 5.08 Ft x 4.25 Ft | |
| Other | 6.42 Ft x 6.75 Ft | |
| Bedroom | 10.92 Ft x 9.83 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Laundry room | 6.08 Ft x 9.75 Ft | |
| Other | 5.08 Ft x 6.25 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
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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
-6.79%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,087
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 Jun 3, 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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