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Reduced $181,000 (9%) from $1,980,000
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280135 Township Road 242 SE
Beds
6
Baths
5
Sqft
3,488
Year
2008
Type
Single Family
On market
29d
PRICE REDUCTION! 4 Acres in City of Chestermere East Acreages with Highway 1 Frontage and Executive Two Story Home (6 Bedrooms, 5 Baths) with oversize heated triple attached garage (50' x 24'). Great opportunity to acquire land inside the City of Chestermere with future development potential (existing application for residential development currently underway nearby on RR 281 in East Acreages). Very nice custom executive two story with spacious, open floor plan (see attached VirtualTour) featuring cathedral ceiling and multiple living areas on the main floor, including bedroom adjacent to a full bath, main floor laundry, and heated oversize triple garage. Upper level features custom staircase leading to two Primary Bedrooms both with ensuite baths and two additional bedrooms with central full bath. Lower level is developed with a large bedroom, full bath and large living area and optional second bedroom, but lower level requires new flooring. Chestermere is one of Canada's fastest growing cities and this is your opportunity to acquire a Live, Work, and Play property, with great future opportunity. Come see for yourself! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 15.00 Ft x 15.00 Ft | |
| 4pc Bathroom | — | |
| Recreational, Games room | 16.00 Ft x 20.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.08 Ft x 5.33 Ft | |
| Bedroom | 12.42 Ft x 10.58 Ft | |
| Dining room | 8.25 Ft x 14.33 Ft | |
| Family room | 13.42 Ft x 13.92 Ft | |
| Kitchen | 17.33 Ft x 15.33 Ft | |
| Laundry room | 7.83 Ft x 6.42 Ft | |
| Living room | 16.42 Ft x 15.25 Ft | |
| Office | 12.83 Ft x 11.83 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.83 Ft x 5.50 Ft | |
| 5pc Bathroom | 8.17 Ft x 8.00 Ft | |
| 5pc Bathroom | 17.58 Ft x 12.25 Ft | |
| Bedroom | 12.42 Ft x 13.92 Ft | |
| Bedroom | 12.42 Ft x 12.08 Ft | |
| Bedroom | 18.83 Ft x 16.67 Ft | |
| Primary Bedroom | 18.92 Ft x 15.92 Ft | |
| Sunroom | 10.08 Ft x 8.33 Ft | |
| Other | 8.50 Ft x 5.92 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
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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).
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.
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.