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Legal suiteNew build

$1,094,900

312 Watercrest Place

Save this home

Beds

6

Baths

4

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 Chestermere. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 312 Watercrest Place, an exceptional pre-construction opportunity by Twenty First Century Homes, projected to be move-in ready by Q3 2026. Situated on a generous 56' x 110' lot, this 3,185 sq.ft. luxury home (plus 1,526 sq.ft. undeveloped basement) is designed for modern multi-generational living and offers buyers the rare ability to customize materials beyond the builder’s standard offerings—a level of personalization seldom available in today’s market.The main floor features a bright open-concept layout with a spacious family room, dining area, and a beautifully appointed kitchen complemented by a full Spice Kitchen. A main floor bedroom with its own full bath provides ideal flexibility for guests or extended family. Large windows and purposeful design make this level warm, inviting, and perfect for both daily living and entertaining.Upstairs, you’ll find 5 additional bedrooms, including a luxurious Primary Suite with a spa-inspired ensuite and walk-in closet. A central loft, upper-floor laundry, and well-planned bathrooms provide maximum convenience for busy families.The 1,526 sq.ft. undeveloped basement offers unlimited potential—future legal suite, home theatre, gym, or additional living space, depending on your needs.Exterior elevations showcase a refined mix of stucco, stone, and Hardie board detailing, paired with a spacious rear deck ideal for outdoor enjoyment. A triple garage and functional mudroom complete the home.Located in the highly sought-after Waterford Estates, Chestermere, this home delivers a rare combination of luxury, flexibility, lot size, and customization potential—perfect for buyers seeking a personalized, high-quality new build in a premier neighbourhood. (id:65958)

Subtype
Single Family
Structure
House
Community
Waterford Estates
Common interest
Freehold
Living area
3,185 square feet
Lot size
6,160 square feet
Lot dimensions
6160.00
Bedrooms
6 above grade, 0 below grade
Parking
6 total
Stories
2
Fireplace
1
On market
Feb 21, 2026
Status changed
Apr 23, 2026
Annual tax
$2,061.21 (2025)
Zoning
R1
Photos
29
MLS#
A2288013
Area
CHESTERMERE

Features and systems

Parking

Attached GarageExposed Aggregate

Basement

UnfinishedFullSeparate entrance

Appliances

DishwasherMicrowaveOven - Built-InHood FanGarage door opener

Heating

Forced air

Cooling

None

Exterior

Stucco

Construction

Wood frame

Flooring

CarpetedCeramic TileVinyl Plank

Foundation

Poured Concrete

Lot

PVC windowNo Animal HomeNo Smoking HomeLevel
Negative cash flow ~$142/mo at these assumptions

Cash on cash

-0.78%

Cap rate

4.71%

GRM

13.9

Break-even rent

$6,725

Financing

Down payment$218,980
Loan amount$875,920
Mortgage$4,438/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$502
Insurance$80
Maintenance$912
CapEx reserve$456
Vacancy loss$329

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 $4,438/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 23, 2026.

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