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321 Kinniburgh Cove
Beds
6
Baths
6 full + 1 half
Sqft
3,212
Year
2017
Type
Single Family
On market
90d
OVER 8000 SQFT LOT SIZE 2-BEDROOM WALKOUT LEGAL BASEMENT SUITE + ADDITIONAL ROOM & FULL BATH | 7 BEDROOMS + DEN | 6.5 BATHS | TRIPLE CAR GARAGE |Welcome to this beautifully crafted 2017 executive home in the sought-after community of Kinniburgh, backing onto open green space. With over 3000 sq ft above grade and a fully finished walkout basement, this property offers exceptional space, flexibility, and quality throughout. The main floor showcases a bright, open layout with a spacious living room, breakfast nook, and a chef-inspired kitchen featuring a large island, quartz counters, and high-end finishes. A formal dining area, main-floor den/office, mudroom, and a convenient 2-piece bath complete this level. Upstairs you’ll find four generous bedrooms, including a primary suite with tray ceilings, a walk-in closet, and a luxurious 7-piece ensuite. The upper level also offers two additional full bathrooms, a vaulted-ceiling bonus room, and a separate laundry room for everyday convenience.The walkout basement features a fully developed 2-bedroom legal suite with its own kitchen, living area, full bath, and laundry—perfect for extended family or additional rental income. A second basement area adds an extra room and full bathroom, providing even more living options.Enjoy a massive pie-shaped lot with a fenced yard, rear deck, and beautiful open-field views. The oversized triple-car garage provides ample parking and storage.Located steps from the K–9 school, Chestermere Health Centre, and local shopping and dining, this home combines luxury, functionality, and income potential in one of Chestermere’s premier cul-de-sac locations. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.92 Ft x 6.58 Ft | |
| Bedroom | 7.00 Ft x 13.08 Ft | |
| Kitchen | 13.17 Ft x 7.08 Ft | |
| Living room | 7.67 Ft x 14.08 Ft | |
| Bedroom | 13.83 Ft x 8.42 Ft | |
| Dining room | 12.75 Ft x 7.00 Ft | |
| Recreational, Games room | 11.25 Ft x 14.92 Ft | |
| 3pc Bathroom | 5.92 Ft x 6.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.42 Ft x 4.92 Ft | |
| Breakfast | 9.00 Ft x 14.83 Ft | |
| Den | 11.33 Ft x 9.92 Ft | |
| Foyer | 9.33 Ft x 8.25 Ft | |
| Kitchen | 15.08 Ft x 14.83 Ft | |
| Living room | 13.83 Ft x 19.08 Ft | |
| Other | 7.17 Ft x 9.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 10.83 Ft | |
| 4pc Bathroom | 6.17 Ft x 9.92 Ft | |
| 5pc Bathroom | 6.17 Ft x 14.83 Ft | |
| Bedroom | 14.25 Ft x 11.17 Ft | |
| Bedroom | 12.00 Ft x 9.92 Ft | |
| Bedroom | 11.08 Ft x 13.83 Ft | |
| Primary Bedroom | 14.00 Ft x 18.58 Ft | |
| Family room | 12.75 Ft x 16.92 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
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
-0.79%
Cap rate
4.71%
GRM
13.9
Break-even rent
$6,574
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 Jun 3, 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.