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Reduced $55,000 (5%) from $1,130,000
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39 Watermark Villas
Beds
3
Baths
3
Sqft
1,030
Year
2016
Type
Single Family
On market
39d
The Villas at Watermark is an exclusive collection of walkout bungalows for the sophisticated downsizer. Positioned on the western edge of the city, you have groceries and other amenities just 5 minutes away while maintaining a peaceful, safe and quiet low-density neighbourhood. Enjoy the spectacular MOUNTAIN VIEWS from this original-owner unit. The ‘Highwood’ layout with 2,050 square feet of living space truly stands out with a full-width great room on the main floor, something rarely found in the complex. The result is an expansive, open-concept living and entertaining area, elevated by wall-to-wall windows that flood the space with natural light and showcase those stunning panoramic mountain views. A thoughtfully designed primary suite is tucked away on the walkout level - creating a private, retreat-like space that’s perfect for unwinding - rather than a door right beside your kitchen. Enjoy a chef's kitchen with an oversized island, a lovely living room with cozy gas fireplace and a dining room with gorgeous custom built-ins! The kitchen includes a built-in fridge, gas range, bar fridge, quartz counters, under-cabinet lighting, a window above the sink plus plenty of storage. Stepping out onto the large upper deck, you know immediately this is where you will be spending a lot of time, from sunny morning coffees to evenings watching the sun go down! An electric awning means you can enjoy this outdoor space even on the warmest days. And for those hot summer days, rest assured you have central air to keep you comfortable indoors as well. This is a home made for entertaining, where you can be proud to host your family and friends. On the main floor, you also will find a bedroom (currently used as an office), a full bathroom with walk-in shower, laundry/mud room and a proper front entry. The attached DOUBLE GARAGE has epoxy flooring and included shelving. Stepping into the lower level, you will have a spacious and comfortable rec room, large guest bedroom, another fu ll bath with walk-in shower and the lovely primary suite. Primary includes double door access to the rear patio, blackout blinds, walk-through closet and ensuite with oversized vanity w/ double sinks, tiled shower and separate soaker tub. You'll love the cozy in-floor heat in there too! The Villas also include access to a private clubhouse with gym, pool table, couches & more as well as the lovely park spaces, pathways and amenities of the Watermark neighbourhood. This is truly the retirement dream, a community where you can feel at home! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| 5pc Bathroom | — | |
| Bedroom | 13.50 Ft x 12.00 Ft | |
| Primary Bedroom | 18.17 Ft x 12.42 Ft | |
| Recreational, Games room | 24.08 Ft x 15.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Dining room | 13.75 Ft x 9.25 Ft | |
| Kitchen | 10.92 Ft x 16.08 Ft | |
| Living room | 13.83 Ft x 16.00 Ft | |
| Bedroom | 9.00 Ft x 12.17 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
-0.82%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,604
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 8, 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 Rural Rocky View County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.