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7 Chaparral Road SE
Beds
4
Baths
3
Sqft
1,294
Year
1995
Type
Single Family
On market
18d
*OPEN HOUSES CANCELLED WHILE C/S* SEE 3D TOUR!! Absolutely the best value in desirable Lake Chaparral. Welcome to this fully developed home offering over 2,500 sq ft of total living space, freshly painted and move-in ready.The bright, open main floor features soaring vaulted ceilings, large windows, and stunning light fixtures throughout. The kitchen is the heart of the home with butcher block countertops, a corner pantry, and a sunny breakfast nook that opens to the living and dining area. Newer vinyl plank flooring runs through the main living spaces, giving the home a clean, modern feel. The primary suite is a true retreat with a deluxe ensuite featuring a multi-spray shower, and both bathrooms have been thoughtfully updated.Downstairs, the fully finished lower level adds serious value with a large family room, two additional bedrooms, a 3-piece bathroom, and plenty of storage. Perfect for growing families, guests, or a home office setup.Major systems have already been taken care of: a high-efficiency furnace, central A/C, and tankless hot water on demand, and a double front attached garage with newer door. Combined with the fresh interior paint, this is a home where the big-ticket items are already modernized.Outside, you'll find mature landscaping and a private oasis style backyard, all within walking distance to schools, parks, amenities, and exclusive Lake Chaparral access. Year-round lake privileges mean summer swimming and beach days, winter skating, and a true four-season lifestyle just steps from your door.Homes in this pocket of Lake Chaparral move quickly, especially ones this well cared for and turnkey. Unpack and start enjoying. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.75 Ft x 8.58 Ft | |
| Bedroom | 10.42 Ft x 12.67 Ft | |
| Bedroom | 11.00 Ft x 12.67 Ft | |
| Laundry room | 18.83 Ft x 8.42 Ft | |
| Recreational, Games room | 37.25 Ft x 18.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.42 Ft x 6.58 Ft | |
| 4pc Bathroom | 5.92 Ft x 12.00 Ft | |
| Bedroom | 8.25 Ft x 10.42 Ft | |
| Dining room | 13.25 Ft x 9.25 Ft | |
| Foyer | 8.50 Ft x 8.33 Ft | |
| Kitchen | 18.25 Ft x 12.92 Ft | |
| Living room | 11.08 Ft x 15.83 Ft | |
| Primary Bedroom | 17.58 Ft x 15.67 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
-1.17%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,723
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 May 30, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.