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Chestermere · Single Family · under $625,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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87 Waterford Mews
Discover the charming Peyto by Douglas Homes, ideally located in the heart of Waterford, Chestermere. This stylish duplex with a double front-attached garage offers modern comfort paired with timeless design. The open-concept main floor features 9’ ceilings, elegant finishes, and a well-appointed kitchen that flows seamlessly into the living and dining areas — perfect for both everyday living and entertaining.The upper level includes three spacious bedrooms, highlighted by a serene primary suite with a beautifully finished ensuite and a generous walk-in closet. With quick possession available, this home is move-in ready and positioned to enjoy everything Waterford has to offer.Unlock Your First Home with the GST Rebate!Eligible first-time buyers could save up to $50,000 on a new home. Applicants must be 18+, a Canadian citizen or permanent resident, and must not have owned or lived in a home owned by themselves or a spouse/common-law partner within the last four years. Homes placed under contract after May 27, 2025 qualify. Terms and conditions apply as per Government of Canada/CRA guidelines.Note: Interior photos are from a similar home for illustration purposes. Style and interior colours may vary.Call today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Pantry | 6.00 Ft x 3.92 Ft | |
| Kitchen | 13.17 Ft x 13.58 Ft | |
| Dining room | 9.58 Ft x 9.50 Ft | |
| Living room | 13.83 Ft x 11.75 Ft | |
| 2pc Bathroom | — | |
| Other | 5.00 Ft x 11.58 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 5.67 Ft x 6.08 Ft | |
| 4pc Bathroom | — | |
| Primary Bedroom | 14.00 Ft x 12.00 Ft | |
| 4pc Bathroom | — | |
| Other | 4.83 Ft x 8.92 Ft | |
| Bedroom | 9.92 Ft x 10.25 Ft | |
| Bedroom | 10.08 Ft x 10.67 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
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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
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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
-6.92%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,480
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.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 2, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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