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Investment signal

$274,900

114 100 Chaparral BOULEVARD

Beds

Baths

Sqft

—

Year

2015

Location

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About this home

Chaparral Ridge offers the charm of small-city living with all the perks of big-city convenience. Built by North Prairie Development, this two-story half duplex boasts a unique floor plan with both craftsmanship and style. The main level is bright and welcoming, featuring a modern kitchen with stainless steel appliances and access to the deck—perfect for morning coffee or summer BBQs. Upstairs, the primary bedroom is generously sized, accompanied by a second bedroom and the added convenience of in-suite laundry. The undeveloped basement provides endless possibilities for creating your dream space, whether it’s a cozy family room or an additional bathroom. This home also comes with two electrified parking stalls and all major appliances included. Don’t miss this opportunity to enjoy comfort, style, and convenience in Chaparral Ridge! (id:65958)

Subtype: Single Family
Common interest: Condo/Strata
Living area: 929 square feet
Condo/HOA fee: $220.25 monthly
On market: Apr 3, 2026
Status changed: Apr 17, 2026
Annual tax: $2,924 (2025)
Photos: 36
MLS#: SK031925
Area: MARTENSVILLE

Features and systems

Parking

NoneParking Space(s)Surfaced

Appliances

WasherRefrigeratorDishwasherStoveDryerWindow Coverings

Heating

Forced airNatural gas

Lot

TreedDouble width or more drivewaySump Pump

Community

Pets Allowed With Restrictions

Negative cash flow ~$94/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-2.05%

Cap rate

5.48%

GRM

12.1

Break-even rent

$1,999

Financing

Down payment$54,980

Loan amount$219,920

Mortgage$1,349/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$126

Insurance$80

Maintenance$229

CapEx reserve$115

Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Martensville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,349/mo at 5.49% with 20% down, 25-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 17, 2026.