Chelsea, Chestermere · MLS® A2333494
221
692 sq ft · Condo · Single Family · built 2025 · 85 days on market
listed by Jennifer Mandan, VIP Realty & Management
Discover an exceptional investment opportunity in the vibrant and growing community of Chelsea in Chestermere! This beautifully appointed main-floor, 2-bedroom, 2-bathroom condo offers modern finishes, a functional layout, one titled parking stall, and a private patio with convenient outdoor access.Inside, you'll find a bright, contemporary living space featuring quartz countertops, stainless steel appliances, and stylish finishes throughout. Thoughtfully designed for comfort and functionality, this Lockwood unit offers an attractive combination of modern living and low-maintenance ownership.Located in one of Chestermere's exciting new communities, residents enjoy easy access to parks, scenic walking paths, and playgrounds. Chestermere Lake is just minutes away, offering boating, paddleboarding, swimming, and year-round recreation. Shopping, restaurants, and everyday essentials are conveniently located nearby at Chestermere Station and Chestermere Crossing.An excellent opportunity for investors! This property is currently tenant-occupied, with approximately one year remaining on the existing lease, providing the opportunity to acquire an investment property with an established tenancy already in place.Whether you're expanding your real estate portfolio or entering the investment market, this modern condo offers an appealing opportunity in a growing and desirable community.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,259 · tax $166 · strata $296 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $1,786 a year
The asking price times Chestermere's 2026 residential rate of 6.18 per $1,000 (municipal and education).
The listing shows $1,997 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 26/100 · Mostly by car
Within a 10 minute walk: 2 parks and playgrounds, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.