Chelsea, Chestermere · MLS® A2341383
233
1,346 sq ft · Townhouse · Single Family · built 2023 · 52 days on market
listed by Rosh Abraham Issac, DreamHouse Realty Ltd.
Built in 2023 in the Cascata project at Chelsea, this townhome was laid out with two bedrooms instead of three, giving both bedrooms generous space. The second bedroom measures 14'4" by 13'11", almost as large as the primary at 14'5" by 12'7". Both are on the top floor, along with the laundry, and the primary has a four-piece ensuite. Telus PureFibre is available at the address. One level down, the main floor brings the kitchen, dining, and living areas together in one open space, with a balcony off the dining area. The kitchen features quartz counters and an island, warm brown cabinetry, and stainless steel appliances. The living room measures 14'4" by 12'3", with a dining area large enough for a full-sized table. Measured above-grade space is 1,346 square feet. The garage runs 33 feet deep, holding two vehicles in tandem with a third on the driveway. The builder offered the rear section as an optional office or small third bedroom; that option was not taken, but the courtyard door is already in place. Beyond the shared courtyard, the complex has visitor parking for guests. Chestermere Lake is 2.7 kilometres away. Schools, pathways and parks are within the community, while East Hills Shopping Centre, with Costco, Walmart and Cineplex, is a short drive away. The commute to Calgary is straightforward. The home is leased at $1,750 per month until 30 September 2027, providing rental income from day one, with vacant possession available at lease end.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,634 · tax $211 · strata $240 · insurance ~$175 · 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 $2,318 a year
The asking price times Chestermere's 2026 residential rate of 6.18 per $1,000 (municipal and education).
The listing shows $2,534 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 31/100 · Mostly by car
Within a 10 minute walk: 2 parks and playgrounds, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.