From $314,900 to over $489,900
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Chelsea Drive, Chestermere, AB
By Truman
Condo & Townhouse
332 Units
4 Stories
1 - 3 Bedrooms
Est. Compl. Summer 2025
654 - 1570 SqFt
$306 - $492 per SqFt
Lockwood is a new condo and townhouse development
By Truman
currently in preconstruction at Chelsea Drive, Chestermere. The development is scheduled for completion in 2025. Available units range in price from $314,900 to over $489,900. Lockwood has a total of 332 units. Sizes range from 654 to 1570 square feet.

Lockwood Details

Building Type:
Condo and Townhouse
Selling Status:
Sales Started:
Spring 2022
Construction Status:
Construction Start Date:
Fall 2023
Estimated Completion:
Summer 2025
By Truman
From 9'0"
Marketing Company:
By Truman
Sales Company:
By Truman

Pricing & Fees

Prices - Available Units:
From $314,900 to over $489,900
C.C / Maint:
$0.41 Per SqFt per Month
Cost to Purchase Parking:
Included in the purchase price
Cost to Purchase Storage:
Average Price per Sqft:
$306 - $492 per SqFt
Co-op Fee Realtors:

Deposit Structure

DEPOSIT: $20,000 on Signing & Balance to 10% in 90 Days

Lockwood Summary

Down payment as low as $30,000
Monthly positive cashflow ($300–$500)
2 Year Rental Guarantee with free property management
Turn-key passive investment income until 2027
$0 Assignment fee
No Land Transfer Tax
No Development charges

Source: Truman
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Updated: May 27, 2022
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