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Waterford Community
Housing Information Guide
June 20, 04:08am
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South West edge of Chestermere, Waterford provides an easy commute into Calgary, creating a home for the Calgary professional, without the high density and property taxes you will encounter in the City. Proximity to Calgary isn’t the only highlight though, the growing City of Chestermere offers many diverse ammenities, and all are a short drive away, or within walking distance. Find your new home in Waterford Today! More Waterford real estate housing statistics
Additional information about Waterford including detailed community features, local attractions, and neighborhood characteristics would appear here when expanded.
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Waterford Community Overview
Find answers to the most common questions about Waterford, a master-planned lakeside community in southwest Chestermere designed for generational living with abundant parks, pathways, and easy access to Calgary.
Where is Waterford located in Chestermere?
Waterford is located on the southwest edge of Chestermere, Alberta, offering easy access to Calgary via Highway 1. The community is designed as a master-planned lakeside neighbourhood with a focus on generational living and active lifestyles. The community features three school sites, eight parks and green spaces, three storm ponds, and two neighbourhood centres.
What types of homes are available in Waterford?
Waterford offers a diverse range of home styles including townhomes, duplexes, laned homes, and single-family detached homes. Builders include Douglas Homes, Prominent Homes, Dream Built Homes, Green Cedar Homes, Devine Custom Homes, and Artistique Homes.
Many homes feature open-concept layouts, chef-inspired kitchens with built-in appliances and spice kitchens, high ceilings, luxury wide-plank flooring, triple-car garages, and walkout basement configurations. Some homes include main-floor bedrooms with full ensuites, ideal for multi-generational living.
What is the average home price in Waterford?
Waterford home prices vary by property type. Townhomes typically range from the mid $400,000s to $500,000s. Duplexes are priced around $630,000. Single-family detached homes range from approximately $729,000 for newer builds to $1,100,000 for larger estate homes with premium finishes and walkout basements.
The average new home in Waterford is priced competitively within the Chestermere market, which has an overall average home price of approximately $670,000 as of 2026.
What schools serve the Waterford area?
Waterford has three future school sites planned within the community. For current school designations effective September 2025:
- Kindergarten to Grade 6: Waterford students are designated to attend Rainbow Creek Elementary School
- Grades 7 to 9: Students attend Chestermere Lake Middle School
- Christian and French Immersion programs for K-6: Available at East Lake School
- Christian and French Immersion for Grades 7-9: Available at Chestermere Lake Middle School
The community is served by Rocky View Schools, which has experienced significant growth with a 55% population increase in Chestermere between 2014 and 2024.
What parks and recreational amenities are in Waterford?
Waterford features eight parks and green spaces, three storm ponds with scenic pathways, and two neighbourhood centres. The community is designed for active living with walking paths connecting throughout.
Nearby Chestermere offers a 2.5-hectare off-leash dog park, four sport courts for tennis, basketball, and pickleball, and the 36-hectare Chestermere Lake for boating, fishing, swimming, and winter activities.
What makes Waterford unique for multigenerational living?
Waterford is specifically marketed as "the community for generational living." Many homes are designed with main-floor bedrooms featuring full ensuites, walk-in closets, and layouts that provide privacy for extended family, aging parents, or guests. Homes are also designed with secondary suite potential, subject to city approval.
The developer, Douglas Developments, has focused on creating spaces that work for families at every stage of life, from young children to retirees, with amenities and home designs that adapt to changing needs.
What is the commute like from Waterford to Calgary?
Waterford provides an easy commute into Calgary, making it ideal for Calgary professionals. The community is located just off Highway 1 (Trans-Canada Highway) on the southwest edge of Chestermere.
Driving time to downtown Calgary is approximately 20-25 minutes. The community offers lower density than Calgary neighbourhoods while maintaining proximity to city amenities.
What shopping and amenities are near Waterford?
Waterford features neighbourhood centres with commercial space already developed, including shops and services within walking distance. The high street commercial district offers additional dining and retail options.
A short drive provides access to Chestermere Station for grocery shopping, pharmacies, and restaurants. Calgary's east side retail, including CrossIron Mills Mall, Costco, and major shopping centres, is approximately 15-20 minutes away.
Is Waterford a good place for families?
Yes, Waterford is excellent for families. The community is rated 4.7 out of 5 with perfect 5/5 scores for safety and schools. It features eight parks and green spaces, three school sites, two neighbourhood centres, and walking paths throughout.
Chestermere offers a family-friendly, safe environment where residents enjoy outdoor activities, lake access, and a strong sense of community. The city has prioritized safety by adding RCMP officers, firefighters, and peace officers in recent years.
Is Waterford a walkable community?
Yes, Waterford is known for its high walkability scores. The community features an extensive network of pathways connecting homes to eight parks, three storm ponds, school sites, and neighbourhood centres.
Walking paths are integrated throughout the community, making it easy for residents to access amenities without driving. The community is also close to Chestermere Lake for recreational activities.
When was Waterford developed and what is the development status?
Waterford was launched in 2019. Phases 3 and 4 are currently under development. A new show home parade is launching with several builders.
The commercial space is complete, as are parks, ponds, and walking paths. New lands adjacent to the community are being scouted for development and inclusion into the master plan.
Is Waterford dog-friendly?
Yes, Waterford is a very dog-friendly community. Chestermere has added three new dog parks, including a 2.5-hectare off-leash park that is 2,000 metres long, established through a partnership with TransAlta.
The community's extensive walking paths and green spaces are perfect for dog walking. The 4.7/5 community rating reflects the neighbourhood's pet-friendly atmosphere.
Frequently Asked Questions About
Waterford Housing Market
Get instant answers to the most common questions about living in Waterford, real estate housing market trends, and community amenities. Updated with current market data.
Is Waterford a good place to live?
Yes, Waterford is considered one of Chestermere's best neighborhoods. It offers an exceptional quality of life with a walkable main street, local shops and restaurants, and a strong sense of community. The area features excellent schools, parks, and is known for its safe, family-friendly atmosphere. With its central location, residents enjoy convenient access to downtown Chestermere while having direct access to pathway systems and parks.
What types of properties are available in Waterford?
Waterford offers a variety of property types including single-family detached homes, townhomes, condominiums, duplexes, and new construction developments. The community has options for first-time homebuyers, growing families, and downsizers. Housing styles range from character homes and bungalows to modern luxury infills and townhome complexes.
Is Waterford expensive?
Waterford is considered a desirable inner-city neighborhood in Chestermere. Due to its walkability, mature character, and convenient location, home values reflect the premium of inner-city living while offering a connected, amenity-rich lifestyle within reach of downtown Chestermere.
What amenities are available in Waterford?
Waterford features parks, walking trails, playgrounds, shopping centers, restaurants, cafes, and recreational facilities. The community is also served by several highly-rated schools and is conveniently located near major transportation routes. Popular local businesses include coffee shops, bakeries, breweries, and boutique retail stores that create a vibrant main street atmosphere.
What schools are in Waterford?
Waterford is served by several highly-rated public and private schools. The community falls within the Chestermere school district, which is known for its strong academic programs, extracurricular activities, and diverse educational options including regular programming, French immersion, Catholic education, and private school alternatives.
What is the commute time from Waterford to downtown Chestermere?
Commute times from Waterford to downtown Chestermere typically range from 10 to 30 minutes depending on traffic conditions, time of day, and mode of transportation. The community has excellent access to public transit including bus rapid transit routes, as well as major roadway connections that make driving into the downtown core convenient.
What public transit options serve Waterford?
Waterford is served by multiple Calgary Transit bus routes and rapid transit lines that connect directly to downtown Chestermere and LRT stations. The community's transit hub provides frequent service during peak hours, making it a popular commuting option for professionals working in the city core. Travel times to downtown are typically under 20 minutes.
How did Waterford get its name?
Waterford has a unique history tied to the local community. The name reflects the area's heritage and the families who helped shape the neighborhood. The community's main street festival and local landmarks continue to honor this legacy, making it a distinctive part of Chestermere's cultural fabric.
Is Waterford dog-friendly?
Yes, Waterford is extremely dog-friendly. The community is home to several parks with off-leash areas featuring walking trails and scenic views. Many local cafes, breweries, and restaurants welcome dogs on their patios, and the area has pet supply stores and grooming services within walking distance. It is common to see residents walking their dogs along the main streets and pathways.
What is the main street festival in Waterford?
Waterford hosts a popular annual street festival during the summer months, typically held in July or August. This signature community event is one of the longest-running street festivals in the region, closing down the main avenue for a pedestrian-friendly celebration. The event features local vendors, food trucks, live music, street performers, kids' activities, and family entertainment, attracting thousands of visitors each year.
What parks and green spaces are near Waterford?
Waterford is surrounded by excellent parks and green spaces. The community features multiple playgrounds, sports fields, off-leash dog parks, and a major river pathway system that connects cyclists and pedestrians to other parts of the city. These green spaces offer stunning views and year-round recreational opportunities for residents of all ages.
Waterford Housing Market
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See Market StatsLocal Waterford Schools
Learn about educational options and school ratings in the area.
Public & Catholic schools available
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Waterford Neighbourhood Profile
Waterford is a residential neighbourhood in Chestermere offering:
- Diverse housing options from single-family homes to condominiums
- Walk Score of 78/100 - Very Walkable
- Proximity to major employment centers and transportation routes
- Active community association with year-round events
Schedule a Consultation
Schedule a Neighbourhood TourWaterford Emergency Resources
& Phone Numbers
Important emergency contacts and resources for Waterford residents:
Calgary Police Service
The Calgary Police Service provides law enforcement and public safety services to the Calgary area.
Alberta Health Services
Emergency medical care and health information.
Need immediate real estate assistance in Waterford?
Contact Today's Featured AgentSchools in Waterford
Waterford offers quality educational options for families:
Public Schools
- Elementary: Waterford School
- Middle: Chestermere Middle School
- High: Chestermere High School
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