Welcome to 161 Chestnut Way, a beautifully maintained bi-level home where pride of ownership shines throughout. Owned by the original owners since new, this property is in immaculate condition and offers the perfect combination of comfort, functionality, and location. Backing onto a park and green space with direct access to walking trails, this home provides a rare opportunity to enjoy peaceful views along with a great income-generating legal suite in the basement.
The curb appeal begins with an exposed aggregate driveway, an attached and heated double garage, and a welcoming front entry. Inside, a bright open-concept layout with vaulted ceilings and a gas fireplace creates a warm and inviting atmosphere in the main living area. The hardwood floors are in pristine condition, and the home was freshly painted in 2022, adding a modern and refreshed feel.
The kitchen offers ample cabinet space, laminate counters, and a full suite of appliances including a new microwave (2024) and dishwasher (2023). From the dining area, step outside onto the covered dura deck with glass railing — perfect for BBQs with a gas line already in place. The yard backs directly onto a playground and open field, providing a family-friendly backdrop with room to play, relax, or enjoy summer evenings.
On the main level, you’ll find three bedrooms, all with plush carpet and large closets. The primary suite features a walk-in closet and a private four-piece ensuite with a beautiful, calming wall colour that gives the space a relaxing feel. The laundry room at the main entrance adds convenience, with a washer replaced in 2023 and direct access to the garage.
The lower level was developed in 2015 and features a two-bedroom, two-bathroom legal suite with its own separate laundry and in-floor heat for added comfort. The suite’s layout includes a spacious kitchen with a cooktop, dishwasher, fridge, microwave, and plenty of counter space — ideal for extended family or rental income. The larger bedroom offers two closets and an ensuite, while the second bedroom is located down a separate hall for added privacy, with its own bathroom as well.
Additional highlights include a hot water tank replaced in 2017, a central vacuum system, a utility sink in the mechanical room, and an HRV system. The home’s front yard enjoys plenty of afternoon sun, and the rear gate opens directly to the park and trails.
Located in a welcoming Timberlea neighbourhood surrounded by great neighbours, this property has been lovingly cared for and is move-in ready. With its legal suite, beautiful condition, and incredible setting, 161 Chestnut Way is the perfect place to call home. Schedule your private showing today.
Data was last updated November 29, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
321
Avg list price:
$359,900
Min list price:
$44,900
Max list price:
$1,995,000
Avg days on market:
55
Min days on market:
1
Max days on market:
372
Avg price per sq.ft.:
$265.39
These statistics are generated based on the current listing's property type
and located in
Fort McMurray. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.