Pending

DISCOVERY RIDGE

361 Discovery Ridge Way Sw, Calgary, AB

$1,449,900

Residential · MLS® A2320360
4Bedrooms
4Bathrooms
2,487Sq Ft
2Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

Have you been waiting for a home that is truly distinctive? Set on a lot nearly triple the size of many newer homes in the community, 8000 + sq. ft, this extensively renovated in 2022, property combines timeless design, architectural character, and a natural setting unlike anything else in Discovery Ridge. With over 3,600 sq. ft. of developed living space, a bright open floor plan, and a rooftop balcony with mountain views, this home stands apart from the rest. Resurfaced...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,487 sq ft
Lot Size8,589 sq ft
ZoningR-G
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingAdditional Parking • Double Garage Attached • Driveway • Front Drive • Garage Door Opener • Garage Faces Side • Heated Garage • Insulated • On Street • Oversized • Tandem
ExteriorBalcony • Covered Courtyard • Lighting • Private Yard
BasementFull
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,305After mortgage & expenses
Cap Rate2.6%Based on market rents
Cash on Cash Return-9.5%With 20% down payment
Est. Monthly Rent$4,552Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DISCOVERY RIDGE

Moderate Investment
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Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Rebecca Chaulk · Royal LePage Solutions