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DISCOVERY RIDGE

3 Discovery Ridge Lane Sw, Calgary, AB

$1,295,000

Residential · MLS® A2322630
4Bedrooms
5Bathrooms
2,301.17Sq Ft
2Garage
2002Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 3 Discovery Ridge Lane SW.If you've been searching for a home that combines luxury renovations, family functionality, and an unbeatable location, your search ends here.

Located on a beautifully treed corner lot in the heart of Discovery Ridge, this extensively renovated home offers the rare opportunity to enjoy modern finishes and upgrades while living in one of Calgary's most established and desirable communities. Just steps from the end of the street is the entrance to Griffith Woods Park, one...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,301.17 sq ft
Lot Size7,879 sq ft
ZoningR-1
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingCentral Air
ParkingConcrete Driveway • Double Garage Attached • Garage Door Opener • Heated Garage • Insulated • Oversized
ExteriorBalcony • BBQ gas line • Private Yard • Rain Gutters
BasementFull
Year Built2002
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,965After mortgage & expenses
Cap Rate2.6%Based on market rents
Cash on Cash Return-9.1%With 20% down payment
Est. Monthly Rent$4,227Based 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 Jamie Grenier · RE/MAX Realty Professionals