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Calgary · Single Family · under $575,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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134 Erin Ridge Road SE
Welcome to 134 Erin Ridge Road SE – an incredible opportunity situated on one of the largest lots you'll find in the community. Set on a massive pie-shaped, southwest facing lot spanning nearly 7,300 sq. ft, this property offers endless possibilities for homeowners, investors, and those dreaming of creating additional outdoor or functional living space. Recently refreshed from top to bottom, the home features brand new laminate flooring, plush new carpet, and a fresh coat of paint throughout, providing a clean and move-in ready canvas. The kitchen presents a fantastic opportunity to bring your own vision to life and design the dream space you've always wanted. Upstairs, you'll find three generously sized bedrooms and a well appointed 4-piece bathroom, offering comfortable living for families of all sizes. The fully finished basement adds valuable additional space with a large recreation area, a 3 piece bathroom, laundry area, and a versatile den ideal for a home office, home gym, or guest space. The true standout here is the exceptional sunny SW facing backyard. Whether you envision summer entertaining, a garden oasis, room for the kids and pets to play, or future development opportunities, this oversized lot delivers. With rear lane access and ample space for a future double detached garage, the possibilities are plentiful. The property is zoned R-CG, providing potential for additional residential development options, subject to City of Calgary approval and permitting requirements. Located in the established community of Erin Woods, residents enjoy convenient access to schools, parks, pathways, transit, major roadways including Deerfoot Trail, Peigan Trail and Stoney Trail, as well as nearby shopping and amenities. Offering exceptional lot size, recent updates, and long term potential, this is a property that's hard to replicate at this price point. Book your private showing today! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Den | 8.42 Ft x 7.08 Ft | |
| Recreational, Games room | 14.67 Ft x 15.67 Ft | |
| Furnace | 14.25 Ft x 8.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| Dining room | 7.42 Ft x 13.33 Ft | |
| Kitchen | 10.67 Ft x 11.08 Ft | |
| Living room | 11.33 Ft x 13.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 11.25 Ft x 8.58 Ft | |
| Bedroom | 12.33 Ft x 7.92 Ft | |
| Primary Bedroom | 12.58 Ft x 17.08 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.29%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,268
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 25, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
3.7 km away
7.5 km away
8.9 km away
Al Madinah Islamic Centre
11.3 km away
Al-Hedaya Islamic Centre
12.1 km away
Elementary
2.4 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
3.3 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
7.3 km away
Halal grocery
Amir Halal Meats & Grocery
3.2 km away
Shaheen Grocery, Bakery & Halal Meat
9.0 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.