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148 Scenic Ridge Crescent NW
Beds
4
Baths
4 full + 1 half
Sqft
2,080
Year
1996
Type
Single Family
On market
0d
**OPEN HOUSE: SATURDAY & SUNDAY 1-3PM Welcome to 148 Scenic Ridge Crescent NW, a beautifully renovated walkout bungalow located in the prestigious estate area of Scenic Acres. Backing directly onto a natural ravine and green space with impressive mountain views, this exceptional home offers over 3,800 sq. ft. of total developed living space in one of northwest Calgary's most sought-after locations. Designed for both everyday comfort and entertaining, the main level features over 2,000 sq. ft. of bright, open living space with soaring 14-foot ceilings, large windows, rich hardwood flooring, and an abundance of natural light throughout. The spacious kitchen is equipped with stone countertops, extensive cabinetry, a large island with breakfast bar, premium appliances including a Sub-Zero refrigerator and Wolf double ovens, and opens seamlessly to the main living areas. The thoughtful floor plan includes 4 bedrooms and 3.5 renovated bathrooms featuring high-quality finishes, custom glass showers, and built-in bench seating. The primary suite offers the convenience of its own laundry area within the walk-in closet, while a second laundry room is located on the lower level. The fully developed walkout basement adds approximately 1,800 sq. ft. of additional living space and is ideally suited for hosting family and friends. Highlights include a wet bar with wine fridge, two gas fireplaces, a dedicated wine storage room with custom wine racks, in-floor hydronic heating, and direct access to the backyard patio. Outdoor living is equally impressive. Enjoy the expansive vinyl-covered deck with glass railings, a gas line for your BBQ, and unobstructed views of the surrounding ravine and mountains. The professionally finished stamped concrete patio, exposed aggregate concrete, and low-maintenance natural landscaping create a private and relaxing outdoor setting. Additional features include triple-pane vinyl windows on the main floor, electronic blinds, central air conditioning, central vacuum, an oversized garage with high ceilings and additional storage space, painted stucco exterior, and a newer rubber shingle roof. Solar panels help offset utility costs for a significant portion of the year. This is a rare opportunity to own a fully renovated, turn-key walkout bungalow on the ridge in Scenic Acres. With exceptional views, quality upgrades throughout, and evident pride of ownership, this home offers a lifestyle that is difficult to find and easy to enjoy. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.33 Ft x 9.42 Ft | |
| Bedroom | 12.92 Ft x 14.92 Ft | |
| Bedroom | 11.33 Ft x 12.00 Ft | |
| Bedroom | 11.25 Ft x 12.92 Ft | |
| Family room | 20.33 Ft x 31.08 Ft | |
| 4pc Bathroom | 4.92 Ft x 11.25 Ft | |
| Laundry room | 8.25 Ft x 12.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 15.58 Ft x 19.08 Ft | |
| Breakfast | 11.92 Ft x 20.42 Ft | |
| Great room | 20.92 Ft x 22.42 Ft | |
| Dining room | 13.50 Ft x 13.50 Ft | |
| Office | 11.00 Ft x 15.67 Ft | |
| 2pc Bathroom | 5.08 Ft x 6.58 Ft | |
| Primary Bedroom | 13.83 Ft x 15.42 Ft | |
| 4pc Bathroom | 11.58 Ft x 12.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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
-0.68%
Cap rate
4.73%
GRM
13.9
Break-even rent
$9,485
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 12, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
1.7 km away
8.9 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.