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216 Ricardo Ranch Drive SE
Beds
5
Baths
4 full + 1 half
Sqft
1,558
Year
2026
Type
Single Family
On market
39d
Welcome to 216 Ricardo Ranch Drive SE - a beautifully designed Elm model by Brookfield Residential, ideally situated on a corner lot across from a park and playground in the growing community of Seton Ridge. Offering over 1,500 sq. ft. of thoughtfully planned living space above grade, this move-in ready home features 3 bedrooms and 2.5 bathrooms above grade, plus a fully developed 2-bedroom, 1-bathroom legal basement suite - delivering exceptional flexibility, modern design, and long-term value. Step inside to a bright and inviting main floor, where the open-concept layout is designed for both everyday living and entertaining. The kitchen serves as the heart of the home, featuring a gas range, chimney hood fan, and a functional layout that flows seamlessly into the dining and living areas. The living room is anchored by a stylish electric fireplace, creating a warm and comfortable atmosphere. Thoughtful upgrades, including railing throughout and a vanity in the powder room, add both style and functionality, while additional side windows enhance natural light and architectural appeal. A convenient 2-piece powder room completes the main level. On the upper level, you’ll find three well-appointed bedrooms, including a spacious primary retreat featuring a walk-in closet and a beautifully finished ensuite with a tiled shower. Two additional bedrooms, a full bathroom, a bonus room, and upper-level laundry complete the upper floor, offering a practical and family-friendly layout. The fully developed 2-bedroom legal basement suite is a standout feature, complete with its own separate laundry - ideal for multi-generational living or as a potential income-generating opportunity. Outside, the home continues to impress with a finished deck, gas line for your BBQ, gemstone lighting, and a fenced yard - perfect for relaxing or entertaining. The corner lot location across from green space and a playground adds to the home’s appeal, offering both privacy and convenience. Seton Ridg e offers the perfect balance of natural surroundings and urban accessibility. Enjoy close proximity to the South Health Campus, Seton YMCA, and a wide variety of shopping, dining, and entertainment options, along with access to pathways, parks, and the Bow River. Combining thoughtful design, flexibility, and an unbeatable location, this is a home you won’t want to miss. Built by Brookfield Residential, this home includes builder warranty and Alberta New Home Warranty for total peace of mind. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | — | |
| 4pc Bathroom | — | |
| Kitchen | 4.08 Ft x 12.75 Ft | |
| Living room | 8.33 Ft x 13.58 Ft | |
| Bedroom | 8.92 Ft x 10.17 Ft | |
| Bedroom | 8.17 Ft x 10.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| Great room | 11.17 Ft x 16.25 Ft | |
| Dining room | 9.08 Ft x 10.08 Ft | |
| Kitchen | 9.75 Ft x 11.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | — | |
| 4pc Bathroom | — | |
| Bedroom | 8.42 Ft x 9.83 Ft | |
| Bedroom | 8.33 Ft x 10.42 Ft | |
| Bonus Room | 9.50 Ft x 12.17 Ft | |
| 4pc Bathroom | — | |
| Primary Bedroom | 11.58 Ft x 11.75 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
-1.02%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,120
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 29, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.