$620,000
37 Chaparral Ridge Link SE
Beds
4
Baths
2
Sqft
—
Year
1998
Type
Single Family
Suite
Legal suite
Location and nearby
Start with mosques, schools, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
Halal grocery
ND Fresh Meat
240 Midpark Way SE unit 7, Calgary, AB T2X 1N4, Canada
3.7 rating · 3 reviews
4.3 km
est. 7 min
Ar-Razzaq Halal Meat & Grocery
15219 Bannister Rd SE, Calgary, AB T2X 1Z3, Canada
4.5 rating · 85 reviews
4.7 km
est. 8 min
Shaganappi Mediterranean Market
9950 Macleod Trl SE, Calgary, AB T2J 3K9, Canada
4.7 rating · 514 reviews
9.2 km
est. 15 min
Mosque
Woodcreek Community Association
1991 Woodview Dr SW, Calgary, AB T2W 5E5, Canada
4.7 rating · 70 reviews
8.5 km
est. 14 min
9.9 km
est. 16 min
11.5 km
est. 18 min
Elementary
Saint Sebastian Elementary School
65 Chaparral Drive SE, Calgary, AB T2X 0E6, Canada
0.5 km
est. 1 min
Cranston School | Calgary Board of Education
205 Cranston Dr SE, Calgary, AB T3M 1E8, Canada
2.4 km
est. 4 min
Dr. George Stanley School | Calgary Board of Education
585 Cranston Dr SE, Calgary, AB T3M 0J4, Canada
3.0 km
est. 5 min
Transit
NB Somerset - Bridlewood Station
Calgary, AB T2Y 3K4, Canada
5.0 rating · 6 reviews
3.6 km
est. 6 min
SB Somerset - Bridlewood CTrain Station
Calgary, AB T2Y 3K4, Canada
4.2 rating · 57 reviews
3.7 km
est. 6 min
Somerset-Bridlewood Stn
Calgary, AB T2Y 3K4, Canada
3.7 rating · 39 reviews
3.7 km
est. 6 min
About this home
LEGAL SUITE | DOUBLE DETACHED GARAGE | FAMILY-FRIENDLY NEIGHBOURHOODAttention first-time buyers and investors. Here is a turnkey investment opportunity in the desirable community of Chaparral. Welcome to 37 Chaparral Ridge Link SE. This property offers a smart layout with an upper suite featuring an open-concept main floor that seamlessly connects the kitchen, living, and dining areas. The upper level also includes 2 bedrooms, a 4-piece bathroom, and dedicated laundry. The legal lower suite is accessed from the rear of the home and offers a bright, inviting space that is far from your typical dark basement. With its 4-level split design and large bank of windows, the lower suite is filled with natural light throughout the kitchen and living area. This suite also features 2 full bedrooms, a 4-piece bathroom, and its own dedicated laundry. Adding even more value, the double detached garage offers the potential for a third revenue stream. The property is fully fenced and landscaped, making it ideal for both owners and tenants. Located in the family-friendly community of Chaparral, this home is close to parks, pathways, and the Bow River Valley, offering an excellent lifestyle and long-term appeal. (id:65958)
- Subtype
- Single Family
- Architectural style
- 4 Level
- Structure
- House
- Community
- Chaparral
- Common interest
- Freehold
- Living area
- 1,531 square feet
- Lot size
- 293 square meters
- Lot dimensions
- 293.00
- Bedrooms
- 2 above grade, 2 below grade
- Parking
- 2 total
- Fireplace
- 1
- On market
- Apr 16, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $3,340.45 (2025)
- Zoning
- (R-G)
- Photos
- 39
- MLS#
- A2302031
- Area
- CALGARY_SE
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Foundation
Lot
Community
Cash on cash
-1.10%
Cap rate
4.64%
GRM
13.9
Break-even rent
$3,845
Financing
Operating expenses (monthly)
Estimates 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.