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40 Cougar Ridge Heights SW
OPEN HOUSE SUNDAY, June 14, 2-4PM Exceptional former Jayman showhome in the prestigious community of Cougar Ridge, offering over 3,100 sq ft of beautifully finished living space including a fully developed walkout basement. Impressive main floor has 9 ft ceilings, rich hardwood flooring, and an inviting open-concept layout with a south facing front for tons of natural light. The chef-inspired kitchen features granite countertops, stainless steel appliances, cherry wood cabinetry, and a large centre island that seamlessly connects to the dining and living areas. Fancy get-togethers can be enjoyed in the formal dining room. Upstairs, the spacious bonus room provides the perfect family retreat, complemented by three generous bedrooms and a large office ideal for working from home. The primary suite is a true sanctuary with a walk-in closet and a luxurious 5 pc ensuite with double sinks. A second full 5 pc bathroom with dual sinks adds convenience for busy households. The fully finished walkout basement expands your living space with large windows that flood the area with natural light, two additional bedrooms (one with higher ceiling), a full bathroom, and a spacious recreation area. Cozy up for movie nights or entertaining guests in the living room featuring a striking floor-to-ceiling stone fireplace and a stylish wet bar. Additional highlights include a finished and insulated garage, central air conditioning, central vacuum system, built-in sound system, new water heater, new washer, and updated basement flooring. The mature, treed backyard offers privacy and a peaceful outdoor retreat with a deck and covered patio area. Located in desirable Cougar Ridge, this home is surrounded by top-rated schools including Calgary French & International School, West Springs School, and Ernest Manning High School. Enjoy quick access to Canada Olympic Park, WinSport, and an abundance of parks, pathways, and green spaces. Nearby shopping and dining options at Aspen Landing, West Sp rings Village, and Signal Hill Centre provide everyday convenience. Commuting is effortless with easy access to Bow Trail, Stoney Trail, and downtown Calgary. **Some images have been virtually/digitally staged to illustrate possible furnishings and layout. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Exercise room | 13.08 Ft x 20.50 Ft | |
| Family room | 11.83 Ft x 15.00 Ft | |
| Other | 9.58 Ft x 7.75 Ft | |
| Bedroom | 11.58 Ft x 10.17 Ft | |
| Bedroom | 8.00 Ft x 13.67 Ft | |
| 3pc Bathroom | 7.67 Ft x 4.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.92 Ft x 12.25 Ft | |
| Dining room | 9.00 Ft x 14.08 Ft | |
| Kitchen | 13.50 Ft x 9.83 Ft | |
| Breakfast | 11.33 Ft x 8.00 Ft | |
| 2pc Bathroom | 5.25 Ft x 4.33 Ft | |
| Laundry room | 8.17 Ft x 10.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 8.92 Ft x 14.00 Ft | |
| Primary Bedroom | 13.08 Ft x 13.50 Ft | |
| 5pc Bathroom | 12.33 Ft x 10.92 Ft | |
| Bedroom | 12.00 Ft x 9.92 Ft | |
| Bedroom | 9.58 Ft x 10.00 Ft | |
| Office | 7.33 Ft x 12.00 Ft | |
| 5pc Bathroom | 7.42 Ft x 9.33 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
-0.84%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,992
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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