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Calgary · Single Family · under $1,300,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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40 Silver Ridge Court NW
Welcome to The Silver Sanctuary — an exceptional opportunity on one of Silver Springs' most exclusive and quietly coveted streets. Tucked at the end of a private cul-de-sac on Silver Ridge Court NW, this beautifully renovated two-storey home delivers a rare combination of space, systems, and lifestyle that no comparable active listing in Silver Springs can match today.From the moment you arrive, the setting speaks for itself — a quiet street where the only traffic belongs to the people who live here, framed by the mature trees and established character that only a community like Silver Springs can offer.The main level features two distinct open-concept zones: a bright and generous living and dining area anchored by electric blinds, and a family room that opens naturally into an updated kitchen with quartz countertops, a KitchenAid refrigerator (included), and a Maytag dishwasher. New high-quality flooring runs throughout the entire home — not a single carpet in sight. A main floor bedroom, 2-piece bathroom, and the first of two independent laundry rooms complete this level.Upstairs, the primary suite is a true retreat — featuring a double closet, a private balcony overlooking the mature backyard, and a luxurious 5-piece ensuite with double vanity and generous extra storage. Two additional spacious bedrooms, a full 3-piece bathroom. The fully developed basement is one of this home's most compelling surprises. A brand new dedicated office — thoughtfully finished and designed for serious focus — joins a fifth bedroom with egress window, a large recreation room, a full 4-piece bathroom, and a second dedicated laundry room complete the upper level plus a substantial storage throughout.Outside, two independent decks create distinct outdoor experiences in a private, fenced backyard surrounded by mature trees and equipped with motion sensor lighting. Back lane access adds everyday convenience.The systems of this home are as impressive as the spaces: solar panels, dual furnace units providing independent zone coverage across all three levels, a water filtration and softening system, and five independent access points including a service entrance. The double attached garage features built-in storage racks.Silver Springs offers direct access to Bowmont Park and 164 hectares of river pathways, the Silver Springs Golf Course, a community outdoor pool, top-rated schools, and quick connections to Stoney Trail and Shaganappi Trail.This is the complete Silver Springs home you have been waiting that you need to visit in person, Schedule your showing!! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.75 Ft x 10.83 Ft | |
| Bonus Room | 8.50 Ft x 10.17 Ft | |
| Recreational, Games room | 18.17 Ft x 24.00 Ft | |
| Storage | 6.50 Ft x 5.00 Ft | |
| Furnace | 19.50 Ft x 20.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 3.00 Ft x 7.33 Ft | |
| Bedroom | 8.50 Ft x 14.67 Ft | |
| Dining room | 11.92 Ft x 9.08 Ft | |
| Family room | 11.92 Ft x 19.58 Ft | |
| Kitchen | 13.50 Ft x 12.33 Ft | |
| Laundry room | 6.50 Ft x 7.00 Ft | |
| Living room | 17.00 Ft x 17.83 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.58 Ft x 5.00 Ft | |
| 5pc Bathroom | 9.08 Ft x 5.00 Ft | |
| Bedroom | 11.67 Ft x 11.08 Ft | |
| Bedroom | 11.58 Ft x 12.08 Ft | |
| Primary Bedroom | 13.58 Ft x 17.00 Ft | |
| 4pc Bathroom | 9.42 Ft x 5.75 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
-0.74%
Cap rate
4.72%
GRM
13.9
Break-even rent
$7,356
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 Jul 2, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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4.4★ · 93 reviews
864.2 km away
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4.9★ · 18 reviews
861.4 km away
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861.7 km away
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862.0 km away
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866.5 km away
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