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511 Rocky Ridge Drive NW
Beds
3
Baths
3 full + 1 half
Sqft
1,548
Year
2002
Type
Single Family
On market
0d
Perched in an enviable location in Rocky Ridge, this immaculately maintained, fully developed walk-out bungalow offers over 1,540 square feet of main-floor living space designed to capture sweeping views of the Rocky Mountains. The main level immediately draws you in with high ceilings and expansive windows framing the mountain skyline, featuring a dedicated front office, an elegant formal dining room, and a wide-open living room and kitchen area divided by a 3-sided glass fireplace. The chef-style kitchen is equipped with quartz countertops, a massive central island with bar seating, and a large pantry, flowing seamlessly into the bright breakfast nook and out to the upper deck. Tucked away for maximum privacy, the primary bedroom serves as a true retreat with a 4-piece ensuite that cleverly connects straight through to a massive walk-in closet. You’ll love having the laundry on this level next to the access for the garage. Downstairs, the fully finished walk-out lower-level transitions into a spacious recreation room anchored by a cozy fireplace surrounded by high-end, floor-to-ceiling custom built-in cabinetry. This level adds exceptional functionality with two additional generously sized bedrooms—one featuring direct cheater-suite access to the full bathroom. The mechanical room offers plenty of storage. Make sure to step outside to a professionally landscaped, low-maintenance yard. Complete with a patio area surrounded by mature trees in a fully fenced backyard. Reach out to your favorite realtor to book a private viewing. It’s a move you’ll be glad you made. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 18.75 Ft x 13.50 Ft | |
| Bedroom | 18.33 Ft x 12.92 Ft | |
| Recreational, Games room | 23.92 Ft x 25.33 Ft | |
| Storage | 15.50 Ft x 20.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Breakfast | 7.33 Ft x 11.33 Ft | |
| Dining room | 13.75 Ft x 10.00 Ft | |
| Foyer | 9.67 Ft x 5.08 Ft | |
| Kitchen | 16.17 Ft x 14.17 Ft | |
| Laundry room | 9.50 Ft x 9.00 Ft | |
| Living room | 15.83 Ft x 12.75 Ft | |
| Office | 12.08 Ft x 9.92 Ft | |
| Primary Bedroom | 17.67 Ft x 13.00 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
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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
-0.86%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,663
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.
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 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
3.4 km away
13.8 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.