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57 Discovery Ridge Hill SW
Beds
5
Baths
3
Sqft
1,762
Year
2002
Type
Single Family
On market
32d
Walk-Out Basement, Across from Green Space with Sunny Southwest Backyard! Almost 2700 sq ft of living space in this lovingly and beautifully maintained home. As you enter through the foyer, you are greeted with an abundance of natural light along with a calm and neutral colour palate, soaring 10 foot ceilings that add grandeur and height, and large windows with custom drapery that spill sunshine throughout. Natural maple hardwood adorns the whole main floor, and an elegant fireplace adds to the relaxing and inviting atmosphere. The kitchen boasts quartz countertops, a gas stove, large central island with eat bar, and a corner pantry, and flows seamlessly into the dining room. French doors, with a convenient retractable screen, lead to the upper deck where you can enjoy peaceful views of the lush yards. Also on the main floor are two bedrooms (one could also be used as an office), a large full bathroom, and a convenient laundry room. Upstairs, the luxurious master suite is a homeowner’s dream and offers a relaxing and peaceful retreat at the end of a long day. It has vaulted ceilings, large windows looking over to the park, a seating area, an ensuite bathroom with a soaker tub, his and hers sinks and a large walk-in closet. The fully finished walk-out basement, with two additional bedrooms, a full bathroom and a large rec room, is bright with many windows and offers direct access to the sunny southwest yard. New Furnace (2023) New water softener and dechlorinator/water purifier (2023) New UV window protection film (2024 – living/dining room) All this in the highly sought-after community of Discovery Ridge, just steps from greenspace, a network of community pathways and parks, and the beautiful Griffith Woods Park. *NOT your standard duplex! The only attached wall to the neighboring structure is a bump-out in the garage allowing extra space for storage. * (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 14.42 Ft x 11.00 Ft | |
| Bedroom | 10.17 Ft x 10.83 Ft | |
| Recreational, Games room | 36.83 Ft x 11.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 13.42 Ft x 11.42 Ft | |
| Bedroom | 13.67 Ft x 8.67 Ft | |
| Dining room | 13.75 Ft x 9.08 Ft | |
| Living room | 25.75 Ft x 13.83 Ft | |
| Kitchen | 12.08 Ft x 9.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | — | |
| Primary Bedroom | 17.50 Ft x 17.00 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
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
-0.92%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,391
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.
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 13, 2026.
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