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65 South Ridge Crescent SW
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**OPEN HOUSE SATURDAY JUNE 13th from 1:30-3:00pm** Well-maintained and fully developed half duplex in a convenient location, within walking distance to the college, schools, paved pathways and with a park right outside your front door. Recent exterior updates include shingles, siding, and all new windows, while numerous interior improvements have been completed throughout the home, including the kitchen and bathrooms. The main floor offers a spacious living and dining area with laminate flooring, a bright white kitchen featuring a full appliance package, tiled backsplash, and a comfortable breakfast nook. Patio doors off the kitchen lead to the backyard, where you'll find two parking stalls and access to a side patio area—perfect for enjoying the warmer months. Upstairs, there are three bedrooms and a 5-piece bathroom with double sinks and convenient cheater access to the primary bedroom. The fully developed basement provides additional living space with a large family room, laundry area, utility room with a high-efficiency furnace and newer central air conditioning, plus a versatile flex room suitable for hobbies, storage, or a home office. An excellent opportunity for first-time buyers, students, families, or investors seeking an updated property in a desirable location close to everyday amenities. Be sure to take the virtual tour and explore this home at your convenience. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 10.67 Ft x 15.25 Ft | |
| Den | 7.00 Ft x 7.75 Ft | |
| Furnace | 6.25 Ft x 4.42 Ft | |
| Laundry room | 13.08 Ft x 6.83 Ft | |
| Storage | 9.58 Ft x 6.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 10.83 Ft x 15.08 Ft | |
| Dining room | 9.67 Ft x 10.50 Ft | |
| Kitchen | 9.50 Ft x 14.08 Ft | |
| 2pc Bathroom | 2.92 Ft x 6.92 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.33 Ft x 11.50 Ft | |
| Bedroom | 9.50 Ft x 7.58 Ft | |
| Primary Bedroom | 9.50 Ft x 11.75 Ft | |
| 5pc Bathroom | 8.33 Ft x 7.83 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
14.50%
Cap rate
7.76%
GRM
9.3
Break-even rent
$1,716
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.
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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.
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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.
Location of this listing. Distances are straight-line.
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