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7 Rowberry Court
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Beds
3
Baths
3 full + 1 half
Sqft
1,295
Year
2014
Type
Single Family
On market
61d
An INCREDIBLE OPPORTUNITY for a FIRST TIME BUYER or INVESTMENT PROPERTY! This two story end unit is situated in the sought after neighborhood of Ryders Ridge with an oversize pie-shaped lot. The location is ideal, park the car and walk to everything you need! Conveniently close to schools, shopping, and restaurants. The earth tone exterior is accented with stone work and a covered entrance. The single attached garage provides a cozy indoor parking spot. The home features a functional floor plan that flows beautifully. The large entry way leads to both the living room and the garage. The kitchen features rich dark cabinetry, peninsula sit-up bar, and a charming corner sink. Dine inside or step thru the garden door to enjoy the patio. The backyard is fully fenced for the kids and pets to safely play. Step thru the gate and embrace the expansive green space and walking paths. Back inside, head upstairs to relax in the spacious primary bedroom, boasting a 3-piece ensuite and wonderful walk-in closet. Two additional bedrooms and a 4-piece bathroom complete this upper level. The basement awaits your finishing touches, but currently provides loads of storage space and the bathroom plumbing has been roughed in. Laundry is also located on this lower level. Come discover this RARE OPPORTUNITY! Take your tour today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 5.08 Ft x 10.92 Ft | |
| Living room | 12.67 Ft x 15.33 Ft | |
| Kitchen | 11.83 Ft x 9.08 Ft | |
| Dining room | 9.83 Ft x 9.92 Ft | |
| 2pc Bathroom | 4.83 Ft x 5.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.33 Ft x 11.00 Ft | |
| 3pc Bathroom | 6.00 Ft x 7.58 Ft | |
| Bedroom | 10.08 Ft x 9.42 Ft | |
| Bedroom | 12.17 Ft x 9.17 Ft | |
| 4pc Bathroom | 8.00 Ft x 4.92 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
-0.72%
Cap rate
4.72%
GRM
13.5
Break-even rent
$2,449
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.
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 Jun 8, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sylvan Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.