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7942 Cougar Ridge Avenue SW
Beds
5
Baths
4 full + 1 half
Sqft
1,907
Year
2004
Type
Single Family
On market
24d
Welcome to this stunning five-bedroom family home in the sought-after community of Cougar Ridge. Boasting over 2,760 sq. ft. of developed living space over 3 levels, this residence offers a bright, functional layout featuring a main-floor office and a fully finished basement. The property backs onto a scenic greenbelt and sits just doors away from a local playground. On the main level, a gourmet kitchen sparkles with granite countertops and stainless steel appliances, flowing seamlessly into a spacious dining area and a cozy living room anchored by a fireplace. Upstairs, you will find a convenient laundry room, a full bathroom, and three generous bedrooms alongside the primary suite, which features dual closets and a four-piece ensuite. The fully finished lower level is the ultimate retreat for movie nights or recreation, complete with cozy in-floor heating, a built-in wet bar, a fifth bedroom, and a full bathroom featuring a luxury steam shower. Regrigerator(2022),stove(August 2023),range hood(Oct 2021)Dishwasher(Sep 2025), Air conditioning system(Jun 2023). (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 14.50 Ft x 23.83 Ft | |
| Bedroom | 12.83 Ft x 15.17 Ft | |
| 3pc Bathroom | 6.42 Ft x 9.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Office | 12.17 Ft x 9.08 Ft | |
| Other | 8.00 Ft x 6.00 Ft | |
| Living room | 15.25 Ft x 13.42 Ft | |
| Kitchen | 11.00 Ft x 11.67 Ft | |
| Foyer | 8.50 Ft x 10.83 Ft | |
| Dining room | 11.25 Ft x 11.58 Ft | |
| 2pc Bathroom | 4.42 Ft x 4.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 15.00 Ft x 13.67 Ft | |
| Laundry room | 8.17 Ft x 5.33 Ft | |
| Bedroom | 15.00 Ft x 10.83 Ft | |
| Bedroom | 11.33 Ft x 9.42 Ft | |
| Bedroom | 11.00 Ft x 11.50 Ft | |
| 4pc Bathroom | 8.83 Ft x 8.42 Ft | |
| 4pc Bathroom | 7.58 Ft x 5.00 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
-0.98%
Cap rate
4.67%
GRM
13.9
Break-even rent
$5,118
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 May 20, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.