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84 Ranchero Rise NW
Beds
5
Baths
2
Sqft
1,035
Year
1977
Type
Single Family
On market
0d
ll OPEN HOUSE - SATURDAY, JUNE 13TH, 1 - 3 P.M. ll OPPORTUNITY KNOCKS!! This fully finished duplex in the great community of Ranchlands is outfitted with a LEGAL THREE BEDROOM BASEMENT SUITE. Several great scenarios for buyers; FIRST TIME HOME BUYERS with legal suite income to help secure your mortgage, (pick your tenant) INVESTMENT OPPORTUNITY (close to University, SAIT & hospital) to increase your rental base and or a MULTI-GENERATIONAL RESIDENCE completely permitted for two families. The main floor has a large family sized living/dining room combination that is bright and open. There are large venting windows overlooking the QUIET STREET and PLAYGROUND. The step saving kitchen offers lots of upper and lower cabinets plus newer appliances. The stacking washer and dryer are in the kitchen area. A generous sized four piece bath is located next to the two bedrooms. The primary bedroom is large and will accommodate a king sized bedroom suite and the second bedroom will fit a queen sized bedroom suite. Laminate easy care flooring, updated lighting and a neutral light paint are great choices that make this home move in ready. The open floor plan leaves options for furniture placement. The lower level has a 3 bedroom legal suite with it's own private entrance. There is a common area as you enter the home for boots and shoes at the landing where you can either head upstairs to the main floor or to the lower level. The lower level has a four piece bathroom, an eat in kitchen area and a living room. The mechanicals were updated in 2024 when the Legal Basement Suite was added. There is lots of street parking as well as three additional parking spaces behind the house. Call your favorite realtor today! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.92 Ft x 8.83 Ft | |
| Primary Bedroom | 10.42 Ft x 12.17 Ft | |
| Bedroom | 9.08 Ft x 10.50 Ft | |
| Bedroom | 8.92 Ft x 10.42 Ft | |
| Eat in kitchen | 9.08 Ft x 11.08 Ft | |
| Living room | 11.08 Ft x 12.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 8.00 Ft | |
| Primary Bedroom | 10.92 Ft x 13.00 Ft | |
| Bedroom | 8.92 Ft x 10.92 Ft | |
| Kitchen | 10.00 Ft x 12.08 Ft | |
| Living room | 11.92 Ft x 23.17 Ft | |
| Dining room | 10.33 Ft x 11.83 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
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
-0.56%
Cap rate
4.75%
GRM
13.6
Break-even rent
$3,353
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 12, 2026.
Exact location of this listing.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.