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85 Rideau Close SW
Beds
4
Baths
3
Sqft
1,101
Year
1983
Type
Single Family
On market
19d
Click brochure link for more details** Welcome to your private country retreat in the heart of Ridgegate. Tucked away on a quiet cul-de-sac in desirable Airdrie, this charming south-facing bungalow offers the perfect blend of space, flexibility, and lifestyle. Surrounded by mature, towering trees and set on a large 5,492 sq ft corner lot, this home feels like a peaceful country escape—right in the city. Step inside and you’re greeted by natural light pouring through oversized windows, highlighting the warmth of original hardwood floors and the inviting character throughout. The beautifully renovated main bathroom, completed in 2025, features a brand new clawfoot tub—perfect for long, relaxing soaks and that soft, luxurious country bath experience. The bright kitchen, with freshly painted cabinetry, keeps things fresh and functional while maintaining the home’s charm. Upstairs offers 2 spacious bedrooms and 2 bathrooms, while the lower level provides incredible flexibility—with 2 additional bedrooms, a full bathroom with walk-in shower, and a private separate entrance, creating excellent future suite potential (subject to permits and approval). Ideal for multigenerational living, extended family, guests, the lower level is designed with comfort in mind and features brand new carpet, a cozy eat-in kitchen/bar area, convenient laundry, and select newer furnishings that may be included—creating a true turnkey luxury-style living space. The basement development feels fresh, modern, and lightly lived in, offering exceptional value and move-in-ready comfort. Additional upgrades include a water softener system and a 50-gallon hot water tank designed to comfortably service both levels of the home. Step outside into a true gardener’s dream:• Mature trees offering privacy and shade• Flower gardens galore with established perennial beds• Beautiful flowering lilac trees adding seasonal color and charm• A massive, established vegetable garden—perfect for your own country-st yle harvest• South-facing yard with incredible sun exposure• Wraparound deck ideal for morning coffee or evening unwinding• Space for a future double garage (subject to permits and approvals). Located just steps from walking paths, Nose Creek Park, schools, shopping, and amenities, this home offers both convenience and calm. Whether you’re looking for a family home, an investment opportunity, or a lifestyle upgrade—this one delivers. Properties with this much charm, privacy, garden space, suite potential (subject to permits and approval)l, and flexibility rarely come available in Ridgegate. RV Parking is a bonus as well! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.00 Ft x 13.17 Ft | |
| Bedroom | 12.25 Ft x 10.33 Ft | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.58 Ft x 12.83 Ft | |
| Bedroom | 10.67 Ft x 10.25 Ft | |
| Living room | 19.67 Ft x 13.17 Ft | |
| Dining room | 10.00 Ft x 9.50 Ft | |
| Kitchen | 13.33 Ft x 13.25 Ft | |
| 3pc Bathroom | 4.92 Ft x 6.33 Ft | |
| 4pc Bathroom | 7.50 Ft x 9.17 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
-1.24%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,601
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 25, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Airdrie. 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.