Fantastic Investment Opportunity with Legal Suite in Ranchlands!
Well-maintained and thoughtfully upgraded, this detached home sits on a quiet street across from a playground in the desirable northwest community of Ranchlands. Located on a corner lot with easy access to a back laneway, this property offers plenty of surrounding parking and is perfect for both investors and multi-generational living.
Recent updates include:
Roof replaced, basement legal secondary suite, vinyl florring, new fence with front and back gates (2001)
Insulation upgraded to R-50 value (2023)
New storage shed (2024)
Furnace and vents professionally cleaned (2025)
Both the upper and lower suites feature:
2 bedrooms, 1 bathroom
Separate laundry
Kitchen, dining area, and living room
The upper unit includes a deck off the living room
The lower suite includes approx. 108 sq. ft. of storage space
Shared main floor foyer entry
Currently rented to wonderful long-term tenants, the home generates strong income, with rents including utilities.
Located within walking distance to Crowfoot Centre, two elementary schools, and surrounded by greenspaces, Ranchlands offers great access to amenities, playgrounds, and walking paths—an ideal location for tenants or homeowners alike.
Don't miss this turn-key investment property with a legal suite in a sought-after location!
Address
56 Ranchero Rise NW
List Price
$629,900
Property Type
Residential
Type of Dwelling
Detached
Area
Calgary NW
Sub-Area
Ranchlands
Bedrooms
4
Bathrooms
2
Floor Area
1,013 Sq. Ft.
Lot Size
3875 Sq. Ft.
Year Built
1978
MLS® Number
A2208441
Listing Brokerage
Greater Calgary Real Estate
Basement Area
Finished, Full, Suite
Postal Code
T3G1E2
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Walking/Bike Paths, Playground, Sidewalks, Street Lights