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$599,000

37 Chaparral Ridge Link SE

Chaparral, Calgary, Alberta

4 bed·2 bath·Detached·MLS® A2334819·3d ago

About this home

(OPEN HOUSE SUNDAY AUG 9TH 1:30 - 3:30 PM) LEGAL SUITE | DOUBLE DETACHED GARAGE | TURNKEY INVESTMENT | FAMILY-FRIENDLY LOCATION Attention investors and first-time buyers! Welcome to **37 Chaparral Ridge Link SE**, an outstanding turnkey investment opportunity in the sought-after community of Chaparral. Whether you're looking to generate rental income, offset your mortgage, or expand your investment portfolio, this versatile property offers exceptional value. The upper suite features a bright, open-concept layout where the kitchen, dining, and living areas flow seamlessly together, creating a comfortable and functional living space. Upstairs you'll also find **two spacious bedrooms**, a full **4-piece bathroom**, and the convenience of **private in-suite laundry**. Accessed from the rear of the home, the **legal lower suite** is anything but your typical basement. Thanks to the unique **4-level split design** and an impressive bank of oversized windows, the suite is flooded with natural light, creating a warm and inviting atmosphere throughout the living room and kitchen. This self-contained suite also offers **two generous bedrooms**, a **4-piece bathroom**, and its own **private laundry**, making it highly desirable for tenants. Adding even more income potential, the **double detached garage** offers the opportunity for a **third revenue stream** through separate rental. The property is **fully fenced and landscaped**, providing a low-maintenance outdoor space that's perfect for both homeowners and tenants alike. Located in the welcoming, family-oriented community of **Chaparral**, you'll enjoy easy access to parks, playgrounds, scenic pathways, schools, shopping, and the beautiful **Bow River Valley**. This is a rare opportunity to own a move-in-ready property that combines lifestyle, flexibility, and excellent long-term investment potential. (id:66681)

Property details

Bedrooms
4
Bathrooms
2
Half baths
0
Year built
1998
Property type
Residential
Building type
4 Level
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings, Garage door opener
Nearby amenities
Lake Privileges
Parking
Detached Garage (2)
Zoning
(R-G)
Community
Chaparral
MLS®
A2334819
Days on market
4

Location

Listing information last updated 3d ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$119,800 (20%)

Base loan amount$479,200

$2,922 / month

First payment: $2,168 interest, $755 principal