Active
RICARDO RANCH
71 Ricardo Ranch Avenue Se, Calgary, AB
$999,900
Residential · MLS® A23060306Bedrooms
5Bathrooms
2,534Sq Ft
2Garage
2025Year Built
02 / Overview
PROPERTY OVERVIEW
** Brand New Genesis Home with a Legal 2 Bedroom Basement Suite | Show Home Leaseback Opportunity ** Welcome home to the Calaria II designed & built by Genesis Homes. This thoughtfully designed home is being offered with a rare show home leaseback opportunity where Genesis pays all utilities, completes regular home maintenance, professionally cleans the home weekly, & the one year warranty begins after the leaseback term ends. Benefit from capital appreciation before you move in! This incredible home...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,534 sq ft
Lot Size2,873 sq ft
ZoningR-G
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached • Driveway • Garage Faces Front • On Street
ExteriorBBQ gas line • Lighting • Rain Gutters
BasementFull
Year Built2025
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,308After mortgage & expenses
Cap Rate2.9%Based on market rents
Cash on Cash Return-7.8%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RICARDO RANCH
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Investment ScoreN/A
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Active ListingsN/A
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Listed by Happe Dhillon · RE/MAX Crown