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1306, 281 Cougar Ridge Drive SW
homes for sale · Calgary · Cougar Ridge
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$430,000

1306, 281 Cougar Ridge Drive SW

Cougar Ridge, Calgary · MLS® A2320684

221

1,164 sq ft · Townhouse · Single Family · built 2006 · 134 days on market

listed by Zahra Jiwa, RE/MAX Realty Professionals

realtor's description

PARK-FRONT BUNGALOW TOWNHOME WITH ATTACHED GARAGE & HUGE UNFINISHED BASEMENT! Ideally located in the desirable community of Cougar Ridge, this bright and spacious one-level townhome offers 1,163.69 sq. ft. of comfortable living space PLUS an unfinished basement ready for future development. Perfectly positioned with windows facing a beautiful park and green space, this home enjoys a peaceful setting with scenic views right outside your front door. The open-concept layout features hardwood flooring throughout the main living areas, a spacious living room highlighted by large windows and a cozy corner fireplace, and a generous dining area ideal for both everyday living and entertaining. A lovely patio just off the dining space is perfect for enjoying warm evenings. The functional kitchen is equipped with ample cabinetry, stainless steel appliances (including brand new Microwave/Hoodfan), tile backsplash, abundant counter space, and a raised breakfast bar overlooking the dining area. The thoughtfully designed floor plan offers two bedrooms, on opposite sides of the unit for privacy. The primary retreat with a walk-in closet has a private 4 pc ensuite. The a second bedroom and another full 4 pc bathroom complete this level. Large windows throughout fill the home with natural light, creating a warm and inviting atmosphere. The unfinished basement has large windows and could easily be developed with another 2 bedrooms, bathroom and recereation area. In addition to the laundryspace, the lower level provides excellent storage and outstanding potential for customization. Completing the home is a convenient single attached garage and mudroom space with direct access into the unit. Enjoy an exceptional West Calgary location close to parks, walking paths, great schools, shopping, restaurants, recreation facilities, transit, and easy access to downtown, Stoney Trail, and the mountains. An outstanding opportunity for first-time buyers, downsizers, or investors seeking low-mainte nance living in a highly sought-after community. Lots of visitor parking just outside the unit!

similar homes nearby

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
2
living area
1,164 sq ft
parking
1
year built
2006
property tax
$2,736 / yr
strata fee
$375 / mo ($0.32 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
134
MLS®
A2320684

features

  • See remarks
  • Other
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$2,476/mo
Mortgage $1,873 · Tax $228 · Strata $375

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,873/ monthly
loan $344,000
25-year amortization
total interest
$218,041
land title fees
$875
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$86,875
down + land title fees
total paid
$562,041

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$959/mo
cap rate
2.6%
yearly net rent ÷ price

Costs: mortgage $1,873 · tax $228 · strata $375 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE West Ridge School1.4 km
  • Secondary · CBE Start Outreach2.2 km
  • Elementary · Catholic St. Joan of Arc Elementary/Junior High School1.5 km
  • Secondary · Catholic St. Francis High School7.6 km

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Zahra Jiwa
RE/MAX Realty Professionals
call Zahra · 403-680-0449
Powered by: REALTOR.ca

location

Cougar Ridge, CalgaryGoogle Maps ↗

city assessment

$411,500

2026 assessment · market value as of July 1, 2025

  • Up 4.2% from $395,000 in 2025
  • $350,000 in 2016 (18% over ten years)
  • Asking price is 4% above the assessment
  • Built 2006
  • Lot 594 m² (6,398 sq ft)
roll yearassessed
2026$411,500
2025$395,000
2024$363,500
2023$336,000
2022$313,000
2021$304,500
2020$314,500
2019$324,000

From City of Calgary open data (property assessments), matched to 1306 281 COUGAR RIDGE DR SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,736 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $2,736 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

Cougar Ridge, CalgaryGoogle Maps ↗
Drive times
  • Calgary Waldorf2 min
  • Start Outreach10 min
  • Ambrose University10 min
  • Foothills Medical Centre15 min
  • Downtown Calgary17 min
  • YYC airport29 min
66

Walkability 66/100 · Walkable: many errands on foot

Within a 10 minute walk: 8 places to eat or drink, 1 cafe, 12 parks and playgrounds, 2 schools, 1 pharmacy, 11 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

306, 281 Cougar Ridge Drive SW, Calgary
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Townhouse
$549,900
4methe deep dive
306, 281 Cougar Ridge Drive SW
Cougar Ridge, Calgary2 days on market
listed by Bode Platform Inc.
3321,152 sq ft
MLS® A2354383