Welcome to Unit 119 at Valhalla Ridge—an excellent turn-key investment opportunity in the desirable community of Queensland. This ground-floor condo is currently tenant-occupied, offering immediate rental income with reliable tenants in place.
Perfectly positioned along Canyon Meadows Drive, the property provides outstanding proximity to Fish Creek Park, public transit, schools, and nearby shopping—features that consistently attract and retain quality renters. The building also offers strong amenities such as in-unit laundry and heated underground parking, both highly valued in the rental market.
Inside, the layout is ideal for tenant appeal, featuring a spacious primary bedroom with its own 4-piece ensuite and a well-separated second bedroom situated next to a second full bathroom—perfect for roommates, small families, or working professionals. The south-facing patio with modern glass railings offers private outdoor space, further enhancing rental desirability.
The unit has been recently refreshed with updated flooring, paint, countertops, and sinks throughout, reducing future maintenance needs and making this a low-hassle addition to any investment portfolio. With low condo fees under $400/month, strong nearby amenities, and steady tenant demand in the area, this condo stands out as a smart, reliable long-term hold.
A great chance to secure a cash-flowing property in a well-managed complex—reach out for more details on this investment-ready opportunity at Valhalla Ridge.
Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Data was last updated November 29, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
5,920
Avg list price:
$564,900
Min list price:
$15,000
Max list price:
$13,500,000
Avg days on market:
45
Min days on market:
1
Max days on market:
790
Avg price per sq.ft.:
$402.89
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.