281 Cougar Ridge Drive SW in Cougar Ridge, Calgary is a six-unit townhouse-style condominium complex built in 2006. The bungalow-style homes average just over 1,100 square feet, with recent sales averaging around $498,000 and monthly condo fees of approximately $373. Unit interiors feature open-concept layouts, stone countertops, and stainless steel appliances. The City of Calgary's 2026 assessed value for units in this building averages $413,000. Before finalizing a purchase, prospective buyers should have the condo documents—including reserve fund study, financial statements, board minutes, and bylaws—professionally reviewed to understand the building's financial health and any upcoming capital expenditures.