New buildInvestment signal

$529,000

10 Tulip Ridge Boulevard

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Beds

Baths

4 full + 1 half

Sqft

—

Year

2026

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Paradise. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 10 Tulip Ridge Boulevard, a thoughtfully designed home offering modern finishes and functional living space. The main level features an open-concept layout with a bright living room, dining area, and kitchen, along with access to the rear deck. The second floor includes three bedrooms, highlighted by a primary bedroom with walk-in closet and ensuite, plus a full main bathroom and conveniently located laundry. The fully developed basement adds additional living space with a full bathroom and flexibility for a rec room, home office, or rental potential. Ideally located near schools, shopping, restaurants, and recreation, this property offers a convenient lifestyle in a desirable neighbourhood. This home also presents a strong financial opportunity with potential rental income of $1,450/month plus utilities. With estimated monthly expenses of approximately $3,053, the effective net cost comes to about $1,603/month, making it attractive for first-time buyers and investors alike. A great opportunity to own a modern home while building equity. (id:65958)

Subtype: Single Family
Structure: Two Apartment House
Common interest: Freehold
Living area: 2,604 square feet
Lot dimensions: 24x144
On market: Apr 21, 2026
Status changed: Apr 21, 2026
Annual tax: $0
Zoning: Res
Photos: 1
MLS#: 1296356
Area: PARADISE

Features and systems

Appliances

WasherDryer

Heating

Electric

Exterior

Vinyl siding

Flooring

Mixed Flooring

Foundation

Concrete

Positive cash flow ~$7/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

0.08%

Cap rate

4.88%

GRM

13.4

Break-even rent

$3,293

Financing

Down payment$105,800

Loan amount$423,200

Mortgage$2,144/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$242

Insurance$80

Maintenance$441

CapEx reserve$220

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,144/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.