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10290 Teresa Road
Beds
4
Baths
3
Sqft
2,637
Year
2006
Type
Single Family
On market
32d
Welcome to 10290 Teresa Road, a beautifully designed 4-bedroom walkout rancher in the heart of Lake Country East, offering picturesque valley views, family-friendly living, and endless potential. Step inside the main level to find 3 spacious bedrooms, thoughtfully laid out for privacy and comfort. The primary suite shares no walls with the other bedrooms and features a generous walk-in closet and a bright 4-piece ensuite bathroom. The living room serves as the centerpiece of the home, showcasing sweeping valley vistas and providing a warm, inviting place to gather in front of the fireplace. The walkout basement is a standout feature, offering its own separate entrance, it is fully suite-ready for in-laws, guests, or income potential. This level offers a large 1-bedroom layout with a cheater 4-piece ensuite, plus an expansive recreation room stretching the entire width of the home, approximately 49 feet in length. Whether you’re envisioning a full secondary suite, a home theatre, gym, or multi-purpose family zone, this space can accommodate it all. Outside, the sloped lot enhances the exceptional views and provides a pool-sized fully fenced space, making it perfect for outdoor living, entertaining, or future landscaping dreams. Located in highly sought-after Lake Country East, this home sits in a warm, welcoming neighbourhood close to excellent schools, parks, and all the amenities families appreciate. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreation room | 22'9'' x 49'0'' | |
| Storage | 7'6'' x 9'10'' | |
| 4pc Bathroom | 9'1'' x 9'7'' | |
| Utility room | 5'5'' x 7'5'' | |
| Bedroom | 17'7'' x 10'2'' |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 5'6'' x 10'0'' | |
| 4pc Bathroom | 5'3'' x 5'5'' | |
| Bedroom | 11'6'' x 10'11'' | |
| 4pc Ensuite bath | 5'1'' x 5'4'' | |
| Primary Bedroom | 13'4'' x 11'11'' | |
| Laundry room | 6'11'' x 7'7'' | |
| Kitchen | 12'5'' x 8'5'' | |
| Dining room | 15'5'' x 8'11'' | |
| Living room | 15'6'' x 16'6'' |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,239
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lake Country. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.