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Reduced $7,000 (1%) from $746,000
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119 Citadel Hills Place NW
Welcome to this beautifully maintained family home with a LEGAL SUITE in the walkout basement, ideally situated on a quiet cul-de-sac with no sidewalk and just steps from parks and pathways. Offering over 2,800 sqft of developed living space, this property presents an exceptional opportunity for families, multi-generational living, or buyers looking for strong mortgage-helping rental income. The bright and inviting main floor showcases a stunning living room with soaring 16’ vaulted ceilings and a large arched window that fills the space with natural light. The spacious kitchen features abundant oak cabinetry, a center island, walk-in pantry, and a sunny breakfast nook with direct access to the large rear deck — perfect for morning coffee or summer entertaining. The cozy family room is highlighted by a brick-faced gas fireplace and custom built-in oak wall unit, creating a warm and functional gathering space. A formal dining room, main floor bedroom/office with window, convenient half bath, and laundry room complete the thoughtfully designed main level. Upstairs offers 3 spacious bedrooms including a generous primary retreat with panoramic mountain views, walk-in closet, and a 4-piece ensuite featuring a jetted tub and separate shower. Two additional bedrooms and another full bathroom provide plenty of space for growing families. The fully developed WALKOUT basement is a self-contained legal suite with separate private entrance — ideal for extended family, long-term tenants, or additional cash flow. It features 2 large bedrooms, both with walk-in closets, a full bathroom with in-floor heating, open-concept kitchen, spacious family room, and separate laundry facilities for complete privacy and convenience.Additional features include an insulated double attached garage, excellent storage space, and an ideal layout for both owner occupancy and investment purposes. The beautifully landscaped backyard is designed for enjoyment, featuring a massive deck, covered patio, ma ture greenery, and fully fenced yard — perfect for BBQs, entertaining, children, or pets. Recent upgrades provide peace of mind and long-term value: Partially replaced windows (2022) Roof shingles (2023) Refrigerator (2023) Central humidifier (2024) Partial fence replacement (2025). Located close to schools, shopping, transit, LRT stations, sports facilities, restaurants, and everyday amenities, this move-in ready property combines comfort, flexibility, and income potential in one exceptional package. Rarely do homes with a legal suite in the walkout basement and this much functional living space become available. Book your showing today and Welcome Home! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.75 Ft x 9.42 Ft | |
| Bedroom | 8.50 Ft x 13.50 Ft | |
| 4pc Bathroom | 6.00 Ft x 7.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.67 Ft x 14.00 Ft | |
| Kitchen | 12.00 Ft x 11.75 Ft | |
| Family room | 12.00 Ft x 18.00 Ft | |
| Bedroom | 8.00 Ft x 10.00 Ft | |
| 2pc Bathroom | 4.33 Ft x 6.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.58 Ft x 14.75 Ft | |
| Bedroom | 9.00 Ft x 11.00 Ft | |
| Bedroom | 9.25 Ft x 11.58 Ft | |
| 4pc Bathroom | 8.25 Ft x 10.00 Ft | |
| 4pc Bathroom | 5.00 Ft x 8.00 Ft |
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
-1.09%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,566
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jun 9, 2026.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.