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141 Tarawood Place NE
Property with 2 Bedroom Legal Suite! Welcome to this incredible BI-LEVEL GEM nestled on a QUIET STREET ALMOST IN A CUL-DE-SAC within the highly sought-after community of Taradale, perfectly tailored for young families seeking a detached home in the $600s PRICE POINT or savvy investors eyeing massive DUAL INCOME POTENTIAL! Boasting a durable STUCCO EXTERIOR and the ultimate convenience of an ATTACHED DOUBLE GARAGE, this home welcomes you with an open-concept main level enhanced by beautiful VAULTED CEILINGS that add an airy, bright feeling throughout the space. The well-kept kitchen is a chef's delight, equipped with a GAS STOVE, CHIMNEY HOOD FAN, AND A DECENT SIZED PANTRY to effortlessly accommodate all your cooking needs. The main level offers an open concept layout with living area, dining space, 3 spacious bedrooms and 2 bathrooms. Downstairs, the massive, almost 1100 Sq. Ft. basement hosts a fully finished 2-BEDROOM LEGAL SUITE, serving as the ultimate MORTGAGE HELPER in a highly rentable location. Step outside to enjoy your sunny, beautifully situated SOUTH EAST BACKYARD, perfect for family gatherings. Location is everything here, offering a QUICK DRIVE TO SADDLETOWNE LRT STATION, effortless access to 80 Ave, and top-tier schools including Taradale School and Nelson Mandela High School. Whether you are a growing family looking to offset your costs or an investor looking to secure a high-yield property, don’t miss out on securing this! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.25 Ft x 8.17 Ft | |
| 4pc Bathroom | 5.08 Ft x 7.67 Ft | |
| Bedroom | 12.17 Ft x 10.25 Ft | |
| Bedroom | 9.75 Ft x 10.92 Ft | |
| Dining room | 6.58 Ft x 9.83 Ft | |
| Kitchen | 12.50 Ft x 10.75 Ft | |
| Living room | 21.25 Ft x 13.83 Ft | |
| Primary Bedroom | 14.83 Ft x 12.08 Ft | |
| Other | 6.25 Ft x 4.58 Ft | |
| Other | 6.17 Ft x 5.08 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 8.08 Ft | |
| Bedroom | 12.75 Ft x 12.17 Ft | |
| Bedroom | 11.08 Ft x 12.17 Ft | |
| Kitchen | 11.67 Ft x 9.50 Ft | |
| Laundry room | 5.33 Ft x 8.33 Ft | |
| Recreational, Games room | 25.42 Ft x 9.50 Ft | |
| Furnace | 9.92 Ft x 10.17 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
$3,844
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 16, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
Al-Hedaya Islamic Centre
355 m away
Hazrat Bilal Islamic Center
914 m away
Al Madinah Islamic Centre
1.2 km away
3.5 km away
5.7 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
5.9 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
9.5 km away
10.2 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
3.3 km away
Amir Halal Meats & Grocery
9.5 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.