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Calgary · Single Family · under $625,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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536 Tekarra Drive NW
Welcome to the Monarch Showhome by Shane Homes, a professionally designed duplex that blends contemporary style with everyday functionality. This beautifully appointed home features an open-concept main floor with a spacious front family room, central dining area, and an L-shaped kitchen designed for both entertaining and daily living. Upstairs, you'll find three generously sized bedrooms, including a private primary retreat with a walk-in closet and ensuite, plus a versatile flex room and convenient upper-floor laundry. A side entry and basement rough-ins offer excellent potential for future development. Showcasing the quality craftsmanship and thoughtful design Shane Homes is known for, this former showhome is an exceptional opportunity to own a stunning new home. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Kitchen | 12.67 Ft x 12.75 Ft | |
| Other | 11.50 Ft x 13.00 Ft | |
| Family room | 17.25 Ft x 12.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Other | 10.67 Ft x 13.58 Ft | |
| Primary Bedroom | 14.42 Ft x 12.08 Ft | |
| Bedroom | 10.33 Ft x 9.17 Ft | |
| Bedroom | 9.33 Ft x 9.25 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
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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
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Insurance estimate
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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
-6.78%
Cap rate
3.51%
GRM
16.6
Break-even rent
$3,587
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.
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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 30, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
8.3 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.