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Legal suite

$1,049,999

7816 TAULBUT STREET

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Beds

Baths

Sqft

—

Year

1956

Type

Single Family

Suite

Legal suite

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Location nearby

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

About this home

Location, Location, Location!!! Nestled right across from Centennial Park sits this massive 12,615 Sq Ft lot right in the middle of the city. LIVE, BUILD, or HOLD with this sturdy Rancher featuring 2 Bedrooms + Loft Room and 1 Bathroom. Rectangular lot with no watercourses. A gardener's paradise with mature landscaping, organic gardens, fruit trees, and beautiful flowers and shrubs. Oak hardwood floors upon entry, open living and kitchen space, good-sized bedrooms, laundry room, storage room + wine cellar. tons of parking with space for your cars, boats, and RV. Attached front workshop and a detached powered workshop in the back. Potential to rezone allowing for a home with coach house or legal suite. OCP shows multi-family potential duplex, row homes, or townhomes. (id:65958)

Subtype: Single Family
Architectural style: Ranch
Structure: House
Common interest: Freehold
Living area: 1,574 square feet
Lot size: 12,615 square feet
Lot dimensions: 12615
On market: Nov 6, 2025
Status changed: Apr 23, 2026
Annual tax: $3,600.97 (2024)
Photos: 2
MLS#: R3065370
Area: MISSION

Features and systems

Parking

Other

Basement

Partially finishedPartialUnknown

Heating

Electric

Utilities

WaterNatural GasElectricity

Negative cash flow ~$145/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

-0.83%

Cap rate

4.70%

GRM

13.9

Break-even rent

$6,453

Financing

Down payment$210,000

Loan amount$839,999

Mortgage$4,256/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$481

Insurance$80

Maintenance$875

CapEx reserve$437

Vacancy loss$315

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 $4,256/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 23, 2026.