New buildInvestment signal

$519,000

8 Tulip Ridge Boulevard

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Beds

Baths

4 full + 1 half

Sqft

—

Year

2026

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Welcome to 8 Tulip Ridge Boulevard, a modern end-unit home offering the perfect blend of comfortable living and smart investing. The main floor features a bright open-concept layout with a spacious living room, dining area, and kitchen, with access to the rear deck, ideal for entertaining or relaxing. Upstairs offers three bedrooms, including a primary suite with walk-in closet and ensuite, along with a full main bathroom and convenient laundry. The fully developed basement provides additional living space with a full bathroom and great potential for a guest suite or income-generating setup. Located in a growing neighbourhood close to schools, shopping, restaurants, and recreational amenities, this home offers both convenience and long-term value. From an investment perspective, this property stands out with a potential rental income of $1,450/month plus utilities. Based on estimated total monthly expenses of approximately $3,053 (mortgage, taxes, and insurance), the net out-of-pocket cost is around $1,603/month. As an end unit, enjoy added privacy, extra natural light, and strong resale appeal. (id:65958)

Subtype: Single Family
Structure: Two Apartment House
Common interest: Freehold
Living area: 2,397 square feet
Lot dimensions: 29X144
On market: Apr 21, 2026
Status changed: Apr 21, 2026
Annual tax: $0
Zoning: Res
Photos: 1
MLS#: 1296318
Area: PARADISE

Features and systems

Heating

Electric

Exterior

Vinyl siding

Flooring

Mixed Flooring

Foundation

Concrete

Positive cash flow ~$65/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

0.75%

Cap rate

5.01%

GRM

13.1

Break-even rent

$3,232

Financing

Down payment$103,800

Loan amount$415,200

Mortgage$2,104/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$238

Insurance$80

Maintenance$433

CapEx reserve$216

Vacancy loss$165

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 $2,104/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 21, 2026.