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427, 355 Taralake Way NE
homes for sale · Calgary · Taradale
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$299,999

427, 355 Taralake Way NE

Taradale, Calgary · MLS® A2351777

222

981 sq ft · Condo · Single Family · built 2013 · 1 day on market

listed by Sunny Khanna, Diamond Realty & Associates Ltd

Open house · Saturday, October 31, 12pm–5pm

realtor's description

CHECK OUT THE 3D TOUR, FLOOR PLANS URL- OPEN HOUSE SATURDAY (OCT-24 from 12:00-5:00pm) and SUNDAY (OCT-25 from 2pm to 6pm) - ONE OF THE ONLY FEW BIGGEST CONDOS IN THE ENTIRE BUILDING-TOP FLOOR- CORNER UNIT- 2 BEDROOMS- 2 FULL BATHROOMS- 2 UNDERGROUND/INDOOR /TITLED PARKINGS- END UNIT- UNOBSTRUCTED VIEWS OF DOWNTOWN, MOUNTAINS- RENOVATED UNIT (new light fixtures, new paint, new carpet, etc). Welcome to 355 Taralake Way NE. This beautifully kept/renovated condo is sitting on the top floor and offers 981 sq ft of living space, making it one of the only few biggest condos in the building. The condo has been renovated and has been vacant since the renovations. Spacious 2 bedrooms, 2 bathrooms plus foyer/den, with lots of windows and LOTS OF sunlight makes it even cozier for winter days. Kitchen has tons of cabinet space, GRANITE countertops and STAINLESS Steel appliances. Property walks away from Ted Harrison school, transit, shopping, parks, bike trails, playgrounds, bike paths, etc which makes it appealing for any 1st time buyers/family to live in or an investor for the rental purposes. Condo fee includes Heat, Water, Reserve Funds, Professional Management, etc. You only pay electricity extra. This condo is 10/10 and you won't be disappointed after seeing this unit.

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property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
981 sq ft
parking
2
year built
2013
property tax
$2,324 / yr
strata fee
$555 / mo ($0.57 / sq ft)
strata rules
Pets Allowed
days on market
1
MLS®
A2351777

features

  • See remarks
  • Elevator
  • No Animal Home
  • No Smoking Home
  • Parking
  • Pets Allowed

monthly cost

$2,056/mo
Mortgage $1,307 · Tax $194 · Strata $555

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,307/ monthly
loan $239,999
25-year amortization
total interest
$152,121
land title fees
$640
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$60,640
down + land title fees
total paid
$392,120

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$398/mo
cap rate
3.6%
yearly net rent ÷ price

Costs: mortgage $1,307 · tax $194 · strata $555 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Ted Harrison School293 m
  • Secondary · CBE Nelson Mandela High School1.8 km
  • Elementary · Catholic Our Lady of Fatima968 m
  • Middle · Catholic Light of Christ Catholic School1.7 km
  • Secondary · Catholic Bishop McNally High School2.6 km

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Sunny Khanna
Diamond Realty & Associates Ltd
call Sunny · 403-714-3144
Powered by: REALTOR.ca
▶ virtual tour

location

Taradale, CalgaryGoogle Maps ↗

Rapid transit: Saddletowne CTrain station, 1.8 km (about 29 min walk).

city assessment

$349,500

2026 assessment · market value as of July 1, 2025

  • Up 8.0% from $323,500 in 2025
  • $246,000 in 2016 (42% over ten years)
  • Asking price is 14% below the assessment
  • Built 2012
  • Lot 8,072 m² (86,887 sq ft)
roll yearassessed
2026$349,500
2025$323,500
2024$253,000
2023$199,500
2022$188,000
2021$201,500
2020$211,500
2019$227,000

From City of Calgary open data (property assessments), matched to 427 355 TARALAKE WY NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,324 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $2,324 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

Taradale, CalgaryGoogle Maps ↗

Rapid transit: Saddletowne CTrain station, 1.8 km (about 29 min walk).

Drive times
  • Ted Harrison1 min
  • Nelson Mandela High7 min
  • YYC airport15 min
  • Bow Valley College22 min
  • Downtown Calgary26 min
  • Sheldon M. Chumir Health Centre27 min
50

Walkability 50/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 13 parks and playgrounds, 1 school, 15 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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1315, 333 Taravista Drive NE, Calgary, photo 8
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1117, 333 Taravista Drive NE, Calgary, photo 8
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4507, 111 Tarawood Lane NE, Calgary, photo 8
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