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$299,900

4507, 111 Tarawood Lane NE

Taradale, Calgary · MLS® A2350934

321

1,150 sq ft · 1,882 sq ft lot · Townhouse · Single Family · built 2007 · 17 days on market

listed by Umer Sheikh, Diamond Realty & Associates Ltd

realtor's description

**OPEN HOUSE -- October 24th, 2026 (SATURDAY) 2PM-4PM!** Location, Location, Location - End-Unit townhouse with low condo fees near Saddletowne Circle. Easy access to Train Station, Schools, Genesis Centre, YMCA, Library, Lakes, and shopping; groceries, banks, drug marts, etc. A great opportunity for both first-time home buyers or investors. Upon entering, you'll be greeted by the bright and airy main floor. Kitchen has ample cabinet space with laminate countertops. Powder room and breakfast nook completes the main floor. Back door leads to the deck. Assigned parking stall is right in front of the house. Upper floor has a huge primary bedroom which comprises a walk-in closet. 4-pc bathroom and 2 additional bedrooms complete this floor. The basement is unfinished which is awaiting your creative ideas. Taradale is Calgary’s sought-after community - Lots of restaurants and shopping options nearby. Call your favourite Realtor to book a showing today!

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,150 sq ft
lot: 1,882 sq ft
parking: 1
year built: 2007
property tax: $2,616 / yr
strata fee: $310 / mo ($0.27 / sq ft)
strata rules: Pets Allowed
days on market: 17
MLS®: A2350934

features

No neighbours behind
Parking
Pets Allowed
Washer
Refrigerator
Dishwasher

monthly cost

$1,835/mo

Mortgage $1,307 · Tax $218 · Strata $310

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 $239,920

25-year amortization

down payment20% · $59,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $152,071
land title fees: $640; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $60,620; down + land title fees
total paid: $391,991

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: $2,090/mo
after all costs: −$87/mo
cap rate: 4.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,307 · tax $218 · strata $310 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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 Taradale School510 m
Middle · CBE Peter Lougheed School1.1 km
Secondary · CBE Nelson Mandela High School577 m
Elementary · Catholic Light of Christ Catholic School512 m
Secondary · Catholic Bishop McNally High School2.5 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.

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