Investment Tip Of The Week – 260 Taralake Terrace NE

260 TARALAKE Terrace NE
260 TARALAKE Terrace NE

If you are into real investment opportunities, here is something for you. This residential two storey detached 2006-built family house is a former grow-op with all pros and cons coming in the package.

Property is being sold "as is" and "where is". No warranties or representations, however, it was already remediated and renovated to specifications required by Alberta health services. It features 2137 sq. ft. of floor space with very nice views from master bedroom, a front upper floor balcony and a separate walk up entrance to the unfinished basement.

 Main floor features great room, kitchen, nook and a half bath and there are three spacious bedrooms, two washrooms, a big bonus room and a laundry room on the upper level. The house backs directly onto green space and is just a few steps away from bus stop, the new Taradale elementary school (public school) & Our Lady of Fatima school (catholic school). All other amenities including new LRT, Genesis Recreation Centre and Saddletown circle are also located in close proximity.

The property is a foreclosure with listing price $399,900, far below what a similar house would cost you in this location.

260 TARALAKE Terrace NE Basement
260 TARALAKE Terrace NE Basement
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