Active
SUNDANCE
121 Sunbank Way Se, Calgary, AB
$699,300
Residential · MLS® A23170735Bedrooms
2Bathrooms
1,048.24Sq Ft
2Garage
1982Year Built
02 / Overview
PROPERTY OVERVIEW
Looking for a property that works for you from day one?
Welcome to 121 Sunbank Way SE, a rare opportunity to own a legally suited bungalow in the highly sought-after lake community of Sundance. Currently generating $3,600 per month in rental income (tenants pay utilities), this property offers immediate cash flow with a three-bedroom main floor suite, a two-bedroom legal basement suite, and a separately rented oversized heated double garage.
Whether you're an investor seeking stable income or a homeowner looking to...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,048.24 sq ft
Lot Size3,745 sq ft
ZoningR-CG
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingNone
ParkingAlley Access • Double Garage Detached • Garage Door Opener • Garage Faces Rear • Heated Garage • Insulated
ExteriorFire Pit • Private Entrance • Private Yard
BasementFull
Year Built1982
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$321After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-2.8%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SUNDANCE
Moderate InvestmentLoading map...
Investment Score65/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Spencer Tonkinson · REMAX Innovations