5 Beds
2 Baths
1,048 SqFt
5 Beds
2 Baths
1,048 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,048 sqft
Price per Sqft $667
Subdivision Sundance
MLS® Listing ID A2317073
Style Bungalow
Bedrooms 5
Full Baths 2
HOA Fees $320/ann
HOA Y/N 1
Year Built 1982
Annual Tax Amount $3,702
Tax Year 2025
Lot Size 3,745 Sqft
Acres 0.09
Property Sub-Type Detached
Source Calgary
Property Description
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 significantly offset your mortgage, this property delivers flexibility that is increasingly difficult to find in Calgary's established communities.
The main level offers over 1,000 square feet with three bedrooms, a spacious living room, dining area, updated bathroom, and its own private laundry. The legal basement suite features two bedrooms, a full bathroom, separate laundry, private living space, and a dedicated kitchen, creating an attractive setup for long-term tenants.
Outside, the oversized detached garage is heated and separately rented, creating an additional income stream rarely found in comparable properties. The south-facing backyard offers plenty of outdoor space, while the property's location provides quick access to Fish Creek Park, schools, shopping, transit, and the Sundance Lake amenities.
Opportunities to purchase a legal suited property with multiple income streams in one of Calgary's premier lake communities are extremely limited.
Location
Province AB
County Calgary
Area Cal Zone S
Zoning R-CG
Direction NE
Rooms
Basement Full
Interior
Interior Features Laminate Counters, Pantry, Recessed Lighting, Separate Entrance, Storage
Heating Fireplace(s), Forced Air, Natural Gas
Cooling None
Flooring Carpet, Hardwood, Laminate
Fireplaces Number 1
Fireplaces Type Basement, Wood Burning
Inclusions Basment Suite: fridge, stove, washer, dryer, microwave hood fan
Appliance Built-In Refrigerator, Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Washer
Laundry Laundry Room, Multiple Locations
Exterior
Parking Features Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Rear, Heated Garage, Insulated
Garage Spaces 2.0
Fence Fenced
Community Features Park, Playground, Pond, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Amenities Available None
Roof Type Asphalt Shingle
Porch Patio
Lot Frontage 24.94
Total Parking Spaces 2
Garage 1
Building
Lot Description Back Lane, Back Yard, Front Yard, Landscaped, Lawn
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 101703307
Ownership Private