34 days on Market

121 Sunbank Way, Calgary, Alberta T2X 2A5

Detached
3 + 2
2
~1048.24 sqft
$674,900
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Detached
3 + 2
2
~1048.24 sqft

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Highlights

Property Estimate

Days on market34 days

Estimated valueNot available

Price/Sqft$643/sqft

Monthly cost

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Description

EXCELLENT REVENUE PROPERTY generating a total of $3,550 per month in rental income, with tenants paying all utilities. This LEGALLY SUITED bungalow in the highly sought-after lake community of Sundance offers an attractive opportunity for investors looking for immediate income from two independent living spaces. The main level offers over 1,000 sq. ft. with three bedrooms, a spacious living room, dedicated dining area, functional kitchen, full bathroom, and its own laundry. Downstairs is a LEGAL two-bedroom basement suite with its own kitchen, full bathroom, laundry, family room with wood-burning fireplace, storage, and separate entrance. With five bedrooms between the two living spaces, this property offers a strong rental configuration with a combined $3,550 PER MONTH in current rental income, while tenants pay all utilities. That means the property is already set up to produce revenue without an owner having to take on the utility costs. Adding even more value is the oversized HEATED DOUBLE DETACHED GARAGE, providing secure parking, storage, or potential additional rental value. Outside is a private south-facing backyard with a fire pit and plenty of room to enjoy the warmer months. Located in one of Calgary's established lake communities, residents enjoy access to Sundance Lake along with nearby schools, parks, playgrounds, pathways, shopping, transit and Fish Creek Park. LEGAL SUITE. $3,550/MONTH IN RENTAL INCOME. TENANTS PAY UTILITIES. FIVE BEDROOMS. TWO INDEPENDENT LIVING SPACES. HEATED DOUBLE GARAGE. LAKE COMMUNITY. Whether you're adding to an investment portfolio or looking for a property with strong existing revenue, 121 Sunbank Way SE delivers an increasingly difficult combination to find in Calgary.


Property Details

StyleBungalow
View-
Age of property1982
SqFt~1048.24 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2342640
Community NameSundance
Data SourcePILLAR 9
Listing byREMAX Innovations

Features

Heating: Fireplace(s),Forced Air,Natural Gas
Basement: Full,Finished,Separate/Exterior Entry,Walk Up

Main Floor

4pc Bathroom

9`11" x 4`11"

Bedroom

9`0" x 8`0"

Bedroom

12`6" x 10`3"

Dining Room

8`3" x 10`9"


Features

Patio: Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property listed by REMAX Innovations, Brokerage
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Market Data - Sundance

Geo Zone Map ThumbnailSundance

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2025

32 days

2024

29 days

2023

17 days

New Listings

Past 30 days

10 listings

Compared to

2025

6 listings

2024

12 listings

2023

14 listings

Units sold

Past 30 days

11 units

Compared to

2025

7 units

2024

5 units

2023

10 units

Median Sold Price

Past 30 days

$770,000

Compared to

2025

$685,000

2024

$655,000

2023

$644,500


Population and Demographics

Overview

Total population 8644
Average household income $156,733

Age (%)

0 to 19
25%
20 to 34
15%
35 to 49
19%
50 to 64
26%
65 and plus
16%

Household composition (%)

Single family
83%
Single person
14%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
88%
Others
2%
Spanish
2%
Tagalog (Pilipino, Filipino)
2%
Mandarin
2%
Yue (Cantonese)
1%
French
1%
Russian
1%

House tenancy (%)

Owners
89%
Renters
11%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget