Property Details
121 Sunbank Way SE
Calgary (A2342640)
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
- MLS® #
- A2342640
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Sundance
- Price
- $674,900
- Sale/Lease:
- For Sale
- Size:
- 1,048 sq.ft.
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1982 (44 years old)
- Structure Type:
- House
- Building Style:
- Bungalow
- Garage:
- Yes
- Parking:
- Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Rear, Heated Garage, Insulated
- Fence:
- Fenced
- Basement:
- Full
- Features:
- Laminate Counters, Pantry, Recessed Lighting, Separate Entrance, Storage
- Fireplaces:
- 1
- Inclusions:
- N/A
- Appliances:
- Built-In Refrigerator, Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Washer
- Laundry:
- Laundry Room, Multiple Locations
- Exterior Features:
- Fire Pit, Private Entrance, Private Yard
- Patio/Porch Features:
- Patio
- Nearby Amenities:
- Park, Playground, Pond, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Condo Amenities:
- None
- Condo Fee 2:
- $320
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Back Yard, Front Yard, Landscaped, Lawn
- Zoning:
- R-C2
- Roof:
- Asphalt Shingle
- Exterior:
- Vinyl Siding,Wood Frame
- Floors:
- Carpet, Hardwood, Laminate
- Foundation:
- Poured Concrete
- Heating:
- Fireplace(s), Forced Air, Natural Gas
- Cooling:
- None
- Amenities:
- Park, Playground, Pond, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Possession:
- Negotiable
- Days on Market:
- 30
Basic Info
Building Info
Neighborhood Info
Condo/Association Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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