Residential For Sale in Calgary, Alberta
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 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.
| Street Address: | 121 Sunbank Way SE |
| City: | Calgary |
| Province/State: | Alberta |
| Postal Code: | N/A |
| County/Parish: | Calgary |
| Subdivision: | Sundance |
| Country: | Canada |
| Latitude: | 50.90252287 |
| Longitude: | -114.05062788 |
| MLS® Number: | A2317073 |
| Price: | $699,300 |
| Property Area: | 1,048 Sq ft |
| Bedrooms: | 5 |
| Bathrooms Half: | 0 |
| Bathrooms Full: | 2 |
| Living Area: | 1,048 Sq ft |
| Building Area: | 0 Sq ft |
| Year Built: | 1982 |
| Listing Date: | Jun 02, 2026 |
| Garage Spaces: | 2 |
| Property Type: | Residential |
| Property Subtype: | Detached |
| MLS Status: | Active |
| Flooring: | N/A |
| Construction: | Vinyl Siding,Wood Frame |
| Parking: | Alley Access,Double Garage Detached,Garage Door Opener,Garage Faces Rear,Heated Garage,Insulated |
| Appliances: | Built-In Refrigerator,Dishwasher,Dryer,Electric Range,Microwave Hood Fan,Washer |
| Stories: | N/A |
| Zoning: | R-CG |
| Fireplace: | N/A |
| Amenities: | Park,Playground,Pond,Schools Nearby,Sidewalks,Street Lights,Walking/Bike Paths |
| Heating: | Fireplace(s),Forced Air,Natural Gas |
| Cooling: | None |
| Property Type | Residential |
| Building Type | Detached |
| Square Footage | 1,048 sqft |
| Community Name | Sundance |
| Subdivision Name | Sundance |
| Title | Fee Simple |
| Land Size | 3,745 sqft |
| Built in | 1982 |
| Annual Property Taxes | Contact listing agent |
| Parking Type | Garage |
| Time on MLS Listing | 31 days |
| Above Grade | 3 |
| Total | 2 |
| Partial | 0 |
| Appliances Included | Built-In Refrigerator, Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Washer |
| Flooring | Carpet, Hardwood, Laminate |
| Features | Laminate Counters, Pantry, Recessed Lighting, Separate Entrance, Storage |
| Construction Material | Vinyl Siding, Wood Frame |
| Building Amenities | None |
| Structures | Patio |
| Cooling | None |
| Heating Type | Fireplace(s), Forced Air, Natural Gas |
| Exterior Finish | Vinyl Siding, Wood Frame |
| Community Features | Park, Playground, Pond, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths |
| Amenities Nearby | Park, Playground, Pond, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths |
| Parking Type | Garage |
| Total Parking Spaces | 2 |
| Total Finished Area: | 1,048 sq ft |
| Total Finished Area (Metric): | 97.38 sq m |
| Main Level: | 1,048 sq ft |
| Below Grade: | 951 sq ft |
| Bedrooms: | 5 |
| Bathrooms: | 2 |
| Full Bathrooms: | 2 |
| Rooms Above Grade: | 6 |
| Lot Size: | 3,745 sq ft |
| Lot Size (Acres): | 0.09 acres |
| Frontage: | 25 ft |
| Legal Description: | 8211384;12;194 |
| Title to Land: | Fee Simple |
Floor plan information is not available for this property.
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