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$684,900

121 Sunbank Way SE

Sundance, Calgary, Alberta

5 bed·2 bath·Detached·MLS® A2317073·8d ago

About this home

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. (id:66681)

Property details

Bedrooms
5
Bathrooms
2
Half baths
0
Year built
1982
Property type
Residential
Building type
Bungalow
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave Range Hood Combo
Parking
Detached Garage, Garage, Heated Garage (2)
Zoning
R-CG
Community
Sundance
MLS®
A2317073
Days on market
82

Location

Listing information last updated 8d ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$136,980 (20%)

Base loan amount$547,920

$3,341 / month

First payment: $2,479 interest, $863 principal