MLS #A2342640 image #0
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.
Current real estate data for Single Family in Calgary as of Oct 13, 2026
3,586
Single Family Listed
47
Avg DOM
490
Avg $ / SqFt
$866,807
Avg List Price

Property Details

Price:
$674,900
MLS #:
A2342640
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Sundance
Listed Date:
Sep 9, 2026
Finished Sq Ft:
1,048
Lot Size:
3,745 sqft / 0.09 acres (approx)
Year Built:
1982
SundanceFullBack Lane,back Yard,front Yard,landscaped,lawn

Schools

Interior

Appliances
Built- In Refrigerator, Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Washer
Basement
Full
Bathrooms Full
2
Laundry Features
Laundry Room, Multiple Locations

Exterior

Exterior Features
Fire Pit, Private Entrance, Private Yard
Lot Features
Back Lane, Back Yard, Front Yard, Landscaped, Lawn
Parking Features
Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Rear, Heated Garage, Insulated
Parking Total
2
Patio And Porch Features
Patio
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Sundance subdivision, 121 Sunbank Way SE Calgary AB is a Single Family for sale in Calgary, AB, T2X 2A5. It is listed for $674,900 and features 5 beds, 2 baths, and has approximately 1,048 square feet of living space, and was originally constructed in 1982. The current price per square foot is $644. The average price per square foot for Single Family listings in Calgary is $490. The average listing price for Single Family in Calgary is $866,807. To schedule a showing of MLS#a2342640 at 121 Sunbank Way SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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