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.
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.
Current real estate data for Single Family in Calgary as of Jun 10, 2026
3,479
Single Family Listed
40
Avg DOM
490
Avg $ / SqFt
$868,771
Avg List Price
Property Details
Price:
$699,300
MLS #:
A2317073
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Sundance
Listed Date:
Jun 2, 2026
Finished Sq Ft:
1,048
Lot Size:
3,745 sqft / 0.09 acres (approx)
Year Built:
1982
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
Map
Contact Us
Mortgage Calculator
Community
- Address121 Sunbank Way SE Calgary AB
- SubdivisionSundance
- CityCalgary
- CountyCalgary
- Zip CodeT2X 2A5
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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 $699,300 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 $667. The average price per square foot for Single Family listings in Calgary is $490. The average listing price for Single Family in Calgary is $868,771. To schedule a showing of MLS#a2317073 at 121 Sunbank Way SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.
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121 Sunbank Way SE
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