$674,900
121 Sunbank Way SESundance, Calgary, AB T2X 2A5
- 5 beds
- 2 baths
- 1,048 sq ft
- Detached
Listing courtesy of REMAX Innovations · MLS® A2342640
About this home
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.
Key facts
- Type
- Detached
- Style
- Bungalow
- Year built
- 1982
- Living area
- 1,048 sq ft
- Lot
- 3,745 sq ft
- Bedrooms
- 5 (3 above grade, 2 below)
- Bathrooms
- 2 full
- Basement
- Full, Finished
- Parking
- 2-car garage
- Price per sq ft
- $644
- Days on market
- 31
- Listed
- September 9, 2026
- Community
- Sundance
- Municipality
- Calgary
Features
Interior
- Features
- Laminate Counters, Pantry, Recessed Lighting, Separate Entrance, Storage
- Appliances
- Built-In Refrigerator, Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Washer
- Flooring
- Carpet, Hardwood, Laminate
- Heating
- Fireplace(s), Forced Air, Natural Gas
- Fireplaces
- 1 (Basement, Wood Burning)
- Laundry
- Laundry Room, Multiple Locations
- Basement features
- Separate/Exterior Entry, Walk Up
- Included
- N/A
Suite
- Suite
- Yes
- Details
- Basement
- Location
- Suite Attached/Within Primary Dwelling
- Legal suites
- 1
Building
- Structure
- House
- Levels
- One
- Construction
- Vinyl Siding, Wood Frame
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Exterior & lot
- Exterior
- Fire Pit, Private Entrance, Private Yard
- Lot
- Back Lane, Back Yard, Front Yard, Landscaped, Lawn
- Patio / porch
- Patio
- Fencing
- Fenced
- Front faces
- NE
- Lot size
- 3,745 sq ft
- Zoning
- R-C2
Parking
- Garage spaces
- 2
- Total parking
- 2
- Details
- Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Rear, Heated Garage, Insulated
Condo / HOA
- Restrictions
- None Known
- Ownership
- Not a Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Park, Playground, Pond, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Rooms
| Room | Level | Size |
|---|---|---|
| 4pc Bathroom | Main | 9'11" x 4'11" |
| Bedroom | Main | 9'0" x 8'0" |
| Bedroom | Main | 12'6" x 10'3" |
| Dining Room | Main | 8'3" x 10'9" |
| Kitchen | Main | 11'5" x 10'4" |
| Living Room | Main | 14'8" x 18'6" |
| Bedroom - Primary | Main | 9'11" x 14'5" |
| 3pc Bathroom | Basement | 5'11" x 8'0" |
| Bedroom | Basement | 9'11" x 9'1" |
| Bedroom | Basement | 9'1" x 9'11" |
| Dining Room | Basement | 6'4" x 9'0" |
| Family Room | Basement | 14'10" x 12'4" |
| Kitchen | Basement | 6'4" x 9'4" |
| Furnace/Utility Room | Basement | 11'3" x 7'9" |
Location
Sundance
An established lake community beside Fish Creek Provincial Park.
Schools, amenities, prices and my take on Sundance →Monthly cost estimate
- Mortgage $3,168
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $42,490.
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Listing last updated: Oct 10, 2026, 12:15 a.m.