CalgaryListings Insight Welcome to 121 Sunbank Way SE — a 3-bedroom home built in 1982, featuring 2 bathrooms in the community of Sundance, with 1,048 sq ft of living space above grade. Standout details include a finished walkout basement, a double garage, hardwood flooring, and a fireplace. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2317073.
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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.
Property Taxes
$3,702/yr (2025)
Listing Information
MLS® NumberA2317073
StatusActive
List Price$684, 900
Days on Market35 days
OccupancyTenant
Property Details
Property TypeDetached
Architectural StyleBungalow
ZoningR-CG
Above-Grade Sq Ft1, 048 sq ft
Year Built1982
Bedrooms3
Full Bathrooms2
Total Bathrooms2
Interior
BasementFull, Finished, Separate/Exterior Entry, Walk Up
FlooringCarpet, Hardwood, Laminate
Fireplaces1
HeatingFireplace(s), Forced Air, Natural Gas
Air ConditioningNone
Exterior & Parking
ExteriorVinyl Siding, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking2
Patio / DeckPatio
Site & Lot
Lot Size3, 745 sq ft
Lot Acres0.09 acres
Lot Width24.94
Lot FeaturesBack Lane, Back Yard, Front Yard, Landscaped, Lawn
This property has been listed 1 time before — see each asking price, what happened, and any sold prices.
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