Calgary MLS® Listing Details

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Bedrooms
Bathrooms
Sq ft
2014
Year built
$52,388
Property tax (2025)
$2,425,000
240, 500 Royal Oak Drive NW, Calgary T3G 5J7
Royal Oak
ActiveMLS® A2269685· 276 days on market
CalgaryListings Insight
This home at 240, 500 Royal Oak Drive NW, built in 2014. It is located in the community of Royal Oak. Before writing, ask how this property compares with nearby active and recently sold options. MLS® A2269685.

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About this property

An outstanding opportunity to acquire units 9 ($1,600,000) and/or 10 ($825,000) in a fully leased retail plaza at 500 Royal Oak Drive NW, a prominent and high-traffic location in northwest Calgary. Strategically situated on a corner lot with excellent exposure and convenient access, this modern retail centre benefits from strong visibility in one of Calgary’s most established suburban trade areas. Unit 9 has a long term tenant in place and Unit 10 is vacant. The property hosts a diverse mix of stable, long-standing tenants across health, service, and lifestyle sectors, offering investors consistent income and zero vacancy. Constructed in 2014, the building features quality construction, ample surface parking, and attractive curb appeal—positioning it for longterm value and low-maintenance ownership. Zoned C-COR2, the site is surrounded by a blend of residential communities, major retail anchors, and key transit routes, ensuring continued foot traffic, tenant demand, and potential future redevelopment upside. A rare chance to secure a turn-key investment with strong cash flow, excellent tenant covenant, and a presence in one of northwest Calgary’s most active retail nodes.
Property Taxes
$52,388/yr (2025)

Listing Information

MLS® NumberA2269685
StatusActive
List Price$2, 425, 000
Days on Market276 days
OccupancyTenant

Property Details

Property TypeRetail
Architectural StyleOther
ZoningC-N2
Year Built2014

Site & Lot

Legal Description1413146;9

Inclusions

N/A

Property History

2024-01-01
Listed at $000,000
Status
2024-01-01
Listed at $000,000
Status
2024-01-01
Listed at $000,000
Status

This property has been listed 1 time before — see each asking price, what happened, and any sold prices.

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