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.
For sale
C$684,900
121 NE Sunbank Way SE, Calgary, AB T2X 2A5
5beds
1,048sqft
Single Family Residence
Built in 1982
3,920 Square Feet Lot
$-- Zestimate®
C$653/sqft
C$27/mo HOA
What's special
Legally suited bungalowThree-bedroom main floor suiteTwo-bedroom legal basement suiteDining areaUpdated bathroomOversized detached garage
- 89 days
- 17
- 2
Zillow last checked:
Listing updated:
Listed by:
Spencer Tonkinson, Associate,
Remax Innovations,
Paul Stutz, Associate,
Remax Innovations
Source: courtesy of Pillar9 System,MLS®#: A2317073
Originating MLS®#: Calgary
Originating MLS®#: CalgaryFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 9`0" x 8`0"
Bedroom
- Level: Main
- Dimensions: 12`6" x 10`3"
Other
- Level: Main
- Dimensions: 9`11" x 14`5"
Bedroom
- Level: Basement
- Dimensions: 9`11" x 9`1"
Bedroom
- Level: Basement
- Dimensions: 9`1" x 9`11"
Other
- Level: Main
- Dimensions: 9`11" x 4`11"
Other
- Level: Basement
- Dimensions: 5`11" x 8`0"
Dining room
- Level: Main
- Dimensions: 8`3" x 10`9"
Dining room
- Level: Basement
- Dimensions: 6`4" x 9`0"
Family room
- Level: Basement
- Dimensions: 14`10" x 12`4"
Other
- Level: Basement
- Dimensions: 11`3" x 7`9"
Kitchen
- Level: Main
- Dimensions: 11`5" x 10`4"
Kitchen
- Level: Basement
- Dimensions: 6`4" x 9`4"
Living room
- Level: Main
- Dimensions: 14`8" x 18`6"
Heating
- Fireplace(s), Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Built-In Refrigerator, Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Washer
- Laundry: Laundry Room, Multiple Locations
Features
- Laminate Counters, Pantry, Recessed Lighting, Separate Entrance, Storage
- Flooring: Carpet, Hardwood, Laminate
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Basement, Wood Burning
Interior area
- Total interior livable area: 1,048 sqft
- Finished area above ground: 1,048
- Finished area below ground: 950
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Double Garage Detached, Garage Door Opener, Garage Faces Rear, Heated Garage, Insulated
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fire Pit, Private Entrance, Private Yard
- Fencing: Fenced
- Frontage length: 7.60M 24`11"
Lot
- Size: 3,920 Square Feet
- Features: Back Lane, Back Yard, Front Yard, Landscaped, Lawn
Details
- Parcel number: 101703307
- Zoning: R-CG
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1982
Community & HOA
Community
- Features: Park, Playground, Sidewalks, Street Lights
- Subdivision: Sundance
HOA
- Has HOA: No
- Amenities included: None
- HOA fee: C$320 annually
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$653/sqft
- Date on market: 6/2/2026
- Inclusions: Basment Suite: fridge, stove, washer, dryer, microwave hood fan
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Sundance
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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