All photos · 26
121 Sunbank Way SE
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.
- Listed
- Sep 9, 2026
- Property type
- Detached
- Year built
- 1982
- Parking total
- 2
- Basement
- Full
- Heating
- Fireplace(s), Forced Air, Natural Gas
- Cooling
- None
| 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" |
Measurements deemed reliable but not guaranteed.
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$3,316
Down payment: $134,980 · Loan: $539,920
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
REMAX Innovations · Listing agent Spencer Tonkinson
MLS®# A2342640 · Last modified 2026-10-10
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.
James Hughes, REALTOR® · CIR Realty