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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.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 6/2/2026 |
|---|---|---|---|
| TRACT | Sundance | YEAR BUILT | 1982 |
| GARAGE SPACES | 2.0 | COUNTY | Calgary |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Built-In Refrigerator, Dishwasher, Dryer, Electric Range, Washer |
| BASEMENT | Exterior Entry, Finished, Full, Walk-Up Access, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| EXTERIOR | Fire Pit, Private Entrance, Private Yard |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Fireplace(s), Forced Air, Natural Gas |
| INTERIOR | Laminate Counters, Pantry, Recessed Lighting, Storage |
| LOT | 3920 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped |
| PARKING | Garage Door Opener, Garage |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Sundance |
| TAXES | 3702 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data last updated 6/26/26 9:46 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
