By the numbers
How this listing measures up
$/sqft
$130
vs Saddle Ridge median
-68%
community avg $608K
Sqft per bedroom
—
Year built
2019
Annual taxes
$10,577
2025
Saddle Ridge avg DOM
49d
$/sqft distribution
Where this listing sits in Saddle Ridge
Of 169 active residential listings in Saddle Ridge,
this property at $130/sqft
sits in the $100–150 range.
Other active listings
This listing's price range
This listing
About this property
Turnkey triple net retail investment opportunity in the rapidly growing community of Savanna NE Calgary. Located at 63 Savanna Blvd NE, this retail condo is fully leased to Cafe Karak, an established café concept known for its specialty Karak chai, coffee beverages, and strong community presence. This asset is ideal for first-time commercial investors or buyers seeking stable, passive income with minimal management responsibilities. The property operates under a Triple Net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and operating costs, providing ownership with predictable income and reduced overhead. Strategically positioned within Savanna’s commercial core, the property benefits from strong residential density, consistent neighborhood traffic, and continued population growth in one of Northeast Calgary’s fastest expanding communities. This is a rare opportunity to acquire a well-positioned retail asset under $1M with long-term upside in a high-growth market.
Property details
| Inclusions | as per the Lease |
| Year built | 2019 |
| Annual taxes | $10,577 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | C-N1 |
| Restrictions | Utility Right Of Way |
| Neighbourhood | Saddle Ridge |
| List AOR | Calgary |
Location
Sold comparables in Saddle Ridge
107 recent sales in Saddle Ridge
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Sign up to see sold dataAbout Saddle Ridge
AI-generated summaryA vibrant, fast-growing northeast community with a strong multicultural character and a welcoming family-oriented atmosphere. Streets are lively and community pride is evident throughout.
Located in Calgary's northeast quadrant, bordering Taradale and Falconridge
Saddletowne Circle is a major commercial hub serving the broader northeast communities
The community has one of Calgary's most culturally diverse populations
Housing
Predominantly newer single-family detached homes and townhouses built primarily from the 2000s onward, with a mix of starter and mid-range properties.
Transit
Served by Calgary Transit bus routes with the Saddletowne CTrain Station (Blue Line) nearby, offering reasonable connectivity to downtown Calgary.
Amenities
Residents enjoy proximity to Saddle Ridge Athletic Park, the Saddleridge YMCA, and a variety of shops, restaurants, and services at the nearby Saddletown commercial area.
Who lives here
A predominantly young, multicultural population including many South Asian and Filipino families, as well as newcomers to Canada seeking affordable suburban living.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
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