By the numbers
How this listing measures up
$/sqft
$288
vs Stoney 3 median
-12%
community avg $907K
Sqft per bedroom
—
Year built
2019
Annual taxes
$15,640
2025
About this property
This prime commercial property offers a versatile investment opportunity with both office and warehouse components. The top floor features seven offices currently rented on a month-to-month basis, providing flexible tenancy options, while the main floor office area offers an excellent opportunity for an investor to secure additional income or for an owner-user seeking their own space, and the owner also has the option to lease out this main floor office area to further boost revenue. And that's not all! The main floor also includes a considerably large warehouse space at the back that is also rented out. This property has historically generated $8,200 per month at full occupancy, supporting an estimated cap rate in the mid-8% range, a remarkably strong return for a property in this location and asset class. Even for an owner-user who occupies part of the building, the remaining rentable areas still provide the opportunity to achieve a highly attractive cap rate, making this property a strong and flexible income-generating asset. Situated in a high-traffic, rapidly growing business area, this property delivers outstanding long-term potential with the opportunity to further enhance returns through strategic leasing.
Property details
| Inclusions | Call Lister |
| Year built | 2019 |
| Annual taxes | $15,640 |
| Tax year | 2025 |
| Possession | 60 Days / Neg |
| Zoning | I-G |
| Restrictions | Call Lister |
| Neighbourhood | Stoney 3 |
| List AOR | Calgary |
Location
Sold comparables in Stoney 3
7 recent sales in Stoney 3
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Sign up to see sold dataAbout Stoney 3
AI-generated summaryStoney 3 is a First Nations reserve community within Calgary's city limits, offering a unique semi-rural character with open land and a distinct cultural identity separate from the surrounding urban fabric.
Reserve land — standard freehold ownership rules do not apply; buyers should consult legal counsel familiar with First Nations land transactions
Only 2 active listings, making this a very low-inventory and specialised market
Average list price of $907,250 reflects the scarcity and unique nature of available properties
Housing
Housing stock is limited and primarily consists of single-family homes on reserve land, with ownership and tenure governed by First Nations land rules rather than standard Alberta property law.
Transit
Transit access is limited compared to other Calgary communities, and residents typically rely on personal vehicles for most daily trips.
Amenities
Residents are within driving distance of amenities along major corridors including Stoney Trail, with retail, dining, and services accessible in neighbouring communities.
Who lives here
The community is home to members of the Tsuut'ina Nation and those with close ties to the reserve, reflecting a tight-knit Indigenous community.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

