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Home Communities Royal Oak 240-500 Royal Oak Drive NW
$2,425,000 Active
240-500 Royal Oak Drive NW · Calgary · T3G 5J7
bd ba 4,626 sqft $524/sqft Built 2014
MLS® A2269685 · Listed Nov 26, 2025
Listed by MaxWell Canyon Creek — Scott Russell
By the numbers

How this listing measures up

$/sqft $524
vs Royal Oak median +295% community avg $613K
Sqft per bedroom
Year built 2014
Annual taxes $52,388 2025
Royal Oak avg DOM 34d
$/sqft distribution

Where this listing sits in Royal Oak

Of 42 active residential listings in Royal Oak, this property at $524/sqft sits in the $500–550 range.
$300–$350/sqft · 9 listings $350–$400/sqft · 16 listings $400–$450/sqft · 8 listings $450–$500/sqft · 4 listings $500–$550/sqft · 3 listings $550–$600/sqft · 1 listing $600–$650/sqft · 1 listing $300 $350 $400 $450 $500 $550 $600 $650 This · $524
Other active listings This listing's price range This listing

About this property

An outstanding opportunity to acquire units 9 ($1,600,000) and/or 10 ($825,000) in a fully leased retail plaza at 500 Royal Oak Drive NW, a prominent and high-traffic location in northwest Calgary. Strategically situated on a corner lot with excellent exposure and convenient access, this modern retail centre benefits from strong visibility in one of Calgary’s most established suburban trade areas. Unit 9 has a long term tenant in place and Unit 10 is vacant. The property hosts a diverse mix of stable, long-standing tenants across health, service, and lifestyle sectors, offering investors consistent income and zero vacancy. Constructed in 2014, the building features quality construction, ample surface parking, and attractive curb appeal—positioning it for longterm value and low-maintenance ownership. Zoned C-COR2, the site is surrounded by a blend of residential communities, major retail anchors, and key transit routes, ensuring continued foot traffic, tenant demand, and potential future redevelopment upside. A rare chance to secure a turn-key investment with strong cash flow, excellent tenant covenant, and a presence in one of northwest Calgary’s most active retail nodes.

Property details

InclusionsN/A
Year built2014
Annual taxes$52,388
Tax year2025
PossessionImmediate
ZoningC-N2
RestrictionsCall Lister,Lease Restriction
NeighbourhoodRoyal Oak
List AORCalgary

Location

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About Royal Oak

AI-generated summary

A well-established northwest suburban community known for its rolling terrain, mature green spaces, and family-friendly atmosphere with a strong sense of community pride.

Royal Oak School and nearby public and Catholic schools make it popular with young families
Quick access to Stoney Trail (Ring Road) supports easy commuting across the city
The community backs onto natural ravines and pathways ideal for walking and cycling
Housing
Predominantly single-family detached homes ranging from entry-level to estate properties, with some townhomes and condos near the community's edges.
Transit
Served by Calgary Transit bus routes with relatively car-dependent living; Tuscany LRT station is the nearest C-Train stop, a short drive away.
Amenities
Royal Oak Shopping Centre anchors retail and dining options nearby, with additional services along Crowchild Trail and Country Hills Boulevard.
Who lives here
Primarily families and professionals who value suburban space, good schools, and proximity to both Stoney Trail and the mountains.
Full Royal Oak community profile →

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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Listed by: MaxWell Canyon Creek — Scott Russell.