By the numbers
How this listing measures up
$/sqft
$274
vs Pineridge median
+32%
community avg $417K
Sqft per bedroom
—
Year built
1993
Pineridge avg DOM
27d
$/sqft distribution
Where this listing sits in Pineridge
Of 36 active residential listings in Pineridge,
this property at $274/sqft
sits in the $250–300 range.
Other active listings
This listing's price range
This listing
About this property
Well-established South Indian restaurant with a 60-seat dining capacity, delivering over $1.3M in gross annual sales and a strong net income of $275K. The business benefits from multiple revenue streams, including a robust catering operation. This is a fully turnkey setup—the seller is prepared to provide comprehensive training to ensure a smooth transition, and the experienced staff is willing to stay on. The restaurant is equipped with newer equipment, including a new AC unit installed in the walk-in cooler, and features a 12-foot canopy. The current lease is secured for 3 years with a 5-year renewal option, offering long-term stability. Known for its strong reputation and loyal customer base, this is an ideal opportunity for an owner-operator or investor seeking a high-performing, ready-to-run restaurant.
Property details
| Inclusions | Asset List to be provided before closing |
| Year built | 1993 |
| Possession | Negotiable |
| Restrictions | None Known |
| Neighbourhood | Pineridge |
| List AOR | Calgary |
Location
Sold comparables in Pineridge
46 recent sales in Pineridge
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Sign up to see sold dataAbout Pineridge
AI-generated summaryPineridge is a quiet, established northeast Calgary community with a strong sense of community pride and a multicultural character that has deepened over the decades since its development in the 1970s.
Established in the early 1970s as part of Calgary's northeast suburban expansion
Home to Pineridge Community Association, which hosts year-round programming and a skating rink
Relatively affordable compared to Calgary's overall average detached home price
Housing
The neighbourhood is dominated by single-family detached homes from the 1970s and early 1980s, with some semi-detached and low-rise apartment options available.
Transit
Pineridge is served by Calgary Transit bus routes with reasonable access to the Max Yellow BRT corridor, making car-free commuting feasible though a personal vehicle remains convenient.
Amenities
Residents are close to Sunridge Mall, local schools, Pineridge Community Association facilities, and a variety of ethnic grocery stores and restaurants along major commercial corridors.
Who lives here
The community attracts a diverse mix of long-time Calgary families, newcomers to Canada, and budget-conscious buyers drawn by relatively affordable entry-level home prices.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
