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Home Communities Saddle Ridge 63 Savanna Boulevard NE
$849,000 Sold
63 Savanna Boulevard NE · Calgary · T3J 4H1
bd ba 1,505 sqft $564/sqft Built 2019
MLS® A2303375 · Listed Apr 20, 2026
Listed by eXp Realty — Talha Niazi
By the numbers

How this listing measures up

$/sqft $564
vs Saddle Ridge median +40% 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 $564/sqft sits in the $550–600 range.
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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

Inclusionsas per the Lease
Year built2019
Annual taxes$10,577
Tax year2025
PossessionNegotiable
ZoningC-N1
RestrictionsUtility Right Of Way
NeighbourhoodSaddle Ridge
List AORCalgary

Location

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About Saddle Ridge

AI-generated summary

A 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.
Full Saddle Ridge 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: eXp Realty — Talha Niazi.