By the numbers
How this listing measures up
$/sqft
$653
vs Sundance median
-21%
community avg $869K
Sqft per bedroom
210
Year built
1982
Annual taxes
$3,702
2025
Garage
2 spaces
$/sqft distribution
Where this listing sits in Sundance
Of 15 active residential listings in Sundance,
this property at $653/sqft
sits in the $650–700 range.
Other active listings
This listing's price range
This listing
About this property
Looking for a property that works for you from day one?
Welcome to 121 Sunbank Way SE, a rare opportunity to own a legally suited bungalow in the highly sought-after lake community of Sundance. Currently generating $3,600 per month in rental income (tenants pay utilities), this property offers immediate cash flow with a three-bedroom main floor suite, a two-bedroom legal basement suite, and a separately rented oversized heated double garage.
Whether you're an investor seeking stable income or a homeowner looking to significantly offset your mortgage, this property delivers flexibility that is increasingly difficult to find in Calgary's established communities.
The main level offers over 1,000 square feet with three bedrooms, a spacious living room, dining area, updated bathroom, and its own private laundry. The legal basement suite features two bedrooms, a full bathroom, separate laundry, private living space, and a dedicated kitchen, creating an attractive setup for long-term tenants.
Outside, the oversized detached garage is heated and separately rented, creating an additional income stream rarely found in comparable properties. The south-facing backyard offers plenty of outdoor space, while the property's location provides quick access to Fish Creek Park, schools, shopping, transit, and the Sundance Lake amenities.
Opportunities to purchase a legal suited property with multiple income streams in one of Calgary's premier lake communities are extremely limited.
Property details
| Bedrooms | 5 |
| Bathrooms | 2.0 |
| Style | Bungalow |
| Heating | Fireplace(s),Forced Air,Natural Gas |
| Cooling | None |
| Flooring | Carpet,Hardwood,Laminate |
| Levels | One |
| Basement | Full |
| Basement development | Finished |
| Interior features | Laminate Counters,Pantry,Recessed Lighting,Separate Entrance,Storage |
| Appliances | Built-In Refrigerator,Dishwasher,Dryer,Electric Range,Microwave Hood Fan,Washer |
| Inclusions | Basment Suite: fridge, stove, washer, dryer, microwave hood fan |
| Laundry | Laundry Room,Multiple Locations |
| Lot size | 3745.00 sqft |
| Frontage | 24.94 ft |
| Lot features | Back Lane,Back Yard,Front Yard,Landscaped,Lawn |
| Exterior features | Fire Pit,Private Entrance,Private Yard |
| Fencing | Fenced |
| Patio | Patio |
| Year built | 1982 |
| Construction materials | Vinyl Siding,Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Alley Access,Double Garage Detached,Garage Door Opener,Garage Faces Rear,Heated Garage,Insulated |
| Garage spaces | 2 |
| Parking total | 2 |
| Annual taxes | $3,702 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Sundance |
| Community features | Park,Playground,Pond,Schools Nearby,Sidewalks,Street Lights,Walking/Bike Paths |
| List AOR | Calgary |
Location
Sold comparables in Sundance
59 recent sales in Sundance
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Sign up to see sold dataAbout Sundance
AI-generated summarySundance is a well-established southeast Calgary lake community with a relaxed, family-friendly atmosphere centred around its private residents-only lake and beach club.
Private lake community with exclusive beach and recreational facilities for residents
Borders Fish Creek Provincial Park, one of Canada's largest urban parks
Strong community association with year-round programming and events
Housing
The neighbourhood features a mix of single-family detached homes, semi-detached properties, and townhouses, many built in the 1980s and 1990s.
Transit
Sundance is primarily car-dependent, though Bus Route 23 and nearby Fish Creek–Lacombe CTrain station provide public transit options.
Amenities
Residents enjoy proximity to Sundance Lake, Fish Creek Provincial Park, Sun Valley Park, and the shopping and dining options along Macleod Trail and at Shawnessy Village.
Who lives here
The community attracts established families and long-term homeowners who value suburban stability, outdoor recreation, and the lake lifestyle.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.







