Dedication | Focus | Loyalty
Active
$2,425,000
240, 500 Royal Oak Drive NW
Royal Oak, Calgary
MLS® #A2269685
- 4,626 Sqft
- Built 2014
- Business
- ✓ Spacious Layout
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. (id:66619)
Features
Interior
4,626 sqft
Year Built
2014
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.