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Reduced $50,000 (8%) from $629,888
1218, 12 Royal Vista Way NW
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Beds
—
Baths
—
Sqft
1,106
Year
2017
Type
Office
On market
27d
GREAT INVESTMENT OPPORTUNITY, OR A CHANCE TO OWN YOUR OWN OFFICE SPACE! , this newer construction fully built out office space is in a prime location in the heart of Royal Vista, NW Calgary. offering investors an easy turnkey investment opportunity as a landlord. This secure unit and building boast elevator access and ample parking, ensuring both convenience and peace of mind for your tenants or your company/clients. Functionality and a design to impress come together with this bright office condo. Featuring contemporary and modern finishings, highlighted with sleek industrial accents and clean lines. There is a total of 3 enclosed offices, and large common workspace offer that provide versatility for a variety of professional operations and business ideas. Strategically located near big box stores, an auto mall, a variety of dining options, daycare facilities, and public transportation, ensuring easy access for both employees and clients alike. This location is in the hub of Royal Vista with plenty of foot and vehicle traffic. Additional financial details available on request. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.89%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,601
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 27, 2026.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.