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Investment signal

$4,400,000

16909 104 Street SE

Beds

Baths

Sqft

1,400

Year

1965

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

20 ACRES in Calgary SE. Zoned SFUD FRML with rental income. Possible RV Storage allowed. Pre-app meeting with City of Calgary completed. Property 1 mile east of Stoney Trail on Highway 22X and 1/2 mile south on 104 Street SE.. Great investment for long-term hold. Call your realtor for additional information. Residental land developers have bought up neighbouring properties. (id:65958)

Subtype
Other
Structure
Commercial Mix
Common interest
Freehold
Living area
1,400 square feet
On market
May 23, 2024
Status changed
Apr 15, 2026
Annual tax
$12,116.47 (2023)
Zoning
SFUD
Photos
5
MLS#
A2132351
Area
CALGARY_SE

Features and systems

Heating

Forced airNatural gas

Foundation

Brick
Negative cash flow ~$8,292/mo at these assumptions

Cash on cash

-11.31%

Cap rate

3.63%

GRM

16.7

Break-even rent

$30,728

Financing

Down payment$880,000
Loan amount$3,520,000
Mortgage$21,595/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,017
Insurance$80
Maintenance$3,667
CapEx reserve$1,833
Vacancy loss$1,100

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby this address

Schools, halal food/grocery, mosques, parks, transit, and daily errands. Toggle categories to compare what actually matters from this address.

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HAL

Halal grocery

  1. Mountain View Meats

    7865 56 St SE Unit # 102, Calgary, AB T2C 5S7, Canada

    4.7 rating · 24 reviews

    10.4 km

    ~17 min

  2. ND Fresh Meat

    240 Midpark Way SE unit 7, Calgary, AB T2X 1N4, Canada

    3.7 rating · 3 reviews

    12.7 km

    ~20 min

  3. Ar-Razzaq Halal Meat & Grocery

    15219 Bannister Rd SE, Calgary, AB T2X 1Z3, Canada

    4.5 rating · 85 reviews

    13.1 km

    ~21 min

EAT

Halal restaurant

  1. Biryani By Pound

    387 Hotchkiss Mnr SE, Calgary, AB T3S 0J9, Canada

    5.0 rating · 12 reviews

    1.9 km

    ~3 min

  2. KFC

    80 Mahogany Rd SE, Calgary, AB T3M 3K9, Canada

    3.5 rating · 1,110 reviews

    4.2 km

    ~7 min

  3. Butter Chicken Hut

    151 Copperpond Blvd SE #205, Calgary, AB T3S 0A5, Canada

    3.7 rating · 282 reviews

    4.3 km

    ~7 min

MSQ

Mosque

  1. Masjid Al-Ummah

    16555 104 St SE, Calgary, AB T3S 0A8, Canada

    5.0 rating · 5 reviews

    0.3 km

    ~1 min

  2. Al Zahra Learning Center

    3750 46 Ave SE #109, Calgary, AB T2B 0L1, Canada

    14.1 km

    ~23 min

  3. Abu Huraira Musalla

    5147 20 Ave SE, Calgary, AB T2A 0T7, Canada

    5.0 rating · 17 reviews

    16.0 km

    ~26 min

PRK

Park

  1. Mahogany Royal-Blue Park

    Calgary, AB T3M 2W4, Canada

    4.6 rating · 8 reviews

    2.0 km

    ~3 min

  2. Mahogany Teal Park

    Masters Square SE, Calgary, AB T3M 2M1, Canada

    4.7 rating · 45 reviews

    2.1 km

    ~3 min

  3. Rock Park

    Calgary, AB T3M 1X7, Canada

    4.5 rating · 54 reviews

    2.2 km

    ~4 min

EL

Elementary

  1. Montessori Teachers College

    4963 Front St SE, Calgary, AB T3M 1P7, Canada

    4.5 rating · 2 reviews

    4.9 km

    ~8 min

  2. New Brighton School | Calgary Board of Education

    30 New Brighton Dr SE, Calgary, AB T2Z 4B2, Canada

    3.6 rating · 18 reviews

    5.4 km

    ~9 min

  3. Auburn Bay School | Calgary Board of Education

    7 Auburn Bay Ave SE, Calgary, AB T3M 0K9, Canada

    5.5 km

    ~9 min

TRN

Transit

  1. Future LRT Station

    Cm Southeast, 300 Auburn Meadows Common SE, Calgary, AB T3M 3E7, Canada

    2.3 rating · 3 reviews

    4.3 km

    ~7 min

  2. McKenzie Towne Terminal SE

    Calgary, AB T2Z 1H1, Canada

    5.0 rating · 2 reviews

    5.5 km

    ~9 min

  3. Future LRT Station

    NB 52 ST SE @ McKenzie Terminal, Calgary, AB T2Z 0S8, Canada

    5.5 km

    ~9 min

Mortgage estimate

Estimated $21,595/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.

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