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175A 52 SE
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Beds
—
Baths
—
Sqft
950
Year
1976
Type
Business
On market
16d
BUSINESS ASSET SALE – ESTABLISHED SOUTH INDIAN RESTAURANT | SE CALGARYAn excellent opportunity to acquire a well-known and established South Indian restaurant located in the highly desirable Southeast Calgary area. This is a turnkey asset sale of The Madras, a beloved local food destination with a strong reputation and loyal customer base.Operating successfully for over 15 years, this restaurant has built consistent brand recognition within the community, specializing in authentic South Indian cuisine and fusion offerings that attract both dine-in and takeout clientele.Key Highlights:•Prime SE Calgary location with strong visibility and steady foot traffic •Very affordable lease with low monthly rent, supporting healthy margins •Fully equipped commercial kitchen suitable for Indian cuisine operations •Established goodwill and long-standing customer base •Strong potential for continued growth or concept expansion •Ideal for owner-operators or family-run business This is a rare opportunity to step into a proven operation with minimal setup time required. Perfect for experienced restaurateurs or newcomers looking to enter the food and beverage industry with an established foundation.Business is being sold as an asset sale only. Rent $2,156 Op cost $870 per month (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).
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 24, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.