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Investment signal

$4,400,000

16909 104 Street SE

Beds

Baths

Sqft

1,400

Year

1965

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
MLS#
A2132351
Area
CALGARY_SE
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

What daily life looks like from this address. Tap a category to add or remove it.

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  • 🛒 Grocery

    7-Eleven

    10 Copperstone St SE #101, Calgary, AB T2Z 0P1, Canada

    4.0 km

    ~6 min drive

  • 🥩 Halal grocery

    Mountain View Meats

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

    10.4 km

    ~17 min drive

  • 🕌 Mosque

    Masjid Al-Ummah

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

    0.3 km

    ~1 min drive

  • 🌳 Park

    Mahogany Royal-Blue Park

    Calgary, AB T3M 2W4, Canada

    2.0 km

    ~3 min drive

  • 🏫 Elementary

    Montessori Teachers College

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

    4.9 km

    ~8 min drive

  • 🚉 Transit

    Future LRT Station

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

    4.3 km

    ~7 min drive

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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