$1,150,000
340, 318 Nolanridge Crescent NW
Beds
—
Baths
—
Sqft
1,647
Year
2019
Type
Retail
Suite
Investment signal
Location nearby
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.
About this home
An excellent investment opportunity in Calgary NW featuring a 1,647 sq ft retail unit fully leased to a liquor store operator, providing stable and passive income. The property is secured under a Triple Net lease generating $64,986 annually, with approximately 7 years remaining on the term, making it ideal for investors seeking long-term cash flow. This well-maintained unit is situated in a desirable location and includes exclusive use for a liquor store, adding strong tenant security and long-term value. A turnkey investment with an established tenant in place—please note that the business is operated by the tenant and the unit is being sold as an income-producing leased property. DO NOT approach the tenant! (id:65958)
- Subtype
- Retail
- Structure
- Retail
- Community
- Nolan Hill
- Living area
- 1,647 square feet
- On market
- Apr 21, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $19,536 (2025)
- Zoning
- DC
- Photos
- 1
- MLS#
- A2303933
- Area
- CALGARY_NW
Cash on cash
-6.49%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,059
Financing
Operating expenses (monthly)
Estimates 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.