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3941 University Avenue NW
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Calgary · Business · under $100,000. Alerts only send when there are new or meaningfully updated matching homes.
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Thriving Franchised Fresh Tea Business – Prime Location! Excellent opportunity to own a well-established and popular franchised fresh tea business in a highly desirable location. This turn-key operation is perfectly positioned in a vibrant, high-density area surrounded by newly built condominium buildings, a bustling business park, playground, major grocery supermarket, and popular restaurants and pubs — creating consistent foot traffic and strong walk-in customer flow throughout the day.? Superb exposure? Strong pedestrian traffic? Heated underground parkade with ample free parking? Additional convenient street parking? Established brand recognition? Attractive to both residents and visitors. The combination of residential density, nearby amenities, and neighbouring retail businesses makes this location extremely appealing and sustainable for long-term growth. A fantastic opportunity for owner-operators or investors looking to step into a proven success concept. (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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jun 26, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
1.2 km away
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2.2 km away
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3.3 km away
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3.0 km away
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TEHRAN GROCERY
2120 Kensington Rd NW, Calgary, AB T2N 3R7, Canada
4.6★ · 103 reviews
3.3 km away
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4.0 km away
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1.9 km away
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3.3 km away
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3.4 km away
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Brentwood School | Calgary Board of Education
1231 Northmount Dr NW, Calgary, AB T2L 1H9, Canada
1.6 km away
straight-line
1232 Northmount Dr NW, Calgary, AB T2L 0E1, Canada
1.7 km away
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4198 Valiant Dr NW, Calgary, AB T3A 0H7, Canada
1.8 km away
straight-line
University LRT Station (NB)
Calgary, AB T2L 2A3, Canada
2.8★ · 4 reviews
710 m away
straight-line
University station
Calgary, AB, Canada
5.0★ · 4 reviews
810 m away
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University Station
Calgary, AB T2L 2A3, Canada
4.2★ · 21 reviews
810 m away
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