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5 Falsbridge Drive NE
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Calgary · Business · under $550,000. Alerts only send when there are new or meaningfully updated matching homes.
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Please do not reach the staff directly.Turnkey BarBurrito franchise located in a prime high-traffic corner unit in NE Calgary. Offering approximately 1,700 sq. ft. of well-designed space, this fully equipped restaurant has been efficiently operating since day one. The kitchen is well-appointed with a newly installed refrigerator and maintained equipment, ensuring seamless day-to-day operations. Long-term lease in place provides excellent stability, complemented by strong brand recognition and robust franchise support. This opportunity is ideal for both experienced entrepreneurs and those new to business ownership. Full training and ongoing support will be provided to ensure a smooth transition. Great potential for continued growth and solid returns. (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).
Cash on cash
-7.03%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,116
Financing
Operating expenses (monthly)
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Approximation 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.
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 Apr 10, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
308 m away
Al Madinah Islamic Centre
2.2 km away
2.6 km away
Al-Hedaya Islamic Centre
3.0 km away
Hazrat Bilal Islamic Center
3.6 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
2.7 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
6.2 km away
7.0 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
573 m away
Amir Halal Meats & Grocery
6.2 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.