We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
115, 55 Westwinds Crescent NE
Swipe through similar matches — tap the heart to save, or open one for the full read.
Beds
—
Baths
—
Sqft
2,828
Year
2006
Type
Retail
On market
207d
Looking for a profitable and high-performing investment property? Discover this outstanding 2-storey office building located in the highly sought-after Westwinds community of Calgary—one of the city’s most active commercial hubs. This prime location offers exceptional visibility, convenient access, and a thriving business environment that makes it an ideal addition to any investment portfolio.Fully leased and generating steady income, this turnkey property provides peace of mind from day one. With quality long-term tenants already in place, you can enjoy reliable returns without the hassle of searching for occupants. The building is aesthetically designed to impress, offering both functionality and modern appeal—an asset that consistently attracts professional, well-established businesses.Inside, the property features 11 private offices, 2 kitchenettes, 2 washrooms, and a welcoming reception area—all laid out to support efficiency and workflow. Whether used for professional services, administrative offices, or specialty businesses, the configuration accommodates a wide range of commercial needs.Nestled in the heart of Westwinds, tenants benefit from proximity to an array of amenities including restaurants, coffee shops, retail stores, financial institutions, medical clinics, and professional services. Major anchors such as Superstore, banks, fitness centers, and a variety of dining options are all just minutes away. The area also offers exceptional accessibility with close connections to major roadways, public transit, and the nearby Westwinds LRT station—making it a convenient destination for clients and employees alike.Surrounded by a dynamic business community, this location fosters networking, collaboration, and long-term tenant satisfaction—helping support stable occupancy and rental growth. Currently generating a gross monthly rent of $6,000, this property offers strong performance with excellent potential for future appreciation in one of Calgary’s fa stest-growing commercial corridors.Whether you're an experienced investor or entering the market for the first time, this versatile, income-producing building is ready to become a cornerstone of your portfolio. Contact your favourite Realtor today to book a private viewing. Don’t miss this rare opportunity to secure a premier office building in Westwinds! (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
-6.68%
Cap rate
3.53%
GRM
16.7
Break-even rent
$4,814
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
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 20, 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.