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4, 999 Sunridge Street Avenue NE
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Excellent Investment Opportunity: Turnkey Nail shop, massage therapatic, laser treatments Salon in Prime Northeast Calgary Location near Sunridge Mall shopping center. A rare opportunity to acquire a beautifully appointed and successfully operated Nail salon in a high-traffic area of Northeast Calgary. Same location for over 10 years of building a loyal clienteles and a stellar reputation, the owner is retiring, offering a seamless transition for a new entrepreneur. New 5 years lease good till Dec 2030 with 2 term option for renew. 1,005 sq. ft. nail salon exudes elegance and professionalism with its high-class, modern setup that is meticulously clean and maintained. The space is thoughtfully designed with 5 spacious nail stations and 5 luxurious spa chairs. Conveniently located near the bustling Sunridge Mall, the salon benefits from high visibility and a steady flow of potential customers. The desirable location, plenty of free parking, ensures a convenient and pleasant experience for a happy and loyal customer base. The laser equipment is NOT for sale but can neogotiate . This is an exceptional opportunity for an investor or a beauty professional looking to own a profitable, established business with significant growth potential. To arrange a private and confidential viewing today. (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
85.54%
Cap rate
21.97%
GRM
3.8
Break-even rent
$751
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 Jun 5, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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