240, 500 Royal Oak Drive NW
Calgary, Alberta
MLS® A2269685
$2,425,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2269685
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2014
1 / 23Listing description
An outstanding opportunity to acquire units 9 ($1,600,000) and/or 10 ($825,000) in a fully leased retail plaza at 500 Royal Oak Drive NW, a prominent and high-traffic location in northwest Calgary. Strategically situated on a corner lot with excellent exposure and convenient access, this modern retail centre benefits from strong visibility in one of Calgary’s most established suburban trade areas. Unit 9 has a long term tenant in place and Unit 10 is vacant.
The property hosts a diverse mix of stable, long-standing tenants across health, service, and lifestyle sectors, offering investors consistent income and zero vacancy. Constructed in 2014, the building features quality construction, ample surface parking, and attractive curb appeal—positioning it for longterm value and low-maintenance ownership. Zoned C-COR2, the site is surrounded by a blend of residential communities, major retail anchors, and key transit routes, ensuring continued foot traffic, tenant demand, and potential future redevelopment upside.
A rare chance to secure a turn-key investment with strong cash flow, excellent tenant covenant, and a presence in one of northwest Calgary’s most active retail nodes.
Property summary
- MLS® number
- A2269685
- Property type
- Business
- Building type
- Retail
- Square footage
- 4,626 sq ft
- Built in
- 2014
- Annual property taxes
- $52,388.00
- Days on market
- 272 days
What would this home cost you?
Based on the $2,425,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of MaxWell Canyon Creek, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.