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240, 500 Royal Oak Drive NW, Calgary

$2,425,000

About this property

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.

Essential information

MLS® number
A2269685
Status
Active
Price
$2,425,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
Call Lister, Lease Restriction
Building area
4,626 sq ft
Year built
2014
Structure
Low Rise (2-4 stories)
Listing brokerage
MaxWell Canyon Creek
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
C-N2

Community

City
Calgary
Province
AB
Postal code
T3G 5J7

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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MLS® data last updated Nov 8, 2026, 1:00 a.m. (Mountain Time).

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