17 Sandpiper Link NW · Detached rental

17 Sandpiper Link NW is a 1-unit detached rental in Calgary, AB, asking $300,000 — $300,000 per door.

That lands inside the Calgary band of $190k - $310k per door, so the ask is not the thing that decides this deal — the rent roll is. Calgary cap rates screen 5.6% - 7.2% and average rent runs about $2,050 a door.

At 1 unit this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Calgary screens well for current yield, population growth, and landlord policy, with cyclical exposure still worth stress testing. Investor demand reads high, vacancy tightening.