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Home Communities Downtown 125 Main Street N
$10,880,000 Active
125 Main Street N · Airdrie · T4B 0R8
bd ba 27,443 sqft $396/sqft Built 1984
MLS® A2172159 · Listed Oct 9, 2024
Listed by Manchester Properties Inc. — Bennett Edwardson, Jim Edwardson
By the numbers

How this listing measures up

$/sqft $396
vs Downtown median +2771% community avg $379K
Sqft per bedroom
Year built 1984
Annual taxes $20,400 2024
Downtown avg DOM 36d
$/sqft distribution

Where this listing sits in Downtown

Of 33 active residential listings in Downtown, this property at $396/sqft sits in the $350–400 range.
$200–$250/sqft · 3 listings $250–$300/sqft · 6 listings $300–$350/sqft · 9 listings $350–$400/sqft · 5 listings $400–$450/sqft · 1 listing $450–$500/sqft · 1 listing $500–$550/sqft · 1 listing $550–$600/sqft · 3 listings $600–$650/sqft · 0 listings $650–$700/sqft · 3 listings $700–$750/sqft · 1 listing $200 $300 $400 $500 $600 $700 $750 This · $396
Other active listings This listing's price range This listing

About this property

This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term. This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor. This building is 100% occupied with only one vacancy of 900 sq. ft. which the owner is actively marketing for lease. The property is tenanted by quality tenants with 74% of the building leased until March of 2033. Current Net Rental income is $622,750 + amortization recovery of $57,800 which equals Total Net Revenue of $680,600 for 2025. Over the next ten years the total net revenue is projected to average $737,900 per annum. Click the link below to download the brochure!

Property details

HeatingFloor Furnace,Forced Air,Natural Gas
CoolingCentral Air
InclusionsN/A
Year built1984
RoofTar/Gravel
Parking total59
Annual taxes$20,400
Tax year2024
PossessionNegotiable
ZoningM3
RestrictionsCall Lister
NeighbourhoodDowntown
List AORCalgary

Location

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About Downtown

AI-generated summary

Calgary's bustling urban core, Downtown offers a fast-paced, walkable lifestyle with a skyline-filled backdrop and a strong sense of city energy. It's a hub for business, culture, and entertainment.

33 active listings with an average list price of $387,558
Properties are averaging 33 days on market
One of Calgary's most walkable communities with a high Walk Score
Housing
The market is dominated by high-rise condominiums and apartments, offering a range of units from compact studios to upscale executive suites.
Transit
Exceptionally well-served by Calgary Transit's CTrain (both Red and Blue lines) and the free Fare Zone, making car-free living highly practical.
Amenities
Steps from the CORE Shopping Centre, Stephen Avenue, Prince's Island Park, the Bow River pathways, major restaurants, theatres, and professional services.
Who lives here
Primarily young professionals, downtown workers, and urban-lifestyle enthusiasts who prioritise convenience and proximity to employment over suburban space.
Full Downtown community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Manchester Properties Inc. — Bennett Edwardson, Jim Edwardson.