By the numbers

How this listing measures up

$/sqft $652

vs Chinatown median +176% community avg $507K

Sqft per bedroom —

Year built 1978

Annual taxes $15,323 2025

Chinatown avg DOM 44d

$/sqft distribution

Where this listing sits in Chinatown

Of 33 active residential listings in Chinatown, this property at $652/sqft sits in the $650–700 range.

Other active listings This listing's price range This listing

About this property

Investors Opportunity – Prime Commercial Property in Downtown Calgary! Exceptional commercial property for sale at one of the most sought-after and central locations in Calgary’s vibrant downtown core — right at the entrance of Dragon City Mall on Centre Street. This high-exposure CORNER unit offers unmatched visibility and access, benefiting from constant vehicle and foot traffic. Currently leased to a well-established and popular restaurant operating successfully for over 20+ years. The existing long-term tenant is open to signing a new lease, providing instant rental income stability. Alternatively, seize the opportunity to take over the existing business or launch your own business venture at this high-traffic location. Opportunities like this are extremely rare — ideal for investors or owner-operators looking for prime commercial real estate with proven performance. Don’t miss out – ACT NOW!

Property details

Heating	Central,Natural Gas
Cooling	Central Air,Other
Inclusions	TBV

Year built	1978
Foundation	Poured Concrete

Annual taxes	$15,323
Tax year	2025
Possession	Negotiable
Zoning	DC (pre 1P2007)
Title	Fee Simple
Restrictions	Board Approval

Neighbourhood	Chinatown
List AOR	Calgary

Location

Sold comparables in Chinatown

25 recent sales in Chinatown

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About Chinatown

AI-generated summary

One of Calgary's oldest and most culturally vibrant neighbourhoods, Chinatown blends historic roots with a lively street-level energy defined by authentic Asian cuisine, herbalists, and bustling markets. It sits at the edge of downtown along the Bow River, offering a unique urban character found nowhere else in the city.

One of the oldest Chinatowns in Western Canada, with roots dating to the late 1800s.

The Calgary Chinese Cultural Centre is one of the largest of its kind in North America.

Borders the Bow River, offering direct access to the city's extensive river pathway network.

Housing

Predominantly high-density residential towers and older low-rise apartment buildings, with very limited single-family housing and a high proportion of renters.

Transit

Exceptionally well-connected, with nearby CTrain access, multiple bus routes, and a Walk Score that makes running daily errands on foot very practical.

Amenities

Home to a dense concentration of Chinese and Vietnamese restaurants, Asian grocery stores, herbal medicine shops, and the Calgary Chinese Cultural Centre, with the Bow River pathway system steps away.

Who lives here

A tight-knit mix of long-established Chinese-Canadian families, recent newcomers, and downtown-oriented renters drawn to affordability and urban convenience.

Full Chinatown 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.