By the numbers

How this listing measures up

$/sqft $409

vs Downtown median -14% community avg $379K

Sqft per bedroom —

Year built 2006

Annual taxes $3,925 2025

Downtown avg DOM 36d

$/sqft distribution

Where this listing sits in Downtown

Of 33 active residential listings in Downtown, this property at $409/sqft sits in the $400–450 range.

Other active listings This listing's price range This listing

About this property

Are you an Investor or a group of investors? Here’s a proven opportunity, with an active Two-year lease, Triple Net with a long-term tenant in place. The rate of return for this investment is 7.2 percent $23,463.96/$325,000 The Land Use is M3 Downtown Core Mixed Use District, which allows for many opportunities. Ownership of a unit is an investment into tomorrow. This is a professionally well-managed condo complex. The possession can be immediate should you be willing to assume the tenancy of the Two-year lease that is Triple Net. Don’t miss this one, call your Realtor today, as all showings are by appointment

Property details

Inclusions

None

Lot size	981.00 sqft
Lot features	City Lot,Irregular Lot,Landscaped,Low Maintenance Landscape,Near Golf Course,Near Public Transit,Near Shopping Center,Paved,Street Lighting

Year built	2006
Construction materials	Composite Siding,Mixed,Wood Frame
Foundation	Poured Concrete,Slab

Annual taxes	$3,925
Tax year	2025
Possession	Negotiable,Other/See Remarks
Zoning	M3 Downtown Core Mixed Us
Title	Fee Simple
Restrictions	Utility Right Of Way

Neighbourhood	Downtown
List AOR	Calgary

Location

Sold comparables in Downtown

55 recent sales in Downtown

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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.