Calgary Real Estate Geek
Home Communities Tuxedo Park 2111 Centre Street NW
$79,990 Expired
2111 Centre Street NW · Calgary · T2E 2T2
bd ba 1,061 sqft $75/sqft Built 2023
MLS® A2288674 · Listed Mar 19, 2026
Listed by Homecare Realty Ltd. — Shane Wan, Parker Xiong
By the numbers

How this listing measures up

$/sqft $75
vs Tuxedo Park median -92% community avg $1035K
Sqft per bedroom
Year built 2023
Tuxedo Park avg DOM 45d
$/sqft distribution

Where this listing sits in Tuxedo Park

Of 28 active residential listings in Tuxedo Park, this property at $75/sqft sits in the $50–100 range.
$50–$100/sqft · 0 listings $100–$150/sqft · 0 listings $150–$200/sqft · 0 listings $200–$250/sqft · 0 listings $250–$300/sqft · 2 listings $300–$350/sqft · 5 listings $350–$400/sqft · 2 listings $400–$450/sqft · 2 listings $450–$500/sqft · 5 listings $500–$550/sqft · 2 listings $550–$600/sqft · 5 listings $600–$650/sqft · 1 listing $650–$700/sqft · 0 listings $700–$750/sqft · 2 listings $750–$800/sqft · 0 listings $800–$850/sqft · 1 listing $850–$900/sqft · 0 listings $900–$950/sqft · 1 listing $50 $150 $250 $350 $450 $550 $650 $750 $850 $950 This · $75
Other active listings This listing's price range This listing

About this property

A rare opportunity to acquire a high-performing, turnkey restaurant business in one of Calgary’s most dynamic central corridors — 2111 Centre Street N, #5. This impeccably designed 1,061 sq ft space combines modern Asian-inspired décor, efficient workflow, and prime visibility in the heart of Tuxedo Park, surrounded by constant pedestrian and vehicular traffic. Step inside and you’ll immediately notice the warm lighting, elegant finishes, and open layout that creates a refined dining atmosphere. The front of house offers 30 comfortable seats with a contemporary aesthetic that balances intimacy and vibrancy — perfect for dine-in, takeout, and delivery clientele. The back-of-house kitchen is professionally equipped and meticulously maintained, providing a seamless environment for high-volume service and culinary creativity. This established business has demonstrated strong annual sales exceeding $610,000, with consistent profitability and an impressive net income of roughly $100,000 per year. Supported by a low operating cost structure — base rent of only $1,724.13 per month (+ op costs, total ˜ $2,250)** — it offers an exceptional return profile rarely seen in comparable restaurant operations. A long-term lease is securely in place until September 2027, with a 5-year renewal option, ensuring stability and peace of mind for the next owner. Open seven days a week (11 a.m. – 11 p.m.), this business benefits from continuous cash flow, a loyal customer base, and a fully trained staff capable of independent daily operation. Whether you are an experienced restaurateur seeking expansion or an investor looking for a high-yield, low-touch business, this property delivers both financial performance and operational excellence. With its strong brand identity, prime location, and proven track record, this offering represents a rare chance to own a thriving, modern dining establishment at a fraction of typical start-up cost. All equipment, fixtures, and leasehold improvements are included, reflecting the owner’s commitment to quality and long-term success. Don’t miss your opportunity to step into a business that embodies refined design, sustainable profit, and urban sophistication — right in the heart of Calgary’s bustling Centre Street North corridor.

Property details

InclusionsN/A
Year built2023
PossessionNegotiable
RestrictionsNone Known
NeighbourhoodTuxedo Park
List AORCalgary

Location

Sold comparables in Tuxedo Park

59 recent sales in Tuxedo Park

VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.

Sign up to see sold data

About Tuxedo Park

AI-generated summary

Tuxedo Park is a charming, established inner-city neighbourhood with a relaxed residential feel and easy access to the energy of nearby 16th Avenue. Tree-lined streets and a strong sense of community make it a quiet retreat close to the urban core.

Located just north of the Trans-Canada Highway (16th Avenue N), offering quick access across the city
Tuxedo Park Community Association actively hosts local events and maintains recreational facilities
Proximity to SAIT Polytechnic makes it popular with staff and mature students
Housing
The area features a mix of original early-20th-century bungalows and character homes alongside newer infill duplexes and townhomes.
Transit
Well-served by Calgary Transit bus routes along major corridors, with reasonable walkability to shops and services on 16th Avenue N and Centre Street.
Amenities
Residents enjoy proximity to the shops, restaurants, and cafés along 16th Avenue N and Centre Street, with Confederation Park just minutes away for green space.
Who lives here
A blend of long-time homeowners, young professionals, and families drawn to the neighbourhood's inner-city convenience and community character.
Full Tuxedo Park 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.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Tuxedo Park

Listed by: Homecare Realty Ltd. — Shane Wan, Parker Xiong.