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Home Communities Downtown 115 Fifth Avenue W
$2,500,000 Active
115 Fifth Avenue W · Cochrane · T4C 1B1
bd ba 3,562 sqft $702/sqft Built 2012
MLS® A2299220 · Listed Apr 9, 2026
Listed by RE/MAX Realty Professionals — Richard Chau, Jamie Tang
By the numbers

How this listing measures up

$/sqft $702
vs Downtown median +560% community avg $379K
Sqft per bedroom
Year built 2012
Annual taxes $10,004 2025
Downtown avg DOM 36d
$/sqft distribution

Where this listing sits in Downtown

Of 33 active residential listings in Downtown, this property at $702/sqft sits in the $700–750 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 · $702
Other active listings This listing's price range This listing

About this property

Rare opportunity to own a well-established live-work-invest property in Cochrane, with land, building, and business all included. Thai Ozon Restaurant features a fully operating 42-seat dining area plus patio seating, offering authentic Thai cuisine and vegetarian selections that appeal to a wide range of customers and dietary preferences. The upper level showcases a spacious and beautifully finished residence with laminate flooring throughout, 4 bedrooms, and 3 bathrooms. The gourmet kitchen is designed for both style and function, featuring stainless steel appliances, a corner pantry, and a large kitchen island. The spacious primary bedroom includes a walk-in closet and private 4-piece ensuite, while the bright living room opens onto a balcony. The basement, with its own separate entrance, offers a 2-bedroom illegal suite with a full 4-piece bathroom, kitchen, storage area, and utility room. Notable upgrades include in-floor heating in the basement, a durable metal roof, and spray foam insulation throughout the entire building. This exceptional property offers the rare chance to live, work, and invest all in one location, with added potential for additional income. Own your business, own your building, and stop paying expensive retail rent. Call today to explore this exciting opportunity.

Property details

InclusionsN/A
Lot size6500.00 sqft
Lot featuresBack Lane,Corner Lot,Landscaped,Level,Low Maintenance Landscape,Near Shopping Center,Paved
Year built2012
Construction materialsConcrete
RoofMetal
Parking total12
Annual taxes$10,004
Tax year2025
Possession60 Days / Neg
ZoningC-HD
TitleFee Simple
RestrictionsNone Known
NeighbourhoodDowntown
List AORCalgary

Location

Sold comparables 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.

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Listed by: RE/MAX Realty Professionals — Richard Chau, Jamie Tang.