All photos · 4
Fully leased stand-alone building in downtown Calgary, offering a 7% return on investment. Net rental income is $255,000. Located in the central part of the city on Centre Street and Fifth Avenue. The property has a 9,100 sq ft footprint on a lot measuring 65 ft front by 140 ft deep, with CR20-C20/R20 zoning. It has high yield potential and neighbour land assembly options. The total frontage can be extended to 115 ft along 5th Avenue. Situated across from the Bow Tower, it is an excellent holding property with current income, potential for appreciation, and development opportunities.
- Listed
- Mar 24, 2026
- Property type
- Business
- Year built
- 1950
- Parking total
- 14
Estimated monthly payment
$17,931
Down payment: $730,000 · Loan: $2,920,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
First Place Realty · Listing agent Ed Kwan
MLS®# A2295896 · Last modified 2026-09-21
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.
James Hughes, REALTOR® · CIR Realty