Chinatown, Calgary · MLS® A2352852
221
1,401 sq ft · Condo · Single Family · built 2001 · 1 day on market
listed by Matt Williams, RE/MAX Realty Professionals
With approximately $200,000 invested in renovations since purchased, this extensively updated SUB-PENTHOUSE offers nearly 1,400 square feet of living space, a size increasingly difficult to find in Calgary’s inner-city condominium market. Constructed of red brick + concrete, the building is solid and creates a quiet residential environment. The thoughtfully renovated interior features two bedrooms, two full bathrooms, engineered red oak hardwood flooring, and expansive floor-to-ceiling windows offering abundant natural light alongside panoramic downtown views. The open-concept floor plan includes a completely redesigned kitchen with custom cabinetry, quartz countertops, an induction cooktop, and contemporary hood fan. Adjoining living and dining areas provide generous space for everyday use or entertaining, complemented by a fireplace overlooking the city skyline. The primary suite features a large walk-in closet and renovated ensuite with dual vanities and a spacious shower. A second bedroom offers excellent flexibility with a custom $25,000 Italian wall bed by Ciel, allowing the room to function as guest accommodation, a home office, or additional lounge area. This versatile space also includes floor-to-ceiling windows, ample closet storage, and convenient access to another beautifully renovated bathroom featuring a bathtub and upgraded finishes. A separate laundry room provides extensive built-in cabinetry and additional storage. One of the property's most notable features is its 300-square-foot private terrace, providing substantial outdoor living space with sweeping downtown views. Additional amenities include central air conditioning, remote-controlled window blinds, a titled parking stall in a premium location within the heated parkade, and full-time concierge service. Combining generous interior proportions, extensive improvements, and exceptional outdoor space, this sub-penthouse offers the advantages of concrete construction within one of Calgary's most w alkable inner-city communities.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $3,028 · tax $399 · strata $1,204 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Rapid transit: 1 Street Southwest CTrain station, 600 m (about 9 min walk); 3 Street Southwest CTrain station, 700 m (about 10 min walk).
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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about $4,622 a year
The asking price times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $4,788 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Rapid transit: 1 Street Southwest CTrain station, 600 m (about 9 min walk); 3 Street Southwest CTrain station, 700 m (about 10 min walk).
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 66 places to eat or drink, 23 cafes, 15 parks and playgrounds, 1 pharmacy, 41 transit stops.
mihom score from OpenStreetMap places, by straight line distance.