Chinatown, Calgary · MLS® A2354132
11
358 sq ft · Condo · Single Family · built 1977 · 2 days on market
listed by Lisa Li, URBAN-REALTY.ca
Perfect for First-Time Homebuyers or Investors!Condo fees include water, heat, and electricity. Why pay rent when you can own an affordable apartment or invest in a property with rental income potential? Located in a consistently competitive rental market, this studio unit is an excellent opportunity for both homeowners and investors. Situated on the 7th floor of 5 Harvest Plaza in the heart of Chinatown, this unit features laminate flooring, a combined living and sleeping area, and a patio door leading to the balcony. The functional kitchen offers a spacious adjacent storage room, while the unit also includes a full 4-piece bathroom. Enjoy the convenience of living in a vibrant, densely populated neighbourhood surrounded by restaurants, bars, and convenience stores. Even during Calgary’s cold winter months, you can easily access downtown offices and the city centre on foot via the +15 Skywalk system. Affordable, convenient, and full of potential — an excellent opportunity to own in a sought-after downtown location!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $501 · tax $72 · strata $428 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Calgary: CMHC's average there ($1,581) 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
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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Rapid transit: 1 Street Southwest CTrain station, 400 m (about 7 min walk); Centre Street CTrain station, 500 m (about 7 min walk).
about $765 a year
The asking price times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $868 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, 400 m (about 7 min walk); Centre Street CTrain station, 500 m (about 7 min walk).
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 95 places to eat or drink, 29 cafes, 11 parks and playgrounds, 2 pharmacies, 48 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.