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Home›Search›128 2 AV SW

128 2 AV SW

CHINATOWN

$13,390,000

Current assessed value

Property

Property Details

Building Type

Unknown

Year Built

1979

Land Size (sq ft)

18,609

Assessment Value & Trend

History of assessed value for this property

$13,390,000

Permits & Renovations

9 permits on record

DateTypeEst. costStatusDescription
Jul 17, 2024Building$136,160CompletedHong Kong Plaza - Localized Exterior Repairs
Jun 29, 2023Building$20,000Issued PermitInterior alteration
Apr 3, 2019Building$28,000CompletedFACP Repair (Replace existing FACP)
Aug 15, 2017Building$7,000CompletedFire Alarm System Repair
Jun 12, 2015Building$860,045CompletedRepair and upgarding heated ramp
Aug 14, 2014Building$172,650CompletedBowside Manor Plaza Restoration
Nov 14, 2013Building$20,698,100CompletedNew Apartment Building
Jul 21, 2011Building$26,600CompletedTemporary Recreational Tents - 1 day, 45 tents
Jan 9, 2010Building$45,000CompletedINTERIOR ALTERATIONS
Total estimated spend(9 permits)$21,993,555

Basement & Legal Suite

Is Finished

No

Is Legal Suite

No

Community context

Low Competition

There are 0 registered legal suites in CHINATOWN. Competition for basement rentals in this community is low.

With low competition in the area, legalizing a basement suite on this property could be a worthwhile investment. Renter demand may exceed available legal units.

Rental opportunity

As of Aug 3, 2026

Active rents in CHINATOWN from RentFaster. Median rents below combine all bedroom sizes for each dwelling type.

Overall

$2,099

3 listings

Median apartment

$2,099

3 listings

Proximity to Amenities

Nearest LRT

720 m

City Hall LRT Station (NB Macleod TR @ 7 AV SE)

Bus Stop 1

70 m

EB Riverfront AV @ 1 ST SW

Bus Stop 2

160 m

WB 3 AV SW @ 1 ST SW

Bus Stop 3

210 m

NB 2 ST SW @ 2 AV SW

Downtown

1.0 km

Central Memorial Park

Fitness

450 m

GYMVMT Fitness Club - Downtown Calgary

fitness

Costco

6.0 km

Costco

Costco

Grocery

1.0 km

Safeway

Safeway

Home Improvement

1.9 km

Canadian Tire

Canadian Tire

Elementary

980 m

Lady Fatima Academy

Lady Fatima Academy

Junior High

830 m

Italian School of Calgary

Centro Linguistico E Culturale Italiano Calgary

Senior High

10 m

Calgary Chinese Private School

The Calgary Chinese Public School Society

Environmental Factors

Flood zones, emergency-service noise, shelter proximity, and hail exposure for this property and its community.

Flood Hazard

Calgary 1:100 year regulatory map

Inside flood zone

regulatory flood map

Floodplain

 

Hail Hazard Risk

Historical storm exposure

Moderate

community historical rating

CHINATOWN

 

Emergency Noise

Hospitals, fire & EMS stations

450 m

to nearest zone / facility

Station 01

Fire station

Emergency Shelter

Permanent Calgary shelter sites

730 m

to nearest zone / facility

YWCA Sheriff King Home

Calgary YWCA

Proximity to emergency shelters may correlate with higher foot traffic. This is a lifestyle indicator, not a crime or safety score.

Nearby assessed values

See how this property compares to neighbours on the same block and in the wider surrounding area.

This property

$13,390,000

Lowest nearby

—

Average nearby

—

Highest nearby

—

Based on 0 residential properties within 50 m · 2026 assessment roll.

Location

Community Overview

Community Name

CHINATOWN

Total Properties

1,612

Population

2,250

Crime Rate Trend

Reported incidents in 2018–2025

52 incidents in 2025 · Crime down 10% from 2018

Income

Median income

Compared to Calgary average where available

Household

$54,400

Calgary avg: $98,000

Individual

$40,000

Calgary avg: $44,400

Male individual

$48,400

Calgary avg: $50,400

Female individual

$34,000

Calgary avg: $39,600

Housing

Owners vs renters

% of households by tenure vs Calgary

Housing affordability

% of households by shelter cost burden vs Calgary

Diversity

Immigration status

% of population by immigration status vs Calgary

Religious affiliation

% of population by religion vs Calgary

Education

Education levels

% of population aged 15+ by credential vs Calgary

Languages

Top mother tongues

First language learned at home

RankThis communityCalgary average
1Yue (Cantonese)Punjabi (Panjabi)
2MandarinTagalog (Pilipino, Filipino)
3Tagalog (Pilipino, Filipino)Yue (Cantonese)
4TamilMandarin
5SpanishSpanish

Immigration

Top countries of birth

Where immigrants in this community were born

RankThis communityCalgary average
1ChinaPhilippines
2Viet NamIndia
3Hong KongChina
4IndiaUnited Kingdom
5PhilippinesPakistan

View full community profile

See all remaining demographics, housing, transportation, and employment details for CHINATOWN.

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