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Hong Kong Plaza

128 2 Av Se, Calgary, AB T2G 5J5

Hong Kong Plaza, at 128 2 Av Se, is a condo building in the Chinatown area of Calgary, Alberta. It was built in 1990, has 57 residential units and stands 9 storeys tall.

Chinatown
Year Built
1990
Units
57
Floors
9
Building Type
Mid-rise apartment

Market Overview

Avg Sold Price
$238,500
Median Sold
$226,000
Price Range
$212,000 – $290,000
Avg $/SqFt
$286.561
Sales (2yr)
4
Active Listings
1
Avg List Price
$299,900
Avg Days on Market
99.25

Last sale: Apr 28, 2026

Condo Fees

Avg Monthly Fee
$724.074
Median Fee
$836.45
Avg $/SqFt
$0.775
Units w/ Fee Data
5
Fee IncludesHeat, Water

2026 Assessment

Avg Assessed
$230,100
Min Assessed
$179,500
Max Assessed
$343,500

Building Features

ExteriorBrick,Concrete
AmenitiesElevator(s), snow removal, trash collection, Bow River and downtown views.
Parking/Storage Titles42
Building TypeMid-rise apartment
Floors9 storeys
Year Built1990

Policies

Pet PolicyPet restrictions in place.
Rental PolicyShort-term rentals (Airbnb) not allowed.

Known Issues & Notes

Known Issues (news/court)

[lawsuit_or_court - owner vs board dispute / oppression] A commercial unit owner challenged the Board's reinterpretation of bylaw 44 allocating common expenses disproportionately to commercial units, raising annual contributions from about $70,979 to $72,873. The court found the Board misinterpreted the bylaws, acted oppressively, and ordered recalculation, overpayment credits, and removal/barring of certain directors. (2015-06-01)

Source

Special Assessment Notes

Modern elevators, new hallway makeup air system, new hot water tank, and initial parkade repairs completed or underway.

Repairs/Projects

Recent building upgrades include modernized elevators, new hallway makeup air system, new hot water tank, and initial parkade repairs.

About This Building

Hong Kong Plaza is a nine-storey mid-rise apartment building located at 128 2 Avenue SE in Calgary's Chinatown, built in 1990. The 57-unit complex features off-street parking and is situated near the Bow River with views of the downtown skyline and river valley. Recent sales have averaged around $238,000, with monthly condo fees averaging roughly $724. The building has undergone recent upgrades including modernized elevators, a new makeup air system, and hot water tank replacement. Prospective buyers should engage a condo professional to review the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation before proceeding.

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