Calgary · Parkhill/Stanley Park
107 40 Avenue SW
107 40 Avenue SW is a house in Parkhill/Stanley Park, Calgary, built in 2008 on a 3,124 sq ft lot. The City of Calgary assessed it at $1,010,000 for 2026, +21.5% over 3 years.
$1,010,000
2026 assessed value · about $6,720 a year in property tax
Change in assessed value
- 3 years+21.5%
- 5 years+26.9%
- 10 years+11.2%
The change in the City's assessment of the same property, to 2026. Years before the building was finished or before a jump in its value are left out.
Compared with 340 detached houses in Parkhill/Stanley Park
Valued above about 50% of detached houses in Parkhill/Stanley Park. The typical one is assessed at $1.02M; this one is about the same.
Similar homes nearby
- 125 38A Avenue SW$1.35M · built 2016
- 121 38A Avenue SW$1.35M · built 2016
- 112 38A Avenue SW$1.35M · built 2005
- 3837 Parkhill Street SW$1.00M · built 2007
- 3831 1 Street SW$1.52M · built 2012
The closest homes of the same kind, built within 8 years of this one and on a lot within 30% of its size. Their middle value is $1.35M; this one is 25% lower.
Facts
- Kind of property
- House
- 2025 assessed value
- $988,500
- Year built
- 2008
- Lot size
- 3,124 sq ft
- Zoning
- R-C2,R-CG
- City use code
- R110
Think this value is wrong?
The City of Calgary mails assessment notices each January. During the review period that follows you can ask the City's assessors to look again, and by the deadline printed on your notice you can file a complaint with the Assessment Review Board. Values of similar homes nearby, like the ones above, are the usual starting point. Details are on calgary.ca under property assessment.
Permits (4)
- Basement developmentBuilding permit · Jan 2017 · est. $24,052 · completed · BP2017-00037
- GarageBuilding permit · Oct 2008 · est. $15,424 · completed · BP2008-12469
- New house, fireplace, porchBuilding permit · Oct 2008 · est. $204,892 · 1 new home · completed · BP2008-12466
- New: contextual single detached dwellingDevelopment permit · Sep 2008 · approved · DP2008-2333
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
From the City of Calgary's open assessment data. An assessment is the City's estimate of market value on July 1, 2025, for property tax; it is not a sale price. The map also shows building permits, legal suites and homes for sale or rent.