1115 48 Avenue SE
1115 48 Avenue SE is a commercial property in Highfield, Calgary, built in 1979 on a 150,793 sq ft lot. The City of Calgary assessed it at $12,676,500 for 2026, +18.5% over 3 years.
$12,676,500
2026 assessed value
Change in assessed value
- 3 years+18.5%
- 5 years+24.2%
- 10 years+26.2%
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.
Facts
- Kind of property
- Commercial property
- 2025 assessed value
- $11,717,500
- Year built
- 1979
- Lot size
- 150,793 sq ft
- Zoning
- I-G
- City use code
- I101
Permits (23)
- New: sign - class b (fascia sign)Development permit · Oct 2026 · approved · DP2026-04898
- New: sign - class b (fascia sign)Development permit · Aug 2026 · on hold · DP2026-04897
- Interior Alteration - WestroseBuilding permit · Dec 2025 · est. $400,000 · issued · BP2025-18286
- Racking SystemBuilding permit · Nov 2025 · est. $35,015 · completed · BP2025-20725
- Interior Alteration - OrthoticBuilding permit · Jun 2025 · est. $25,000 · completed · BP2025-07399
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 48 Avenue SE
- 911 48 Avenue SE$958K
- 941 48 Avenue SE$2.19M
- 1009 48 Avenue SE$3.77M
- 2238 48 Avenue SE$98K
- 2507 48 Avenue SE$396K
- 2527 48 Avenue SE$390K
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.