116–124 38 Avenue NE
116–124 38 Avenue NE is a lot with 4 homes in Highland Park, Calgary, built in 2013 on a 5,009 sq ft lot. The City of Calgary assessed its typical unit at $586,250 for 2026, +51.4% over 3 years.
$586,250
Typical unit, 2026 assessed value · about $3,900 a year in property tax
Change in assessed value
- 3 years+51.4%
- 5 years+53.9%
The change in the City's assessment of the same units, to 2026. Years before the building was finished or before a jump in its value are left out.
Compared with 48 townhouses in Highland Park
Valued above about 55% of townhouses in Highland Park. The typical one is assessed at $579K; this one is about the same.
Facts
- Kind of property
- Lot with 4 homes
- Whole property
- $2,384,500
- 2025 assessed value
- $657,000
- Year built
- 2013
- Lot size
- 5,009 sq ft
- Zoning
- M-C1
- City use code
- R401
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.
Building history
- 2011 · Triplex demolishedBuilding permit
- 2013 · Apartment building builtCity assessment records and building permit
Years built from the City's assessment rolls (2020 on), and completed permits for new buildings and demolitions (1999 on). Where they disagree, both are shown.
Permits (3)
- NewBuilding permit · Aug 2013 · est. $600,000 · 4 new homes · completed · BP2013-09680
- New: multi-residential development (1 building, 4 units)Development permit · Mar 2013 · approved · DP2012-4650
- Demolition (demolition)Building permit · Dec 2011 · completed · BP2011-11899
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.