Calgary · Downtown Commercial Core
120 4 Avenue SW
120 4 Avenue SW is a commercial property in Downtown Commercial Core, Calgary, built in 1982 on a 16,638 sq ft lot. The City of Calgary assessed it at $56,210,000 for 2026, -15.4% over 3 years.
$56,210,000
2026 assessed value
Change in assessed value
- 3 years-15.4%
- 5 years-22.0%
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
- $61,200,000
- Year built
- 1982
- Lot size
- 16,638 sq ft
- Zoning
- CR20-C20/R20
- City use code
- C101
- Assessed with
- 6 parcels (the value is for all of them)
Permits (100)
- Leasehold improvements - Interior WhiteboxBuilding permit · Apr 2026 · est. $180,000 · completed · BP2026-03556
- Parking Garage RepairBuilding permit · Aug 2025 · est. $120,750 · issued · BP2025-14544
- Commercial / multi family project (improvement)Building permit · May 2025 · est. $250,000 · in review · BP2025-09157
- Office renovationBuilding permit · Nov 2024 · est. $1,300,000 · completed · BP2024-22403
- Leasehold ImprovementsBuilding permit · Feb 2024 · est. $8,300 · completed · BP2023-21894
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 4 Avenue SW
- 120 4 Avenue SW$56.21M
- 120 4 Avenue SW$56.21M
- 120 4 Avenue SW$56.21M
- 120 4 Avenue SW$56.21M
- 140 4 Avenue SW$88.00M
- 202 4 Avenue SW$12.60M
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.