1246 40 Avenue NW
1246 40 Avenue NW is a house in Highwood, Calgary, built in 1965 on a 3,341 sq ft lot. The City of Calgary assessed it at $405,000 for 2026, +23.3% over 3 years.
$405,000
2026 assessed value · about $2,690 a year in property tax
Change in assessed value
- 3 years+23.3%
- 5 years+44.6%
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 74 duplexes in Highwood
Valued above about 20% of duplexes in Highwood. The typical one is assessed at $509K; this one is 20% lower.
Similar homes nearby
- 1248 40 Avenue NW$397K · built 1965
- 161 Holland Street NW$453K · built 1965
- 159 Holland Street NW$356K · built 1965
- 157 Holland Street NW$385K · built 1965
- 155 Holland Street NW$385K · built 1965
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 $385K; this one is 5% higher.
Facts
- Kind of property
- House
- 2025 assessed value
- $408,000
- Year built
- 1965
- Lot size
- 3,341 sq ft
- Zoning
- R-C2,R-CG
- City use code
- R120
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 (6)
- Temporary use: home occupation - class 2 (hair stylist - 5 years)Development permit · Dec 2025 · approved · DP2025-06817
- Temporary use: home occupation - class 2 (hair stylist - 5 years)Development permit · Feb 2021 · approved · DP2021-0650
- Temporary use: home occupation - class 2 (hair stylist - 5 years)Development permit · Apr 2016 · approved · DP2016-0977
- Home occupation - class 2: hair stylist (5 years)Development permit · Jul 2011 · approved, expired · DP2011-2206
- Home occupation - class 2: hair stylist (3 years)Development permit · Jul 2008 · approved, expired · DP2008-2050
From the City of Calgary's open data, up to Oct 2026. The map lists every one. 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.