1818 16 Avenue NW

1818 16 Avenue NW is a commercial property in Capitol Hill, Calgary, built in 2004 on a 186,651 sq ft lot. The City of Calgary assessed it at $20,720,000 for 2026, +1.5% over 3 years.

$20,720,000

2026 assessed value

See it on the 3D map

Change in assessed value

3 years+1.5%
5 years+24.4%
10 years-4.8%

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: $22,900,000
Year built: 2004
Lot size: 186,651 sq ft
Zoning: DC
City use code: C201

Building history

2004 · Hotel/motel demolishedBuilding permit
2004 · Retail shop builtCity assessment records and building permit
2007 · Restaurant builtBuilding 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 (19)

Temporary use: retail store (garden centre)Development permit · Jun 2026 · approved · DP2026-02482
Parkade RepairsBuilding permit · Jun 2025 · est. $226,849 · completed · BP2025-11537
Exterior Alteration - Parking Height BarsBuilding permit · Feb 2025 · est. $119,525 · completed · BP2025-02197
Parking height restrictor barsBuilding permit · Mar 2023 · est. $122,239 · completed · BP2023-01447
Changes to site plan: retail store (landscape); exterior renovations: retail store (remove 7 trellises);Development permit · Jul 2022 · approved · DP2022-02000

From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.

Along 16 Avenue NW

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.