1840 40 Street SE
1840 40 Street SE is a vacant lot in Forest Lawn, Calgary on a 6,103 sq ft lot. The City of Calgary assessed it at $434,500 for 2026, +22.4% over 3 years.
$434,500
2026 assessed value
Change in assessed value
- 3 years+22.4%
- 5 years+59.2%
- 10 years+49.6%
- 20 years+197.6%
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.
Facts
- Kind of property
- Vacant lot
- 2025 assessed value
- $457,500
- Lot size
- 6,103 sq ft
- Zoning
- M-C1
- City use code
- A006
Building history
- 1949 · BuiltCity assessment records
- 2025 · Building demolishedBuilding 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 (5)
- Demolition (demolition)Building permit · Apr 2025 · completed · BP2025-06911
- New: new: multi-residential development (2 buildings), secondary suites (4 suites), accessory residential building (bicycle storage)Development permit · Jan 2024 · on hold · DP2024-00072
- New: multi-residential development, accessory residential buildingDevelopment permit · Jun 2021 · approved, lapsed · DP2020-3166
- Residential improvement project (improvement)Building permit · Apr 2007 · est. $6,133 · completed · BP2007-04957
- AdditionBuilding permit · Sep 2000 · est. $10,072 · completed · BP2000-10458
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along 40 Street SE
- 1835 40 Street SE$1.22M
- 1836 40 Street SE$871K
- 1839 40 Street SE$456K
- 2003 40 Street SE$731K
- 2005 40 Street SE$373K
- 2006 40 Street SE$699K
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.