2018 40 Street SE
2018 40 Street SE is a house in Forest Lawn, Calgary, built in 2020 on a 3,051 sq ft lot. The City of Calgary assessed it at $640,000 for 2026, +17.2% over 3 years.
$640,000
2026 assessed value · about $4,260 a year in property tax
Change in assessed value
- 3 years+17.2%
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 234 duplexes in Forest Lawn
In the top tenth of duplexes in Forest Lawn. The typical one is assessed at $409K; this one is 57% higher.
Similar homes nearby
- 2020 40 Street SE$640K · built 2020
- 2032 38 Street SE$561K · built 2017
- 2034 38 Street SE$561K · built 2017
- 2215 42 Street SE$659K · built 2023
- 2217 42 Street SE$659K · built 2023
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 $640K; this one is about the same.
Facts
- Kind of property
- House
- 2025 assessed value
- $680,000
- Year built
- 2020
- Lot size
- 3,051 sq ft
- Zoning
- 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.
Building history
- 2018 · House demolishedBuilding permit
- 2020 · Semi-detached house 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.
Legal secondary suite
On the City of Calgary's secondary suite registry: approved and inspected, Aug 2021.
Permits (7)
- Revision: semi-detached dwelling, accessory residential building (changes to DP018-2504, parking stall depth)Development permit · Aug 2021 · approved · DP2021-5730
- Secondary SuiteBuilding permit · Jan 2021 · est. $68,467 · completed · BP2021-00816
- New semi-detached house, basement development, fireplace, porchBuilding permit · Jun 2020 · est. $245,743 · 1 new home · completed · BP2020-03544
- GarageBuilding permit · Apr 2020 · est. $31,632 · completed · BP2020-03598
- Demolition (demolition)Building permit · Nov 2018 · completed · BP2018-15286
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.