Calgary · Greenview Industrial Park
216 40 Avenue NE
216 40 Avenue NE is a commercial property in Greenview Industrial Park, Calgary, built in 1968 on a 18,573 sq ft lot. The City of Calgary assessed it at $2,420,000 for 2026, +42.4% over 3 years.
$2,420,000
2026 assessed value
Change in assessed value
- 3 years+42.4%
- 5 years+39.1%
- 10 years+83.3%
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
- $1,900,000
- Year built
- 1968
- Lot size
- 18,573 sq ft
- Zoning
- I-R
- City use code
- I102
Permits (2)
- Commercial / multi family project (improvement)Building permit · Apr 2026 · est. $11,760 · in review · BP2026-06573
- Home Garden Business Ltd.Building permit · Feb 2025 · est. $327 · refused · BP2025-01925
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along 40 Avenue NE
- 203 40 Avenue NE$734K
- 204 40 Avenue NE$1.86M
- 209 40 Avenue NE$1.27M
- 219 40 Avenue NE$1.61M
- 220 40 Avenue NE$1.38M
- 224 40 Avenue NE$1.95M
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.