240 2 Avenue SW
240 2 Avenue SW is a commercial property in Chinatown, Calgary on a 27,996 sq ft lot. The City of Calgary assessed it at $5,390,000 for 2026, -21.3% over 3 years.
$5,390,000
2026 assessed value
Change in assessed value
- 3 years-21.3%
- 5 years-29.9%
- 10 years-40.8%
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
- $5,870,000
- Lot size
- 27,996 sq ft
- Zoning
- DC
- City use code
- A010
Permits (7)
- Special Event Tents PermitBuilding permit · Sep 2025 · est. $10,000 · completed · BP2025-16308
- Chinatown Lantern festivalBuilding permit · Aug 2024 · est. $10,000 · completed · BP2024-17324
- Special Function - Multi Cultural EventBuilding permit · Aug 2016 · est. $19,000 · completed · BP2016-09704
- Temporary surface parking lotDevelopment permit · Mar 2008 · approved, expired · DP2007-4210
- Temporary surface parking lot (previous DP1997-1710)Development permit · Sep 2004 · approved, expired · DP2004-1485
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 2 Avenue SW
- 215 2 Avenue SW$130K
- 216 2 Avenue SW$4.85M
- 225 2 Avenue SW$544K
- 342 2 Avenue SW$7.31M
- 382 2 Avenue SW$2.69M
- 404 2 Avenue SW$5.53M
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.