240 Lincoln Way SW
240 Lincoln Way SW is a residential building in Lincoln Park, Calgary, built in 1982 on a 50,508 sq ft lot. The City of Calgary assessed it at $19,720,000 for 2026, +20.4% over 3 years.
$19,720,000
2026 assessed value · about $131,140 a year in property tax
Change in assessed value
- 3 years+20.4%
- 5 years+18.6%
- 10 years+54.3%
- 20 years+197.4%
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
- Residential building
- 2025 assessed value
- $19,400,000
- Year built
- 1982
- Lot size
- 50,508 sq ft
- Zoning
- S-CI
- City use code
- R940
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
- 1982 · BuiltCity assessment records
- 2002 · Building 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 (4)
- Exterior cladding repairsBuilding permit · Jul 2026 · est. $293,877 · issued · BP2026-09099
- Fire alarm system replacementBuilding permit · Mar 2026 · est. $650,000 · issued · BP2025-23132
- Commercial / multi family project (new)Building permit · Aug 2025 · est. $260,000 · in review · BP2025-15513
- New Shed and AntennaBuilding permit · Oct 2001 · est. $50,000 · completed · BP2001-11896
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along Lincoln Way SW
- 80 Lincoln Way SW$61K
- 95 Lincoln Way SW$124K
- 200 Lincoln Way SW$312K
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.