2540 5 Avenue NW
2540 5 Avenue NW is a commercial property in West Hillhurst, Calgary, built in 1966 on a 21,048 sq ft lot. The City of Calgary assessed it at $4,070,000 for 2026, +10.9% over 3 years.
$4,070,000
2026 assessed value
Change in assessed value
- 3 years+10.9%
- 5 years+29.6%
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
- Commercial property
- 2025 assessed value
- $3,850,000
- Year built
- 1966
- Lot size
- 21,048 sq ft
- Zoning
- C-COR2
- City use code
- C102
Building history
- 1966 · BuiltCity assessment records
- 2006 · Restaurant/drinking establishment 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 (13)
- New: sign - class c (freestanding sign)Development permit · Apr 2019 · approved · DP2019-1118
- Commercial / multi family project (improvement)Building permit · Aug 2018 · est. $960,000 · completed · BP2018-08754
- Changes to site plan: health services laboratory - with clients (widening handicap stalls to conform, new dust collector, bike racks, wheelchair ramps & curbcut…Development permit · Jul 2018 · approved · DP2018-2790
- Change of use: health services laboratory - with clientsDevelopment permit · Jun 2018 · approved · DP2018-2862
- Change of use: medical clinicDevelopment permit · Jan 2015 · approved · DP2014-6000
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 5 Avenue NW
- 2517 5 Avenue NW$5.88M
- 2535 5 Avenue NW$679K
- 2539 5 Avenue NW$1.17M
- 2603 5 Avenue NW$1.21M
- 2604 5 Avenue NW$949K
- 2608 5 Avenue NW$913K
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.