Calgary · Downtown Commercial Core
316 5 Avenue SW
316 5 Avenue SW is a commercial property in Downtown Commercial Core, Calgary, built in 1978 on a 6,644 sq ft lot. The City of Calgary assessed it at $21,200,000 for 2026, -45.2% over 3 years.
$21,200,000
2026 assessed value
Change in assessed value
- 3 years-45.2%
- 5 years-52.9%
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
- $23,350,000
- Year built
- 1978
- Lot size
- 6,644 sq ft
- Zoning
- CR20-C20/R20
- City use code
- C101
- Assessed with
- 4 parcels (the value is for all of them)
Permits (18)
- Interior AlterationBuilding permit · Jul 2026 · est. $96,718 · issued · BP2026-11009
- Interior Alteration - OfficeBuilding permit · May 2026 · est. $634,087 · completed · BP2026-07640
- Leasehold improvements - white boxBuilding permit · Apr 2026 · est. $250,000 · completed · BP2026-04241
- Exterior AlterationsBuilding permit · Apr 2026 · est. $67,000 · completed · BP2026-04268
- Interior AlterationsBuilding permit · Sep 2023 · est. $2,400,000 · completed · BP2023-13728
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 SW
- 120 5 Avenue SW$244.00M
- 120 5 Avenue SW$244.00M
- 316 5 Avenue SW$21.20M
- 316 5 Avenue SW$21.20M
- 316 5 Avenue SW$21.20M
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.