331 Heritage Drive SE
331 Heritage Drive SE is an apartment building in Acadia, Calgary, built in 1964 on a 14,864 sq ft lot. The City of Calgary assessed it at $7,650,000 for 2026, +12.7% over 3 years.
$7,650,000
2026 assessed value · about $50,870 a year in property tax
Change in assessed value
- 3 years+12.7%
- 5 years+37.3%
- 10 years+2.8%
- 20 years+139.8%
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
- Apartment building
- 2025 assessed value
- $6,750,000
- Year built
- 1964
- Lot size
- 14,864 sq ft
- Zoning
- M-C1
- City use code
- R510
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.
Permits (2)
- Interior & Exterior AlterationBuilding permit · Feb 2006 · est. $44,000 · completed · BP2005-18500
- Home occupation - class 2Development permit · Nov 1999 · approved, expired · DP1999-3959
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along Heritage Drive SE
- 205 Heritage Drive SE$183K
- 211 Heritage Drive SE$24.74M
- 231 Heritage Drive SE$212K
- 333 Heritage Drive SE$5.35M
- 399 Heritage Drive SE$18.76M
- 551 Heritage Drive SE$341K
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.