3506 118 Avenue SE
3506 118 Avenue SE is a commercial property in Shepard Industrial, Calgary, built in 2005 on a 98,225 sq ft lot. The City of Calgary assessed it at $7,280,000 for 2026, +31.9% over 3 years.
$7,280,000
2026 assessed value
Change in assessed value
- 3 years+31.9%
- 5 years+23.8%
- 10 years+33.3%
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
- $6,630,000
- Year built
- 2005
- Lot size
- 98,225 sq ft
- Zoning
- I-G
- City use code
- I103
Permits (16)
- New: sign - class b (fascia sign)Development permit · Sep 2026 · approved · DP2026-05078
- Commercial / multi family project (improvement)Building permit · Dec 2024 · est. $51,000 · refused · BP2024-25770
- Warehouse Interior AlterationBuilding permit · Nov 2024 · est. $250,000 · completed · BP2024-23200
- New: sign - class b (fascia sign)Development permit · May 2016 · approved · DP2016-1942
- New F2/E tenant with 2 level racking system andBuilding permit · May 2016 · est. $145,000 · completed · BP2016-03126
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 118 Avenue SE
- 3170 118 Avenue SE$3.99M
- 3200 118 Avenue SE$8.99M
- 3220 118 Avenue SE$8.19M
- 3582 118 Avenue SE$5.58M
- 4141 118 Avenue SE$10.35M
- 4200 118 Avenue SE$4.20M
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.