40 Research Place NW
40 Research Place NW is a commercial property in Varsity, Calgary, built in 1979 on a 289,943 sq ft lot. The City of Calgary assessed it at $8,700,000 for 2026, -2.5% over 3 years.
$8,700,000
2026 assessed value
Change in assessed value
- 3 years-2.5%
- 5 years-2.1%
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
- $8,040,000
- Year built
- 1979
- Lot size
- 289,943 sq ft
- Zoning
- S-URP
- City use code
- X034
Building history
- 1979 · BuiltCity assessment records
- 2018 · 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 (11)
- Modification of a fire alarm panel.Building permit · Apr 2021 · est. $60,000 · completed · BP2021-06850
- SSE Expansion - Phase 3 - Phase C, Graduate Laboratories and OfficesBuilding permit · Apr 2018 · est. $1,175,326 · completed · BP2018-02722
- Interior Alterations Phase B - U of C EngineeringBuilding permit · Dec 2017 · est. $2,143,500 · completed · BP2017-15266
- High voltage Electrical service upgrade.Building permit · Oct 2017 · est. $955,255 · completed · BP2017-13788
- Group A2 Bus ShelterBuilding permit · May 2017 · est. $105,000 · completed · BP2017-05550
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along Research Place NW
- 20 Research Place NW$1.34M
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.