401 33 Street NE
401 33 Street NE is a commercial property in Franklin, Calgary, built in 1974 on a 489,953 sq ft lot. The City of Calgary assessed it at $13,480,000 for 2026, -11.5% over 3 years.
$13,480,000
2026 assessed value
Change in assessed value
- 3 years-11.5%
- 5 years-7.3%
- 10 years-13.3%
- 20 years+31.0%
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
- $12,510,000
- Year built
- 1974
- Lot size
- 489,953 sq ft
- Zoning
- I-C
- City use code
- I103
Permits (61)
- Revision: restaurant: licensed (mezzanine - 2ND floor)Development permit · Sep 2026 · in review · DP2026-05320
- New: sign - class b (fascia sign)Development permit · Dec 2024 · approved · DP2024-08326
- Interior alterationsBuilding permit · Jun 2024 · est. $404,000 · completed · BP2024-09745
- Installation of Pallet RackingBuilding permit · Nov 2023 · est. $95,686 · completed · BP2023-14155
- Change of use: restaurant: licensedDevelopment permit · Dec 2022 · approved · DP2022-08087
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 33 Street NE
- 229 33 Street NE$36.75M
- 700 33 Street NE$7.50M
- 727 33 Street NE$7.79M
- 915 33 Street NE$2.58M
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.