Calgary · Downtown East Village
401 7 Avenue SE
401 7 Avenue SE is a commercial property in Downtown East Village, Calgary on a 22,021 sq ft lot. The City of Calgary assessed it at $3,080,000 for 2026, -42.8% over 3 years.
$3,080,000
2026 assessed value
Change in assessed value
- 3 years-42.8%
- 5 years-39.7%
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
- $4,070,000
- Lot size
- 22,021 sq ft
- Zoning
- CC-ET
- City use code
- S103
Permits (3)
- Change of use: retail and consumer service, restaurant: food service onlyDevelopment permit · Mar 2023 · approved · DP2023-01762
- LRT Encapsulation Tunnel - New Central LibraryBuilding permit · Jul 2014 · est. $9,592,000 · completed · BP2014-09078
- Temporary surface parking lot and related signage - 5 yrs. (previous DP1991-0677)Development permit · Apr 2008 · approved, expired · DP2008-0686
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along 7 Avenue SE
- 218 7 Avenue SE$5.16M
- 218 7 Avenue SE$1.32M
- 220 7 Avenue SE$68K
- 415 7 Avenue SE$2.57M
- 416 7 Avenue SE$1.18M
- 504 7 Avenue SE$467K
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.