4040 7 Street SE
4040 7 Street SE is a commercial property in Highfield, Calgary, built in 1955 on a 85,118 sq ft lot. The City of Calgary assessed it at $5,000,000 for 2026, +24.1% over 3 years.
$5,000,000
2026 assessed value
Change in assessed value
- 3 years+24.1%
- 5 years+23.2%
- 10 years+38.5%
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
- $4,870,000
- Year built
- 1955
- Lot size
- 85,118 sq ft
- Zoning
- I-G
- City use code
- I104
Building history
- 1955 · BuiltCity assessment records
- 2017 · Warehouse 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 (15)
- Interior AlterationsBuilding permit · Aug 2025 · est. $10,000 · completed · BP2025-12882
- Adding wallsBuilding permit · Feb 2025 · est. $5,000 · completed · BP2025-00743
- Opening in CMU wall between baysBuilding permit · Dec 2024 · est. $95,600 · issued · BP2024-19235
- Interior alterations.Building permit · Feb 2020 · est. $30,000 · completed · BP2020-00747
- Stone Tile AdditionBuilding permit · Aug 2017 · est. $217,000 · completed · BP2017-00697
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 7 Street SE
- 4024 7 Street SE$3.09M
- 4027 7 Street SE$4.10M
- 4030 7 Street SE$2.09M
- 4041 7 Street SE$2.29M
- 9712 7 Street SE$693K
- 9804 7 Street SE$683K
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.