Calgary · Downtown Commercial Core
407 8 Avenue SW
407 8 Avenue SW is a commercial property in Downtown Commercial Core, Calgary, built in 1966 on a 13,059 sq ft lot. The City of Calgary assessed it at $3,570,000 for 2026, -28.0% over 3 years.
$3,570,000
2026 assessed value
Change in assessed value
- 3 years-28.0%
- 5 years-44.7%
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
- $3,520,000
- Year built
- 1966
- Lot size
- 13,059 sq ft
- Zoning
- CR20-C20/R20
- City use code
- C101
Building history
- 1966 · BuiltCity assessment records
- 2001 · Bridge (+15) builtBuilding permit
- 2011 · Building builtBuilding permit
- 2012 · 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 (55)
- Commercial / multi family project (improvement)Building permit · Sep 2026 · est. $4,500,000 · in review · BP2026-18615
- Electronic exit hardware upgradeBuilding permit · Nov 2025 · est. $49,100 · completed · BP2025-18386
- DemolitionsBuilding permit · Sep 2025 · est. $160,000 · completed · BP2025-17979
- Fire alarm alterationBuilding permit · May 2022 · est. $640 · issued · BP2022-07879
- HSBC 9th Floor Localized Interior AlterationsBuilding permit · Dec 2020 · est. $500,000 · completed · BP2020-16758
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 8 Avenue SW
- 331 8 Avenue SW$247K
- 331 8 Avenue SW$247K
- 335 8 Avenue SW$31.50M
- 409 8 Avenue SW$3.78M
- 415 8 Avenue SW$77K
- 505 8 Avenue SW$2.30M
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.