Calgary · Downtown Commercial Core
411 1 Street SE
411 1 Street SE is a commercial property in Downtown Commercial Core, Calgary, built in 1970 on a 75,020 sq ft lot. The City of Calgary assessed it at $42,500,000 for 2026, -42.8% over 3 years.
$42,500,000
2026 assessed value
Change in assessed value
- 3 years-42.8%
- 5 years-57.8%
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
- $47,400,000
- Year built
- 1970
- Lot size
- 75,020 sq ft
- Zoning
- CR20-C20/R20
- City use code
- C101
Permits (90)
- Interior AlterationsBuilding permit · Sep 2026 · est. $70,000 · issued · BP2026-16286
- Fire AlarmBuilding permit · Mar 2025 · est. $5,800 · completed · BP2025-05160
- Pieridae EnergyInterior alterationsBuilding permit · Sep 2024 · est. $196,900 · completed · BP2024-19166
- Interior AlterationsBuilding permit · Dec 2023 · est. $205,000 · completed · BP2023-20113
- Fire Alarm alterationsBuilding permit · Jul 2023 · est. $160,000 · completed · BP2023-10426
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 1 Street SE
- 201 1 Street SE$12.24M
- 207 1 Street SE$839K
- 307 1 Street SE$4.86M
- 450 1 Street SE$5.70M
- 515 1 Street SE$1.43M
- 602 1 Street SE$32.46M
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.