Calgary · Downtown Commercial Core
450 1 Street SE
450 1 Street SE is a commercial property in Downtown Commercial Core, Calgary, built in 1973 on a 16,771 sq ft lot. The City of Calgary assessed it at $5,700,000 for 2026, -13.0% over 3 years.
$5,700,000
2026 assessed value
Change in assessed value
- 3 years-13.0%
- 5 years-3.4%
- 10 years-47.1%
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
- $6,290,000
- Year built
- 1973
- Lot size
- 16,771 sq ft
- Zoning
- CR20-C20/R20
- City use code
- S508
Permits (6)
- Plus 15 plaza redevelopmentBuilding permit · Aug 2015 · est. $1,800,000 · completed · BP2015-08919
- Exterior renovations: protective and emergency service, hotel (green roof renovation)Development permit · May 2015 · approved · DP2015-0773
- Commercial / multi family project (improvement)Building permit · Dec 2014 · est. $250,000 · completed · BP2014-17878
- Interior renoBuilding permit · Oct 2012 · est. $350,000 · completed · BP2012-13692
- Fire Alarm UpgradeBuilding permit · Mar 2010 · est. $11,000 · completed · BP2010-01744
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
- 207 1 Street SE$839K
- 307 1 Street SE$4.86M
- 411 1 Street SE$42.50M
- 515 1 Street SE$1.43M
- 602 1 Street SE$32.46M
- 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.