4540 16 Avenue NW
4540 16 Avenue NW is a commercial property in Montgomery, Calgary, built in 1966 on a 17,987 sq ft lot. The City of Calgary assessed it at $1,750,000 for 2026, +9.4% over 3 years.
$1,750,000
2026 assessed value
Change in assessed value
- 3 years+9.4%
- 5 years+15.9%
- 10 years-34.5%
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
- $1,690,000
- Year built
- 1966
- Lot size
- 17,987 sq ft
- Zoning
- C-COR2
- City use code
- C502
Permits (10)
- Temporary use: sign - class f (third party advertising sign -5 years)Development permit · Mar 2023 · approved · DP2023-01196
- Changes to site plan: hotel (wood patio & rafters)Development permit · Jun 2022 · approved · DP2022-03413
- Temporary use: sign - class f (third party advertising sign - 5 years)Development permit · Apr 2018 · approved · DP2018-1415
- Temporary use: hotel (wood patio and rafters) - 5 yearsDevelopment permit · Jul 2017 · approved · DP2017-2277
- Sign - class f: third party advertising sign (5 years)Development permit · May 2013 · approved, expired · DP2013-1408
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 16 Avenue NW
- 4513 16 Avenue NW$690K
- 4515 16 Avenue NW$690K
- 4517 16 Avenue NW$703K
- 4603 16 Avenue NW$1.26M
- 4608 16 Avenue NW$2.45M
- 4611 16 Avenue NW$2.05M
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.