488 7 Avenue NE
488 7 Avenue NE is a condominium building with 24 units in Renfrew, Calgary, built in 2007 on a 12,754 sq ft lot. The City of Calgary assessed its typical unit at $272,250 for 2026, +7.6% over 3 years.
$272,250
Typical unit, 2026 assessed value · about $1,810 a year in property tax
Change in assessed value
- 3 years+7.6%
- 5 years+10.9%
- 10 years-21.2%
The change in the City's assessment of the same units, to 2026. Years before the building was finished or before a jump in its value are left out.
Compared with 725 low-rise condos in Renfrew
Valued above about 40% of low-rise condos in Renfrew. The typical one is assessed at $302K; this one is 10% lower.
Facts
- Kind of property
- Condominium building with 24 units
- Whole property
- $7,165,500
- 2025 assessed value
- $293,250
- Year built
- 2007
- Lot size
- 12,754 sq ft
- Zoning
- M-C2
- City use code
- R201
Think this value is wrong?
The City of Calgary mails assessment notices each January. During the review period that follows you can ask the City's assessors to look again, and by the deadline printed on your notice you can file a complaint with the Assessment Review Board. Values of similar homes nearby, like the ones above, are the usual starting point. Details are on calgary.ca under property assessment.
Building history
- 2006 · House demolishedBuilding permit
- 2007 · Apartment building builtCity assessment records and building 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 (5)
- Revision: exterior renovations (hardie board)Development permit · Sep 2013 · approved · DP2013-3691
- New Commercial BuildingBuilding permit · Aug 2006 · est. $3,000,000 · 24 new homes · completed · BP2006-09944
- Demolition (demolition)Building permit · May 2006 · completed · BP2006-03729
- Demolition (demolition)Building permit · May 2006 · completed · BP2006-03727
- Apartment building (#24 units)Development permit · Apr 2006 · approved · DP2006-0339
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along 7 Avenue NE
- 344 7 Avenue NE$561K
- 345 7 Avenue NE$1.02M
- 349 7 Avenue NE$725K
- 502 7 Avenue NE$560K
- 504 7 Avenue NE$550K
- 506 7 Avenue NE$542K
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.