4940 39 Avenue SW
4940 39 Avenue SW is a condominium building with 86 units in Glenbrook, Calgary, built in 1976 on a 243,619 sq ft lot. The City of Calgary assessed its typical unit at $365,500 for 2026, +56.2% over 3 years.
$365,500
Typical unit, 2026 assessed value · about $2,430 a year in property tax
Change in assessed value
- 3 years+56.2%
- 5 years+68.3%
- 10 years+18.3%
- 20 years+131.8%
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 588 townhouses in Glenbrook
Valued above about 75% of townhouses in Glenbrook. The typical one is assessed at $311K; this one is 18% higher.
Facts
- Kind of property
- Condominium building with 86 units
- Whole property
- $29,841,500
- 2025 assessed value
- $343,250
- Year built
- 1976
- Lot size
- 243,619 sq ft
- Zoning
- M-C1
- City use code
- R402
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.
Permits (7)
- Basement developmentBuilding permit · Mar 2022 · est. $24,617 · expired · BP2022-01627
- Basement developmentBuilding permit · Oct 2009 · est. $10,879 · completed · BP2009-12393
- Basement developmentBuilding permit · Apr 2004 · est. $736 · completed · BP2004-03764
- Residential improvement project (improvement)Building permit · May 2001 · est. $600 · completed · BP2001-05852
- Basement developmentBuilding permit · May 2000 · est. $677 · completed · BP2000-05687
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 39 Avenue SW
- 1807 39 Avenue SW$693K
- 1853 39 Avenue SW$1.77M
- 4821 39 Avenue SW$141K
- 5012 39 Avenue SW$875K
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.