Calgary · Downtown Commercial Core
506 4 Street SW
506 4 Street SW is a commercial property in Downtown Commercial Core, Calgary, built in 1911 on a 17,694 sq ft lot. The City of Calgary assessed it at $12,100,000 for 2026, -28.1% over 3 years.
$12,100,000
2026 assessed value
Change in assessed value
- 3 years-28.1%
- 5 years-35.8%
- 10 years-45.8%
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
- $13,390,000
- Year built
- 1911
- Lot size
- 17,694 sq ft
- Zoning
- CR20-C20/R20
- City use code
- S701
- Assessed with
- 2 parcels (the value is for all of them)
Permits (11)
- Interior alterationsBuilding permit · Sep 2026 · est. $75,000 · issued · BP2026-15225
- Fire alarm panel (Knox United Church).Building permit · Jul 2023 · est. $5,600 · completed · BP2023-10570
- Foundation RepairBuilding permit · Jun 2020 · est. $23,000 · expired · BP2020-06775
- Interior alterationsBuilding permit · Feb 2020 · est. $15,000 · completed · BP2019-09294
- Exterior Renovation - Stone MasonryBuilding permit · Jun 2019 · est. $388,500 · closed · BP2019-05170
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 4 Street SW
- 307 4 Street SW$6.40M
- 307 4 Street SW$6.40M
- 506 4 Street SW$12.10M
- 507 4 Street SW$1.75M
- 525 4 Street SW$507K
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.