540 18 Avenue SW

540 18 Avenue SW is a condominium building with 45 units in Cliff Bungalow, Calgary, built in 1982 on a 23,044 sq ft lot. The City of Calgary assessed its typical unit at $319,500 for 2026, +30.1% over 3 years.

$319,500

Typical unit, 2026 assessed value · about $2,120 a year in property tax

See it on the 3D map

Change in assessed value

3 years+30.1%
5 years+33.0%
10 years+1.0%
20 years+92.0%

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 346 low-rise condos in Cliff Bungalow

Valued above about 55% of low-rise condos in Cliff Bungalow. The typical one is assessed at $312K; this one is about the same.

Facts

Kind of property: Condominium building with 45 units
Whole property: $14,433,500
2025 assessed value: $331,000
Year built: 1982
Lot size: 23,044 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.

Permits (3)

Fire Alarm Repair - New FACPBuilding permit · Jan 2020 · est. $5,500 · completed · BP2020-00733
Unit #102 Renovation at Cambridge SquareBuilding permit · Dec 2017 · est. $500 · completed · BP2017-16599
Exterior Repair - Group C - Cambridge Square NorthBuilding permit · Jun 2017 · est. $590,000 · completed · BP2017-04709

From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.

Along 18 Avenue SW

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.