Calgary · Downtown Commercial Core
540 5 Avenue SW
540 5 Avenue SW is a commercial property in Downtown Commercial Core, Calgary, built in 1970 on a 21,035 sq ft lot. The City of Calgary assessed it at $14,500,000 for 2026, +64.2% over 3 years.
$14,500,000
2026 assessed value
Change in assessed value
- 3 years+64.2%
- 5 years+5.8%
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
- $13,600,000
- Year built
- 1970
- Lot size
- 21,035 sq ft
- Zoning
- CR20-C20/R20
- City use code
- C101
Permits (55)
- Interior alterations - Bow River LawBuilding permit · Sep 2026 · est. $25,000 · issued · BP2026-15666
- Interior Alterations - OfficeBuilding permit · Jun 2026 · est. $17,000 · completed · BP2026-05403
- Leasehold improvement - Demisng wallBuilding permit · Jul 2025 · est. $20,000 · completed · BP2025-13365
- Office Exterior AlterationBuilding permit · Dec 2024 · est. $15,000 · completed · BP2024-24390
- Aquitaine TowerBuilding permit · Aug 2024 · est. $160,000 · completed · BP2024-15927
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 5 Avenue SW
- 517 5 Avenue SW$1.29M
- 520 5 Avenue SW$12.13M
- 525 5 Avenue SW$54.47M
- 605 5 Avenue SW$34.70M
- 618 5 Avenue SW$69.20M
- 622 5 Avenue SW$2.34M
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.