Calgary · Downtown Commercial Core
640 5 Avenue SW
640 5 Avenue SW is an apartment building in Downtown Commercial Core, Calgary, built in 1979 on a 23,765 sq ft lot. The City of Calgary assessed it at $16,500,000 for 2026.
$16,500,000
2026 assessed value
Facts
- Kind of property
- Apartment building
- 2025 assessed value
- $15,200,000
- Year built
- 1979
- Lot size
- 23,765 sq ft
- Zoning
- CR20-C20/R20
- City use code
- X061
Building history
- 1979 · BuiltCity assessment records
- 2004 · Bridge (+15) builtBuilding 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 (60)
- Downtown office to residential conversionBuilding permit · Jun 2026 · est. $46,134,762 · issued · BP2025-15788
- RioBuilding permit · Mar 2026 · est. $200,000 · completed · BP2025-23058
- Addition: retail and consumer service (west elevation); changes to site plan: outdoor cafe (west elevation)Development permit · Feb 2026 · in review · DP2026-00737
- Interior demolitionBuilding permit · Aug 2025 · est. $200,000 · completed · BP2025-14700
- Commercial / multi family project (improvement)Building permit · Apr 2025 · est. $400,000 · in review · BP2025-06967
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
- 618 5 Avenue SW$69.20M
- 622 5 Avenue SW$2.34M
- 639 5 Avenue SW$18.75M
- 715 5 Avenue SW$34.20M
- 805 5 Avenue SW$8.30M
- 805 5 Avenue SW$8.30M
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.