Calgary · Downtown Commercial Core
640 7 Avenue SW
640 7 Avenue SW is a commercial property in Downtown Commercial Core, Calgary on a 11,128 sq ft lot. The City of Calgary assessed it at $2,380,000 for 2026, -43.5% over 3 years.
$2,380,000
2026 assessed value
Change in assessed value
- 3 years-43.5%
- 5 years-57.4%
- 10 years-66.7%
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
- $2,990,000
- Lot size
- 11,128 sq ft
- Zoning
- CR20-C20/R20
- City use code
- A006
Permits (6)
- Baker Hughes Stampede BreakfastBuilding permit · Jun 2014 · est. $8,230 · completed · BP2014-07614
- Special function class 1Building permit · May 2013 · est. $8,230 · completed · BP2013-05803
- Breakfast/lunch tentBuilding permit · Apr 2012 · est. $7,900 · completed · BP2012-02968
- Special Function Tent (7days, 1 tent )Building permit · Jul 2011 · est. $3,150 · completed · BP2011-03326
- Temporary use: restaurant-licensed (3 temporary structures) - 7 daysDevelopment permit · Jun 2011 · approved, expired · DP2011-1937
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 7 Avenue SW
- 495 7 Avenue SW$3.69M
- 535 7 Avenue SW$2.79M
- 620 7 Avenue SW$10.10M
- 645 7 Avenue SW$22.30M
- 645 7 Avenue SW$22.30M
- 706 7 Avenue SW$20.52M
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.