718 5 Street NE

718 5 Street NE is a condominium building with 30 units in Renfrew, Calgary, built in 1998 on a 26,587 sq ft lot. The City of Calgary assessed its typical unit at $350,500 for 2026, +34.6% over 3 years.

$350,500

Typical unit, 2026 assessed value · about $2,330 a year in property tax

See it on the 3D map

Change in assessed value

3 years+34.6%
5 years+27.9%
10 years+5.8%
20 years+79.7%

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 725 low-rise condos in Renfrew

Valued above about 80% of low-rise condos in Renfrew. The typical one is assessed at $302K; this one is 16% higher.

Facts

Kind of property: Condominium building with 30 units
Whole property: $11,605,000
2025 assessed value: $349,500
Year built: 1998
Lot size: 26,587 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)

Exterior alteration (Sole Vista Condos).Building permit · Aug 2022 · est. $564,269 · completed · BP2022-10112
Sole Vista (balcony repairs - waterproof membrane replacement )Building permit · Apr 2021 · est. $346,139 · closed · BP2021-03700
30 stacked townhousesDevelopment permit · Jan 1997 · approved · DP1996-2780

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

Along 5 Street NE

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.