103 49 Richard Way SW
Office Condo · 3 separately assessed accounts · low-rise office building · built 2004 · 103 49 Richard Way SW

103 49 Richard Way SW is an 8.5 m low-rise office building in Lincoln Park, Calgary, recorded on the City assessment roll as built in 2004. Its main structure is the 582nd tallest office roof of the 775 ranked in this record, and 5th of 5 in Lincoln Park. The City assesses the 3 accounts on the parcel at $4.7M on the 2026 roll, 387th of 822 sites in the record by assessed value. 394 scheduled transit trips call within 450 m of the parcel on a weekday. Since 2012 the City has recorded 3 building permits and 0 development permits on the parcel, the largest a $125,000 clinic permit for alteration, applied for in 2021.
- Civic address
- 103 49 Richard Way SW, Calgary, AB
- Community
- Lincoln Park (LPK)
- City sub-property use
- C121 Office Condo × 3 · all Office Condo sites
- Land use district
- DC — Direct Control (Direct Control)
- Height rank
- #582 of 785 citywide · #5 of 5 in Lincoln Park
- Footprint to parcel
- 41% of the parcel under LiDAR footprints
- Parcel pieces
- 1 titled piece · roll 200383339 and 2 more
- Coordinates
- 51.006101, -114.131956
Slav Loban and the Commercially × Real Broker team give Calgary commercial owners a confidential pricing opinion based on the public record shown on this page: assessment history, permits, land use and the surrounding market. It is a broker’s opinion of value, not a formal appraisal. You do not need to be ready to list to start the conversation.
Massing and site plan
Left: isometric massing of every LiDAR structure on the parcel, at true scale, viewed from the south-west with 3.9 m storey lines. Right: plan of the parcel with surrounding footprints, Plus 15 walkways and nearby stations. Open this building in the 3D city →
How it compares
Roof height against the Lincoln Park median and tallest, and against the city.
Access
Public-geometry tests only; confirm routes, entrances and hours with the building.
CTrain
Nearest station: Westbrook, 3.8 km straight-line (route 202).
Plus 15
Outside the Plus 15 network area.
Cycling
No mapped bikeway lies within 400 m of the parcel.
Winter access
The parcel fronts a Priority 2 snow and ice clearing route, 8 m from its edge. Priority 2 routes are cleared after the Priority 1 network.
Accessible crossing
The nearest accessible pedestrian signal is at Mount Royal Gate and Richard Road, 339 m from the parcel. The closest signalised crossing, Peacekeepers Way/Richard Way and Richard Road at 181 m, has no accessible signal recorded.
Straight-line tests against The City of Calgary Calgary Bikeways, Snow and Ice Clearing Priority Routes and Traffic Signals, retrieved 2026-09-24. Bikeways are ranked by the City's comfort level, where 1 is a protected lane and 4 a major street. Snow priority is a clearing order, not a clearing time. An accessible pedestrian signal gives audible and tactile crossing cues; a signal recorded as unknown is not counted as having none.
Transit service
Scheduled Calgary Transit service at the door, not only the distance to a platform.
394 scheduled transit trips call within 450 m of this parcel on a representative weekday, 50 of them between 07:00 and 09:00, across 6 routes and 7 stops. The closest stop is SB Lakeview DR @ La Salle CR SW, 349 m away. Nothing lies within 300 m, so this is measured at 450 m.
| Service class | Trips on the service day |
|---|---|
| REGULAR | 391 |
| SCHOOL | 3 |
Routes: 9 Dalhousie Station/Chinook Station · 13 Altadore · 20 Heritage Station/Northmount Dr N · 66 Lakeview · 699 West Springs/Various Schools · 733 Central Memorial/Lakeview.
Calgary Transit Scheduling Data (GTFS), service day 2026-09-28 inside the 2026-09-15 to 2026-12-20 service period. A trip is counted once however many stops it calls at inside the radius. Schedules change each service period; this is the schedule, not observed service.
Parking
What the City’s own tariff record says about kerbside parking beside this parcel.
No Active paid on-street parking zone lies within 200 m of this parcel in the City’s tariff dataset. That is not a statement that parking is unavailable: free, permit-only and off-street parking are not recorded in this source.
Assessment history
3 separately assessed accounts sit on this parcel (office condominium units or split accounts). 2026 assessed values range $1.2M to $2.2M, median $1.3M, total $4.7M. Assessed values are The City of Calgary’s taxation figures by roll year, not sale prices or rents; Alberta does not publish transaction prices.
Roll 200383339 (highest-assessed account on the parcel) · Office Condo
Published values by roll year
| Roll year | Assessed value | Change |
|---|---|---|
| 2005 | $855,500 | — |
| 2006 | $1.3M | 46.1% |
| 2007 | $1.5M | 20.0% |
| 2008 | $1.6M | 8.0% |
| 2009 | $1.9M | 15.4% |
| 2010 | $1.8M | -6.4% |
| 2011 | $1.8M | 0.0% |
| 2012 | $1.7M | -1.7% |
| 2013 | $1.5M | -12.8% |
| 2014 | $1.6M | 8.7% |
| 2015 | $1.9M | 13.5% |
| 2016 | $1.6M | -11.4% |
| 2017 | $1.6M | -3.0% |
| 2018 | $1.7M | 9.4% |
| 2019 | $1.8M | 4.0% |
| 2020 | $1.8M | 0.0% |
| 2021 | $1.9M | 5.0% |
| 2022 | $1.8M | -6.3% |
| 2023 | $1.8M | 1.7% |
| 2024 | $2.0M | 9.4% |
| 2025 | $2.2M | 10.6% |
| 2026 | $2.2M | 0.9% |
Development and building permits
Applications the City has located on this parcel since 2012, from the Development Permits and Building Permits datasets.
Recent development permits 0 since 2012
None located on this parcel since 2012.
Recent building permits 3 since 2012 · 0 in the City’s office class
| Applied | Permit | Class · work | Est. cost | Status |
|---|---|---|---|---|
| 2023-10-11 | BP2023-17449 | 5299 - Medical Misc. · Alteration Interior Alterations | $25,000 | Completed |
| 2021-11-25 | BP2021-20219 | 5202 - Clinic · Alteration Group D Office 3.2.2.63 | $125,000 | Completed |
| 2020-02-03 | BP2020-01276 | 5299 - Medical Misc. · Alteration Interior alterations | $25,000 | Completed |
Declared estimated project cost across all 3 non-residential building permits on the parcel since 2012: $175,000. Permit descriptions are the City’s records at retrieval; applicant and contractor names are not reproduced.
Inspections
What City inspectors recorded against the permits on this parcel.
23 inspection results are published against 3 of the 3 building permits on this parcel, from 2020-04-21 to 2024-04-24. 1 inspection used a life-safety checklist and 3 a barrier-free checklist.
What was inspected
Result of each visit
| Outcome | Inspections |
|---|---|
| Acceptable Add Inspection | 11 |
| Acceptable with Conditions | 8 |
| Acceptable | 2 |
| Not Acceptable | 2 |
Stage
| Inspection type | Count |
|---|---|
| Progress | 20 |
| Final | 3 |
The 14 most recent inspection results
| Date | Permit | Stage | Checklist | Outcome | Inspector note |
|---|---|---|---|---|---|
| 2024-04-24 | BP2023-17449 | Progress | Directives | Acceptable | File closed |
| 2022-08-25 | BP2021-20219 | Final | Directives | Acceptable | Received requested documents and submitted them to permit file. File close |
| 2022-08-03 | BP2021-20219 | Final | Directives | Not Acceptable | File complete upon receipt of documents No additional site inspection required. Email documents to SCO listed in this notice. |
| 2022-08-03 | BP2021-20219 | Final | Documents Commercial | Not Acceptable | Fire Alarm Verification and sprinkler verification required as previously requested. |
| 2022-06-13 | BP2021-20219 | Progress | Directives | Acceptable with Conditions | Plumbing permit to be completed prior to occupancy Ensure plumbing permits and or inspections are completed prior to occupancy. |
| 2022-06-13 | BP2021-20219 | Progress | General Inspection Observations | Acceptable with Conditions | Alteration Inspection Observations were: General framing completed as per submitted documentation. Site secured. Current deficiencies are as noted. |
| 2022-06-13 | BP2021-20219 | Progress | Directives | Acceptable with Conditions | Contractor to complete items, then may continue Call for final inspection when ready. |
| 2022-06-13 | BP2021-20219 | Progress | Directives | Acceptable with Conditions | Electrical permit to be completed prior to occupancy Ensure electrical permits and or inspections are completed prior to occupancy. |
| 2022-06-13 | BP2021-20219 | Progress | Field Level Hazard Assessment (FLHA) | Acceptable with Conditions | Field Level Hazard Assessment: Conditions were cool and wet. No unsafe conditions identified. Safety boots, safety glasses and vest worn. |
| 2022-06-13 | BP2021-20219 | Progress | Barrier-Free Buildings | Acceptable with Conditions | 3.8.3.15.(1),(e) Lavatories and Mirrors 1) Lavatories required by Sentence 3.8.2.8.(7) shall e) have insulated water supply and drain pipes where these pipes are exposed. At universal washroom. |
| 2022-05-20 | BP2021-20219 | Progress | Barrier-Free Buildings | Acceptable Add Inspection | 3.8.3.1 Barrier Free signage required on door (temporary signage on door at this time) |
| 2022-05-20 | BP2021-20219 | Progress | Documents Commercial | Acceptable Add Inspection | Provide previous requested documents when obtained. |
| 2022-05-20 | BP2021-20219 | Progress | PART 8 NBC 2019 AE | Acceptable Add Inspection | 8.1.2.2. Ensure that no person is exposed to undue risk during phase 2 renovations. |
| 2022-05-20 | BP2021-20219 | Progress | Directives | Acceptable Add Inspection | Contractor to complete items, then may continue Contractor may proceed to phase 2 and allow use of phase 1 washroom. |
An inspection result is a record of one visit, not a verdict on the building. 2 of these 23 results are recorded as Not Acceptable. In the City's process a Not Acceptable result is an ordinary step: the inspector lists what must change and the work is re-inspected, which is why the most common outcome across the record is Acceptable Add Inspection. Most results relate to a single tenant improvement rather than the whole building. Inspector notes are The City of Calgary's own text at retrieval, with contact details removed; applicant and contractor names are never read.
The City of Calgary Building Inspections Results, joined to building permits by permit number, retrieved 2026-09-24.
Occupiers and licensed businesses
The public record of who operates on the parcel, labelled by source.
Businesses licensed by the City on this parcel 0 as of 2026-09-24
No City of Calgary business licence is recorded at this address or inside this parcel.
Not a tenant roster. The City licenses specific business types (retail, food service, personal services, contractors, wholesalers, schools and similar). Most office occupiers such as professional firms need no municipal licence and do not appear here. Matched by civic address and by licence location inside the parcel; home-based licences are excluded.
No individuals are named. The City issues many personal-service licences to people trading under their own name. Suite numbers are never published, and where a licence reads as an individual rather than an organisation the name is withheld and only the licence category is shown. Names of sources this site does not use are omitted.
Nearby office buildings
The six nearest office building sites in the record, by straight-line distance between parcel centroids.
Where this building sits in the record
Every collection this building belongs to, from the same public data shown above.
103 49 Richard Way SW questions
Answers drawn from the record.
How tall is 103 49 Richard Way SW?
The main structure on the parcel has a LiDAR roof height of 8.5 m in The City of Calgary’s 3D building data, a storey-equivalent of about 2 at 3.9 m per storey.
When was 103 49 Richard Way SW built?
The City’s assessment roll records 2004 as the year of construction.
What is the assessed value of 103 49 Richard Way SW?
The City of Calgary assesses the 3 accounts on this parcel at $4.7M in total on the 2026 roll, 387th of 822 sites in this record. Assessed value is the City’s figure for property tax, not a sale price or an asking price.
What is 103 49 Richard Way SW zoned?
The parcel is designated DC, Direct Control, under the City of Calgary Land Use Bylaw. Under Direct Control the permitted uses are set by the site’s own bylaw rather than by a standard district. Confirm the designation and any amendments with the City before relying on it.
Which CTrain station is closest to 103 49 Richard Way SW?
Westbrook Station, 3.8 km in a straight line from the parcel centroid.
Who is in 103 49 Richard Way SW?
No City of Calgary business licence is recorded at this address or inside the parcel. Most office occupiers such as professional firms do not need a municipal licence, so the register is not a tenant roster.
Has 103 49 Richard Way SW been inspected?
The City publishes 23 inspection results against 3 permits here, between 2020-04-21 and 2024-04-24. 1 used a life-safety checklist such as fire separations, firestopping or emergency lighting. 3 used the barrier-free checklist. Each result records one visit and most relate to a single tenant improvement, so this is not a verdict on the building.
How good is transit at 103 49 Richard Way SW?
394 scheduled transit trips call within 450 m of the parcel on a representative weekday, 50 of them in the morning peak, across 6 routes. The closest stop is SB Lakeview DR @ La Salle CR SW, 349 m away. That is the published schedule for one service period, not observed service, and it counts each trip once however many stops it makes nearby.
Can staff cycle or get there in winter at 103 49 Richard Way SW?
No mapped bikeway lies within 400 m. The parcel fronts a Priority 2 snow and ice clearing route. These are straight-line tests against City layers.
Where can visitors park at 103 49 Richard Way SW?
No Active paid on-street parking zone lies within 200 m of this parcel in the City's tariff dataset. Free, permit-only and off-street parking are not recorded in that source, so this is not a statement that parking is unavailable.
Is office space available at 103 49 Richard Way SW?
This profile is built from public records and does not track availability, rents or tenancy. Submit a private requirement and current options in the building or nearby will be confirmed through Commercially.
Public record sources: Current Year Property Assessments (Parcel), Historical Property Assessments (Parcel), Assessment Subproperty Use Codes, 3D Buildings - Citywide (LiDAR roof outlines), Land Use Districts, Transit LRT Stations, Green Line Stations, Plus 15, Historic Resource (Inventory of Evaluated Historic Resources), Development Permits, Building Permits, Calgary Existing Buildings - Performance Metrics (BenchmarkYYC), Calgary Business Licenses, On-Street Parking Zones with Rates, Building Inspections Results, Residential Parking Zones, Snow and Ice Clearing Priority Routes, Traffic Signals, Calgary Bikeways — The City of Calgary, retrieved 2026-09-24. Contains information licensed under the Open Government Licence – City of Calgary. Building names, floor counts and architects, where shown, come from Wikidata (CC0). No brokerage, listing-data or commercial research source is used.
Boundary: Assessed values are the City’s assessment-roll figures for taxation and are not sale prices, asking rents, vacancy or availability; Alberta does not publish transaction prices. LiDAR heights are roof-surface elevations above the lowest ground point at the building perimeter and can differ from architectural heights. Storey equivalents are derived at 3.9 m per storey and are not floor counts. Distances are straight-line. Permit descriptions are the City’s records at retrieval and do not establish current use, tenancy or availability. Read the methodology.