124 42 Ave SW
Small Office · low-rise office building · built 1991 · 124 42 Ave SW
124 42 Ave SW is an 11.4 m low-rise office building in Parkhill/Stanley Park, Calgary, recorded on the City assessment roll as built in 1991. Its main structure is the 464th tallest office roof of the 775 ranked in this record, and 1st of 1 in Parkhill/Stanley Park. The City assesses the parcel at $2.5M on the 2026 roll, 568th of 822 sites in the record by assessed value. The nearest CTrain platform is 39 Avenue, 305 m away in a straight line. 119 scheduled transit trips call within 300 m of the parcel on a weekday. Since 2012 the City has recorded 3 building permits and 1 development permit on the parcel, the largest a $65,000 medical misc. permit for alteration, applied for in 2025.
- Civic address
- 124 42 Ave SW, Calgary, AB
- Community
- Parkhill/Stanley Park (PKH)
- City sub-property use
- C102 Small Office · all Small Office sites
- Land use district
- C-COR2 — Commercial - Corridor 2 (Commercial)
- Height rank
- #464 of 785 citywide · #1 of 1 in Parkhill/Stanley Park
- Footprint to parcel
- 24% of the parcel under LiDAR footprints
- Parcel pieces
- 1 titled piece · roll 090091356
- Coordinates
- 51.016468, -114.065387
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 Parkhill/Stanley Park median and tallest, and against the city.
Access
Public-geometry tests only; confirm routes, entrances and hours with the building.
CTrain
Nearest station: 39 Avenue, 305 m straight-line (route 201).
Plus 15
Outside the Plus 15 network area.
Cycling
The best-rated cycling facility within 400 m of the parcel is a community street (Neighbourhood Greenway), 97 m away.
Winter access
The parcel fronts a Priority 2 snow and ice clearing route, 10 m from its edge. Priority 2 routes are cleared after the Priority 1 network.
Accessible crossing
The nearest accessible pedestrian signal is at 42 Avenue and Macleod Trail, 89 m from the parcel.
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.
119 scheduled transit trips call within 300 m of this parcel on a representative weekday, 16 of them between 07:00 and 09:00, across 3 routes and 3 stops. The closest stop is NB Macleod TR @ 42 AV SE, 100 m away.
| Service class | Trips on the service day |
|---|---|
| REGULAR | 119 |
Routes: 10 City Hall/Southcentre · 15 Deerfoot Meadows · 147 Starfield Industrial.
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
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 090091356 · Small Office
Published values by roll year
| Roll year | Assessed value | Change |
|---|---|---|
| 2005 | $810,500 | — |
| 2006 | $927,000 | 14.4% |
| 2007 | $1.3M | 39.2% |
| 2008 | $1.3M | -1.6% |
| 2009 | $1.6M | 24.4% |
| 2010 | $1.3M | -20.9% |
| 2011 | $907,500 | -27.4% |
| 2012 | $927,000 | 2.1% |
| 2013 | $1.2M | 27.3% |
| 2014 | $1.5M | 27.1% |
| 2015 | $1.5M | 2.0% |
| 2016 | $1.6M | 3.9% |
| 2017 | $1.6M | 1.9% |
| 2018 | $1.7M | 5.6% |
| 2019 | $2.6M | 52.6% |
| 2020 | $2.0M | -23.8% |
| 2021 | $1.9M | -6.5% |
| 2022 | $1.7M | -8.6% |
| 2023 | $1.8M | 7.6% |
| 2024 | $1.8M | 0.0% |
| 2025 | $1.5M | -16.4% |
| 2026 | $2.5M | 64.7% |
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 1 since 2012
| Applied | Permit | Category · description | Status |
|---|---|---|---|
| 2019-04-17 | DP2019-1860 | Signs - Permitted Use NEW: SIGN - CLASS B (FASCIA SIGN) | Released Approval |
Recent building permits 3 since 2012 · 0 in the City’s office class
| Applied | Permit | Class · work | Est. cost | Status |
|---|---|---|---|---|
| 2025-10-20 | BP2025-20443 | 5299 - Medical Misc. · Alteration Interior Alterations | $65,000 | Completed |
| 2019-02-28 | BP2019-02058 | 3106 - Retail Shop · Alteration Interior Alterations - New Tenant | $60,000 | Completed |
| 2018-06-19 | BP2018-07830 | 5299 - Medical Misc. · Alteration | $2,500 | Completed |
Declared estimated project cost across all 3 non-residential building permits on the parcel since 2012: $127,500. 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.
5 inspection results are published against 2 of the 3 building permits on this parcel, from 2018-07-16 to 2026-03-16.
What was inspected
Result of each visit
| Outcome | Inspections |
|---|---|
| Acceptable | 3 |
| Not Acceptable | 2 |
Stage
| Inspection type | Count |
|---|---|
| Progress | 3 |
| Final | 2 |
The 5 most recent inspection results
| Date | Permit | Stage | Checklist | Outcome | Inspector note |
|---|---|---|---|---|---|
| 2026-03-16 | BP2025-20443 | Progress | All Directives | Acceptable | No deficiencies noted. No further building inspections are required. |
| 2026-03-16 | BP2025-20443 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2026-03-13 | BP2025-20443 | Progress | NBC AE 3.8. Accessibility | Not Acceptable | NBC AE Division B 3.8.3.13. Universal Washrooms shall be equipped with: - a sign to indicate it is an accessible washroom. - a coat hook mounted not more than 1200 mm above the floor on a side wall. - an L-shaped grab bar mounted on the side wall closest to the water closet, with horizontal and vertical components not |
| 2026-03-13 | BP2025-20443 | Progress | All Directives | Not Acceptable | Correct noted deficiencies and recall building inspection. Per previous inspectors report, ensure ceiling tiles are removed where required. |
| 2018-07-16 | BP2018-07830 | Final | General | Acceptable | Acceptable, no further inspections required. |
An inspection result is a record of one visit, not a verdict on the building. 2 of these 5 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 1 as of 2026-09-24
| Licensed business | Address | Licence type | Status | Licensed since |
|---|---|---|---|---|
| Parkhill Pharmacy And Compounding Centre | 124 42 Ave SW | Food Service - Premises, Retail Dealer - Premises | Licensed | 2026 |
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.
124 42 Ave SW questions
Answers drawn from the record.
How tall is 124 42 Ave SW?
The main structure on the parcel has a LiDAR roof height of 11.4 m in The City of Calgary’s 3D building data, a storey-equivalent of about 3 at 3.9 m per storey.
When was 124 42 Ave SW built?
The City’s assessment roll records 1991 as the year of construction.
What is the assessed value of 124 42 Ave SW?
The City of Calgary assesses this parcel at $2.5M in total on the 2026 roll, 568th 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 124 42 Ave SW zoned?
The parcel is designated C-COR2, Commercial - Corridor 2, under the City of Calgary Land Use Bylaw. Confirm the designation and any amendments with the City before relying on it.
Which CTrain station is closest to 124 42 Ave SW?
39 Avenue Station, 305 m in a straight line from the parcel centroid.
Who is in 124 42 Ave SW?
The City of Calgary business licence register lists 1 licensed business at this address or inside the parcel as of 2026-09-24, shown in the occupiers section. Most office occupiers such as professional firms do not need a municipal licence, so the register is not a tenant roster.
Has 124 42 Ave SW been inspected?
The City publishes 5 inspection results against 2 permits here, between 2018-07-16 and 2026-03-16. 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 124 42 Ave SW?
119 scheduled transit trips call within 300 m of the parcel on a representative weekday, 16 of them in the morning peak, across 3 routes. The closest stop is NB Macleod TR @ 42 AV SE, 100 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 124 42 Ave SW?
The best-rated cycling facility within 400 m is a community street, 97 m away. The parcel fronts a Priority 2 snow and ice clearing route. These are straight-line tests against City layers.
Where can visitors park at 124 42 Ave 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 124 42 Ave 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.