1723 40 St SE
Small Office · low-rise office building · built 2004 · 1723 40 St SE
1723 40 St SE is a 9.3 m low-rise office building in Forest Lawn, Calgary, recorded on the City assessment roll as built in 2004. Its main structure is the 537th tallest office roof of the 775 ranked in this record, and 3rd of 8 in Forest Lawn. The City assesses the parcel at $2.9M on the 2026 roll, 532nd of 822 sites in the record by assessed value. 103 scheduled transit trips call within 300 m of the parcel on a weekday. Since 2012 the City has recorded 4 building permits and 1 development permit on the parcel, the largest a $266,000 commercial school permit for repair, applied for in 2019.
- Civic address
- 1723 40 St SE, Calgary, AB
- Community
- Forest Lawn (FLN)
- City sub-property use
- C102 Small Office · all Small Office sites
- Land use district
- C-O — Commercial - Office (Commercial)
- Height rank
- #537 of 785 citywide · #3 of 8 in Forest Lawn
- Footprint to parcel
- 39% of the parcel under LiDAR footprints
- Parcel pieces
- 1 titled piece · roll 072101900
- Coordinates
- 51.038478, -113.976171
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 Forest Lawn median and tallest, and against the city.
Access
Public-geometry tests only; confirm routes, entrances and hours with the building.
CTrain
Nearest station: Franklin, 1.6 km straight-line (route 202).
Plus 15
Outside the Plus 15 network area.
Cycling
The best-rated cycling facility within 400 m of the parcel is a protected lane (Cycle Track), 227 m away.
Winter access
No Priority 1 or 2 snow and ice clearing route lies within 30 m of the parcel edge.
Accessible crossing
The nearest accessible pedestrian signal is at 17 Avenue and 40 Street, 77 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.
103 scheduled transit trips call within 300 m of this parcel on a representative weekday, 13 of them between 07:00 and 09:00, across 2 routes and 6 stops. The closest stop is WB 17 AV SE @ 40 St SE, 56 m away.
| Service class | Trips on the service day |
|---|---|
| REGULAR | 103 |
Routes: 87 Applewood/17 Av SE · 440 Chateau Estates/Franklin Station.
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 072101900 · Small Office
Series not charted. The City’s published values for this roll number change by more than half or double between years, which usually signals a re-numbered, split or partially assessed account rather than a market movement. The published figures are listed below without a trend claim.
Published values by roll year
| Roll year | Assessed value | Change |
|---|---|---|
| 2005 | $1.1M | — |
| 2006 | $1.1M | 5.7% |
| 2007 | $1.5M | 33.0% |
| 2008 | $1.8M | 20.8% |
| 2009 | $1.9M | 7.2% |
| 2010 | $1.5M | -20.7% |
| 2011 | $1.2M | -21.6% |
| 2012 | $1.2M | 2.5% |
| 2013 | $2.3M | 86.2% |
| 2014 | $2.4M | 3.5% |
| 2015 | $2.8M | 19.0% |
| 2016 | $2.1M | -24.1% |
| 2017 | $1.7M | -22.4% |
| 2018 | $1.9M | 13.9% |
| 2019 | $2.7M | 42.9% |
| 2020 | $2.7M | 0.4% |
| 2021 | $2.4M | -11.8% |
| 2022 | $1.7M | -30.5% |
| 2023 | $1.3M | -24.7% |
| 2024 | $1.3M | 1.6% |
| 2025 | $1.3M | 1.6% |
| 2026 | $2.9M | 126.4% |
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 |
|---|---|---|---|
| 2020-02-11 | DP2020-0808 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: INSTRUCTIONAL FACILITY (130 STUDENTS) - 39 PARKING STALL RELAXATION | Released Approval |
Recent building permits 4 since 2012 · 0 in the City’s office class
| Applied | Permit | Class · work | Est. cost | Status |
|---|---|---|---|---|
| 2025-06-06 | BP2025-10813 | 5117 - Commercial School · Fire/ Security Alarm Fire Alarm Panel Replacement | $13,500 | Completed |
| 2021-09-10 | BP2021-15895 | 5301 - Child Care Facility · Alteration | — | Cancelled |
| 2019-08-28 | BP2019-11718 | 5117 - Commercial School · Repair C.I.E.S - Exterior Remediation | $266,000 | Completed |
| 2018-04-20 | BP2018-04345 | 5117 - Commercial School · Repair Calgary Immigrant Educational society - Fire Alarm repair | $1,900 | Completed |
Declared estimated project cost across all 4 non-residential building permits on the parcel since 2012: $281,400. 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.
6 inspection results are published against 3 of the 4 building permits on this parcel, from 2018-05-11 to 2025-07-31.
What was inspected
Result of each visit
| Outcome | Inspections |
|---|---|
| Acceptable Add Inspection | 4 |
| Acceptable | 2 |
Stage
| Inspection type | Count |
|---|---|
| Progress | 5 |
| Final | 1 |
The 6 most recent inspection results
| Date | Permit | Stage | Checklist | Outcome | Inspector note |
|---|---|---|---|---|---|
| 2025-07-31 | BP2025-10813 | Progress | All Directives | Acceptable | No deficiencies noted. No further building inspections are required. |
| 2019-09-23 | BP2019-11718 | Progress | — | Acceptable Add Inspection | East Side has been excavated, Delta wrap applied p and drainage rock and weeping tile install c/w a drainage filter cloth. Ok to proceed, Call when ready for final. |
| 2019-09-23 | BP2019-11718 | Progress | DOCUMENTS Commercial | Acceptable Add Inspection | P. Eng. review required as per permit conditions. |
| 2019-09-23 | BP2019-11718 | Progress | — | Acceptable Add Inspection | A site fence has been erected. Ensure to maintain |
| 2019-09-23 | BP2019-11718 | Progress | — | Acceptable Add Inspection | Stairs and ramp on east side to be reviewed after installation. |
| 2018-05-11 | BP2018-04345 | Final | — | Acceptable | Received all required documents file complete |
An inspection result is a record of one visit, not a verdict on the building. 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 |
|---|---|---|---|---|
| The Immigrant Education Society (Ties) | 1723 40 St SE | Charitable Organization, School (Prov. Not Required) | Licensed | 2024 |
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.
1723 40 St SE questions
Answers drawn from the record.
How tall is 1723 40 St SE?
The main structure on the parcel has a LiDAR roof height of 9.3 m in The City of Calgary’s 3D building data, a storey-equivalent of about 2 at 3.9 m per storey.
When was 1723 40 St SE built?
The City’s assessment roll records 2004 as the year of construction.
What is the assessed value of 1723 40 St SE?
The City of Calgary assesses this parcel at $2.9M in total on the 2026 roll, 532nd 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 1723 40 St SE zoned?
The parcel is designated C-O, Commercial - Office, 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 1723 40 St SE?
Franklin Station, 1.6 km in a straight line from the parcel centroid.
Who is in 1723 40 St SE?
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 1723 40 St SE been inspected?
The City publishes 6 inspection results against 3 permits here, between 2018-05-11 and 2025-07-31. 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 1723 40 St SE?
103 scheduled transit trips call within 300 m of the parcel on a representative weekday, 13 of them in the morning peak, across 2 routes. The closest stop is WB 17 AV SE @ 40 St SE, 56 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 1723 40 St SE?
The best-rated cycling facility within 400 m is a protected lane, 227 m away. No Priority 1 or 2 clearing route lies within 30 m of the parcel edge. These are straight-line tests against City layers.
Where can visitors park at 1723 40 St SE?
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 1723 40 St SE?
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.