340 12 Ave SW
Office · high-rise office building · built 1981 · 340 12 Ave SW
340 12 Ave SW is a 57.8 m high-rise office building in Beltline, Calgary, recorded on the City assessment roll as built in 1981. Its main structure is the 81st tallest office roof of the 775 ranked in this record, and 10th of 124 in Beltline. The City assesses the parcel at $6.9M on the 2026 roll, 267th of 822 sites in the record by assessed value. The nearest CTrain platform is 3rd Street SW, 528 m away in a straight line. 413 scheduled transit trips call within 300 m of the parcel on a weekday. Since 2012 the City has recorded 35 building permits and 8 development permits on the parcel, the largest a $450,000 office permit for alteration, applied for in 2026.
- Civic address
- 340 12 Ave SW, Calgary, AB
- Community
- Beltline (BLN)
- City sub-property use
- C101 Office · all Office sites
- Land use district
- CC-X — Centre City Mixed Use District (Commercial)
- Height rank
- #81 of 785 citywide · #10 of 119 in Beltline
- Footprint to parcel
- 60% of the parcel under LiDAR footprints
- Parcel pieces
- 1 titled piece · roll 068134394
- Coordinates
- 51.041912, -114.070271
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 Beltline median and tallest, and against the city.
Access
Public-geometry tests only; confirm routes, entrances and hours with the building.
CTrain
Nearest station: 3rd Street SW, 528 m straight-line (route 201/202). Planned Green Line station Beltline is 300 m away (Downtown Segment, per the City’s Green Line map).
Plus 15
Nearest Plus 15 segment: 172 m. Not on the network.
Cycling
The best-rated cycling facility within 400 m of the parcel is a protected lane (Cycle Track), 10 m away.
Winter access
The parcel fronts a Priority 1 snow and ice clearing route, 10 m from its edge. Priority 1 routes are cleared first after a snowfall.
Accessible crossing
The nearest accessible pedestrian signal is at 12 Avenue and 4 Street, 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.
413 scheduled transit trips call within 300 m of this parcel on a representative weekday, 57 of them between 07:00 and 09:00, across 5 routes and 8 stops. The closest stop is EB 12 AV SW @ 2 ST SW, 118 m away.
| Service class | Trips on the service day |
|---|---|
| REGULAR | 413 |
Routes: 3 Sandstone/Elbow Dr SW · 13 Altadore · 15 Deerfoot Meadows · 17 Renfrew/Ramsay · 90 Bridgeland/University of Calgary.
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.
Residential permit parking zone C. The centre of this parcel falls inside a City residential parking zone, so nearby residential streets are permit-restricted and are not available for all-day staff parking. Check the signs for the hours that apply.
Paid on-street parking within 200 m
393 metered stalls across 47 City parking zones touching this walking radius, at $1.00 to $3.00 per hour depending on zone and time of day. Maximum stay 120 to 180 minutes. Tariff zones 12, 13.
Enforced 0910-1520 MON-FRI, 0910-1750 SAT; 0910-1520 MON-FRI,0910-1750 SAT; 0910-1520 MON-SAT; 0910-1750 MON-FRI.
Closest zone
12 Av SW, Fr 2 St SW To 4 St SW — 17 m from the parcel, 15 parallel stalls, tariff zone 12, 120-minute maximum.
| When | Rate |
|---|---|
| Mon-Fri 9:00 AM to 11:00 AM | $2.00 per Hour |
| Mon-Fri 11:00 AM to 1:30 PM | $3.00 per Hour |
| Mon-Fri 1:30 PM to 3:30 PM | $2.25 per Hour |
| Saturday: 9:00 AM to 6:00 PM | $1.00 per Hour |
| No Parking at this time | See Street Signs |
| Sunday/Holidays: | Free parking |
| Free parking to 7 AM | See Signs /Parking Restrictions |
The City of Calgary On-Street Parking Zones with Rates, retrieved 2026-09-24. Counts cover Active paid parking zones only: loading bays, taxi stands, accessible stalls and permit-only zones are excluded, and off-street parkades are not in this dataset. Tariffs and enforcement hours change; confirm on the sign.
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 068134394 · Office
Published values by roll year
| Roll year | Assessed value | Change |
|---|---|---|
| 2005 | $13.3M | — |
| 2006 | $15.8M | 18.8% |
| 2007 | $18.4M | 16.8% |
| 2008 | $29.3M | 58.9% |
| 2009 | $38.0M | 29.6% |
| 2010 | $34.4M | -9.5% |
| 2011 | $17.5M | -49.1% |
| 2012 | $19.2M | 9.5% |
| 2013 | $30.2M | 57.4% |
| 2014 | $36.8M | 21.8% |
| 2015 | $42.2M | 14.7% |
| 2016 | $33.6M | -20.4% |
| 2017 | $36.7M | 9.2% |
| 2018 | $24.2M | -34.1% |
| 2019 | $16.6M | -31.4% |
| 2020 | $16.8M | 1.3% |
| 2021 | $13.0M | -22.5% |
| 2022 | $10.2M | -21.5% |
| 2023 | $5.2M | -49.5% |
| 2024 | $5.3M | 3.7% |
| 2025 | $6.4M | 19.4% |
| 2026 | $6.9M | 8.0% |
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 8 since 2012
| Applied | Permit | Category · description | Status |
|---|---|---|---|
| 2026-07-23 | DP2026-04268 | Signs - Permitted Use NEW: SIGN - CLASS B (FASCIA SIGN), SIGN - CLASS D (PROJECTING SIGN) | Hold |
| 2024-06-24 | DP2024-04640 | Signs - Discretionary Use - Third Party Signs TEMPORARY USE: SIGN - CLASS F (THIRD PARTY ADVERTISING SIGN - 5 YEARS) | Released Approval |
| 2023-11-23 | DP2023-08289 | Signs - Discretionary Use - Third Party Signs TEMPORARY USE: SIGN - CLASS F (THIRD PARTY ADVERTISING SIGN) | Refused Refusal |
| 2022-12-15 | DP2022-08488 | Surface Parking Lots TEMPORARY USE: PARKING LOT - GRADE (TEMPORARY) (3 YEARS) | Released Approval |
| 2022-12-15 | DP2022-08489 | Surface Parking Lots TEMPORARY USE: PARKING LOT - GRADE (TEMPORARY) | Cancelled |
| 2022-12-08 | DP2022-08349 | Signs - Permitted Use NEW: SIGN - CLASS B (FASCIA SIGNS - 2) | Released Approval |
| 2022-10-20 | DP2022-07364 | Signs - Permitted Use with Relaxation NEW: SIGN - CLASS B (FASCIA SIGNS - 2) - SIGNABLE AREA | Released Approval |
| 2020-06-01 | DP2020-3377 | Signs - Permitted Use with Relaxation NEW: SIGN - CLASS D (PROJECTING SIGN) - LOCATED WITHIN ROAD RIGHTS-OF-WAY SETBACK | Released Approval |
Recent building permits 35 since 2012 · 33 in the City’s office class
| Applied | Permit | Class · work | Est. cost | Status |
|---|---|---|---|---|
| 2026-08-24 | BP2026-16041 | 3402 - Office · Alteration | $450,000 | Pending Plans Review Assignment |
| 2026-07-15 | BP2026-13219 | 3402 - Office · Alteration Interior Alterations | $80,000 | Issued Permit |
| 2026-06-22 | BP2026-11485 | 3402 - Office · Alteration | $180,000 | Pending Plans Review Assignment |
| 2026-06-17 | BP2026-11086 | 3402 - Office · Alteration Interior Alteration | $200,000 | Issued Permit |
| 2026-05-21 | BP2026-08921 | 3499 - Office/Bank/Professional Misc. · Alteration Interior Alterations | $75,000 | Issued Permit |
| 2026-05-19 | BP2026-08760 | 3402 - Office · Alteration Interior Alterations - Office | $60,000 | Completed |
| 2026-04-14 | BP2026-05944 | 3402 - Office · Alteration Interior Alteration - Washrooms | $100,000 | Completed |
| 2026-02-27 | BP2026-03016 | 3402 - Office · Alteration Interior alterations | $130,000 | Completed |
Declared estimated project cost across all 35 non-residential building permits on the parcel since 2012: $4.1M. 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.
70 inspection results are published against 23 of the 35 building permits on this parcel, from 2014-05-27 to 2026-08-04. The most recent occupancy inspection was accepted on 2024-10-07. 8 inspections used a life-safety checklist.
What was inspected
Result of each visit
| Outcome | Inspections |
|---|---|
| Acceptable Add Inspection | 34 |
| Acceptable | 25 |
| Not Acceptable | 9 |
| Acceptable with Conditions | 2 |
Stage
| Inspection type | Count |
|---|---|
| Progress | 36 |
| Final | 23 |
| Framing | 8 |
| Occupancy | 3 |
The 14 most recent inspection results
| Date | Permit | Stage | Checklist | Outcome | Inspector note |
|---|---|---|---|---|---|
| 2026-08-04 | BP2026-03016 | Progress | All Directives | Acceptable | No deficiencies noted. No further building inspections are required. |
| 2026-08-04 | BP2026-03016 | Final | All Directives | Acceptable | Correct noted deficiencies. No further building inspections are required. |
| 2026-04-30 | BP2026-01372 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2026-04-30 | BP2026-01372 | Progress | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2025-03-10 | BP2025-00183 | Final | All Directives | Acceptable | — |
| 2025-03-10 | BP2025-00183 | Final | All Deck Inspections | Acceptable | Acceptable to occupy |
| 2025-02-14 | BP2024-16310 | Progress | All Directives | Acceptable | No deficiencies noted. No further building inspections are required. |
| 2025-02-14 | BP2024-16310 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections are required. |
| 2024-10-07 | BP2024-09369 | Final | All Directives | Acceptable | Final inspection completed, no deficiencies noted. Received required documentation, documentation has been sent to file. |
| 2024-10-07 | BP2024-09369 | Occupancy | All Directives | Acceptable | No deficiencies noted. No further building inspections are required. Permit file closed. |
| 2023-08-09 | BP2019-06928 | Final | General Inspection Observations | Acceptable | - received all relevant documentation and no Sprinkler VI was done because no modification was done to the system. |
| 2022-11-01 | BP2022-06884 | Final | Field Level Hazard Assessment (FLHA) | Acceptable | Field Level Hazard Assessment: No safety issues. |
| 2022-11-01 | BP2022-06884 | Final | General Inspection Observations | Acceptable | Complaint Observations were: Received fire alarm and sprinkler verifications. No further building inspections are required. |
| 2022-10-26 | BP2022-06884 | Final | Field Level Hazard Assessment (FLHA) | Not Acceptable | Field Level Hazard Assessment: No unsafe conditions identified. Hard hat, Safety boots and vest worn. |
An inspection result is a record of one visit, not a verdict on the building. 9 of these 70 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 2 as of 2026-09-24
| Licensed business | Address | Licence type | Status | Licensed since |
|---|---|---|---|---|
| Itc AB Residential Projects | 340 12 Ave SW | Contractor (No Provincial Licence Required) | Licensed | 2024 |
| Itc Alberta Builders | 340 12 Ave SW | Contractor | 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.
- Calgary Masonic Temple330 12 Ave SW
- Metals Limited Warehouse326 11 Ave SW
- G.F. & J. Galt & Co. Wholesale Grocers Warehouse313 10 Ave SW
Where this building sits in the record
Every collection this building belongs to, from the same public data shown above.
340 12 Ave SW questions
Answers drawn from the record.
How tall is 340 12 Ave SW?
The main structure on the parcel has a LiDAR roof height of 57.8 m in The City of Calgary’s 3D building data, a storey-equivalent of about 15 at 3.9 m per storey.
When was 340 12 Ave SW built?
The City’s assessment roll records 1981 as the year of construction.
What is the assessed value of 340 12 Ave SW?
The City of Calgary assesses this parcel at $6.9M in total on the 2026 roll, 267th 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 340 12 Ave SW zoned?
The parcel is designated CC-X, Centre City Mixed Use District, 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 340 12 Ave SW?
3rd Street SW Station, 528 m in a straight line from the parcel centroid.
Who is in 340 12 Ave SW?
The City of Calgary business licence register lists 2 licensed businesses 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 340 12 Ave SW been inspected?
The City publishes 70 inspection results against 23 permits here, between 2014-05-27 and 2026-08-04. 8 used a life-safety checklist such as fire separations, firestopping or emergency lighting. The most recent occupancy inspection was accepted on 2024-10-07. 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 340 12 Ave SW?
413 scheduled transit trips call within 300 m of the parcel on a representative weekday, 57 of them in the morning peak, across 5 routes. The closest stop is EB 12 AV SW @ 2 ST SW, 118 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 340 12 Ave SW?
The best-rated cycling facility within 400 m is a protected lane, 10 m away. The parcel fronts a Priority 1 snow and ice clearing route. It sits inside residential permit parking zone C, so nearby residential streets are not available for all-day parking. These are straight-line tests against City layers.
Where can visitors park at 340 12 Ave SW?
The City of Calgary's tariff record shows 393 paid on-street stalls in 47 zones within 200 m of the parcel, at $1.00 to $3.00 per hour. The closest is 12 Av SW, Fr 2 St SW To 4 St SW, 17 m away. Loading bays, taxi stands, accessible stalls and off-street parkades are not counted, and rates change, so confirm on the sign.
Is office space available at 340 12 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.