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Downtown Commercial Core · Calgary office building record

Royal Bank of Canada Building

Office · mid-rise office building · built 1954 · 409 8 Ave SW

3D render of Royal Bank of Canada Building (409 8 Ave SW), a 23.6 m mid-rise office building in Downtown Commercial Core, Calgary, modelled from City of Calgary LiDAR
Rendered by OfficeBuildings.ca from The City of Calgary 3D building outlines and ground elevations, with Royal Bank of Canada Building highlighted among its neighbours. A derived massing model, not a photograph. Explore it in the 3D city.

Royal Bank of Canada Building (409 8 Ave SW) is a 23.6 m mid-rise office building in Downtown Commercial Core, Calgary, recorded on the City assessment roll as built in 1954. Its main structure is the 194th tallest office roof of the 775 ranked in this record, and 99th of 119 in Downtown Commercial Core. The City assesses the parcel at $3.8M on the 2026 roll, 448th of 822 sites in the record by assessed value. A Plus 15 walkway touches the parcel. The nearest CTrain platform is 4th Street SW, 181 m away in a straight line. 1,777 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 $5.5M office permit for alteration, applied for in 2022. It appears on the City’s Inventory of Evaluated Historic Resources as Royal Bank of Canada Building.

LiDAR roof height23.6 m
Storey-equivalent (derived)6
Footprint1,072 m²
Parcel965 m²
Year built (roll)1954
Assessed 2026$3.8M
Structures on parcel1
Nearest CTrain181 m
Civic address
409 8 Ave SW, Calgary, AB
Community
Downtown Commercial Core (DNC)
City sub-property use
C101 Office · all Office sites
Land use district
DC — Direct Control (Direct Control)
Height rank
#194 of 785 citywide · #99 of 111 in Downtown Commercial Core
Footprint to parcel
111% Above 100% because the LiDAR roof outlines attributed to this parcel cover more ground than its titled pieces, which happens where a roof oversails the lot line or a structure spans neighbouring parcels.
Parcel pieces
1 titled piece · roll 068110105
Coordinates
51.045514, -114.071187
Own or manage Royal Bank of Canada Building?

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 →

23.6 mN20 mLiDAR roof outlines · City of Calgary · true scale
23.6 m · 1,072 m²
10.2 m structure10.3 m structure11.9 m structure12.5 m structure17.7 m structure27 m structure27.1 m structure30 m structure31.2 m structure51.6 m structure153.2 m structurePlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — EnclosedPlus 15 — EnclosedPlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — EnclosedPlus 15 — Bridge EnclosedPlus 15 — EnclosedPlus 15 — Bridge EnclosedPlus 15 — Bridge EnclosedPlus 15 — EnclosedPlus 15 — EnclosedPlus 15 — EnclosedPlus 15 — Enclosed23.6 m · 1,072 m² footprintN50 mFootprints within 150 m · City of Calgary
Context within 150 m. Grey footprints darken with height; lime is the Plus 15 network.

How it compares

Roof height against the Downtown Commercial Core median and tallest, and against the city.

Royal Bank of Canada Buil…23.6 mDowntown Commercial Core median66.2 mDowntown Commercial Core tallest243.2 mCalgary office median13.8 mCalgary tallest office roof243.2 m

Access

Public-geometry tests only; confirm routes, entrances and hours with the building.

CTrain

Nearest station: 4th Street SW, 181 m straight-line (route 201/202). Planned Green Line station 7 Avenue SW is 292 m away (Downtown Segment, per the City’s Green Line map).

Other office buildings near 4th Street SW Station →

Plus 15

The City’s Plus 15 walkway geometry touches this parcel; the plan above shows the connected segments in lime. Confirm access points, hours and the interior route with the building.

Cycling

The best-rated cycling facility within 400 m of the parcel is a protected lane (Cycle Track), 9 m away.

Winter access

The parcel fronts a Priority 1 snow and ice clearing route, 8 m from its edge. Priority 1 routes are cleared first after a snowfall.

Accessible crossing

The nearest accessible pedestrian signal is at 7 Avenue and 4 Street, 137 m from the parcel. The closest signalised crossing, 8 Avenue and 4 Street at 38 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.

1,777 scheduled transit trips call within 300 m of this parcel on a representative weekday, 262 of them between 07:00 and 09:00, across 25 routes and 18 stops. The closest stop is NB 4 ST SW@ 7 AV SW, 92 m away.

Service classTrips on the service day
REGULAR786
LRT672
MAX185
BRT121
EXPRESS13

Routes: 1 Bowness/Forest Lawn · 2 Mount Pleasant/Killarney 17 Av SW · 3 Sandstone/Elbow Dr SW · 4 Huntington · 6 Killarney/26 Av SW · 15 Deerfoot Meadows · 17 Renfrew/Ramsay · 22 Richmond Rd SW · 62 Hidden Valley · 64 MacEwan · 66 Lakeview · 101 Inglewood · 109 Harvest Hills · 116 Coventry Hills · 117 McKenzie Towne Express · 131 East Bow Express · 142 Panorama · 151 New Brighton Express · 201 Red Line - Somerset - Bridlewood/Tuscany CTrain · 202 Blue Line - Saddletowne/69 Street CTrain · 302 BRT Southeast/City Centre · 500 Airport Express · 503 Symons Valley Express · MG MAX Green North Pointe/ City Centre · MY MAX Yellow Woodpark/City Centre.

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.

Paid on-street parking within 200 m

88 metered stalls across 14 City parking zones touching this walking radius, at $1.00 to $4.75 per hour depending on zone and time of day. Maximum stay 30 to 120 minutes. Tariff zones 12, 4a, 4b, 4c, 4d.

Enforced 0710-1750 MON-FRI, 0910-1750 SAT; 0840-1520 MON-FRI, 0910-1750 SAT; 0910-1520 MON-FRI; 0910-1750 MON-SAT.

Closest zone

8 Av SW, Fr 3 St SW To 4 St SW — 6 m from the parcel, 3 parallel stalls, tariff zone 4c, 30-minute maximum.

WhenRate
Mon-Fri 7:00 AM to 9:00 AM$3.25 per Hour
Mon-Fri 9:00 AM to 11:00 AM$4.25 per Hour
Mon-Fri 11:00 AM to 1:30 PM$4.75 per Hour
Mon-Fri 1:30 PM to 3:30 PM$4.25 per Hour
Mon-Fri 3:30 PM to 6:00 PM$4.25 per Hour
Saturday: 9:00 AM to 6:00 PM$1.00 per hour
Sunday/Holidays:Free parking
Free parking to 7 Am Mon-FriSee 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.

Heritage inventory

The City of Calgary Inventory of Evaluated Historic Resources records the following on this parcel.

Royal Bank of Canada Building

Construction year
1953
Architect
Unknown
Style
International
Typology
Bank
Development era
1946 to 1956 (Oil Boom)
Original use
Commerce
Planning theme
Business and Industry
Designation
Inventory listing only
Inventory class
CHR

Heritage Character Statement

The Royal Bank is a good example of the Modern style buildings constructed in the post WWII boom in the west end of Calgary's downtown. It featured; symmetrical facade, large flat wall surfaces, expressive modular grid patterns and large glazing panels with aluminum frames on the lower level. The interior featured the first escalators and automatic doors in a bank in western Canada. It was one of three banks built to serve the oil & gas sector. It is illustrative of the banking industry's westward movement along 8th Avenue into the dynamic oil & gas headquarter buildings.

Summary History

Following a major oil discovery at Leduc, Alberta in 1947, Calgary entered a sustained period of economic and population growth. Very little major construction had taken place in the city since before the Great Depression, and increasing need for professional office sp

Source: The City of Calgary Inventory of Evaluated Historic Resources, entry 397.

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 068110105 · 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 yearAssessed valueChange
2005$4.3M—
2006$5.7M34.7%
2007$9.2M60.1%
2008$12.5M36.3%
2009$14.1M12.5%
2010$8.5M-39.4%
2011$3.9M-53.9%
2012$4.4M11.9%
2013$8.5M91.8%
2014$9.0M6.1%
2015$9.9M10.7%
2016$6.8M-31.6%
2017$6.6M-3.2%
2018$5.7M-14.1%
2019$5.2M-8.3%
2020$5.3M2.1%
2021$5.2M-2.1%
2022$4.5M-14.1%
2023$4.0M-10.6%
2024$4.0M0.0%
2025$4.2M4.8%
2026$3.8M-9.4%

Development and building permits

Applications the City has located on this parcel since 2012, from the Development Permits and Building Permits datasets.

00.512012: 0 development permits2012: 0 building permits122013: 0 development permits2013: 0 building permits132014: 0 development permits2014: 1 building permit142015: 0 development permits2015: 0 building permits152016: 1 development permit2016: 0 building permits162017: 0 development permits2017: 1 building permit172018: 0 development permits2018: 0 building permits182019: 0 development permits2019: 0 building permits192020: 0 development permits2020: 0 building permits202021: 0 development permits2021: 0 building permits212022: 0 development permits2022: 1 building permit222023: 0 development permits2023: 0 building permits232024: 0 development permits2024: 0 building permits242025: 0 development permits2025: 1 building permit252026: 0 development permits2026: 0 building permits26Development permitsBuilding permits (non-residential)

Recent development permits 1 since 2012

AppliedPermitCategory · descriptionStatus
2016-05-19DP2016-1956Renovations - Non-Residential
EXTERIOR RENOVATIONS: OFFICE (MODIFYING CANOPY, MAIN ENTRY)
Lapsed
Approval

Recent building permits 4 since 2012 · 3 in the City’s office class

AppliedPermitClass · workEst. costStatus
2025-10-21BP2025-206042501 - Animal Husbandry · New—Cancelled
2022-02-09BP2022-020333402 - Office · Alteration
Interior Fit-out for 2 below grade levels and 2 above grade.
$5.5MCompleted
2017-08-11BP2017-104763402 - Office · Alteration
Fire Alarm Repair - Group D
$1,070Completed
2014-11-20BP2014-180363402 - Office · Alteration
Renovation in the 4th floor men's and women's washrooms.
$55,000Completed

Declared estimated project cost across all 4 non-residential building permits on the parcel since 2012: $5.6M. 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.

34 inspection results are published against 3 of the 4 building permits on this parcel, from 2015-05-29 to 2024-04-26. 5 inspections used a life-safety checklist.

What was inspected

01020Fire separations and fire resistance: 33Fireseparations and fire resistanceDocuments and directives: 2323Documentsand directives

Result of each visit

OutcomeInspections
Acceptable Add Inspection21
Not Acceptable9
Acceptable with Conditions3
Acceptable1

Stage

Inspection typeCount
Progress23
Final11
The 14 most recent inspection results
DatePermitStageChecklistOutcomeInspector note
2024-04-26BP2022-02033FinalDirectivesAcceptable with ConditionsNo Infractions Noted. No Further Building Inspections are Required. Build permit has been completed based on DCP approval.
2024-04-26BP2022-02033FinalDirectivesAcceptable with ConditionsNo deficiencies noted. No further building inspections are required. Build permit has been completed based on DCP approval.
2024-04-05BP2022-02033FinalDirectivesAcceptable Add InspectionContractor to complete items, then may continue Occupancy for Main and second floor GRANTED. Basement level occupancy NOT GRANTED until entire scope of work completed and final inspection conducted for that area. Call for final inspection when ready.
2024-03-28BP2022-02033FinalDirectivesNot Acceptable—
2024-03-28BP2022-02033FinalDirectivesNot AcceptableCorrect Deficiencies and Recall Building Inspection. - Work to be substantially completed before booking final inspection. All required documentation to be provided at final inspection, IST testing, trade permits to be completed.
2024-03-28BP2022-02033FinalDocuments CommercialNot AcceptableMechanical Compliance Required Prior to Occupancy - 2 mechanical permits open. One for general HVAC and one for the kitchen range hood as discussed.
2024-03-28BP2022-02033FinalFire StoppingNot Acceptable3.1.9.4. Fire stop system tested with a 50 Pa press diff - Seal abandoned holes in basement and main service rooms as reviewed.
2023-04-20BP2022-02033ProgressDirectivesNot AcceptableCorrect and RECALL inspection.
2023-04-20BP2022-02033ProgressField Level Hazard Assessment (FLHA)Not AcceptableField Level Hazard Assessment: No unsafe conditions identified. Hard hat, safety glasses, safety boots and vest worn.
2023-04-20BP2022-02033ProgressInteriorNot AcceptableDivision B, 3.6.4.3. Plenum Requirements 1) A concealed space used as a plenum within a floor assembly or within a roof assembly need not conform to Sentence 3.1.5.18.(1) and Article 3.6.5.1., provided a) all materials within the concealed space have a flame-spread rating not more than 25 and a smoke developed classifi
2023-03-03BP2022-02033ProgressFire Resistance & Fire Separations Part 3Acceptable Add InspectionScrews are to be spaced at 300mm, 12 inch, on centre for rated drywall, i.e. on columns
2023-03-03BP2022-02033ProgressGeneral Inspection ObservationsAcceptable Add InspectionTenant Improvement Inspections Observations were: this was an inspection to review firestopping and fire separations north of south stairs in levels one and two and is acceptable except as noted in this report.
2023-03-03BP2022-02033ProgressField Level Hazard Assessment (FLHA)Acceptable Add InspectionField Level Hazard Assessment: No unsafe conditions identified. Hard hat, Safety boots and vest worn.
2023-03-03BP2022-02033ProgressFire Resistance & Fire Separations Part 3Acceptable Add Inspection3.1.8 Fire separations are to be continuous at top of columns on level 2, plus NW column level one.

An inspection result is a record of one visit, not a verdict on the building. 9 of these 34 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 businessAddressLicence typeStatusLicensed since
Vanal Homes409 8 Ave SWContractor (No Provincial Licence Required)Licensed2023

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.

  • 407 8 Ave SW51.6 m · built 1966 · Office · Downtown Commercial Core · 28 m
  • Eighth Avenue Building505 8 Ave SW31.2 m · built 1954 · Office · Downtown Commercial Core · 46 m
  • 335 8 Ave SWheight n/a · built 1969 · Office · Downtown Commercial Core · 81 m
  • 751 3 St SW153.2 m · built 1983 · Office/Retail · Downtown Commercial Core · 83 m
  • Eighth Avenue Place East Tower525 8 Ave SWheight n/a · built 2010 · Office · Downtown Commercial Core · 89 m
  • 750 3 St SWheight n/a · built 1989 · Office/Retail · Downtown Commercial Core · 100 m

Royal Bank of Canada Building questions

Answers drawn from the record.

How tall is Royal Bank of Canada Building?

The main structure on the parcel has a LiDAR roof height of 23.6 m in The City of Calgary’s 3D building data, a storey-equivalent of about 6 at 3.9 m per storey.

When was Royal Bank of Canada Building built?

The City’s assessment roll records 1954 as the year of construction. The heritage inventory records 1953.

What is the assessed value of Royal Bank of Canada Building?

The City of Calgary assesses this parcel at $3.8M in total on the 2026 roll, 448th 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 Royal Bank of Canada Building 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 Royal Bank of Canada Building?

4th Street SW Station, 181 m in a straight line from the parcel centroid.

Who is in Royal Bank of Canada Building?

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 Royal Bank of Canada Building been inspected?

The City publishes 34 inspection results against 3 permits here, between 2015-05-29 and 2024-04-26. 5 used a life-safety checklist such as fire separations, firestopping or emergency lighting. 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 Royal Bank of Canada Building?

1,777 scheduled transit trips call within 300 m of the parcel on a representative weekday, 262 of them in the morning peak, across 25 routes. The closest stop is NB 4 ST SW@ 7 AV SW, 92 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 Royal Bank of Canada Building?

The best-rated cycling facility within 400 m is a protected lane, 9 m away. The parcel fronts a Priority 1 snow and ice clearing route. These are straight-line tests against City layers.

Where can visitors park at Royal Bank of Canada Building?

The City of Calgary's tariff record shows 88 paid on-street stalls in 14 zones within 200 m of the parcel, at $1.00 to $4.75 per hour. The closest is 8 Av SW, Fr 3 St SW To 4 St SW, 6 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 Royal Bank of Canada Building?

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.