4935 40 Ave NW
Medical/Dental Office · low-rise office building · built 1978 · 4935 40 Ave NW
- Civic address
- 4935 40 Ave NW, Calgary, AB
- Community
- Varsity (VAR)
- City sub-property use
- C103 Medical/Dental Office · all Medical/Dental Office sites
- Land use district
- C-COR2 — Commercial - Corridor 2 (Commercial)
- Height rank
- #263 of 580 citywide · #4 of 7 in Varsity
- Site coverage
- 23% of parcel under LiDAR footprints
- Parcel pieces
- 1 titled piece · roll 200355790
- Coordinates
- 51.087242, -114.158012
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 Varsity median and tallest, and against the city.
Access
Public-geometry tests only; confirm routes, entrances and hours with the building.
CTrain
Nearest station: Dalhousie, 1.8 km straight-line (route 201).
Plus 15
Outside the Plus 15 network area.
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 200355790 · Medical/Dental Office
Published values by roll year
| Roll year | Assessed value | Change |
|---|---|---|
| 2005 | $14.0M | — |
| 2006 | $14.6M | 4.2% |
| 2007 | $21.8M | 49.5% |
| 2008 | $20.8M | -4.2% |
| 2009 | $32.7M | 57.1% |
| 2010 | $25.1M | -23.2% |
| 2011 | $25.7M | 2.3% |
| 2012 | $28.9M | 12.4% |
| 2013 | $33.2M | 15.0% |
| 2014 | $33.3M | 0.3% |
| 2015 | $37.5M | 12.6% |
| 2016 | $32.6M | -13.0% |
| 2017 | $33.9M | 3.7% |
| 2018 | $33.7M | -0.6% |
| 2019 | $30.3M | -10.0% |
| 2020 | $27.1M | -10.5% |
| 2021 | $22.5M | -17.2% |
| 2022 | $22.7M | 1.0% |
| 2023 | $20.8M | -8.4% |
| 2024 | $19.6M | -5.4% |
| 2025 | $19.7M | 0.3% |
| 2026 | $20.3M | 3.0% |
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 9 since 2012
| Applied | Permit | Category · description | Status |
|---|---|---|---|
| 2025-01-08 | DP2025-00094 | Signs - Permitted Use with Relaxation NEW: SIGN - CLASS B (FASCIA SIGN) - ILLUMINATION | Released Approval |
| 2024-11-08 | DP2024-07944 | Signs - Permitted Use NEW: SIGN - CLASS B (FASCIA SIGN) | Released Approval |
| 2020-06-04 | DP2020-3483 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: MEDICAL CLINIC | Released Approval |
| 2019-09-12 | DP2019-4744 | Change of Use - Permitted Use CHANGE OF USE: HEALTH SERVICES LABORATORY - WITH CLIENTS | Released Approval |
| 2019-06-26 | DP2019-3271 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: MEDICAL CLINIC - RELAXATION OF 7 PARKING STALLS | Released Approval |
| 2018-01-26 | DP2018-0344 | Change of Use - Permitted Use CHANGE OF USE: MEDICAL CLINIC | Released Approval |
| 2017-12-14 | DP2017-5716 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: MEDICAL CLINIC - RELAXATION OF 2 PARKING STALLS | Released Approval |
| 2014-11-25 | DP2014-5629 | Change of Use - Permitted Use CHANGE OF USE: OFFICE | Released Approval |
Recent building permits 44 since 2012 · 18 in the City’s office class
| Applied | Permit | Class · work | Est. cost | Status |
|---|---|---|---|---|
| 2026-06-23 | BP2026-11557 | 2306 - Parking Garage · Improvement Leasehold improvement - Post tensioning repairs | $200,000 | Issued Permit |
| 2025-12-30 | BP2025-24272 | 3403 - Office, Medical · Improvement Group D Office | $63,910 | Completed |
| 2025-11-12 | BP2025-21951 | 3499 - Office/Bank/Professional Misc. · Improvement Exterior Alteration | $269,296 | Issued Permit |
| 2025-07-31 | BP2025-14890 | 3402 - Office · Improvement Interior alteration - Office | $90,000 | Completed |
| 2024-12-20 | BP2024-26280 | 5299 - Medical Misc. · Improvement Interior Alteration | $120,000 | Completed |
| 2024-09-24 | BP2024-20297 | 3403 - Office, Medical · Improvement Maple Respiratory Group Market Mall | $140,000 | Completed |
| 2024-08-22 | BP2024-17614 | 3402 - Office · Improvement Internal alterations | $125,000 | Completed |
| 2024-08-20 | BP2024-17389 | 3402 - Office · Improvement Interior Alteration - Demolition | $15,000 | Completed |
Declared estimated project cost across all 44 non-residential building permits on the parcel since 2012: $7.0M. Permit descriptions are the City’s records at retrieval; applicant and contractor names are not reproduced.
Nearby office buildings
The six nearest office building sites in the record, by straight-line distance between parcel centroids.
4935 40 Ave NW questions
Answers drawn from the record.
How tall is 4935 40 Ave NW?
The main structure on the parcel has a LiDAR roof height of 14.6 m in The City of Calgary’s 3D building data, a storey-equivalent of about 4 at 3.9 m per storey.
When was 4935 40 Ave NW built?
The City’s assessment roll records 1978 as the year of construction.
Which CTrain station is closest to 4935 40 Ave NW?
Dalhousie Station, 1.8 km in a straight line from the parcel centroid.
Is office space available at 4935 40 Ave NW?
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) — The City of Calgary, retrieved 2026-09-21. 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.