518 922 5 Ave SW
Office Condo · 7 separately assessed accounts · high-rise office building · built 2006 · 518 922 5 Ave SW

518 922 5 Ave SW is a 90.8 m high-rise office building in Downtown Commercial Core, Calgary, recorded on the City assessment roll as built in 2006. Its main structure is the 48th tallest office roof of the 775 ranked in this record, and 39th of 119 in Downtown Commercial Core. The City assesses the 7 accounts on the parcel at $2.7M on the 2026 roll, 551st of 822 sites in the record by assessed value. The nearest CTrain platform is 8th Street SW, 297 m away in a straight line. 1,003 scheduled transit trips call within 300 m of the parcel on a weekday. Since 2012 the City has recorded 9 building permits and 7 development permits on the parcel, the largest a $95,000 school, other permit for alteration, applied for in 2017.
- Civic address
- 518 922 5 Ave SW, Calgary, AB
- Community
- Downtown Commercial Core (DNC)
- City sub-property use
- C121 Office Condo × 7 · all Office Condo sites
- Land use district
- CR20-C20/R20 — Commercial - Residential Core (Commercial - Core)
- Height rank
- #48 of 785 citywide · #39 of 111 in Downtown Commercial Core
- Footprint to parcel
- 99% of the parcel under LiDAR footprints
- Parcel pieces
- 1 titled piece · roll 200896603 and 6 more
- Coordinates
- 51.04922, -114.082161
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 Downtown Commercial Core median and tallest, and against the city.
Access
Public-geometry tests only; confirm routes, entrances and hours with the building.
CTrain
Nearest station: 8th Street SW, 297 m straight-line (route 201/202). Planned Green Line station 7 Avenue SW is 1.0 km away (Downtown Segment, per the City’s Green Line map).
Plus 15
Nearest Plus 15 segment: 69 m. Not on the network.
Cycling
The best-rated cycling facility within 400 m of the parcel is a protected lane (Cycle Track), 170 m away.
Winter access
The parcel fronts a Priority 1 snow and ice clearing route, 12 m from its edge. Priority 1 routes are cleared first after a snowfall.
Accessible crossing
The nearest accessible pedestrian signal is at 4 Avenue and 8 Street, 108 m from the parcel. The closest signalised crossing, 5 Avenue and 8 Street at 85 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.
1,003 scheduled transit trips call within 300 m of this parcel on a representative weekday, 140 of them between 07:00 and 09:00, across 20 routes and 21 stops. The closest stop is EB 5 AV SW @ 9 ST SW, 53 m away.
| Service class | Trips on the service day |
|---|---|
| REGULAR | 565 |
| LRT | 336 |
| MAX | 74 |
| EXPRESS | 28 |
Routes: 1 Bowness/Forest Lawn · 2 Mount Pleasant/Killarney 17 Av SW · 4 Huntington · 5 North Haven · 6 Killarney/26 Av SW · 7 Marda Loop · 13 Altadore · 22 Richmond Rd SW · 62 Hidden Valley · 64 MacEwan · 66 Lakeview · 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 · 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
238 metered stalls across 31 City parking zones touching this walking radius, at $1.00 to $2.25 per hour depending on zone and time of day. Maximum stay 20 to 180 minutes. Tariff zones 6, 7.
Enforced 0910-1520 MON-FRI; 0910-1750 MON-FRI; 0940-1520 MON-FRI.
Closest zone
5 Av SW, Fr 8 St Sw To 9 St SW — 4 m from the parcel, 16 parallel stalls, tariff zone 6, 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 | $2.25 per Hour |
| Mon-Fri 1:30 PM to 3:30 PM | $2.00 per Hour |
| Saturday: 9:00 AM to 6:00 PM | Free Parking |
| 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
7 separately assessed accounts sit on this parcel (office condominium units or split accounts). 2026 assessed values range $110,000 to $1.0M, median $317,000, total $2.7M. 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 200896603 (highest-assessed account on the parcel) · Office Condo
Published values by roll year
| Roll year | Assessed value | Change |
|---|---|---|
| 2007 | $763,500 | — |
| 2008 | $1.4M | 76.8% |
| 2009 | $1.4M | 0.0% |
| 2010 | $1.6M | 19.3% |
| 2011 | $1.6M | 0.0% |
| 2012 | $1.1M | -28.6% |
| 2013 | $1.2M | 6.1% |
| 2014 | $1.3M | 6.6% |
| 2015 | $1.0M | -20.0% |
| 2016 | $1.0M | -2.9% |
| 2017 | $943,500 | -6.6% |
| 2018 | $889,500 | -5.7% |
| 2019 | $678,000 | -23.8% |
| 2020 | $966,000 | 42.5% |
| 2021 | $825,000 | -14.6% |
| 2022 | $666,000 | -19.3% |
| 2023 | $773,000 | 16.1% |
| 2024 | $633,000 | -18.1% |
| 2025 | $746,500 | 17.9% |
| 2026 | $1.0M | 35.3% |
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 7 since 2012
| Applied | Permit | Category · description | Status |
|---|---|---|---|
| 2019-10-02 | DP2019-5115 | Signs - Discretionary Use TEMPORARY USE: SIGN - CLASS E (DIGITAL MESSAGE SIGN - 3 YEARS ) | Released Approval |
| 2017-01-17 | DP2017-0163 | Renovations - Non-Residential CHANGE OF USE: INSTRUCTIONAL FACILITY (28 STUDENTS);�ADDITION: INSTRUCTIONAL FACILITY (MEZZANINE) | Released Approval |
| 2016-01-25 | DP2016-0258 | Signs - Discretionary Use NEW: SIGN - CLASS E (DIGITAL MESSAGE SIGN) 3 YEARS | Released Refusal |
| 2014-12-09 | DP2014-5870 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: LIQUOR STORE | Released Approval |
| 2013-09-16 | DP2013-3853 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: MEDICAL CLINIC | Released Approval |
| 2013-06-07 | DP2013-2386 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: MEDICAL CLINIC | Released Approval |
| 2012-06-01 | DP2012-2302 | Signs - Permitted Use SIGNS - CLASS 1: UNDER-CANOPY SIGN - SIZE RELAXATION | Released Approval |
Recent building permits 9 since 2012 · 4 in the City’s office class
| Applied | Permit | Class · work | Est. cost | Status |
|---|---|---|---|---|
| 2025-09-17 | BP2025-18243 | 3402 - Office · Alteration Interior alterations | $10,000 | Issued Permit |
| 2023-06-21 | BP2023-09824 | 3108 - Liquor Store · Alteration Exterior Alteration - Group E | $3,000 | Completed |
| 2019-08-30 | BP2019-11874 | 3402 - Office · Alteration Interior alterations | $50,000 | Completed |
| 2017-03-14 | BP2017-02309 | 5114 - School, Other · Alteration Group A2 Gymnasia | $95,000 | Completed |
| 2015-12-24 | BP2015-16255 | 3108 - Liquor Store · Alteration Liquor Central Interior Renovation Phase 2 | $5,000 | Completed |
| 2015-08-20 | BP2015-10795 | 3108 - Liquor Store · Alteration | $80,000 | Completed |
| 2015-01-19 | BP2015-00524 | 3403 - Office, Medical · Alteration Interior renovation (existing tenant) | $16,000 | Completed |
| 2013-11-19 | BP2013-17267 | 3403 - Office, Medical · Alteration Interior Alteration | $40,000 | Completed |
Declared estimated project cost across all 9 non-residential building permits on the parcel since 2012: $384,000. 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.
29 inspection results are published against 7 of the 9 building permits on this parcel, from 2012-06-20 to 2024-01-10. The most recent occupancy inspection was accepted on 2017-09-28. 6 inspections used a life-safety checklist.
What was inspected
Result of each visit
| Outcome | Inspections |
|---|---|
| Acceptable with Conditions | 11 |
| Acceptable | 8 |
| Not Acceptable | 5 |
| Acceptable Add Inspection | 5 |
Stage
| Inspection type | Count |
|---|---|
| Progress | 22 |
| Occupancy | 4 |
| Final | 2 |
| Framing | 1 |
The 14 most recent inspection results
| Date | Permit | Stage | Checklist | Outcome | Inspector note |
|---|---|---|---|---|---|
| 2024-01-10 | BP2023-09824 | Progress | Field Level Hazard Assessment (FLHA) | Acceptable | Field Level Hazard Assessment: - No unsafe conditions identified. Hard hat, Safety boots and vest worn. |
| 2024-01-10 | BP2023-09824 | Progress | General Inspection Observations | Acceptable | Base Building Observations were: - Final inspection is complete and the scope of work under this permit has been completed. No deficiencies to report. Closing building permit file. |
| 2023-12-20 | BP2023-09824 | Progress | General Inspection Observations | Not Acceptable | - Call for a building inspection when ready. Work started outcome given to the pre-expiry file and not acceptable outcome given to the inspection report in order to extend the permit. |
| 2020-02-14 | BP2019-11874 | Progress | DOCUMENTS Commercial | Acceptable Add Inspection | Fire Alarm Verification required. |
| 2020-02-14 | BP2019-11874 | Progress | DOCUMENTS Commercial | Acceptable Add Inspection | Sprinkler Verification required. |
| 2020-02-14 | BP2019-11874 | Progress | DIRECTIVES | Acceptable Add Inspection | Pre-board inspection completed. Contractor to complete noted deficiencies and then they continue to final inspection. -Remove combustibles in the return air Plenum. -3¿ collar required for waste drain pipe in parkade. |
| 2019-12-17 | BP2019-11874 | Framing | DIRECTIVES | Acceptable Add Inspection | Not ready for pre-board inspection. Complete all rough-ins (mechanical, electrical, H-Vac) and recall inspection prior to covering. |
| 2017-09-28 | BP2017-02309 | Occupancy | DIRECTIVES | Acceptable | Contractor to complete items, then may continue - no infractions noted. File complete. |
| 2017-08-15 | BP2017-02309 | Progress | DIRECTIVES | Acceptable with Conditions | Contractor to complete items, then may continue - call occupancy inspection next. |
| 2017-08-15 | BP2017-02309 | Progress | EMERGENCY LIGHTING & EXIT SIGNS | Acceptable with Conditions | *3.4.5.1. Exit sign is to be a green pictogram - exit sign at front door to be changed. |
| 2017-07-27 | BP2017-02309 | Progress | DOCUMENTS Commercial | Acceptable with Conditions | Sprinkler Verification - provide at occupancy |
| 2017-07-27 | BP2017-02309 | Progress | DOCUMENTS Commercial | Acceptable with Conditions | Fire Alarm Verification - provide at occupancy. |
| 2017-07-27 | BP2017-02309 | Progress | DOCUMENTS Commercial | Acceptable with Conditions | Occupancy Application - signed of by all trade inspectors and fire inspector before calling for an occupancy inspection. |
| 2017-07-27 | BP2017-02309 | Progress | DOCUMENTS Commercial | Acceptable with Conditions | City stamped drawings and pouch req'd on site at inspections - have available for next inspection. |
An inspection result is a record of one visit, not a verdict on the building. 5 of these 29 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 |
|---|---|---|---|---|
| Liquor Central | 924B 5 Ave SW | Retail Dealer - Premises, Liquor Store, Food Service - Premises | Licensed | 2015 |
| Individually licensed practitioner | 922 5 Ave SW | Personal Service, Massage Centre (Commercial) | Licensed | 2018 |
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; 1 of the 2 licences on this parcel is withheld on that basis. 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.
518 922 5 Ave SW questions
Answers drawn from the record.
How tall is 518 922 5 Ave SW?
The main structure on the parcel has a LiDAR roof height of 90.8 m in The City of Calgary’s 3D building data, a storey-equivalent of about 23 at 3.9 m per storey.
When was 518 922 5 Ave SW built?
The City’s assessment roll records 2006 as the year of construction.
What is the assessed value of 518 922 5 Ave SW?
The City of Calgary assesses the 7 accounts on this parcel at $2.7M in total on the 2026 roll, 551st 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 518 922 5 Ave SW zoned?
The parcel is designated CR20-C20/R20, Commercial - Residential Core, 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 518 922 5 Ave SW?
8th Street SW Station, 297 m in a straight line from the parcel centroid.
Who is in 518 922 5 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 518 922 5 Ave SW been inspected?
The City publishes 29 inspection results against 7 permits here, between 2012-06-20 and 2024-01-10. 6 used a life-safety checklist such as fire separations, firestopping or emergency lighting. The most recent occupancy inspection was accepted on 2017-09-28. 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 518 922 5 Ave SW?
1,003 scheduled transit trips call within 300 m of the parcel on a representative weekday, 140 of them in the morning peak, across 20 routes. The closest stop is EB 5 AV SW @ 9 ST SW, 53 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 518 922 5 Ave SW?
The best-rated cycling facility within 400 m is a protected lane, 170 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 518 922 5 Ave SW?
The City of Calgary's tariff record shows 238 paid on-street stalls in 31 zones within 200 m of the parcel, at $1.00 to $2.25 per hour. The closest is 5 Av SW, Fr 8 St Sw To 9 St SW, 4 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 518 922 5 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.