850 2 St SW
Office · high-rise office building · built 2009 · 850 2 St SW
850 2 St SW is a 63.5 m high-rise office building in Downtown Commercial Core, Calgary, recorded on the City assessment roll as built in 2009. Its main structure is the 72nd tallest office roof of the 775 ranked in this record, and 58th of 119 in Downtown Commercial Core. The City assesses the parcel at $37.0M on the 2026 roll, 55th of 822 sites in the record by assessed value. A Plus 15 walkway touches the parcel. The nearest CTrain platform is 3rd Street SW, 224 m away in a straight line. 1,615 scheduled transit trips call within 300 m of the parcel on a weekday. Since 2012 the City has recorded 33 building permits and 3 development permits on the parcel, the largest a $7.0M office permit for alteration, applied for in 2024.
- Civic address
- 850 2 St SW, Calgary, AB
- Community
- Downtown Commercial Core (DNC)
- City sub-property use
- C101 Office · all Office sites
- Land use district
- CR20-C20/R20 — Commercial - Residential Core (Commercial - Core)
- Height rank
- #72 of 785 citywide · #58 of 111 in Downtown Commercial Core
- Footprint to parcel
- 87% of the parcel under LiDAR footprints
- Parcel pieces
- 1 titled piece · roll 068249200
- Coordinates
- 51.045002, -114.067357
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: 3rd Street SW, 224 m straight-line (route 201/202). Planned Green Line station Beltline is 165 m away (Downtown Segment, per the City’s Green Line map).
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), 193 m away.
Winter access
The parcel fronts a Priority 1 snow and ice clearing route, 11 m from its edge. Priority 1 routes are cleared first after a snowfall.
Accessible crossing
The nearest accessible pedestrian signal is at 8 Avenue and 2 Street, 85 m from the parcel. The closest signalised crossing, 9 Avenue and 2 Street at 55 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.
1,615 scheduled transit trips call within 300 m of this parcel on a representative weekday, 204 of them between 07:00 and 09:00, across 16 routes and 16 stops. The closest stop is EB 9 AV SW @ 2 ST SW, 113 m away.
| Service class | Trips on the service day |
|---|---|
| REGULAR | 777 |
| LRT | 672 |
| MAX | 107 |
| BRT | 59 |
Routes: 1 Bowness/Forest Lawn · 6 Killarney/26 Av SW · 7 Marda Loop · 10 City Hall/Southcentre · 13 Altadore · 15 Deerfoot Meadows · 22 Richmond Rd SW · 24 Ogden · 66 Lakeview · 90 Bridgeland/University of Calgary · 101 Inglewood · 201 Red Line - Somerset - Bridlewood/Tuscany CTrain · 202 Blue Line - Saddletowne/69 Street CTrain · 302 BRT Southeast/City Centre · 500 Airport Express · MP MAX Purple City Centre/East Hills.
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
176 metered stalls across 26 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, 4c.
Enforced 0710-1750 MON-FRI, 0910-1750 SAT; 0840-1520 MON-FRI, 0910-1750 SAT; 0840-1750 MON-FRI, 0910-1750 SAT; 0910-1750 MON-SAT.
Closest zone
9 Av SW, Fr 1 St SW To 2 St SW — 4 m from the parcel, 7 parallel stalls, tariff zone 4c, 120-minute maximum.
| When | Rate |
|---|---|
| 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-Fri | 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 068249200 · 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 | $9.2M | — |
| 2006 | $10.8M | 16.3% |
| 2007 | $13.4M | 25.0% |
| 2008 | $16.8M | 25.0% |
| 2009 | $54.0M | 221.6% |
| 2010 | $110.3M | 104.2% |
| 2011 | $84.5M | -23.4% |
| 2012 | $109.7M | 29.9% |
| 2013 | $141.5M | 28.9% |
| 2014 | $154.5M | 9.2% |
| 2015 | $166.4M | 7.7% |
| 2016 | $141.7M | -14.8% |
| 2017 | $110.5M | -22.0% |
| 2018 | $77.3M | -30.1% |
| 2019 | $42.8M | -44.6% |
| 2020 | $57.3M | 33.7% |
| 2021 | $47.5M | -17.0% |
| 2022 | $41.0M | -13.6% |
| 2023 | $37.0M | -9.8% |
| 2024 | $43.2M | 16.9% |
| 2025 | $42.8M | -1.1% |
| 2026 | $37.0M | -13.6% |
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 3 since 2012
| Applied | Permit | Category · description | Status |
|---|---|---|---|
| 2023-09-01 | DP2023-06114 | Signs - Permitted Use NEW: SIGN - CLASS B (FASCIA SIGNS - 4) | Released Approval |
| 2021-12-03 | DP2021-8662 | Signs - Permitted Use NEW: SIGN - CLASS B (FASCIA SIGN) | Released Approval |
| 2012-11-02 | DP2012-4642 | Change of Use - Discretionary Use or Relaxations Required CHANGE OF USE: MEDICAL CLINIC | Released Approval |
Recent building permits 33 since 2012 · 19 in the City’s office class
| Applied | Permit | Class · work | Est. cost | Status |
|---|---|---|---|---|
| 2026-07-09 | BP2026-12762 | 3402 - Office · Alteration Dentons Office Reconfigurations | $50,000 | Issued Permit |
| 2026-06-26 | BP2026-11899 | 3402 - Office · Alteration Interior Demo- Bankers Court FL 6-9 | $1.0M | Issued Permit |
| 2026-06-04 | BP2026-10137 | 3401 - Bank · Alteration Interior Alterations | $1.2M | Issued Permit |
| 2026-05-15 | BP2026-08596 | 4002 - Vacant · Alteration Deloitte Selective Decomissioning | $500,000 | Completed |
| 2026-04-06 | BP2026-05273 | 2306 - Parking Garage · Repair Parkade repairs | $29,000 | Issued Permit |
| 2026-01-14 | BP2026-00578 | 5299 - Medical Misc. · Alteration Interior Alteration | $90,000 | Completed |
| 2025-12-30 | BP2025-24291 | 4002 - Vacant · Alteration Demolitions | $28,000 | Completed |
| 2025-12-30 | BP2025-24290 | 4002 - Vacant · Alteration Interior demolition | $78,000 | Completed |
Declared estimated project cost across all 33 non-residential building permits on the parcel since 2012: $23.0M. 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.
103 inspection results are published against 24 of the 33 building permits on this parcel, from 2012-07-03 to 2026-07-29. The most recent occupancy inspection was accepted on 2014-03-14. 4 inspections used a life-safety checklist and 3 a barrier-free checklist.
What was inspected
Result of each visit
| Outcome | Inspections |
|---|---|
| Acceptable Add Inspection | 48 |
| Acceptable | 31 |
| Acceptable with Conditions | 15 |
| Not Acceptable | 9 |
Stage
| Inspection type | Count |
|---|---|
| Progress | 56 |
| Final | 35 |
| Framing | 7 |
| Occupancy | 5 |
The 14 most recent inspection results
| Date | Permit | Stage | Checklist | Outcome | Inspector note |
|---|---|---|---|---|---|
| 2026-07-29 | BP2026-08596 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2026-07-29 | BP2026-00578 | Progress | All Directives | Acceptable | — |
| 2026-07-29 | BP2026-00578 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2026-07-16 | BP2026-08596 | Progress | All Directives | Acceptable | Inspections can be booked at inspections.calgary.ca -book final inspection when project scope substantially complete. |
| 2026-02-24 | BP2025-24291 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2026-02-24 | BP2025-24290 | Progress | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2026-02-24 | BP2025-24290 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections required. File Closed. |
| 2026-02-12 | BP2025-24290 | Progress | All Directives | Not Acceptable | File complete upon receipt of required documents. - Provide VI to SCO for permit completion. |
| 2026-02-09 | BP2025-24291 | Progress | All Documents | Acceptable | NBC AE Division C 2.4.1.3. Fire Suppression System Designs (Sprinkler VI) Sprinkler verification required. |
| 2026-02-09 | BP2025-24291 | Progress | All Directives | Acceptable | File complete upon receipt of required documents. |
| 2025-07-10 | BP2024-07175 | Final | All Directives | Acceptable | No deficiencies noted. No further building inspections are required. |
| 2023-05-25 | BP2023-03102 | Final | Field Level Hazard Assessment (FLHA) | Acceptable | Field Level Hazard Assessment: No unsafe conditions identified. Hard hat, safety glasses, safety boots and vest worn. |
| 2023-05-25 | BP2023-03102 | Final | General Inspection Observations | Acceptable | Complaint Observations were: all required documentation received, project is substantially complete. No further building inspections are required and the building permit has been completed. |
| 2023-04-10 | BP2023-03102 | Progress | Documents Commercial | Acceptable Add Inspection | Provide final inspection reports from plumbing / gas, electrical and HVAC Safety Codes Officers at the final inspection confirming that that these permits have been completed. |
An inspection result is a record of one visit, not a verdict on the building. 9 of these 103 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 business | Address | Licence type | Status | Licensed since |
|---|---|---|---|---|
| Bankers Court | 850 2 St SW | Market | Licensed | 2020 |
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.
- Canada Life Assurance Building301 8 Ave SW
- Grain Exchange Building815 1 St SW
- Lancaster Building304 8 Ave SW
- Stephen Avenue Place225 7 Ave SW
Where this building sits in the record
Every collection this building belongs to, from the same public data shown above.
850 2 St SW questions
Answers drawn from the record.
How tall is 850 2 St SW?
The main structure on the parcel has a LiDAR roof height of 63.5 m in The City of Calgary’s 3D building data, a storey-equivalent of about 16 at 3.9 m per storey.
When was 850 2 St SW built?
The City’s assessment roll records 2009 as the year of construction.
What is the assessed value of 850 2 St SW?
The City of Calgary assesses this parcel at $37.0M in total on the 2026 roll, 55th 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 850 2 St 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 850 2 St SW?
3rd Street SW Station, 224 m in a straight line from the parcel centroid.
Who is in 850 2 St SW?
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 850 2 St SW been inspected?
The City publishes 103 inspection results against 24 permits here, between 2012-07-03 and 2026-07-29. 4 used a life-safety checklist such as fire separations, firestopping or emergency lighting. 3 used the barrier-free checklist. The most recent occupancy inspection was accepted on 2014-03-14. 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 850 2 St SW?
1,615 scheduled transit trips call within 300 m of the parcel on a representative weekday, 204 of them in the morning peak, across 16 routes. The closest stop is EB 9 AV SW @ 2 ST SW, 113 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 850 2 St SW?
The best-rated cycling facility within 400 m is a protected lane, 193 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 850 2 St SW?
The City of Calgary's tariff record shows 176 paid on-street stalls in 26 zones within 200 m of the parcel, at $1.00 to $4.75 per hour. The closest is 9 Av SW, Fr 1 St SW To 2 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 850 2 St 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.