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2040 37 ST SW

KILLARNEY/GLENGARRY

$8,630,000

Current assessed value

Property

Property Details

Building Type

Unknown

Year Built

—

Land Size (sq ft)

24,004

Assessment Value & Trend

History of assessed value for this property

$8,630,000

Permits & Renovations

5 permits on record

DateTypeEst. costStatusDescription
Dec 5, 2024Building$15,179,206Issued PermitAdvent Killarney Multi-Residential: 6 storeys, 96 residential units
Jan 17, 2024Demolition—Completed—
Jan 17, 2024Demolition—Completed—
Jan 17, 2024Demolition—Completed—
Jan 17, 2024Demolition—Completed—
Total estimated spend(1 permit)$15,179,206

Basement & Legal Suite

Is Finished

No

Is Legal Suite

No

Community context

High Competition

There are 235 registered legal suites in KILLARNEY/GLENGARRY. Competition for basement rentals in this community is high.

Competition is already significant here. Legalizing a basement suite may be harder to monetize, as many other legal suites are competing for the same renters.

Rental opportunity

As of Aug 3, 2026

Active rents in KILLARNEY/GLENGARRY from RentFaster. Median rents below combine all bedroom sizes for each dwelling type.

Overall

$1,873

80 listings

Median apartment

$1,600

25 listings

Median townhouse

$2,500

27 listings

Median house

$2,225

14 listings

Median basement

$1,375

14 listings

Proximity to Amenities

Nearest LRT

660 m

Westbrook LRT Station

Bus Stop 1

100 m

SB 37 ST SW @ 19 AV SW

Bus Stop 2

170 m

NB 37 ST SW @ 19 AV SW

Bus Stop 3

180 m

NB 37 ST SW @ 23 AV SW

Downtown

5.0 km

Central Memorial Park

Fitness

770 m

Killarney Aquatic & Recreation Centre

multi-use

Costco

8.3 km

Costco

Costco

Grocery

670 m

Walmart

Walmart

Home Improvement

1.7 km

Canadian Tire

Canadian Tire

Elementary

450 m

Glendale School

The Calgary School Division

74% utilization

Junior High

1.3 km

A. E. Cross School

The Calgary School Division

73% utilization

Senior High

1.4 km

Calgary Christian High School

The Palliser School Division

Environmental Factors

Flood zones, emergency-service noise, shelter proximity, and hail exposure for this property and its community.

Flood Hazard

Calgary 1:100 year regulatory map

2.0 km

to nearest zone / facility

Flood Fringe

 

Hail Hazard Risk

Historical storm exposure

Moderate

community historical rating

KILLARNEY/GLENGARRY

 

Emergency Noise

Hospitals, fire & EMS stations

890 m

to nearest zone / facility

EMS Station 8

EMS station

Emergency Shelter

Permanent Calgary shelter sites

4.1 km

to nearest zone / facility

Brenda's House

Children's Cottage Society

Proximity to emergency shelters may correlate with higher foot traffic. This is a lifestyle indicator, not a crime or safety score.

Nearby assessed values

See how this property compares to neighbours on the same block and in the wider surrounding area.

This property

$8,630,000

Lowest nearby

$693,500

2024 37 ST SW

Average nearby

$817,667

Highest nearby

$943,500

2039 36 ST SW

Based on 6 residential properties within 50 m · 2026 assessment roll.

This property is among the highest assessed values in this radius.

Location

Community Overview

Community Name

KILLARNEY/GLENGARRY

Total Properties

3,528

Population

7,920

Crime Rate Trend

Reported incidents in 2018–2025

173 incidents in 2025 · Crime down 32% from 2018

Income

Median income

Compared to Calgary average where available

Household

$99,000

Calgary avg: $98,000

Individual

$52,800

Calgary avg: $44,400

Male individual

$60,000

Calgary avg: $50,400

Female individual

$49,200

Calgary avg: $39,600

Housing

Owners vs renters

% of households by tenure vs Calgary

Housing affordability

% of households by shelter cost burden vs Calgary

Diversity

Immigration status

% of population by immigration status vs Calgary

Religious affiliation

% of population by religion vs Calgary

Education

Education levels

% of population aged 15+ by credential vs Calgary

Languages

Top mother tongues

First language learned at home

RankThis communityCalgary average
1Tagalog (Pilipino, Filipino)Punjabi (Panjabi)
2ArabicTagalog (Pilipino, Filipino)
3SpanishYue (Cantonese)
4KoreanMandarin
5MandarinSpanish

Immigration

Top countries of birth

Where immigrants in this community were born

RankThis communityCalgary average
1PhilippinesPhilippines
2United KingdomIndia
3Other places of birth in AsiaChina
4Other places of birth in EuropeUnited Kingdom
5ChinaPakistan

View full community profile

See all remaining demographics, housing, transportation, and employment details for KILLARNEY/GLENGARRY.

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