115 WATER ST SE
115 WATER ST SE sits on 95,802 sq ft (2.20 acres) of land in the Seton industrial area of Southeast Calgary, designated DC. The City of Calgary records it as a 2020s building (2024). Its assessment account has 2 annual observations on file, from 2025 through 2026.
- 2026 assessment
- $12M
- Site area
- 96K sq ft
- Year built
- 2024
- Land use
- DC
- Assessment years on file
- 2
- Permit + application records
- 22
What the City of Calgary publishes about this property
| Civic address | 115 WATER ST SE |
|---|---|
| Industrial area | Seton |
| Street | WATER ST SE |
| City quadrant | Southeast Calgary |
| Assessment roll number | 203280417 |
| City parcel identifier (CPID) | 960689891 |
| Short legal description | 2310299;9;2 |
| Land-use designation | DC |
| Assessment property type | LI |
| Sub-property use code | I106 |
| Year of construction | 2024 |
| Parcel area | 95,802 sq ft · 2.20 acres · 8,900 m² |
| 2026 assessed value | $12,080,000 |
| 2026 non-residential assessed value | $12,080,000 |
| Assessed value per land sq ft | $126.09 |
| Reference coordinates | 50.87372, -113.95622 · open on a map |
The 2026 assessment on this account is $12,080,000 — the 353rd highest assessed value of the 6,205 industrial accounts on the Calgary roll and 1st of 1 in Seton. Divided by the published parcel area, that is $126.09 per square foot of land, against a Seton median of $126.09 and a citywide industrial median of $26.15. That ratio is arithmetic on an assessed value and a parcel area — it is not a land price, a rate per buildable foot, or a rent.
The City of Calgary permit and development registers connect 10 building permit records and 12 development applications to this exact civic address, the most recent dated 2026-08-13. Those records are administrative filings. They show that something was applied for or issued — not that any work started, finished, or changed how the building can be used.
The nearest published City of Calgary truck route is 408 m away (dangerous goods route), and the nearest dangerous-goods route is 408 m away. That distance is measured from the property reference point to the nearest published route line. It says nothing about how a truck actually gets onto this site, what it may carry, or how long the trip takes.
2025–2026 assessed value on roll 203280417
Each row is one annual City of Calgary assessment observation matched to this exact roll number. A City of Calgary assessed value is a mass-appraisal figure prepared for property taxation. It is not a market value, an appraisal, a listing price or a transaction price.
| Roll year | Assessed value | Non-residential | Change | Land use on file |
|---|---|---|---|---|
| 2026 | $12,080,000 | $12,080,000 | +92.1% | DC |
| 2025 | $6,290,000 | $6,290,000 | — | DC |
Records matched to this exact civic address
10 building permit and 12 development application records are connected to 115 WATER ST SE by exact normalised civic address. The most recent are listed. A permit or development application is an administrative record. It does not prove that work started, finished, changed the building, or that any use is currently operating.
| Permit | Date | Type | Status | Description on file |
|---|---|---|---|---|
| BP2026-13166 | 2026-08-13 | Alteration | Issued Permit | Group F2 3.2.2.7 Industrial |
| BP2026-02349 | 2026-07-09 | Alteration | Completed | First tenant fit out - Smile on Seton |
| BP2026-00559 | 2026-06-29 | Alteration | Completed | Interior alteration (first tenant fit-up) |
| BP2025-23860 | 2026-06-12 | Alteration | Completed | Interior alteration (Nail salon) |
| BP2025-23431 | 2026-06-01 | Alteration | Completed | First tenant fit out - FOGGY GORILLA SETON |
| BP2025-20229 | 2026-03-18 | Alteration | Completed | Restaurant/ Take-Out Interior Alteration |
| Application | Date | Type | Status | Description on file |
|---|---|---|---|---|
| DP2026-02031 | 2026-07-28 | Signs - Permitted Use With Relaxation | Released | NEW: SIGN - CLASS B (FASCIA SIGN), SIGN - CLASS D (CANOPY SIGN) - SIGNABLE AREA |
| DP2026-02845 | 2026-07-24 | Change Of Use - Discretionary Use Or Relaxations Required | Released | CHANGE OF USE: INDOOR RECREATION FACILITY, DRINKING ESTABLISHMENT - MEDIUM |
| DP2026-02636 | 2026-07-17 | Signs - Permitted Use With Relaxation | Released | NEW: SIGN - CLASS B (FASCIA SIGN), SIGNS - CLASS D (CANOPY SIGNS - 2) - COPY AREA |
| DP2026-02399 | 2026-06-12 | Signs - Discretionary Use | Released | NEW: SIGN - CLASS B (FASCIA SIGN) - ILLUMINATION, SIGN - CLASS D (CANOPY SIGN) - COPY AREA |
| DP2026-01774 | 2026-05-26 | Signs - Permitted Use | Released | NEW: SIGN - CLASS D (PROJECTING SIGN) |
| DP2026-00801 | 2026-04-21 | Signs - Permitted Use | Released | NEW: SIGN - CLASS B (FASCIA SIGNS - 2) |
Distance to the nearest published truck routes
Calculated from this property's reference point to the nearest published City of Calgary truck-route line. How freight context is calculated →
Other industrial properties in Seton
Seton carries 1 industrial assessment accounts with a median construction year of 2024 and a median site area of 96K sq ft.
Common questions about 115 WATER ST SE
How big is the site at 115 WATER ST SE?
The City of Calgary assessment roll publishes a parcel area of 95,802 sq ft (2.20 acres, 8,900 m²) for this account. That is land area, not building floor area or leasable area.
What is 115 WATER ST SE assessed at?
The 2026 City of Calgary assessment on roll number 203280417 is $12,080,000. A City of Calgary assessed value is a mass-appraisal figure prepared for property taxation. It is not a market value, an appraisal, a listing price or a transaction price.
What zoning applies at 115 WATER ST SE?
The parcel carries the DC land-use designation — Direct Control District, (DC). A land-use designation describes the district a parcel sits in. It is not a permitted-use ruling, a development approval, or legal advice.
Is 115 WATER ST SE available to lease?
This page does not say. Nothing on this site establishes ownership, tenancy, occupancy, vacancy, availability, asking rent or lease terms. Where a fact is not published, it stays unknown. If you are looking for warehouse space in Seton, send a requirement and we will research current availability directly.
What this record does not establish
Source records: City of Calgary current-year property assessments, historical property assessments, land-use designation codes, building permits, development permits and truck routes. Assessment history is matched by exact roll number; permit and development records by exact normalised civic address; route distance is calculated. Contains information licensed under the Open Government Licence – City of Calgary. Full source and licence register → · Methodology →
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