Regional ReportPublished July 202612 min read

Calgary Multifamily Permit Activity: January–May 2026

283 multifamily permits, 3,847 units, and $638.3M in declared construction value issued across Calgary between January and mid-May 2026.

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Multifamily permits issued

283

Issued Jan 19 to May 17, 2026

Units approved

3,847

Median 4 units per permit

Declared value

$638.3M

Applicant-reported construction value

Average time to issuance

100 days

Filed to issued, mean

Executive summary

Between January 19 and May 17, 2026, the City of Calgary issued 283 building permits meeting PropertyLabs’ multifamily definition: three or more residential units, or an explicit rowhouse, townhouse, apartment, or multiplex work description.

Together those permits approve 3,847 units and $638.3M in declared construction value. The pipeline is bimodal: half of all permits approve four units or fewer, while a short list of eight large developments accounts for nearly half of total declared value.

Activity accelerated through the reporting window. Q2’s first six and a half weeks recorded more declared value than all of Q1, which suggests Calgary’s next supply wave is broadening beyond one-off tower permits into a mix of suburban production housing and inner-city redevelopment.

Key findings

1

Momentum accelerated into Q2

Q1 2026 recorded $306.0M in declared multifamily value across 175 permits; Q2’s first six and a half weeks already show $332.3M across 108 permits.

2

Infill is the median project

Half of all multifamily permits approve four units or fewer. Permit volume, not tower count, defines Calgary’s current pipeline.

3

Value concentrates in a short project list

The eight largest projects total $311.0M in declared value, roughly 49% of the full multifamily pipeline.

4

New construction dominates

271 of 283 multifamily permits are new-build. Renovations to existing multifamily stock account for the remaining 12.

5

Activity splits across two geographies

Rangeview, Sage Hill, Mahogany, and Ricardo Ranch lead on permit count, while Bowness, Killarney/Glengarry, Tuxedo Park, and Beltline carry higher-density inner-city redevelopment.

Declared value by month

$64.7M
Jan45 permits
$125.7M
Feb70 permits
$115.7M
Mar60 permits
$197.2M
Apr78 permits
$135.1M
May*30 permits

May is partial through the 17th only, not a complete month.

Most active named applicants by units

Zeidler Architecture504
Deveraux Developments370
Eagle Crest Construction238
Truman Homes 1995206
RG 1000187

Largest in-window permit applicants by approved unit count. Listed entities include architects and developers as named on the permit and are not verified as the general contractor of record.

PropertyLabs tracked markets

Tap any market to explore live permit data and construction activity.

Geographic analysis

Calgary’s multifamily activity splits along a familiar line: greenfield subdivisions where builders file dozens of small, similarly sized permits, and established inner-city communities where fewer, larger projects redevelop existing sites.

Rangeview, Sage Hill, Mahogany, and Ricardo Ranch lead on raw permit count, largely rowhouse and stacked-townhouse product from a small set of production builders. Tuxedo Park stands out for density, while Beltline and Manchester Industrial carry the largest single-project values in the window.

Top communities by permit count

Top communities by permit count, January 19 – May 17, 2026.

CommunityPermitsUnitsDeclared Value
Rangeview22104$22.5M
Bowness2090$19.5M
Sage Hill1291$21.3M
Mahogany14100$13.2M
Killarney/Glengarry1243$10.5M
Tuxedo Park9191$13.6M

Largest projects by declared value

Ranked by declared construction value.

AddressCommunityUnitsDeclared ValueIssued
#114 225 60 Ave SWManchester Industrial504$106.1MApr 7
#117 100 13 Ave SEBeltline323$71.7MMay 6
3841 University Ave NWUniversity District202$34.3MFeb 2
#1125 8320 Horton Rd SWHaysboro179$21.3MMar 26
20 Ellisborough Ga SERed Carpet92$19.3MMay 14

Q2’s first six and a half weeks already outvalue all of Q1 — $332.3M against $306.0M — on fewer permits. This window alone can’t say whether that’s a strong year by Calgary’s historical standards, only that momentum is building.

PropertyLabs Research

Methodology

This report is built from the City of Calgary Open Data Portal Building Permits dataset, normalized into PropertyLabs’ unified permit schema.

A permit is classified as multifamily when it declares three or more residential units, or its work description names a rowhouse, townhouse, apartment, or multiplex typology and the unit count is not exactly one.

The analysis window covers permits issued between January 19 and May 17, 2026. Declared value is the applicant-reported construction value at filing, not an appraised or assessed value.

Sources and limitations

Source: City of Calgary Open Data Portal, Building Permits dataset, extracted July 2026.

Date field:
Issued Date
Rows in:
10,849 Calgary permits (all types, all statuses)
After exclusions:
283 multifamily permits issued Jan 19 – May 17, 2026
  • The reporting window is not a complete half-year. Q2 figures remain provisional and will revise as additional permits are issued later in the quarter.
  • Year-over-year comparison is not included here because the equivalent historical extract was not present in the source window used for this report.
  • Multifamily classification is inferred from unit counts and free-text descriptions where the municipal source does not publish a clean property-type field.
Do not treat Q2 2026 figures as final. Coverage is the in-window issued-permit set, not a full-year or year-over-year census.

Citation & provenance

Publisher
PropertyLabs Research
Last updated
July 2026

Suggested citation: PropertyLabs Research. "Calgary Multifamily Permit Activity: January–May 2026." Updated July 2026. https://propertylabs.org/resources/calgary-multifamily-permit-activity-2026-mid-year

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Every number in this report is designed to trace back to municipal-source permit data and PropertyLabs normalization logic inside the product.

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