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Calgary Fourplex Market Pulse

Watch where four-door housing is moving.

A live reading of new Calgary building-permit applications where the City records exactly four housing units. Use it to see direction and investigate—not to infer availability, approval or completion.

Applications YTD
245
2026 calendar year
Last 30 days
35
New four-unit applications
Change vs prior YTD
-2%
249 in the comparable period
Average declared cost
$948.7K
Construction estimate · not total project cost

The one-minute read

What changed—and why it matters

A concise interpretation of the current public signal. Change the lens to separate the home decision from the investment decision.

Direction

Application activity is broadly near the comparable period.

245 applications versus 249 through the same date last year. That represents 980 proposed housing-unit signals entering the application dataset—not completed homes.

Near-term pace

Running above the recent monthly rhythm.

The last 30 days recorded 35 applications, compared with an average of 26.7 across the last three complete calendar months. Timing and partial-month effects still matter.

Read it as a buyer

More activity means more choice eventually—not necessarily today.

Use active communities to learn the form, parking, privacy and block context you prefer. Never treat an application as a home that can be purchased.

Build an affordability scenario

Twelve-month rhythm

Is the four-unit pipeline accelerating?

Application counts show planning activity entering the system. They do not prove that a building was approved, started, completed or offered for sale.
25
Oct
24
Nov
24
Dec
21
Jan
30
Feb
21
Mar
29
Apr
29
May
25
Jun
28
Jul
27
Aug
35
Sep

From intent to delivery

Three separate views of the four-unit pipeline

Applications, permit issuance and completions are dated events from two official City datasets. They describe activity in the same market, but they are not a cohort or a conversion rate.

Applications received YTD

245

New-work application records entered this calendar year with exactly four housing units.

Permits issued YTD

229

Four-unit new-work permits with an issued date this year, regardless of application year.

Permits completed YTD

246

Four-unit new-work permits with a completed date this year, regardless of application year.

Current file status

Where this year’s applications sit now

Status is a current snapshot and can change. It is not approval probability or a forecast of construction.

Issued Permit130 · 53%
Pending Plans Review Assignment63 · 26%
Pending Prescreen Review22 · 9%
Completed12 · 5%
Hold - Prescreen Review7 · 3%
Application Received6 · 2%

Where activity concentrates

Communities carrying the current signal

26% of year-to-date applications are concentrated in the five leading communities below. Concentration can signal both precedent and future competition.
01
FOREST LAWN14 applications
-13% vs same period · 16 prior
02
BOWNESS13 applications
-32% vs same period · 19 prior
03
GLENBROOK13 applications
+117% vs same period · 6 prior
04
WINSTON HEIGHTS/MOUNTVIEW12 applications
+500% vs same period · 2 prior
05
KILLARNEY/GLENGARRY12 applications
+20% vs same period · 10 prior
06
ALPINE PARK11 applications
+10% vs same period · 10 prior
07
RICARDO RANCH11 applications
+57% vs same period · 7 prior
08
MONTGOMERY10 applications
+43% vs same period · 7 prior

How an investor reads this

Signal first. Conclusion later.

  1. 01 · Precedent: repeated activity can reveal where four-unit forms are moving through permitting.
  2. 02 · Competition: more applications can mean more future rental or resale supply.
  3. 03 · Verification: inspect the individual file, status and property context before using it in a decision.
Compare area fundamentals

Recent permit signals

Open the underlying record

Search the latest applications by address, community or permit number. Each row links back to the City source.
#101R 1833 13 AV NWHOUNSFIELD HEIGHTS/BRIAR HILL
BP2026-18359Townhouse
Sep 24, 2026
$687,663City file
7136 36 AV NWBOWNESS
BP2026-18189Townhouse
Sep 23, 2026
$1,261,565City file
#1B 2614 1 AV NWWEST HILLHURST
BP2026-18095Townhouse
Sep 21, 2026
$1,263,930City file
#1B 4632 85 ST NWBOWNESS
BP2026-18109Townhouse
Sep 21, 2026
$641,384City file
43 AMBLERIDGE ST NWAMBLERIDGE
BP2026-17913Rowhouse
Sep 18, 2026
$741,580City file
27 AMBLERIDGE ST NWAMBLERIDGE
BP2026-17923Rowhouse
Sep 18, 2026
$706,860City file
#4B 2212 45 ST SEFOREST LAWN
BP2026-17988Townhouse
Sep 18, 2026
$1,174,460City file
#2B 2216 45 ST SEFOREST LAWN
BP2026-17989Townhouse
Sep 18, 2026
$1,168,757City file
293 BIGHORN AV SWALPINE PARK
BP2026-17847Rowhouse
Sep 17, 2026
$1,298,200City file
#10 3816 PARKHILL PL SWPARKHILL
BP2026-17881Townhouse
Sep 17, 2026
$858,985City file
#1R 2801 25 AV SWKILLARNEY/GLENGARRY
BP2026-17722Townhouse
Sep 16, 2026
$923,500City file
#4B 4336 72 ST NWBOWNESS
BP2026-17615Townhouse
Sep 15, 2026
$781,660City file
#1B 7414 OGDEN RD SEOGDEN
BP2026-17639Townhouse
Sep 15, 2026
$1,500,000City file
4840B 19 AV NWMONTGOMERY
BP2026-17650Rowhouse
Sep 15, 2026
$803,192City file
7503 5 ST SWKINGSLAND
BP2026-17652Townhouse
Sep 15, 2026
$495,134City file
#1B 239 20 AV NETUXEDO PARK
BP2026-17562Townhouse
Sep 14, 2026
$655,422City file
#1B 2007 46 ST SEFOREST LAWN
BP2026-17282Townhouse
Sep 10, 2026
$750,776City file
4207B 21 AV SEFOREST LAWN
BP2026-17328Townhouse
Sep 10, 2026
$1,173,917City file

Exactly what this measures

This Pulse filters the City’s Building Permit Application Report to new-work records where HousingUnits equals four. That can include rowhouse, townhouse and online/unclassified permit classes. It is a public planning signal—not an MLS listing, legal-unit opinion, approval, construction-start or completion record. Estimated project cost is applicant-declared construction value and may not represent land, financing, soft costs or total development cost.