The foundation pit deformation of a commercial building in Hangzhou is calculated by using calculation method related to foundation pit deformation. The calculation results by m method show that the maximum deformation is 29.2mm and the real maximum deformation is 174.6mm. The deformation character obtained by foundation coefficient method is different from the real deformation. There are lots of factors influencing foundation deformation. According to practical engineering condition, in this study, the influencing factors for soil parameters, bracing condition, condition for insertion of retaining wall into soil and construction speed are determined. The calculation method used is analyzed and modified. Finally, a useful and valid method for calculating foundation deformation is presented, by which the foundation pit deformation in practical project can be forecasted and analyzed.