Taiwan is located at the earthquake belt of pan-Pacific Ocean and suffered from frequent earthquakes over the years. The earthquake-induced disasters threaten the property and life of the public all the time. Taipei City, as Taiwan’s political and economic capital, is vulnerable to the earthquake potentials and is in an urgent need to evaluate the impacts caused by severe earthquake events. In the paper, Taiwan Earthquake Loss Estimation System (TELES) was employed to assess the level of building damages and emergency sheltering under various scenario seismic events. Analytical findings of this study can provide proactive-warning and decision-support information needed for managing potential earthquake-induced disasters and for planning appropriate resolution strategies in allocating shelter capacity in Taipei.