Calgary's 5 most expensive homes for sale right now (May 2025)
The Calgary Real Estate Board says home sales in the city decreased again on a year-over-year basis last month amid uncertainty over the economy, while new listings and inventory both grew.
The board says 2,236 homes were sold in April, marking a 22.3 per cent decrease compared with the same month last year, as sales in Calgary slowed across all property types.
CREB chief economist Ann-Marie Lurie says that while sales have been softening in recent months, activity is still outpacing the levels seen during the economic downturn that plagued the city leading up to the pandemic, thanks to previous migration gains, relatively stable employment levels, lower lending rates, and better supply.
There were 4,038 new listings on the market last month, up 15.7 per cent from a year earlier, as the city's inventory reached 5,867 homes for sale — more than double the supply available at the same time last year.
The board says the rise in inventory has helped the market shift to balanced conditions, however lower-priced detached and semi-detached properties continue to struggle with insufficient supply.
The residential benchmark price was $591,100, marking a 1.4 decrease from April 2024 and a month-over-month decrease of 0.2 per cent.
Dreaming of owning a lavish new home?
Here are the city's five most expensive already-constructed residential homes for sale as of May 1, 2025, according to Realtor.ca:
$7.5M mansion in Upper Mount Royal
930 Prospect Avenue S.W. - 6
930 Prospect Avenue S.W. in Calgary. (Realtor.ca)
This historic mansion, known as the 'Burns Residence,' is in Upper Mount Royal.
The 5,298-square-foot home was built in 1912 and originally owned by Alfred Price, a superintendent with the Canadian Pacific Railway.
930 Prospect Avenue S.W. - 4
930 Prospect Avenue S.W. in Calgary. (Realtor.ca)
Aside from serving as the home for several notable and influential Calgarians, the residence sits on a sprawling half-acre lot surrounded by mature trees and lush landscaping.
The three-storey home has five bedrooms, six full bathrooms and three half-baths.
One of the mansion's biggest draws may be the pool; it's situated near a glass cabana that can serve as a bar area or greenhouse.
930 Prospect Avenue S.W. - 3
930 Prospect Avenue S.W. in Calgary. (Realtor.ca)
The home is located at 930 Prospect Ave. S.W.
It has been listed on Realtor.ca for 53 days.
$7.25M Eagle Ridge bungalow
40 Eagle Ridge Place S.W.
A look at 40 Eagle Ridge Place S.W. in Calgary, Alta. (Realtor.ca)
This gated home in Eagle Ridge sits on a sprawling double lot.
Built in 1971, the home has four above-grade bedrooms and one below grade, plus seven bathrooms.
40 Eagle Ridge Place
A look at 40 Eagle Ridge Place S.W. in Calgary. (Realtor.ca)
'Once you step inside past the hand-chiselled walnut doors, you are greeted by a grand foyer that sets the tone for the splendor that awaits,' states the listing.
'The main rooms are nothing short of magnificent, boasting expansive dimensions and exquisite finishes.'
40 Eagle Ridge Place S.W.
A look at 40 Eagle Ridge Place S.W. in Calgary, Alta. (Realtor.ca)
The home may be of interest to culinary enthusiasts due to its walk-in cooler, gas cooktop, double ovens and commercial-grade appliances.
'Whether you're hosting a grand gala or preparing an intimate meal for loved ones, this culinary haven is sure to impress.'
40 Eagle Ridge Place
A look at 40 Eagle Ridge Place S.W. in Calgary. (Realtor.ca)
The bungalow is located at 40 Eagle Ridge Pl. S.W.
It has been listed on Realtor.ca for 211 days.
$6.3M Bel-Aire bungalow
1020 Bel-Aire Drive S.W.
A look at 1020 Bel-Aire Drive S.W. in Calgary, Alta. (Realtor.ca)
This Bel-Aire bungalow was built in 1972 and is more than 4,000 square feet.
It comes with three bedrooms (and three below grade) plus seven bathrooms and two partial baths.
1020 Bel-Aire Drive S.W.
A look at 1020 Bel-Aire Drive S.W. in Calgary, Alta. (Realtor.ca)
According to the listing, the main level of the home offers a blend of 'elegance and comfort,' featuring a spa-quality ensuite bathroom.
In the basement, there's a wine cellar and a theatre.
1020 Bel-Aire Drive S.W.
A look at 1020 Bel-Aire Drive S.W. in Calgary, Alta. (Realtor.ca)
The single-storey home is located at 1020 Bel-Aire Dr. S.W.
It has been listed on Realtor.ca for 278 days.
$6.3M Bel-Aire estate
1016 Beverley Boulevard SW
A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald)
Nestled into a 0.30-acre lot, this 5,817-square-foot home is surrounded by the Calgary Golf & Country Club, the Glenmore Reservoir and the Elbow River valley.
Built in 2003, it has three bedrooms, seven bathrooms and three half-baths.
'This one-of-a-kind estate offers an unparalleled fusion of modern design, natural elements and masterful craftsmanship,' states the listing.
1016 Beverley Boulevard SW
A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald)
The home's outdoor lounge is accessible via multiple sliding glass doors and is accented by two six-foot fireplaces.
It has an outdoor pool with a power cover and is next to a covered outdoor kitchen.
1016 Beverley Boulevard SW
A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald)
The estate also has as a state-of-the-art home theatre, a gym and yoga studio, a wine wall and a chef's kitchen with high-end cabinetry and top-tier appliances.
It also has a heated front driveway.
1016 Beverley Boulevard SW
A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald)
The two-storey home is located at 1016 Bel-Aire Drive S.W.
It has been listed on Realtor.ca for 29 days.
$6M West Springs mega mansion
980 101 Street S.W.
A look at 980 101 Street S.W. in Calgary, Alta. (evergroupcalgary.com)
This 9,032-square-foot-home sits atop a ridge on the western edge of the city and includes almost 10 acres of land.
'This magnificent custom concrete estate home exceeds all expectations,' says the listing.
980 101 Street S.W.
A look at 980 101 Street S.W. in Calgary, Alta. (evergroupcalgary.com)
It has four bedrooms, nine bathrooms and two half-baths.
The concrete castle, built in 2012, also has a home theatre, gym, indoor pool and hot tub, sauna and a five-car garage.
980 101 Street S.W.
A look at 980 101 Street S.W. in Calgary, Alta. (evergroupcalgary.com)
The two-storey home is located at 980 101 St. S.W.
It has been listed on Realtor.ca for 37 days.
980 101 Street S.W.
A look at 980 101 Street S.W. in Calgary, Alta. (evergroupcalgary.com)
- With files from The Canadian Press
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Calgary Herald
3 days ago
- Calgary Herald
Calgary Foundation hits $1 billion grant milestone, celebrates 70th year
Article content 'I love that I get to learn something new every single day about what a charity is doing in this community to solve one of our most urgent problems,' she said. 'There is no end of good that we can do, and there's no end of great effort put on by so many in our community.' Article content Article content Of the thousands of grants the Calgary Foundation gives out, one that Friesen has been most proud to support recently is the Urban Society for Aboriginal Youth (USAY). Article content 'They do the most amazing work with Indigenous youth in the city,' she said. 'We've been funding them in smaller grants for some time, and a while back, we gave them a grant for a feasibility study to build a youth centre. That feasibility study led to a whole lot of funding from levels of government, and they have just opened their youth centre for Indigenous youth in this city.' Article content Much has changed in Calgary over the past 70 years, and Friesen said this year, the focus has been on what the next 70 years will look like, and how the foundation can respond. Article content Article content 'There's a lot of polarization, there's a lot of stress in society. There's a lot of discontent and disagreements,' she said. 'It's often said that a community foundation can be the bridge between differences in a community. Article content 'That's a beautiful statement, and I'd like to use the next several years to figure out what that means and how that happens.' Article content Mayor Jyoti Gondek said she's grateful for the impact the foundation and its many philanthropic contributors have had on the city. Article content 'Reaching the milestone of $1 billion in community grants is a testament to decades of generosity, vision and commitment by Calgarians who believe in lifting each other up,' she said. Article content 'The foundation's impact is felt in every corner of Calgary.' Article content Friesen said if she could solve just one problem in Calgary, it would be the mental health and addictions crisis. Article content 'It is so intertwined with so many factors, and it just seems a hard nut to crack,' she said. 'It's so very evident on the streets in Calgary, and I wish we could solve that.'
CTV News
6 days ago
- CTV News
Inside Calgary's 5 most expensive homes for sale right now (August 2025)
The Calgary Real Estate Board says home sales in the city declined 11.6 per cent in July compared with last year as inventory grew to levels not seen since before the pandemic. The board says 2,099 homes changed hands last month compared with 2,374 sales in July 2024, attributing the decrease to factors such as persistent economic uncertainty due to tariffs, the lack of further reductions in lending rates and added competition from the new home market. There were 3,911 new listings on the market last month, up 8.6 per cent from a year earlier, as the city's inventory reached 6,917 homes for sale — a 66.1 per cent surge. The board says additional supply has weighed on home prices in some parts of the city. The residential benchmark price was $582,900 last month, a 3.9 per cent decrease from July 2024. But CREB chief economist Ann-Marie Lurie says price declines are not occurring across all property types in all locations of the city — with the steepest price drops seen in apartment and row style homes — and 'even where there have been declines, it has not erased all the gains made over the past several years.' Dreaming of owning a lavish new home? Here are the city's five most expensive already-constructed residential homes for sale as of June 2, 2025, according to $13.5M mansion on Crescent Road Calgary home - 732 Crescent Road N.W. Inside 732 Crescent Road N.W. (CIR Realty/Krista Legue) Calgary's most expensive home for sale is a mansion sitting on a prestigious stretch of road in the city's northwest. The 8,700-square-foot home was built in 2022 by Maillot Homes and features six total bedrooms (four above grade and two below), 10 bathrooms and three half-baths. Calgary home - 732 Crescent Road N.W. - bar Inside 732 Crescent Road N.W. (CIR Realty/Krista Legue) The home is on Crescent Road N.W, in the community of Rosedale, and features an unobstructed view of the city's downtown skyline. The outside of the mansion is clad in white Turkish limestone, while the inside was decorated by Julie Lanctot at Paul Lavoie Interior Design, who took inspiration from Alice in Wonderland. Calgary home - 732 Crescent Road N.W. - kitchen Inside 732 Crescent Road N.W. (CIR Realty/Krista Legue) The 2.5-storey home is located at 732 Crescent Road N.W. It has been listed on for 91 days. $7.8M Elbow Park Mansion 714 Riverdale Avenue S.W. - Calgary home for sale A look at 714 Riverdale Avenue S.W. ( Clarke-Davidson) Built in 2009, this 3,343-square-foot home along the Elbow River sits on a tree-lined street close to the bustling downtown core. It has four total bedrooms – one above grade and three below – and five total bathrooms. Designed by architect Mark Burkart and built by Mission Custom Homes, the home features a grand front courtyard with a reflecting pool. 714 Riverdale Avenue S.W. - Calgary home for sale A look at 714 Riverdale Avenue S.W. ( Clarke-Davidson) ( Clarke-Davidson) It has an elevator, 19-foot ceilings in the great room, a limestone fireplace and a 30-foot retractable glass wall that opens to a rear terrace overlooking the Elbow River. The terrace has phantom screens, infrared heaters and built-in speakers that the listing says make it 'perfect for year-round enjoyment.' 714 Riverdale Avenue S.W. - Calgary home for sale A look at 714 Riverdale Avenue S.W. ( Clarke-Davidson) ( Clarke-Davidson) The single-storey home is located at 714 Riverdale Avenue S.W. It has been listed on for 30 days. $7.25M Eagle Ridge bungalow 40 Eagle Ridge Place A look at 40 Eagle Ridge Place S.W. in Calgary. ( This gated home in Eagle Ridge sits on a sprawling double lot. Built in 1971, the home has four above-grade bedrooms and one below grade, plus seven bathrooms. 40 Eagle Ridge Place S.W. A look at 40 Eagle Ridge Place S.W. in Calgary, Alta. ( 'Once you step inside past the hand-chiselled walnut doors, you are greeted by a grand foyer that sets the tone for the splendor that awaits,' states the listing. 'The main rooms are nothing short of magnificent, boasting expansive dimensions and exquisite finishes.' 40 Eagle Ridge Place A look at 40 Eagle Ridge Place S.W. in Calgary. ( The home may be of interest to culinary enthusiasts due to its walk-in cooler, gas cooktop, double ovens and commercial-grade appliances. 'Whether you're hosting a grand gala or preparing an intimate meal for loved ones, this culinary haven is sure to impress.' 40 Eagle Ridge Place S.W. A look at 40 Eagle Ridge Place S.W. in Calgary, Alta. ( The bungalow is located at 40 Eagle Ridge Pl. S.W. It has been listed on for 317 days. $6.5M mansion in Upper Mount Royal 1118 Premier Way SW A look at 1118 Premier Way S.W. in Calgary, Alta. (Mary Lou McCormick homes) This mansion in Upper Mount Royal was built in 2014 and includes five total bedrooms (four above grade and one below grade) and eight total bathrooms (six full and two half-baths). The fully furnished home is 5,098 square feet and, according to the listing on offers 'the ultimate blend of family functionality and elevated entertaining.' 1118 Premier Way SW A look at 1118 Premier Way S.W. in Calgary, Alta. (Mary Lou McCormick homes) 'From the moment you step inside, you're greeted by a dramatic grand staircase set beneath an expansive skylight, flooding the entry with natural light and setting the stage for the architectural elegance found throughout,' states the listing. 1118 Premier Way SW A look at 1118 Premier Way S.W. in Calgary, Alta. (Mary Lou McCormick homes) 'Every space is a masterclass in luxury, designed by renowned interior designer Paul Lavoie and awarded Western Living's Best Home of the Year in 2022.' 1118 Premier Way SW A look at 1118 Premier Way S.W. in Calgary, Alta. (Mary Lou McCormick homes) The two-storey home is located at 1118 Premier Way S.W. It has been listed on for 91 days. $5.99 Bel-Aire estate 1016 Beverley Boulevard SW A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald) Nestled into a 0.30-acre lot, this 5,817-square-foot home is surrounded by the Calgary Golf & Country Club, the Glenmore Reservoir and the Elbow River valley. Built in 2003, it has three bedrooms, seven bathrooms and three half-baths. 'This one-of-a-kind estate offers an unparalleled fusion of modern design, natural elements and masterful craftsmanship,' states the listing. 1016 Beverley Boulevard SW A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald) The home's outdoor lounge is accessible via multiple sliding glass doors and is accented by two six-foot fireplaces. It has an outdoor pool with a power cover and is next to a covered outdoor kitchen. The estate also has as a state-of-the-art home theatre, a gym and yoga studio, a wine wall and a chef's kitchen with high-end cabinetry and top-tier appliances. It also has a heated front driveway. 1016 Beverley Boulevard SW A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald) The two-storey home is located at 1016 Bel-Aire Drive S.W. It has been listed on for 135 days. - With files from The Canadian Press
Calgary Herald
14-08-2025
- Calgary Herald
Chorney-Booth: Kondattam is a pan-Indian dream come true
Article content While many Asian restaurants in Calgary are opting to go more regional these days, Thangavel and Senniappan decided to make Kondattam a pan-Indian affair or, as Sennaippan likes to say, 'from Kashmir to Kanyakumari' or 'K to K,' referencing a popular north-to-south Indian road trip route. The menu is quite large — though, Sennaippan notes, significantly more curated than a typical curry house menu — with selections representing the best of Indian cuisine. You've got snacks like pani puri ($10) balls stuffed with potatoes and green peas; a fried squid appetizer with house masala ($18); ultra-crisp dosas ($10) with plenty of filling options; and five flavours of naan ($3 to $7). Article content Everything on the menu is prepared with great skill and care, but there are some must-try standouts. While Senniappan did put the obligatory butter chicken on the menu, he's pleased that the most popular curry has been the fragrant Kondattam signature curry, made with a blend of 16 spices from the Karaikudi region of Tamil Nadu. The tandoor section of the menu also has some interesting choices, including fresh Atlantic salmon cooked in the charcoal tandoor ($24) and an Alberta sirloin steak ($26) prepared in the tandoor and served in a tomato butter curry. Article content Article content Thangavel and Senniappan aimed high, bringing their dream and spices from halfway around the world. Already almost constantly full of customers, it's turning out to be a dream come true for Calgarians, too. Article content Kondattam is located at 1006 1st St. S.E. in the Upten Apartments building. The restaurant is open Tuesday through Sunday for lunch and dinner and can be reached at 403-453-0078 or through Article content In other food news, knowing where our food comes from is important, which is why agri-tourism is so popular. The annual Open Farm Days takes place this weekend (Aug. 16 and 17), with farms throughout the province welcoming the public to tour their properties and see how the food we enjoy is produced. Pay a visit to well-known operations like Edgar Farms near Innisfail or Spirit Hills flower winery in Millarville, or take a chance and try a new-to-you greenhouse, honey producer, cattle ranch or fresh flower grower. There's a lot to explore: the full list of participants can be found at
