Calgary's 5 most expensive homes for sale right now (June 2025)
The Calgary Real Estate Board says home sales in the city dropped 17 per cent in May compared with last year as economic uncertainty continues to weigh on the housing market, while new listings and inventory were up.
The board says 2,568 homes were sold in May.
CREB chief economist Ann-Marie Lurie says the recent pullback in sales and a build up of inventory have helped shift the market toward balanced conditions and has taken the pressure off prices.
There were 4,842 new listings on the market last month, up 11.6 per cent from a year earlier, as the city's inventory reached 6,740 homes for sale — relatively balanced with 2.6 months of supply.
The board says recent inventory gains have created pockets of the market that are struggling with too much supply, while other areas are seeing low levels of inventory compared with demand, causing divergent home prices.
The residential benchmark price was $589,900 last month, marking a nearly three per cent decrease from May 2024 levels.
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 Realtor.ca:
$13.5M mansion on Crescent Road
Calgary home - 732 Crescent Road N.W.
Inside 732 Crescent Road N.W. (CIR Realty/Krista Legue)
Calgary 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 seated along 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. - living room
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 Realtor.ca for 18 days.
$7.25M Eagle Ridge bungalow
40 Eagle Ridge Place
A look at 40 Eagle Ridge Place S.W. in Calgary. (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
A look at 40 Eagle Ridge Place S.W. in Calgary. (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 S.W.
A look at 40 Eagle Ridge Place S.W. in Calgary, Alta. (Realtor.ca)
The bungalow is located at 40 Eagle Ridge Pl. S.W.
It has been listed on Realtor.ca for 243 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 Realtor.ca, 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 Realtor.ca for 17 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.
1016 Beverley Boulevard SW
A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald)
'This one-of-a-kind estate offers an unparalleled fusion of modern design, natural elements and masterful craftsmanship,' states the listing.
The home's outdoor lounge is accessible via multiple sliding glass doors and is accented by two six-foot fireplaces.
1016 Beverley Boulevard SW
A look at 1016 Beverley Boulevard S.W. in Calgary, Alta. (MLS/Gary Heald)
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 Realtor.ca for 61 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 69 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
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This dividend is eligible for payment in common shares under the Dividend Reinvestment Plan (DRIP) announced by press release May 20, 2020, and available to shareholders who are Canadian residents or residents of countries outside the United States. In order to be eligible to participate in respect of the September 15, 2025 dividend, non-registered shareholders must provide instruction to their brokerage and registered shareholders must provide completed enrollment forms to the transfer agent by August 22, 2025, five business days prior to record date. Stock market purchases made under the DRIP for the September 15, 2025 payment will be satisfied by issuance from treasury at the 5 day volume weighted average price ending at the close of trading the day before payment date. Shareholders who have already provided instruction to be enrolled previously will continue to be enrolled unless they direct otherwise. For more information, please see Altius Minerals Corporation Dividend Reinvestment Plan. Participation in the DRIP is optional and will not impact any cash dividends payable to shareholders who do not elect to participate in the DRIP. The declaration, timing and payment of future dividends will largely depend on the Corporation's financial results as well as other factors. Dividends paid by Altius on its common shares are eligible dividends for Canadian income tax purposes unless otherwise stated. Non-GAAP Financial Measures Management uses the following non-GAAP financial measures: attributable revenue, attributable royalty revenue, adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA), adjusted operating cash flow and adjusted net earnings (loss). Management uses these measures to monitor the financial performance of the Corporation and its operating segments and believes these measures enable investors and analysts to compare the Corporation's financial performance with its competitors and/or evaluate the results of its underlying business. These measures are intended to provide additional information, not to replace International Financial Reporting Standards (IFRS) measures, and do not have a standard definition under IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. As these measures do not have a standardized meaning, they may not be comparable to similar measures provided by other companies. Further information on the composition and usefulness of each non-GAAP financial measure, including reconciliation to their most directly comparable IFRS measures, is included in the non-GAAP financial measures section of our MD&A. Second Quarter 2025 Financial Results Conference Call and Webcast Details Date: August 12, 2025 Time: 9:00 AM EDT Toll Free Dial-In Number: +1-800-717-1738 International Dial-In Number: +1-289-514-5100 Conference Call Title and ID: Altius Minerals Q2 2025 Financial Results, ID 06104 Webcast Link: Q2 2025 Financial Results About Altius Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining, and the S&P/TSX Canadian Dividend Aristocrats indices. Forward-looking information This news release contains forward-looking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Although Altius believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulations.
