Calgaryโs diverse communities offer something for everyone โ from luxury estates and lakeside retreats to walkable urban hubs. In this 2026 guide, weโve curated the top 20 neighbourhoods across multiple lifestyle and investment categories. Whether youโre a first-time buyer, raising a family, downsizing, or seeking a smart investment, these communities stand out for their amenities, value retention, and quality of life.
What Youโll Find in This Guide:
Use the interactive table of contents below to jump to the lifestyle category that matters most to you. Each section lists 3โ5 of Calgaryโs โbest of the bestโ neighbourhoods in that category (20 overall), with detailed analysis of location, amenities, transit, schools, housing prices, HOA fees, and more.
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Calgaryโs luxury neighbourhoods are defined by stately homes, mature streets, and premier locations close to downtown. These areas offer prestige and legacy, often with a mix of historic mansions and modern builds on large lots. Many are in Calgaryโs southwest inner-city, featuring leafy avenues and exclusive amenities.
Long regarded as Calgaryโs most elite address, Upper Mount Royal is a โprestigious historic estate communityโ minutes from downtown[1]. Grand century-old homes and new luxury builds sit on wide, treed lots. Residents enjoy quick access to 17th Avenueโs boutiques and top schools. Despite its central location, Mount Royal is peaceful and private.
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Among the cityโs highest โ estate homes often range from ~$2M up to $5M+, with a few exclusive listings approaching $8โ$10M.
Trendy restaurants and shops in nearby Mission and Beltline; the Glencoe Club (exclusive sports club) is in the vicinity.
Schools: In zone for Western Canada High, one of Calgaryโs top public high schools (offers IB program).
Value: Mount Royalโs luxury market is steady โ fewer sales but very high average prices, reflecting its enduring prestige (homes here hold value and rarely come up for sale).
A small ultra-wealthy enclave adjacent to the Calgary Golf and Country Club. Bel-Aire features quiet cul-de-sacs lined with mansions, many on 1/3 acre lots. Itโs known for its privacy and manicured streets โ truly โopulent and secluded luxury livingโ.
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Proximity to the country club, Elbow River pathways, and Chinook Centre mall.
Schools: Near top-ranking Elboya School (K-9) and a short drive to renowned private schools (Calgary Academy, Strathcona-Tweedsmuir bus route, etc.).
Market Trend: Bel-Aire sees very few listings; properties here often undergo renovations rather than teardowns, preserving long-term value.
Another affluent inner-southwest gem, Britannia offers a mix of mid-century elegance and new builds, perched on bluffs above the Elbow River. It has an upscale village feel โ the boutique Britannia Plaza shopping center is a local landmark.
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~$1M for older bungalows (often land value) up to $4M for custom luxury homes.
The Britannia Plaza offers gourmet markets, cafes, and services, fostering community charm. Riverdale Park and Calgary Golf Club are steps away.
Schools: In zone for Elbow Park School and Western Canada High; also near top private schools.
Note: Britanniaโs established luxury and central location mean strong resale demand. Many homes have seen significant appreciation after luxury renovations (due to limited supply in this coveted pocket).
One of Calgaryโs oldest luxury districts, Elbow Park is known for its historic estates, elm-lined streets, and park-like setting along the Elbow River. Itโs โold-school Calgary luxuryโ with character homes and a timeless prestige.
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~$1Mโ$3M on average, with some riverfront properties higher. Many homes boast extensive renovations or rebuilds after the 2013 flood mitigation improvements.
Amenities: Adjacent to river pathways and close to Marda Loop and 4th Street dining.
Schools: Excellent options โ Elbow Park School and William Reid (French immersion) elementary zones, and walkable to top-rated Earl Grey and Western Canada High.
Market: Elbow Parkโs character and central location ensure โvery highโ long-term value retention. Itโs a slower turnover market โ when an estate here sells, โitโs an eventโ.
For those seeking newer luxury in the suburbs, Aspen Woods in the west hills is a top choice. โOne of Calgaryโs most prestigious SW neighbourhoods, where mountain views meet luxury living just 15 minutes from downtownโ. Development began in the early 2000s, so youโll find modern luxury homes (many with mountain-inspired architecture) plus gated sub-enclaves like Aspen Estates.
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~$900K (for high-end townhomes) up to $3M+ for estate houses.
Amenities: Aspen Landing shopping center (upscale grocer, boutiques), Westside Recreation Centre, and easy access to weekend mountain getaways via Highway 1.
Schools: Near some of Calgaryโs best private schools โ Webber Academy and Rundle College are within or adjacent to Aspen, making it a magnet for high-income families. Public schools are good (Ernest Manning High School for this area).
HOA Fees: Aspen has a Residents Association (~$100/year) for beautification.
Market Trend: Strong โ Aspen and neighbouring Springbank Hill accounted for over 700 luxury $1M+ home sales in the last decade, reflecting their popularity. Out-of-province buyers are drawn to Aspen for its combination of size, modern design, and relative value compared to Vancouver/Toronto.
Looking for privacy, security, or space to spread out? Calgaryโs gated and estate communities provide an exclusive retreat. These range from gated inner-city condo complexes to expansive rural estates on the cityโs edge. Expect larger lot sizes (or acreages), high-end custom builds, and often homeowner associations that maintain private roads or lakes.
Just northwest of city limits lies Bearspaw, a prestigious country residential area. While not gated community-wide, it features estate subdivisions like Watermark at Bearspaw, known for luxury homes on 1/4 to 2-acre lots. Watermark offers beautifully landscaped water features, private walking trails, and some of Calgaryโs most stunning custom homes. Itโs a rural feel, only 5 minutes from NW Calgary.
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Generally $1.2โ$3M range in Watermark (with lots of 0.5+ acres).
Amenities: Panoramic mountain views, quiet nights, and golf courses nearby. A short drive to shopping in Tuscany or Crowfoot.
HOA Fees: ~$225/month in Watermark, covering the private park, ponds, sports courts, and trail maintenance.
Builder Reputation: Top luxury builders (Astoria, Crystal Creek, etc.) created Watermarkโs award-winning homes. Bearspaw as a whole is synonymous with affluent acreage living in Calgary.
An โaward-winning community located just west of Calgaryโ that pioneered estate living. Elbow Valley is a gated-style (limited entrances) community with private lakes, a beach, a clubhouse, and extensive nature trails. Homes are custom estate houses that blend into the rolling landscape.
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Typically $1Mโ$2.5M. Many homes back onto lakes or open green space.
Amenities: Two private lakes for swimming, fishing, and skating; tennis courts; pathways connecting to the Elbow River.
HOA Fees: Approx. $200โ$250/month for common area maintenance, lake facilities, etc.
Lifestyle: Residents enjoy kayaking, canoeing and outdoor adventures right at home โ itโs a haven for nature-loving families. The active residentsโ club hosts community events, fostering a close-knit feel.
(Note: Adjacent Stonepine is a gated sub-community of Elbow Valley with ~72 villa-style and estate homes โ ultra-exclusive with one controlled access road, catering to those seeking maximum privacy)
Within city limits in SW Calgary, The Slopes is a rare gated estate enclave. Perched on the west hill overlooking the Elbow Valley, it contains ~80 estate homes on large lots (some 1-2 acres) with a single guarded gate entry.
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~$1M to $3M. Many homes are bungalow-style or two-storey with panoramic mountain and city views.
Amenities: Seclusion and views are the big draw. Westhills Shopping and Aspen amenities are a 10-minute drive. Residents also enjoy quick escapes to Bragg Creek and Kananaskis.
HOA: Yes, for road maintenance, snow removal, and gate security. This community appeals to those wanting an acreage lifestyle (โtranquillity of country livingโ) with urban convenience minutes away.
Just south of Calgary near Okotoks, Heritage Pointe offers estate living with a private lake and golf course. While not fully gated, itโs a master-planned estate area where many properties have lake access.
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HOA Fees: Tiered; Lake homeowners pay higher fees (~$1,000/yr) for lake maintenance.
Amenities: include the 27-hole Heritage Pointe Golf Club, the Lakehouse recreational facility, and pathways. This community is prized for estate homes with backyards onto water or greens, attracting retirees and executives. Itโs a serene alternative to city living, with Calgary a short commute away.
Tip: Gated/estate communities often have higher HOA fees and unique rules (for architecture, fencing, etc.). They trade off walkability for privacy. If you value a โsecluded luxury livingโ experience โ say, a home with a private wooded yard or backing onto a pond โ these communities are ideal. Just keep in mind that estate areas usually require a car for errands, and commute times can be longer.
Calgaryโs booming population and relatively affordable prices (compared to Toronto/Vancouver) make it a magnet for first-time buyers. The best starter-home neighbourhoods offer entry-level pricing, newer homes, and growth potential. Look for areas with developing amenities, decent transit, and strong community vibes. Here are some top picks for 2026:
One of Calgaryโs most affordable newer neighbourhoods, popular among first-time buyers for its modern starter homes and condos. Why Itโs Great: โNewer homes and modern layoutsโ at lower price points. You can find townhomes and detached houses well under the cityโs average price.
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Average Home Price: โ $475,000 for detached (2025), with condos in the low $200s.
Amenities: Close to YYC Airport and major routes (Deerfoot & Stoney Trail) โ convenient for logistics and travel. Nearby shopping at CrossIron Mills and local plazas for daily needs. A new C-train (LRT) extension is planned to serve this NE area in the coming years, which could boost transit access.
Community: Young and multicultural. Skyview has new schools (elementary opened recently) and plenty of playgrounds.
Growth Potential: High โ the northeast is seeing continued development, and as infrastructure builds out, property values in Skyview/Redstone are expected to rise (it saw nearly 50% 1-year price growth recently due to demand for affordable homes).
A master-planned community in the far south, Legacy is known for its affordability and design.
Why Itโs Great: It offers a wide variety of home styles/prices (condos, townhouses, detached) in a beautiful suburban setting.
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Average Price: ~$500,000 for detached; condos from low $200s.
Amenities: Legacy has 300 acres of green space, including environmental reserves and paths. A new high school opened, and local shops are at Legacy Village. Itโs adjacent to the Township shopping center and a short drive to Setonโs big retail/health complex.
Transit: Express bus routes now, future LRT planned along McLeod Trail corridor.
Builder Reputation: Brookfield and Jayman built many homes, known for quality starter homes.
Resale Trend: Positive โ as Legacy matures and commercial amenities are completed, values have been steadily increasing (annual appreciation ~5โ8%).
For many first-timers, Calgaryโs surrounding towns offer more bang for buck. Airdrie, just 15 minutes north, has exploded in population.
Why Itโs Great: Small-city vibe with lower home prices and new development.
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Home Prices: ~20% cheaper than Calgary on average โ 2025 median around $440,000 for detached. You can get a new 3-bed home in the $500s that might cost $650K+ in Calgary.
Amenities: Airdrie has everything โ schools, Genesis Place rec center, big-box stores, and a quaint Main Street. Itโs a young community with lots of kids and family activities.
Transit: Many commute to Calgary; thereโs a commuter bus and quick access to Highway 2.
Growth Potential: High โ Airdrie saw huge appreciation post-2020 (double-digit % increases) as remote work and affordability drew buyers. Continued commercial growth and planned regional transit keep Airdrie attractive for entry-level buyers who donโt mind a short commute for more house.
Wait, isnโt Mahogany a luxury lake community? Yes, but it also cleverly offers โaffordable condos and townhousesโ that let first-time buyers enjoy the lake lifestyle.
Example: One-bedroom condos start in the mid $200s, and townhomes in the low $400s โ all while giving owners access to Calgaryโs largest lake. First-timers here benefit from long-term value: as they build equity, they could later move up to a detached home in the same community. Plus, Mahoganyโs proximity to the new Seton Urban District (with South Health Campus Hospital, shops, theatre) signals strong value appreciation.
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HOA: ~$500/year (for lake amenities) โ well worth it if you use the beach, clubhouse, etc.
Insider Tip: Mahoganyโs condos are popular with young professionals; the upcoming Green Line LRT will have a station nearby in the future[2, further boosting convenience.
Pro-Tip for First-Time Buyers: Focus on affordability AND growth. Neighbourhoods with new infrastructure (schools, commercial centers, future transit) can see higher property value appreciation. For example, Evanston (NW) rapidly developed new schools and shops, driving demand. In the southeast, Seton is up-and-coming: condos average only ~$350K[3 in a walkable โdowntown Southโ setting, near the hospital and future LRT. These areas might be slightly further out, but youโre buying into Calgaryโs future hotspots. And donโt forget older affordable areas (like Dover or Abbeydale in east Calgary) โ theyโre less flashy but have seen prices jump as investors and buyers recognize their value (e.g. Abbeydaleโs benchmark up 49% year-over-year, one of Calgaryโs highest). Buying in a rebounding neighbourhood can be a savvy long-term play if youโre willing to put in some sweat equity.
For families prioritizing safety, schools, parks, and a strong community, Calgary offers many superb neighbourhoods โ both within city limits and in surrounding towns. These areas typically feature larger homes, plenty of green space, and family-friendly programming. Here are some of the best for 2026.
A perennially popular family suburb, Tuscany is almost a โtown within a city.โ Itโs known for excellent schools, abundant parks, and a tight-knit feel.
Why Families Love It: Tuscany has three schools (K-9) within the community, including highly-regarded Tuscany Elementary. Kids can walk or bike to school through safe pathways. The Tuscany Club (HOA facility) offers skating, a splash park, courts, and year-round activities exclusively for residents.
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Predominantly single-family houses with attached garages, plus some townhomes โ many with mountain views. Streets are often quiet cul-de-sacs. Amenities: Several shopping plazas and quick access to nature at nearby Twelve Mile Coulee and Bow River pathways.
Notable: Tuscanyโs family orientation and self-contained amenities have made it one of Calgaryโs โBest Neighbourhoodsโ in past rankings. Homes hold their value well, and resales are brisk, thanks to demand from young families each year.
An upscale suburban area on the west side that has become a โfamily utopiaโ for many. West Springs (and adjoining Cougar Ridge) offer newer homes (many built 2000โ2015) and are packed with families.
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Mix of high-end single-family (some in gated sub-enclaves like Springbank Hillโs Spring Valley) and townhomes. Many homes have mountain or valley views.
Schools: Some of the cityโs top public schools are here โ e.g. West Springs School (K-4) and West Ridge (5-9) โ plus direct pathways to Western Canada High (one of Calgaryโs best). Private school options are unparalleled: elite Webber Academy and Rundle College are minutes away.
Amenities: Easy shopping at the West 85th retail district (grocery, cafes, Montessori, etc.). The Westside Rec Centre offers pool, rinks, and more for kidsโ activities.
Community: Very active โ block parties, community sports, and parent networks are strong. The area has a reputation for being safe and well-kept, with plenty of playgrounds.
Value: West Springs home prices are higher than the city average (detached often $800kโ$1.3M), but buyers pay for the location and schools. Despite a larger supply of new homes, resale has been stable with modest appreciation, and it was among Calgaryโs top areas for $1M+ sales in the past decade.
An established 1960s neighbourhood that remains hugely desirable for families because of its school options and central location. Brentwood was even rated Calgaryโs #1 neighbourhood by Avenue Magazine in recent years, thanks to its balance of schools, transit, and amenities.
Primarily bungalows and split-levels on large lots (some beautifully renovated). These allow for big backyards and quiet streets โ ideal for playing outside
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Schools: Itโs home to Sir Winston Churchill High, consistently one of Calgaryโs top academic high schools. Several elementary schools (including Mandarin bilingual and Catholic options) serve the area. Being adjacent to the University of Calgary and Research Park also creates an โacademicโ vibe. .
Amenities: Brentwood has its own LRT station and is next to two major malls (Northland and Market Mall). The library, swimming pools, and hockey arenas โ all are a short drive or train ride.
Community: Many residents have been here for decades, giving it a stable community feel. Parks like Nose Hill (huge natural park) and Brenner Park are family favourites.
Market: Brentwoodโs combination of location + top schools means homes here sell quickly. Itโs seen very strong price growth and low vacancy โ truly a family investment that retains value.
Just 15 minutes south of the city, Okotoks is a thriving town thatโs perfect for families seeking a small-town atmosphere. Many Calgary families move here for a bit more space or affordability while still commuting to the city.
What It Offers: Excellent recreational facilities (Okotoks has a large rec centre, spray parks, sports fields), highly rated schools (the Foothills School Division schools here often outperform on provincial tests), and a historic downtown with shops and cafes. Events like parades, farmers’ markets, and festivals create a tight-knit community spirit.
Everything from new subdivisions (with modern family homes in the $500kโ$700k range) to acreages. Lots tend to be larger than Calgaryโs, and kids can often walk to neighbourhood schools.
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Lifestyle: Safe and friendly โ kids bike freely, and neighbours know each other. Okotoks also boasts the Sheep River running through town with walking/biking trails and picnic spots.
Insider Note: Okotoksโ population is ~30k and growing โ itโs self-sufficient, so youโre not โstuckโ if Calgary has another big snowstorm or road closure. Many families find the quality of life (and short drives everywhere) well worth the commute. Real estate values have been steadily rising, but it remains more affordable than equivalent Calgary suburbs.
A newer community bordering Fish Creek Provincial Park, Evergreen is โperfect for families seeking newer homes and schools with modern facilitiesโ. It offers a suburban environment with the bonus of Calgaryโs largest park in its backyard.
Built mostly in the 2000s, with contemporary layouts (open concept, bonus rooms) and an average price around $630K. Many streets end in cul-de-sacs or loop around parks.
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Parks & Recreation: Direct access to Fish Creek Park means endless biking, hiking, and nature exploration for kids โ a major plus. Within Evergreen, numerous playgrounds and fields make it easy for kids to play close to home.
Schools: Evergreen Elementary and Marshall Springs Middle are well-regarded (modern facilities, good programs). High school students go to nearby Dr. E.P. Scarlett or Henry Wise Wood (both excellent academics).
Amenities: Shawnessy Towne Centre (big retail area) is 5 minutes away, and the Green Line LRT extension will eventually improve transit to this area.
Why It Stands Out: Many families choose Evergreen for its combination of โnewer infrastructure, family-oriented community, and proximity to natureโ. It truly offers the best of suburban comfort and outdoor adventure for an active family lifestyle.
Even if you donโt have school-aged kids, buying in a top school district can boost your homeโs resale value. Families pay a premium to be near high-ranking schools, which often creates stable or appreciating real estate. Calgaryโs best school zones span various neighbourhoods โ here are a few standouts:
High School: Western Canada High School (designated via one of the areaโs junior highs) โ one of Calgaryโs most prestigious public high schools, known for its International Baccalaureate (IB) program and academic excellence. Living in West Springs gives you access to that, plus the top-tier private schools nearby (Webber, Rundle).
Why Itโs Great: Newer homes, family amenities, and a safe community complement the academic appeal.
Elementary/Jr High: Several highly-rated schools (public West Springs & West Ridge, plus Catholic St. Joan of Arc). Parents love that kids can walk/bike to modern schools within the community. The areaโs affluence also means strong school fundraising and resources.
Bonus: West Springsโ excellent resale and high demand are partially driven by these school draws โ homes here tend to sell faster in spring as families aim to settle before September.
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High School: Sir Winston Churchill High โ consistently top-ranked in Calgary for academics and athletics, making Brentwood and Varsity very sought-after. These communities also have multiple well-regarded elementary schools (Captain John Palliser, Dr. E.W. Coffin) and are adjacent to the University of Calgary (great for future prospects and a learning culture).
Why Itโs Great: Families in Brentwood/Varsity enjoy a rare combo: walkable access to schools from K through university. Varsity Estates area even offers luxury homes by a golf course for those seeking prestige with the school benefits.
Academic Reputation: Churchill High offers the full IB program and has sent graduates to top universities for decades. Elementary programs in the area include French Immersion and GATE (gifted) streams โ a big plus for academically minded parents.
Houses here (mostly mid-century) see fierce competition when listed, precisely because long-term buyers (including professors and doctors wanting the school/university proximity) target this area. Itโs an โanchorโ neighbourhood for stable value.
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Schools: Altadore School (K-6) is a highly-rated elementary, and the community is also in zone for Mount Royal School (7-9) โ both are well regarded. Nearby Central Memorial High offers sought-after specialty programs (like National Sport Academy, performing arts).
Lifestyle + Schools: Altadore uniquely blends a trendy inner-city lifestyle (Marda Loop cafes, River Park off-leash, etc.) with great schools, so families donโt have to sacrifice urban amenities for education. Garrison Woods, a section of Altadore redeveloped from a former military base, has its own charm and safe streets โ and shares the same school access.
Whatโs Notable: Many younger families are choosing Altadore for its walkability and then staying for the schools, reversing the old trend of moving to suburbs. The community has become a โnew-age family hubโ โ think strollers in boutique coffee shops โ and home prices (around $800kโ$1.5M for new infills) reflect that strong demand. As one local put it, Altadore gives โgreat education without giving up the urban vibeโ, which is a rare combo.
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Schools: Not only do these areas have decent public schools, but they are also ground zero for Calgaryโs top private schools. Within a few kilometres you find Webber Academy, Rundle College, Calgary Academy, and Ernest Manning High (public, strong academics). Many affluent families purchase homes here specifically for proximity to these schools.
Environment: These neighbourhoods are upscale and family-oriented, so even the public schools benefit from engaged parents and ample resources.
Aspen Woods, in particular, features luxury family homes and was designed with families in mind (playgrounds, low-traffic streets). It remains one of the โpremier southwest neighbourhoodsโ for discerning homebuyers, partly because they know the resale market is buoyed by school-seeking buyers each year.
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Long-Term Value: Being in this school zone is almost a guarantee of a broad buyer pool if you sell โ even buyers without kids recognize the cachet of the area. This contributes to strong price floors; even if the wider market softens, Aspen/Springbank Hill homes tend to hold value better.
The west side isnโt the only place with good schools โ Calgaryโs SE has hidden gems.
Schools: McKenzie Highlands School (K-9) and Dr. Martha Cohen School (K-9) serve these communities and have been climbing in provincial rankings. They offer new facilities and innovative programs without the hefty real estate price tag of the west side.
Who Itโs For: Families or first-time move-up buyers who want quality education in a more affordable neighbourhood. Homes in McKenzie Towne (charming, Victorian-inspired community) and New Brighton (newer, with a rec center) average in the $400s-$500s โ significantly less than west Calgary.
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Outlook:As these schools gain recognition, expect more families to consider Calgaryโs southeast, boosting home values. Already, weโve seen more competition for homes here as word of the โbang for your buckโ (good schools + lower prices) spreads.
Benefits: Strong community involvement in schools, a safe suburban feel, and lots of young families. High school is the brand new Joane Cardinal-Schubert High in nearby Seton, which is quickly developing an excellent academic and arts reputation.
Keep in Mind: School rankings can change, but as of 2025/26, these zones are very desirable.
Even child-free homeowners benefit: homes near top schools tend to appreciate faster and sell quicker on average. When evaluating a home, consider the entire education pipeline (elementary through high school). A neighbourhood like Signal Hill, for example, gives access to multiple good schools (Battalion Park Elem., A.E. Cross Jr., Ernest Manning High) and also saw property values boosted by that reputation. Investing in a home in a top school district is as much about securing your assetโs future value as it is about report cards and graduations.
Master-planned communities are those designed from the ground up with a cohesive vision โ often including mixed housing types, extensive amenities, and employment or retail nodes. Calgaryโs newer developments exemplify this trend, offering residents a convenient โcity within a cityโ experience. These are ideal if you value modern infrastructure, walkability, and a strong neighbourhood identity.
Billed as Calgaryโs โSouth Urban District,โ Seton is a modern master-planned area that feels like a new downtown in the suburbs.
Whatโs in Seton: The South Health Campus Hospital (a major hospital and employer), a large YMCA and public library, a cineplex, grocery and big-box stores, and the under-construction Seton Retail District โ all integrated into the community.
Affordable condos (from mid $200s) and townhomes, with some single-family in adjacent Auburn Bay/Rangeview.
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Design: Itโs very walkable by suburban standards โ designed so you can live, work, and play without leaving the area. Bike paths and the future LRT (Green Line) will further connect Seton.
Lifestyle: Young professionals and hospital staff love it โ you can walk to work or happy hour. As Setonโs development completes (more shops, possibly a future post-secondary satellite campus), itโs poised for significant appreciation. Itโs โpoised for significant growth with ongoing commercial and residential developmentsโ โ a good place to invest early.
A large master-planned community in Calgaryโs north central corridor, set to be home for ~30,000 people eventually.
Features: Livingston boasts a huge homeowners association center (Livingston Hub) with a skating rink, splash park, banquet hall, and gymnasium โ all for residents. Itโs like having a private rec center.
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A mix of detached (starting high $400s), townhomes, duplexes, and some apartments, many geared to first and second-time buyers.
Planned Amenities: A future town centre with shops and possibly a high school, plus the Green Line LRT will eventually serve the area (Keystone station).
Community Vibe: Very new and vibrant โ lots of young families and professionals. Neighbours meet at community events and through the active HOA programming.
Why It Stands Out: Itโs one of Calgaryโs few master-planned areas in the north (many are south), so itโs drawing a lot of interest.
Builder Reputation: Led by Brookfield Residential โ known for thoughtful community design (plenty of parks, storm pond pathways, etc.). As infrastructure (like the 40th Ave interchange to Deerfoot) gets completed, Livingston will become even more accessible, likely boosting home demand and prices.
A unique master-planned redevelopment of a former Canadian Forces base right in the inner city. Currie (formerly Currie Barracks) combines modern mixed-use design with heritage touches, just 10 minutes from downtown.
Whatโs Cool: Streets named after military history, restored drill hall as an event space, and high-end new homes with classic architecture.
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Upscale โ from luxury single homes (some over $1M) to townhomes and condos. Itโs one of the few places in the inner city you can buy a newly-built house on a decent-sized lot.
Amenities: Being planned as an โurban villageโ โ already home to Mount Royal University (just outside Currie), parks, and business campuses (some major companiesโ head offices). Future plans include a high street with shops and possibly a boutique hotel.
Walkability: High โ once fully built out, residents can walk to get groceries, coffee, and enjoy plentiful green spaces.
Market Outlook: Currie appeals to downsizers from Mount Royal as well as young, affluent families โ a diverse buyer mix that has kept sales strong. Itโs a long-term project, but as phases are completed, property values have been rising steadily. Buying in Currie is like buying into future prime real estate, given its location and design.
Just outside Calgary to the west, Harmony is a master-planned lake and golf community offering a luxury lifestyle. Itโs notable as the home of the Mickelson National Golf Club and two large man-made lakes.
Higher-end single-family and estate homes (many $800k+), plus some villa bungalows aimed at downsizers. Lot sizes are generous.
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Lifestyle: Itโs essentially a resort village โ residents have lake access (beaches, boating), a future commercial village center, and the championship golf course in their backyard. Many who choose Harmony want a balance of country tranquillity and world-class recreation.
Commute: ~25 minutes to downtown Calgary, so more feasible for those who work flexibly or retired professionals.
Why Itโs Master-Planned: Everything in Harmony was carefully zoned โ from lake placement to trail networks. Itโs also the 2022 Community of the Year (Calgary region) for its design.
Insider Info: The Costco at nearby Springbank is in the works, which will add convenience. Harmonyโs long-term plan includes schools and possibly a business park, making it a self-sustaining hamlet. If youโre seeking a โfour-season lifestyle communityโ with a luxury tilt, Harmony is unparalleled in the Calgary area.
One of Calgaryโs original master-planned suburbs (early 2000s), it remains a case study in good community design.
Design Theme: Neo-traditional, with a central High Street modelled after a small town main street (shops, pub, grocery, church โ all walkable).
Sub-areas: Inverness (with a big pond and vintage-style homes), Prestwick, and Elgin each have distinct styles and parks.
Why Families & Retirees Like It: Itโs very walkable for a suburb โ you can stroll to coffee or the kidsโ school. Lots of front porches and tree-lined boulevards encourage neighbourly interaction.
Amenities: Besides High Street, thereโs a large splash park, skate park, and tons of playgrounds. The community runs programs out of McKenzie Towne Hall (the HOA facility).
Wide mix โ apartments (low $200s), starter homes (laned homes from mid-$400s), move-up homes with garages ($500s-$600s), and seniors residences. This diversity means a true multi-generational feel.
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Market isย Steady โ McKenzie Towne has matured nicely. Itโs still more affordable than west-side equivalents, while offering similar perks. According to local realtors, homes here hold value well due to the enduring appeal of the High Street and community design (it doesnโt feel โcookie-cutterโ). Investors also like it for rental demand from young families.
In master-planned communities, HOA fees are common. For example, Setonโs condos have maintenance fees (as any condo would) but no master HOA, whereas Legacy and Livingston have nominal yearly RA fees for upkeep of parks. Always check whatโs included: some communities (like Mahogany or Harmony) have higher fees because they maintain lakes and extensive amenities โ e.g. lake community HOAs in Calgary typically range $250โ$600/year[. In return, you get an enriched lifestyle that can boost property values (who wouldnโt pay a premium to live near a lake or have a private rec center?). Master-planned means predictability โ you know what the area will look like when built out, which can provide confidence in your investment.
Calgarians love their lake communities โ suburban oases where residents enjoy swimming, boating, and beach time in the summer and skating or ice-fishing in winter, right in their neighbourhood. These communities, mostly in the south and northwest, combine recreation with real estate value: homes around lakes tend to retain demand due to the unique lifestyle. Here are the top lake communities as of 2026.
Mahogany is Calgaryโs largest lake community and a consistent top pick.
Lake & Amenities: 63-acre freshwater lake (Calgaryโs biggest) with 21 acres of beaches โ a massive draw for families. Residents have two private beach sites, complete with playgrounds, BBQ areas, and beach clubs. Year-round activities abound: beach volleyball leagues, kayaking and paddleboarding, winter hockey on the cleared ice rinks, you name it.
Community Design: Mahogany also has extensive wetlands (74 acres naturalized with 22 km of pathways) and a vibrant Village Market for shopping/dinin. A new high school is planned, and the future Green Line LRT will have a station a short walk away.
Wide range โ condos from $250k, up to estate homes on Mahogany Island (a gated island enclave in the lake) exceeding $2M. This mix means a diverse community, but all share the lake access via the HOA.
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Mahogany properties have shown excellent appreciation due to Mahogany’s popularity and still-expanding amenities. In 2025, it was named one of Calgaryโs Best Neighbourhoods. The lifestyle is so compelling that it attracts everyone from young families to active retirees (thereโs even a resort-style seniors residence on the lake). If you want an โall-in-oneโ suburban paradise, Mahogany is hard to beat.
The original Calgary lake community (est. 1967) โ and still one of the most desirable. Lake Bonavista set the standard with its 52-acre lake and park space. Itโs a mature neighbourhood with towering trees and a strong community association.
Mostly 1970s single-family homes, many beautifully renovated. Prices range from ~$700k for entry-level up to $2M+ for lakefront estates (rarely available).
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Lake Life: Two beaches (north and south) for residents only, staffed in summer. Activities include swimming, fishing (stocked with trout), tennis courts, and summer camps for kids at the lake lodge. In winter, thereโs skating with hot chocolate shacks โ a magical community vibe.
Schools: Excellent, including Andrew Sibbald Elementary and Nickle Middle right in the neighbourhood, plus nearby Dr. E.P. Scarlett High (one of Calgaryโs top academic high schools).
Why It Endures: Lake Bonavista is often cited as one of Calgaryโs most family-friendly areas โ safe, active, and with that rare cottage-like amenity in an urban setting. According to local data, lakefront homes here average ~$2.6M3, and even non-lake homes command a premium because of lake access.
HOA fees: ~$310/year are a small price for maintaining the beaches and facilities. The community feel is so strong that many who grew up here return to raise their own kids. Itโs truly timeless.
The only lake community in Calgaryโs northwest, Arbour Lake offers lakeside living with a mountain view twist.
Lake & Community: A 10-acre lake for residents provides swimming, boating (paddleboats, etc.), and a beach in summer. In winter, residents enjoy skating and ice fishing. Arbour Lake is also nestled on a hill, giving many homes panoramic views of the Rockies.
Mix of 1990s-2000s homes, townhomes, and a few condos. Itโs more affordable than southern lake communities โ detached homes average ~$650k, with some lakefronts around $1.2M.
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Amenities: Excellent โ the community is walking distance to Crowfoot Centre (major shopping/movie theatre/library) and has an LRT station at Crowfoot, making downtown commutes easy. Schools include Arbour Lake School (K-9) right in the neighbourhood, and Robert Thirsk High nearby.
Fun Fact: Arbour Lake has repeatedly won awards in Calgary for being a top community, largely due to resident satisfaction. Itโs noted as โthe perfect location for active lifestylesโ with its trails and easy lake access.
Value: Strong โ being the only NW lake, demand is always there. Even as the community ages, updates to the lake amenities (new playgrounds, sand refresh, etc.) keep it attractive. If you want lake life in the north, Arbour Lake is basically your option โ and itโs a good one.
For a full lake you can boat on, Chestermere is the answer. This small city of ~20,000 bordering Calgary was built around Chestermere Lake โ a 4.8 km long man-made reservoir.
Here, you get a suburban life with a true cottage vibe โ many homes back right onto the lake and have docks. Boating (powerboats, water skiing), wakeboarding, and sailing are popular in summer; winter brings ice fishing and snowmobiling on the frozen lake.
Lakefront homes range widely ($1Mโ$2.5M depending on size/lot). Off-lake, Chestermere has plenty of newer subdivisions with prices often ~10% lower than similar Calgary homes.
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Amenities: Chestermere has its own shops, restaurants, golf course, and schools (Chestermere High is well-regarded). Many residents commute to Calgary (downtown ~25 minutes drive).
HOA: No city-wide fee, but lakefront owners belong to the Chestermere Lake Users Association for lake upkeep (fee ~$200/yr).
Why Choose It: If watersports and a larger lake experience are your dream, Chestermere offers that while still being an easy drive to Calgary jobs. It essentially turns โgoing to the lakeโ into an everyday occurrence rather than a weekend getaway. Real estate here has seen solid appreciation as the city grows, and Calgaryโs expansion (new east Calgary developments and ring road completion) makes Chestermere more integrated than ever.
Other Notable Mentions: Midnapore, McKenzie Lake, Auburn Bay, Chaparral, and Sundance are all excellent lake communities in south Calgary, each with its own charm (Midnapore/Sundance are more established; Auburn Bay is newer and adjacent to Mahogany). Each features a private lake ~30-43 acres[2] and similar HOA structures. No matter which you pick, lake communities provide a four-season recreational advantage โ a major reason these areas generally see stable demand. As one resident aptly said: living in a lake community โturns everyday life into a permanent vacationโ โ an appealing prospect driving many 2026 buyers.
Calgary may be known as a car-centric city, but it also boasts pockets of high walkability โ especially in the inner city โ and a network of C-Train (LRT) lines that make certain neighbourhoods transit havens. For those who want an urban lifestyle (think cafรฉs, boutiques, and short commutes) or simply to ditch long drives, these communities are ideal.
Calgaryโs Beltline, directly south of downtown, is the walkable hub โ often compared to Vancouverโs Yaletown or Torontoโs King West. It encompasses vibrant 17th Avenue SW (the Red Mile) with endless restaurants, bars, and shops. Walk Score here is among the highest in the city (in some parts โWalkerโs Paradiseโ).
Amenities: Virtually everything โ grocery stores, gyms, clinics, parks (Central Memorial Park is a lovely historic park in the Beltline). Itโs also home to emerging arts and culture (the Beltline hosts frequent street festivals and the famous Stampede parade runs along 6th Street).
Transit: Dozens of bus routes and walkable to Downtown LRT stations (Victoria Park/Stampede or 8th Street). Cycling infrastructure is strong too (many bike lanes).
Who Lives Here: Young professionals, downsizers, and anyone who loves city energy. Downsizers especially enjoy trading high-maintenance suburban homes for convenient condo living here.
Mostly condos and apartments, with some townhomes and heritage houses. Prices from ~$250k (older condos) to $800k+ (luxury high-rises like The Royal).
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Note: Beltline condos had a softer market in the late 2010s but saw a revival as downtown employment recovered โ making 2026 a potentially good time to snag a deal before prices climb further. Rental demand is always high here, which also attracts investors.
Arguably Calgaryโs most beloved urban village, Kensington spans parts of Hillhurst and Sunnyside just north of downtown. It offers a trendy, walkable scene with indie bookstores, cafรฉs, pubs, and boutiques.
As far as Vibe is concerned, think weekend farmers markets, street buskers, and patio brunches.
Amenities: Besides shopping and dining, the area is steps from the Bow River pathways and Peace Bridge, providing easy cycling/walking into downtown. Schools and parks (Riley Park with its rose garden and cricket pitch) add to the livability for families and singles alike. Sunnyside also has a community greenhouse and a strong community association.
Walk Score: Excellent โ errands can be done on foot (grocery, pharmacy, gym, all local). Voted one of Calgaryโs best neighbourhoods often, Kensington offers that rare โsmall-town in the big cityโ feel.
Transit: Sunnyside LRT Station anchors the area โ you can be downtown in 5 minutes by train. Many residents donโt bother owning cars.
A mix โ century-old homes on tree-lined streets in Hillhurst, low-rise condos and newer mid-rises in the heart of Kensington. Average detached home prices ~$800k (many updated heritage houses); condos $300kโ$600k.
Just across the Bow River from downtown, Bridgeland has transformed from historic โLittle Italyโ into a hip, walkable community while retaining its charm.
Highlights: Trendy eateries (Bridgeland Market, sushi bars, gelato shops), quaint vintage homes alongside modern infills and condo buildings.
Walkability: Very high โ you can stroll to downtown via pedestrian bridge, and the Bridgeland/Memorial LRT station sits at the west edge, making commuting a breeze.
Amenities: Bridgeland has its own mini โMain Streetโ along 1st Ave NE with shops and services. The Calgary Zoo and Telus Spark Science Centre are next door, fantastic for family outings. Also abundant green space: nearby Tom Campbellโs Hill offers off-leash dog walks with skyline views.
Transit/Access: Besides LRT, major roads like Edmonton Trail and Memorial Drive make it easy to get around.
Mix of older war-era bungalows (some renovated), new infill houses ($900k+), and condos (like Radius, LUSSO) in the $300kโ$700k range. Because of the mix, the community attracts young professionals, families (playgrounds and a splash park are present), and downsizers.
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Bridgeland has seen significant gentrification in the last 15 years, with property values rising accordingly. It remains a hot spot โ new projects (like the Multi-generational housing initiative and planned streetcar in future) keep it on the upswing.
Calgaryโs oldest neighbourhood, Inglewood, is a cultural hotspot known for music venues, craft breweries, and eclectic shops โ recently named Canadaโs โGreatest Communityโ in 2014. It has a funky, artsy vibe with historic buildings along 9th Avenue SE (Inglewoodโs main street).
Walkability: High โ one can spend all day walking Inglewoodโs shops (record stores, antique shops, designer boutiques), then hit the river pathway or Inglewood Bird Sanctuary nearby. While not on an LRT line yet, itโs fairly central; the future Green Line LRT will add a station here, increasing transit options.
Why Live Here: Inglewood is for those who appreciate character and community spirit. Thereโs an Inglewood Night Market in summer, live music at The Blues Can or Ironwood nightly, and a very engaged community association. Despite being an inner-city, it feels like a village with a quirky streak.
Many heritage homes (some beautifully restored Victorians), mixed with a wave of modern infills and a few condo loft projects (the Brewery Lofts, etc.). Prices vary widely: character homes ~$600kโ$900k; infills $900k+; condos $300k+.
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Itโs been a star performer โ Inglewood home values have climbed as the area became a destination. The upcoming Green Line and continuous improvements (streetscaping, new restaurants) signal that Inglewoodโs appeal โ and property values โ will likely continue to grow. Plus, its proximity to downtown (you can bike to the core in 10 minutes) makes it attractive to professionals who want a short commute with a vibrant local scene.
A newcomer to the scene, University District (UD) is a compact master-planned area next to the University of Calgary and the Childrenโs Hospital. Itโs designed for walkability and urban feel despite being in the NW.
Features: A pedestrian-friendly main street (University Ave) with trendy eateries (OEB Breakfast, Village Ice Cream), a cineplex, grocery, and more โ all within walking distance to the modern condos and senior residences in the district.
Transit: 5-10 minute walk to two LRT stations (Brentwood or University) connecting to downtown and beyond. Also well-served by bus routes.
Why Itโs Special: Itโs one of the few places in NW where you can live car-free comfortably. Beautiful parks (including one with a reflection pond and dog park) are integrated, and itโs next to the huge Market Mall and university campus for additional amenities.
Community: Still growing, but already fostering a close-knit vibe through events like outdoor movies and night markets. UD is proof Calgary is embracing denser, walkable development outside the core. For 2026 buyers, it offers a rare chance to buy new in an established part of town and enjoy a turn-key urban lifestyle with none of the downtown noise. As itโs built out, expect values to rise โ youโre buying into a vision of a vibrant, self-contained community much like a mini-Beltline in the northwest.
Currently, condos and rental apartments (e.g. Noble, August buildings) โ appealing to young professionals, students, and downsizers from nearby Varsity. Price mid $300Ks and up.
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Note: Other great walkable areas include Mission/Cliff Bungalow (trendy 4th Street SW dining and Repsol sport centre access), East Village (hip new condos near the Bow River and downtown library, extremely walkable), and emerging transit-oriented hubs like Westbrook (SW Calgary, with shopping and LRT). When considering walkability, check Walk Scores and transit maps.
For instance, Beltlineโs Walk Score ~90+ and Sunnysideโs ~83 are top-tier for Calgary. Living near an LRT can significantly improve commute quality and resale desirability. As Calgary expands the LRT (Green Line underway), neighbourhoods like Ramsay, Ogden, and North Pointe will become more transit-accessible, likely boosting their profile among buyers who prioritize connectivity.
When the kids are gone, and maintenance-heavy homes lose their appeal, many empty-nesters seek communities that offer convenience, leisure, and low upkeep โ without sacrificing lifestyle. Calgary has several areas known to attract downsizers and active seniors, featuring amenities like nearby shopping, medical facilities, and housing options like bungalows or condos with elevators. Here are the top choices:
Itโs not only a family haven; Lake Bonavista also entices downsizers who want to stay in a familiar area but with less house to maintain. The community has several villa bungalow developments and adult-only condos (e.g. Bonavista Estates) that cater to empty-nesters. Downsizers love that they โget access to a private lake, mature trees, and a mix of single-level homes and well-maintained condosโ in Lake Bonavista. Daily needs are met with Avenida and SouthCentre Mall close by, and the communityโs strong security and neighbourhood watch provide peace of mind.
Many residents simply move to a smaller home within Lake Bonavista rather than leave โ testament to its appeal at all life stages. And should they eventually sell, the property values remain strong due to broad buyer demand for the area.
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Adjacent to the University and two hospitals (Foothills & Childrenโs), Varsity is a prime spot for retirees and downsizers who want access to healthcare and shopping. Itโs โclose to hospitals, shopping, and transit โ ideal for retirees or professionals who want accessibility without sacrificing prestigeโ.
Varsityโs housing includes Varsity Estates (higher-end bungalows, many original owners now).
Varsity (NW Calgary) is Adjacent to the University of Calgary and two major hospitals (Foothills & Childrenโs), Varsity is a prime spot for retirees and downsizers seeking convenience. Itโs โideal for those who want accessibility without sacrificing prestige,โ offering proximity to health care, shopping, and transit.Varsity Centre and Market Mall provide one-level shopping (including grocery and services), and the community has many bungalow-style homes and low-maintenance villas.
The LRT at Brentwood connects to downtown, and there are ample parks for leisurely walks. Varsityโs mix of older residents and young families creates a safe, quiet ambiance. Homes here have strong resale, and downsizers often find they can age in place comfortably โ or move into the upscale Varsity Estates condos or townhomes when a house becomes too much.
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Tucked by Glenmore Park and the reservoir, Lakeview is a calm, scenic neighbourhood that appeals to those looking to downsize without leaving a single-family environment. Many original owners (now empty nesters) live here, giving it a mature, tight-knit community feel. Streets are wide and peaceful, and bungalow-style homes dominate โ perfect for main-floor living.
Being next to North Glenmore Park, active adults enjoy daily walks with stunning views, picnic areas, and even sailing at the Glenmore Reservoir. Lakeview has local shops and is a short drive to Rockyview Hospital.
In addition to bungalows (ripe for modest renovations to modernize aging-in-place features), there are a few 50+ villa complexes in the area. Lakeviewโs home prices are mid-range ($600kโ$900k for most bungalows), making it relatively accessible. Downsizers choose Lakeview for its tranquillity, nature access, and the comfort of a well-established community where many neighbours are fellow long-time Calgarians.
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You can walk to Marda Loop shops and restaurants, meaning your car can often stay parked. The area is flat and walkable, with parks and pathways connecting homes to amenities. Many empty nesters who want to leave the big house but not the neighbourhood find Garrison Woods ideal.
Garrison Woods offers โboutique condo living with a community vibeโ โ an attractive proposition for downsizers who still want to be in the heart of things. Developed on former military land, it features unique townhouse condos (some age 50+ restricted) with European-style architecture and charming courtyards.
Property values remain solid thanks to its inner-city location; condos here hold value better than many other areas because of the perennial demand to live in Altadore/Marda Loop.
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For a quieter small-town life not far from the city or mountains, Cochrane has become popular with active retirees. Its scenic setting in the Bow River Valley offers mountain views and a historic western-themed downtown thatโs entirely walkable. Many 55+ Calgarians move to Cochrane for its relaxed pace and lower housing costs. There are several adult-living villa bungalow complexes (with exterior maintenance taken care of) and newer single-level condos near downtown.
Healthcare is convenient with a local urgent care center, and Calgaryโs top hospitals are 20-30 minutes away. Cochrane also has golf courses, fishing on the Bow, and proximity to the Rockies for weekend outings. Importantly, property taxes and insurance costs can be lower than in the city. Downsizers here enjoy a tight-knit community โ โa peaceful, welcoming environmentโ โ and their homes often see good appreciation as more people discover Cochraneโs charm.
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Look for bungalow villas and 50+ condo buildings in Calgary. Communities like Signal Hill (e.g. Sienna Park Green village for 50+), Evergreen (Sanderson Ridge condos by Fish Creek, a resort-style 55+ building), and Arbour Lake (Watergrove mobile home park, a 45+ affordable community) are tailored for empty nesters.
As one real estate report noted, downsizers often seek โone-level accessibility, walkability, and lock-and-leave convenienceโ. That could mean a condo in the Beltline/Eau Claire for urbanites or a villa in Calgaryโs Westside for those wanting to stay in familiar suburbs but shed maintenance. Thankfully, Calgary offers both โ and choosing these areas can protect your investment while enhancing your lifestyle in retirement.
If maximizing your return on real estate is a top priority, some Calgary neighbourhoods have recently outpaced others in terms of home value growth. These tend to be areas undergoing revitalization or benefiting from new developments and infrastructure. Weโve identified a few locales that have seen high appreciation or are poised for it, making them attractive for 2026 buyers with an investment mindset
These older, affordably priced communities in east Calgary have seen eye-popping gains recently. In 2025, Abbeydaleโs benchmark price jumped 49% year-over-year โ one of the highest in the city. Why? Affordability and improvements. With more buyers priced out of the inner city, areas like Abbeydale (where single-family homes can be found under $450K) became hot.
The City has also invested in the International Avenue (17 Ave SE) corridor near Penbrooke with bus rapid transit and streetscape upgrades, improving the appeal of the general area. Investors have noticed โ many older bungalows here sit on large lots ripe for renovation or adding legal suites.
Caution: These neighbourhoods still lag in some amenities and have higher crime perception, but clearly, the value growth is there. For a hands-on buyer, a property in this area could yield strong equity gains, especially if the uptrend continues and planned 17 Avenue BRT and commercial projects further uplift the district.
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These neighbouring communities along the Bow River in the northwest have been quietly climbing the charts in desirability and values. Historically, more modest areas, they are transforming due to infill development and their location advantages. Bowness, for instance, offers large lots, a quirky Main Street, and river/nature access (Bowness Park is a huge draw) โ all just 15 minutes from downtown. Itโs now seeing new luxury infills replacing old wartime houses, and young families/artists moving in, which has pushed prices up.
Montgomery, next door, benefits from being on the Trans-Canada Highway corridor (new retail like Save-On-Foods, and just up the hill, the massive Trinity Hills retail project), as well as proximity to the expanding University District and hospitals. These factors have led to steady appreciation.
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From 2015โ2025, parts of Montgomery saw ~50%+ increases in land value as developers snapped up lots for future projects. Both communities will also be near the planned route of the Green Line LRT extension in the northwest in the future. If youโre looking for an investment with character, these areas might be it โ just be prepared for the continued mix of old and new as they gentrify.
Already mentioned for its walkability and vibe, Inglewood has also been a star performer investment-wise. Many early buyers who purchased character homes here 10-15 years ago have seen substantial appreciation (in some cases doubling of home values) as Inglewood became a trendy destination. It continues to have upside: the forthcoming Green Line LRT station at Ramsay/Inglewood (construction underway) will directly link the area to Calgaryโs transit network, likely spurring new development and making the area even more attractive.
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Inglewoodโs commercial district is also expanding โ new boutique hotels, office spaces, and condos (like AVLI on Atlantic) are injecting fresh capital. Meanwhile, Ramsay (adjacent to Inglewood) is on the cusp of a renaissance too, thanks to planned transit and the extensive Arts & Culture scene anchored by the historic Ramsey Design Centre. Bottom Line: These communities blend lifestyle with appreciation potential. They do carry higher price tags now (a detached Inglewood home easily $700k+), but the rental demand for suites and the trajectory of the neighbourhood (often top-ranked in Canada) bode well for future value. Plus, as one local investor quipped, โInglewoodโs scruffy charm is now part of its premiumโ โ people pay for that uniqueness, and itโs not something easily replicable elsewhere.
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A wildcard pick purely for appreciation: Greenwood/Greenbriar is a small community by Winsport/C.O.P. that saw a staggering 65% one-year price increase, and an 88% jump over 5 years โ the highest in Calgary. Why? A massive redevelopment (including the new Trinity Hills retail and residential project, and new townhomes/condos) turned this once-neglected area into a growth hotspot.
While living here might still feel like a construction zone in 2026, investors have flocked in early. Itโs close to nature (steps from Bowness Park) and will offer outlet shopping and possibly employment centers. If you buy a new townhome here, youโre banking on the areaโs future completion, which looks promising given those numbers.
This is more of a mid-term flip or rental play than a โforever homeโ locale, but it exemplifies how targeting an area on the upswing can pay off. Just remember, high percentage gains often start from a low base โ so while the % growth is huge, the absolute prices are still moderate (~$580K benchmark). The key will be whether growth sustains after initial development โ something to watch closely.
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On the higher-end investment front, Altadore represents a case of a trendy neighbourhood translating lifestyle demand into value gains. Over the past decade, Altadore saw an infill boom with hundreds of $800kโ$1.5M modern homes replacing old houses. With over 450 luxury home sales since 2015, it became โone of Calgaryโs most active luxury neighbourhoodsโ. Investors who built or bought infills early have done well as prices per square foot climbed and the areaโs status solidified.
While Altadore is more โmatureโ in its gentrification now, itโs a good example of how โwalkability and trendinessโ can drive value โ something future neighbourhoods will emulate. For instance, keep an eye on up-and-coming Beltline-adjacent areas (like Victoria Park with the new event centre plans) or Manchester (industrial-to-residential conversion potential).
Altadore shows that when a community hits that sweet spot of lifestyle, location, and new development, the long-term value is โhigh (but competitive)โ and generally resilient. Even in down markets, Altadoreโs desirability keeps demand up.
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In summary, investing in Calgary real estate isnโt just about current home prices โ itโs about the trajectory.
Look for neighbourhoods with catalysts: new transit lines, commercial developments, revitalization programs, or simply undervalued areas relative to their location. For example, the Green Line LRT will be a game-changer โ neighbourhoods like Ogden in the SE (where stations are planned) could see a renaissance much like Sunnyside did when the NW line opened decades ago. And as remote work continues, exurbs like Cochrane and Airdrie may keep rising as buyers trade commute distance for larger homes (Cochraneโs prices jumped ~20% from 2020-2024). Always do your due diligence, but the communities highlighted above have shown either proven appreciation or clear indicators of future growth โ making them solid bets as we head into 2026.
Sources:
[2] [3] [4] Aspen Woods Homes For Sale | Aspen Woods MLS Listings
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