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Top 10 Luxury Neighbourhoods in Calgary
Explore Calgary's Top 10 luxury neighbourhoods, most prestigious neighbourhoods, known for upscale homes, exclusivity, and stunning views.
- Britannia: Prestigious neighbourhood; mix of historic and modern homes.
- Upper Mount Royal: Blend of historic and modern homes; close to downtown and 17th Avenue.
- Elbow Park: Riverside community; diverse architectural styles; scenic views.
- Bel-Aire: Estate-style living; city and mountain views; near a golf club.
- Aspen Woods: Luxury housing; stunning Rocky Mountain views.
- Bearspaw: Private estate-style properties; upscale atmosphere.
- Roxboro: Luxury riverside homes; exclusive community.
- St. Andrews Heights: Well-established neighbourhood; upscale homes.
- Bayview: Private peninsula living; Glenmore Reservoir views.
- Mayfair: Quiet, central neighbourhood; luxury homes.
- Pump Hill: Estate-style homes; long-term resident renovations.
- Altadore: Family-friendly atmosphere; custom-built houses; park access.
Top Calgary Luxury Neighbourhoods
Calgary's top luxury neighbourhoods are characterized by large, upscale homes, often with prime locations and amenities.
Some of the most prestigious include Upper Mount Royal, Bel-Aire, Elbow Park, Aspen Woods, and Bearspaw.
These areas generally feature a mix of historic and modern homes, with Upper Mount Royal being particularly known for its stately mansions and tree-lined streets.
- Altadore
- Aspen Woods
- Bel Aire
- Bowness
- Britannia
- Eagle Ridge
- Elbow Park
- Elboya
- Hillhurst
- West Hillhurst
- Upper Mount Royal
- Springbank Hill
- Rocky Ridge
- Rosedale
- Roxboro
- Bearspaw
- Chestermere
- Calgary
- Airdrie
- Heritage Pointe
- Mayfair
- Hounsfield Heights
Calgary Luxury Real Estate FAQs
Answers to common questions about Calgary's high-end market
In Calgary's luxury real estate market, homes are typically defined by:
- Price point above $2 million
- Premium locations in exclusive neighbourhoods
- Exceptional architecture and design
- High-end finishes and smart home technology
- Substantial square footage (usually 4,000+ sqft)
- Premium amenities like home theaters, wine cellars, and spa bathrooms
The luxury real estate market also considers intangible factors like privacy, views, and prestige of location.
Upper Mount Royal consistently ranks as Calgary's most expensive neighbourhood, with:
- Average home price of $3.2 million
- Several properties valued over $10 million
- Prime location near downtown and elite private schools
- Largest estate properties in the city
Other top-tier neighbourhoods include Britannia, Elbow Park, and Pump Hill, each with their own unique luxury characteristics.
Calgary's luxury buyers prioritize these premium features:
- Smart home technology: Full home automation systems
- Entertainment spaces: Home theaters, game rooms, wine cellars
- Outdoor living: Heated patios, outdoor kitchens, infinity pools
- Wellness areas: Spa bathrooms, saunas, home gyms
- Security: Gated entries, surveillance systems, safe rooms
- Garaging: Heated floors for 3+ vehicles, electric car charging
Proximity to private clubs, top schools, and downtown are also key considerations.
Calgary's luxury real estate market has shown remarkable resilience:
- Price growth: 8.5% year-over-year in the $2M+ segment
- Inventory levels: 12% lower than 5-year average, creating competition
- Days on market: Average of 45 days for premium properties
- International buyers: Increasing interest from U.S., China, and Europe
The market remains strong due to Calgary's economic diversification, quality of life, and relative value compared to Vancouver and Toronto.
Key considerations for luxury home buyers:
- Location prestige: Some neighbourhoods hold value better than others
- Future development: Potential impacts on views and privacy
- Property taxes: Can be substantial for high-value homes
- Maintenance costs: Budget for staff, landscaping, and upkeep
- Resale potential: Even at this level, consider future marketability
- Privacy needs: Gated vs. non-gated, setback from street
Working with a luxury specialist like Ginger Andrews Group ensures you evaluate all these factors properly.