Inside Calgary’s 5 most expensive homes for sale right now (November 2025)

A look at 126 Eagle Ridge Dr. S.W. in Calgary, Alta. (RE/MAX)

The Calgary Real Estate Board says home sales dropped 13 per cent in October compared with last year as prices also fell.

The board says 1,885 homes changed hands last month, as year-to-date sales in the city totalled 20,082, which was down nearly 16 per cent compared with last year but in line with longer-term trends.

There were 3,233 new listings on the market last month, down 0.9 per cent from a year earlier, as the city’s inventory grew 30.2 per cent to 6,471 homes for sale.

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The board says much of the sales decline has been driven by the apartment and row-style homes categories.

CREB chief economist Ann-Marie Lurie says improved rental supply and easing rents have slowed ownership demand for those types of homes, with excess supply also “weighing on prices in those segments more so than any other property type.”

Calgary’s residential benchmark price decreased 4.1 per cent year-over-year to $568,000 last month, with row and apartment-style properties seeing the largest price declines compared with October 2024.

Dreaming of owning a lavish new home?

Here are the city’s five most expensive already-constructed residential homes for sale as of Nov. 3, 2025, according to Realtor.ca:

$13.5M mansion on Crescent Road

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 bedrooms (four above grade and two below), 10 bathrooms and three half-baths.

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.

The 2.5-storey home is located at 732 Crescent Rd. N.W. and has annual property taxes of $49,380.61.

It has been listed on Realtor.ca for 172 days.

$10M Eagle Ridge Mansion

Built in 1988, this Eagle Ridge home is 7,631 square feet with five bedrooms (four above ground and one below) and eight bathrooms – including three half-baths.

It boasts a gated, heated driveway leading to a triple car garage, in addition to an underground parkade that can fit eight more vehicles – complete with a car wash and workshop.

“Timeless in design and uncompromising in craftsmanship, this bespoke neoclassical estate ranks among the city’s most distinguished residences,” states the listing.

The two-storey home is located at 126 Eagle Ridge Dr. S.W. and has annual property taxes of $48,577.

It has been listed on Realtor.ca for two days.

$8M Montreal House in Upper Mount Royal

Built in 2015 by Calgary architect Jeremy Sturgess, “Montreal House” sits in the community of Lower Mount Royal.

The 3,998-square-foot mansion has five bedrooms – three of which are above grade – and four full bathrooms plus a half bath.

Outside, the home has 18 cantilevered beams to shade the west-facing yard from the sun.

“Every angle has been designed with purpose, balancing privacy, sunlight and seamless transitions from indoors to outdoors,” states the listing.

The two-storey home is located at 1308 Montreal Ave. S.W. and has annual property taxes of $30,407.

The home has been listed on Realtor.ca for 51 days.

$7.25M Eagle Ridge bungalow

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.

“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.”

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.”

The bungalow is located at 40 Eagle Ridge Pl. S.W. and has annual property taxes of $31,148.

It has been listed on Realtor.ca for 52 days.

$6.99M Elbow Park Mansion

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.

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,” according to the listing.

The single-storey home is located at 714 Riverdale Ave. S.W. and has annual property taxes of $23,979.

It has been listed on Realtor.ca for 110 days.

- With files from The Canadian Press