Calgary's 5 most expensive homes for sale right now (January 2025)

A look at 2906 Marquette Street S.W. in Calgary, Alta. (Realtor.ca)

Calgary home sales declined in December from the previous year's levels but remained nearly 20 per cent higher than long-term trends.

The Calgary Real Estate Board says 1,322 homes changed hands last month, which was 2.9 per cent lower than December 2023. On a month-over-month basis, home sales were down 26.3 per cent from November levels.

The benchmark price across all home types was $583,300 for December, around 0.8 per cent lower than the previous month but 3.2 per cent higher than December 2023.

There were 1,239 new listings on the market last month, 0.7 per cent lower than a year earlier.

The board says overall sales in 2024 came just shy of reaching last year’s levels, as gains for higher-priced homes offset pullbacks in the lower price ranges amid supply challenges.

Here are the city's five most expensive already-constructed residential homes for sale as of Jan. 2, 2025, according to Realtor.ca:

1 - $8.99M historical mansion in Upper Mount Royal

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.

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.

The three-storey home is located at 930 Prospect Ave. S.W.

The home has been listed on Realtor.ca for 132 days.

2 - $8.75M 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 4,062-square-foot mansion has five bedrooms, three of which are above grade, four bathrooms and an urban courtyard.

Outside the steel-frame home, 18 cantilevered beams provide shade from the sun for the west-facing windows.

"The house’s layout maximizes privacy with east-facing bedrooms that greet the morning sun, and a screened entry set back from the street," states the listing.

The two-storey home is located at 1308 Montreal Avenue S.W.

The home has been listed on Realtor.ca for 195 days.

3 - $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 Place S.W.

It has been listed on Realtor.ca for 92 days.

4 - $7M Upper Mount Royal mansion

Built in 2009, this Upper Mount Royal mansion features a swim-in-place lap pool with underwater treadmill, an elevator, a heated driveway and a theatre.

The home, described by the listing as private and secure, overlooks Cartier Park.

"This exceptional residence, seamlessly combines style and sophistication and luxurious amenities," states the listing.

"The welcoming front entrance leads to a dramatic free-standing staircase, ascending to the main floor's spacious living room, boasting sweeping views and a double-sided gas fireplace shared with a cozy family room."

The home is 5,289 square-feet with four bedrooms and six bathrooms.

The garage has room for five cars and includes a rotating platform and a Tesla electric charger.

Not only is the driveway heated, but so are the front stairs and the walkway.

The three-storey home is located at 2906 Marquette Street S.W.

It has been listed on Realtor.ca for one day.

5 - $6.6M Bel-Aire bungalow

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.

According to the listing, the main level of the home offers a blend of "elegance and comfort," featuring a spa-quality en suite bathroom.

In the basement, there's a wine cellar and a theatre

The single-storey home is located at 1020 Bel-Aire Drive S.W.

It has been listed on Realtor.ca for 159 days.

- With files from The Canadian Press