Upper Mount Royal’s home values run 3.3 times those of the middle of Alberta’s towns
At the 2021 census the median home was worth $1,300,000, where Alberta’s towns sit at $400,000. For Upper Mount Royal there is no published sale price, as for every town in Alberta. Assessors valued the median residential property at $525,000 for 2024. Nobody publishes assessed values, values by property type and building permits for Upper Mount Royal alone, so this card uses the figure for the city of Calgary.
What Upper Mount Royal’s homes are worth, two ways
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. No sale stands behind these values: owners named them at the census of May 2021.
median, owners’ estimate
- Average
- $1.75M
- Owners
- 895
- Alberta’s towns
- $400K
- The typical Canadian town
- $406K
all residential
- Alberta’s towns
- $297K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Calgary’s houses sit 88% above Alberta’s towns
Assessors listed 483,605 residential properties in Calgary for 2024, 62% of them detached houses and 18% condos.
Median assessment by type, 2024 the tick is the median of Alberta’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Alberta’s towns with their own figure; assessments compare within a province only.
Before 1961: 47% of the homes in Upper Mount Royal, where Alberta’s towns have 5%
1,205 occupied homes stood in Upper Mount Royal in 2021, and single-detached houses made up 65% of them. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Upper Mount Royal | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 15% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | under 1% | 4% | 3% |
| Households in core housing need | 7% | 8% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Calgary permitted 26.6 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Calgary issued permits for 77,275 new homes from 2018 to 2023, or about 12,879 a year. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns.
Most in 2023: 18,187 new homes
New homes a year per 1,000 homes
Level with the year before: 26,142 new homes to August 2026
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Monthly permits: one figure for all of the Calgary metro area
Upper Mount Royal against Alberta’s towns: 225% over the $400,000 median
The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Upper Mount Royal: Lower Mount Royal, Bankview and Mission
The places around Upper Mount Royal at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Upper Mount Royal | $1.3M | $1.75M | 73% | |
| Lower Mount Royal | $348K | $420K | 29% | 0.6 |
| Bankview | $348K | $472K | 31% | 0.9 |
| Mission | $348K | $513K | 31% | 1.1 |
| Beltline | $324K | $354K | 26% | 1.2 |
| Elbow Park | $1.51M | $1.73M | 89% | 1.2 |
| South Calgary | $700K | $729K | 51% | 1.4 |
Census 2021 values; km.
Questions about property prices in Upper Mount Royal
Is Upper Mount Royal expensive for Alberta?
On census values, Upper Mount Royal ranks among the dearer of Alberta’s towns (median $400,000).
How many households in Upper Mount Royal are in core housing need?
In line with Alberta’s towns (8%): 7% in Upper Mount Royal, counting the households whose home falls short on cost, size or repair.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).