5 of the Most Expensive Alberta Homes for Sale Right Now

By Josh Sherman | 5 minute read

Because of their relative affordability compared to B.C. and Ontario, Alberta’s luxury listings — like the one pictured above — are attracting homebuyers from around Canada.

When it comes to luxury real estate in Western Canada, B.C. may be top of mind — but Wild Rose Country has its fair share of luxe listings, too. These opulent Alberta homes, it seems, are garnering interest from potential homebuyers across the country. You may have heard that some Canadians were ditching B.C. and Ontario for the more affordable Prairies region. Well, according to a recent report from Sotheby’s International Realty Canada, this trend isn’t limited to lower income brackets.

The wealthy, it seems, are also relocating, which is helping drive interest in Alberta’s luxury segment. For example, In Calgary, the number of homes that sold for more than $4 million in the first half of the year was up 75% compared to the same period in 2023.

“The migration of residents and their talent and financial capital away from cities like Toronto and Vancouver to communities in surrounding regions or provinces such as Alberta foreshadow trends in sales activity, housing prices and real estate market performance,” notes Don Kottick, President and CEO, Sotheby’s International Realty Canada.  “This applies to the cities they are leaving and the markets they are moving to, and it applies across the conventional and luxury markets.”

If you’re one of those well-heeled buyers thinking about a move to Alberta, or you’re just curious to see what all the buzz is about, scroll down to see five of the most expensive homes on the market in Alberta right now.

1. The Mystery Manor With Mountain Views

Listing: 242249 Westbluff Rd., Rural Rocky View County

Price: $13,450,000

Hidden away at the end of a street in a super exclusive gated community, a 20-acre estate is on the market, but the seller is keeping hush hush on most of the specifics. “[T]his stunning residence offers unparalleled privacy,” reads the listing. “In line with the seller’s wishes, details have been carefully curated to preserve privacy for prospective owners,” notes the listing.

Here’s what we do know about the property: the original owners commissioned award-winning home builders McKinley Masters to construct a bungalow that’s truly epic in proportion. The home’s interior space adds up to almost 6,000 square feet, plenty of room for its five bedrooms and nine — yes, nine — bathrooms. 

“[T]he property’s conception was driven by a deep commitment to seclusion,” the listing notes, only adding to the property’s mystique. If you’re as curious as we are to see more — and you’ve got a budget approaching $15 million — you can try reaching out to the listing agent. “Open disclosure for qualified buyers will be provide[d],” the posting assures.

2. An Amenity-Rich Abode

Listing: 13804 Valleyview Dr. NW, Edmonton

Price: $12,000,000

Amenities are a big draw in real estate. Usually, when homebuyers talk about them, they’re referring to what the surrounding community has to offer. In the case of this 11,159-square-foot home — which has a distinctive angular design — there are enough amenities for an entire community.

In the walk-out basement, there’s a 10-pin bowling alley, squash/basketball court, sauna, media room, and bar. Presumably for privacy reasons, the listing photos are limited to the exterior, but there are still some cool features on display. Off of the primary suite, which is one of five bedrooms, there’s a massive third-floor balcony overlooking a nearby creek. A second terrace is found one level below.

3. The Panoramic Penthouse 

Listing: 100 10A St. #901, Calgary

Price: $10,000,000

Some savour their privacy. Others want to be in the thick of the action. And then there are those who want both. If you’re in the lattermost camp, this one-of-a-kind pre-sale penthouse perched atop a boutique mid-rise development might be for you.

Located in the heart of Calgary’s Downtown West End, the 4,372-square-foot penthouse is one of just 42 units in The Kenten, a swanky condo project currently under development. The L-shaped unit’s family room features a disappearing glass wall, letting the future owner extend the already-impressive terrace (the unit has 1,500 square feet of outdoor space) indoors. If you can’t quite afford to cough up $10 million for this four-bedroom apartment, there are three other units for sale in the luxury building, with list prices ranging from $1,499,000 to $2,850,000.

4. A Modern Masterpiece

Listing: 914 Crescent Rd., Calgary

Price: $9,999,999

Here’s a four-bedroom home for fans of ulta-modern style, inside and out. Interesting design cues abound. For instance, right off the kitchen, take a look at the floating spiral staircase surrounding a futuristic-looking elevator.

At the bottom of the staircase, you’ll find even more chic living space. Also downstairs, there’s a showroom-style garage, which has a motorized car turntable, so you won’t have to bother with backing out. There’s parking for five, thanks to a car lift. The master bedroom has its own fireplace, a phenomenal ensuite, a large walk-in closet, and it looks out onto a third-floor terrace with a fire pit for all-season enjoyment. 

5. The Burns Residence

Listing: 930 Prospect Ave., Calgary
Price: $9,975,000

If your taste is more traditional, you’ll want to check out this historic home, which was built in 1912 but has all the bells and whistles of a modern mansion. The five-bedroom estate has been fully restored, from the sandstone-and-brick exterior, to the grand staircase and stained-glass windows.

The classy interior features timeless finishes, including mahogany panelling, quarter-sawn-oak flooring, and original millwork. The kitchen plays off the rich hues found throughout but adds tasteful modern touches, such as custom glass-cabinetry, a slab marble island, and, of course, high-end stainless-steel appliances. There’s a lot more marble to be found in the primary ensuite, which has a volcanic limestone tub and side-by-side sinks. The primary suite may be cozy with a fireplace, but it’s hardly cramped, boasting walk-through closets as well as its own sunroom.