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Calgary has been named "a lone shining star" in Canada's real estate market, in a report by TD Economics.
Calgary was the only city to report positive sales growth in 2012 of 14.3 per cent and is also benefiting from a 38.2 per cent increase in new housing starts, a sharp rebound from 2011, the report adds.
Canadian sales dropped by 10.5 per cent in 2012 overall, Vancouver by 26.6 per cent and Edmonton by 4.1 per cent.
"Stability in Calgary; fragility in Vancouver," says a chart documenting Vancouver's haywire average house prices.
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Most Expensive Houses For Sale In Calgary (PHOTOS - October, 2012 Edition)
Windsor Park: 4.5 Million(01 of32)
Gated entry and gardens. One bedroom with en-suite is on this level with the master bedroom and 1 other upstairs. Main floor library/den and upper family rooms are warm, richly appointed sanctuaries. Lower level (with walk out) offers additional 2000 sq. ft., with a games room, wine room and 2 bedrooms (each with ensuites). Heated covered portico, with the built in BBQ and fireplace, overlooking a pool and manicured lawn. Pool house with full bath. Plus, indoor heated parking for 7 cars!Source: Realtor.ca
Windsor Park: 4.5 Million(02 of32)
Gated entry and gardens. One bedroom with en-suite is on this level with the master bedroom and 1 other upstairs. Main floor library/den and upper family rooms are warm, richly appointed sanctuaries. Lower level (with walk out) offers additional 2000 sq. ft., with a games room, wine room and 2 bedrooms (each with ensuites). Heated covered portico, with the built in BBQ and fireplace, overlooking a pool and manicured lawn. Pool house with full bath. Plus, indoor heated parking for 7 cars!Source: Realtor.ca
Windsor Park: 4.5 Million(03 of32)
Gated entry and gardens. One bedroom with en-suite is on this level with the master bedroom and 1 other upstairs. Main floor library/den and upper family rooms are warm, richly appointed sanctuaries. Lower level (with walk out) offers additional 2000 sq. ft., with a games room, wine room and 2 bedrooms (each with ensuites). Heated covered portico, with the built in BBQ and fireplace, overlooking a pool and manicured lawn. Pool house with full bath. Plus, indoor heated parking for 7 cars!Source: Realtor.ca
Windsor Park: 4.5 Million(04 of32)
Gated entry and gardens. One bedroom with en-suite is on this level with the master bedroom and 1 other upstairs. Main floor library/den and upper family rooms are warm, richly appointed sanctuaries. Lower level (with walk out) offers additional 2000 sq. ft., with a games room, wine room and 2 bedrooms (each with ensuites). Heated covered portico, with the built in BBQ and fireplace, overlooking a pool and manicured lawn. Pool house with full bath. Plus, indoor heated parking for 7 cars!Source: Realtor.ca
Valley Ridge: 4.8 Million(05 of32)
Timberframe executive family home elevated 50 feet above the Bow River in a forested park-like acreage setting surrounded by environmental reserve, towering conifers and privacy. Designed and built by Timberock Homes, it offers 7700 + sq ft. of developed space, elevator, geothermal heating/cooling,360 degree views, vaulted Timberframe ceilings, massive 27 foot rock fireplace in the great round room, Brazilian cherry hardwoods and flagstone floors in the massive foyer. Gourmet open kitchen with granite island/counters and open atmosphere. Master with large dressing closet and 6 piece ensuite. Large anodized bronze windows bring the panoramic views of the river and the forest into the home. Extensive professional landscaping and easy access to downtown. Can be sold with MLS# C3525788 which completes the 3 acre gated estate.Source: Realtor.ca
Valley Ridge: 4.8 Million(06 of32)
Timberframe executive family home elevated 50 feet above the Bow River in a forested park-like acreage setting surrounded by environmental reserve, towering conifers and privacy. Designed and built by Timberock Homes, it offers 7700 + sq ft. of developed space, elevator, geothermal heating/cooling,360 degree views, vaulted Timberframe ceilings, massive 27 foot rock fireplace in the great round room, Brazilian cherry hardwoods and flagstone floors in the massive foyer. Gourmet open kitchen with granite island/counters and open atmosphere. Master with large dressing closet and 6 piece ensuite. Large anodized bronze windows bring the panoramic views of the river and the forest into the home. Extensive professional landscaping and easy access to downtown. Can be sold with MLS# C3525788 which completes the 3 acre gated estate.Source: Realtor.ca
Valley Ridge: 4.8 Million(07 of32)
Timberframe executive family home elevated 50 feet above the Bow River in a forested park-like acreage setting surrounded by environmental reserve, towering conifers and privacy. Designed and built by Timberock Homes, it offers 7700 + sq ft. of developed space, elevator, geothermal heating/cooling,360 degree views, vaulted Timberframe ceilings, massive 27 foot rock fireplace in the great round room, Brazilian cherry hardwoods and flagstone floors in the massive foyer. Gourmet open kitchen with granite island/counters and open atmosphere. Master with large dressing closet and 6 piece ensuite. Large anodized bronze windows bring the panoramic views of the river and the forest into the home. Extensive professional landscaping and easy access to downtown. Can be sold with MLS# C3525788 which completes the 3 acre gated estate.Source: Realtor.ca
Valley Ridge: 4.8 Million(08 of32)
Timberframe executive family home elevated 50 feet above the Bow River in a forested park-like acreage setting surrounded by environmental reserve, towering conifers and privacy. Designed and built by Timberock Homes, it offers 7700 + sq ft. of developed space, elevator, geothermal heating/cooling,360 degree views, vaulted Timberframe ceilings, massive 27 foot rock fireplace in the great round room, Brazilian cherry hardwoods and flagstone floors in the massive foyer. Gourmet open kitchen with granite island/counters and open atmosphere. Master with large dressing closet and 6 piece ensuite. Large anodized bronze windows bring the panoramic views of the river and the forest into the home. Extensive professional landscaping and easy access to downtown. Can be sold with MLS# C3525788 which completes the 3 acre gated estate.Source: Realtor.ca
Wildwood: 4.9 Million(09 of32)
This home sits on 4.25 acres above Edworthy Park and 10 min to downtown Calgary. Top of the line finishings, appliances and craftsmanship throughout, the attention to detail is incredible. Gourmet kitchen includes custom cabinetry, stainless steel Subzero fridge and Thermodore six-burner stove. Spa like master ensuite plus each bedroom has it's own private ensuite. Located above the oversized 4 car garage, is a full developed nanny suite with separate laundry, fireplace and elevator. The high tech aspect of the homes ability to control almost everything, including music, television, lighting and heating by a "Control 4" central remote or even your iPhone/blackberry. From the 16-ft living room ceiling, to the walkout basement with a games room, work out room, and sports bar containing three separate satellite feeds. Source: Realtor.ca
Wildwood: 4.9 Million(10 of32)
This home sits on 4.25 acres above Edworthy Park and 10 min to downtown Calgary. Top of the line finishings, appliances and craftsmanship throughout, the attention to detail is incredible. Gourmet kitchen includes custom cabinetry, stainless steel Subzero fridge and Thermodore six-burner stove. Spa like master ensuite plus each bedroom has it's own private ensuite. Located above the oversized 4 car garage, is a full developed nanny suite with separate laundry, fireplace and elevator. The high tech aspect of the homes ability to control almost everything, including music, television, lighting and heating by a "Control 4" central remote or even your iPhone/blackberry. From the 16-ft living room ceiling, to the walkout basement with a games room, work out room, and sports bar containing three separate satellite feeds. Source: Realtor.ca
Elbow Park & Glencoe: 5.9 Million(11 of32)
Situated on the banks of the Elbow River. Designed by Manhattan Architect Rachel Gray and completed in 2005 with 6,593 sq ft of luxury living space designed for entertaining both indoors and out. Open plan designed to maximize the river views and the light. Entrance,great room with 14 ft ceilings, bar and wood-burning fireplace.Chef's kitchen with loads of cabinetry, professional appliances, dual pantries; creative open dual offices and lounge with open flame fireplace. Master suite with his + her en-suites, dressing rooms and outer deck. Two more bedrooms and baths up and bonus room with wood-burning fireplace and an upper deck overlooking the river. Outer living room with open flame fireplace with built in BBQ.Underdrive garage with storage, lower level guest room, bath, media/games room, storage.Source: Realtor.ca
Elbow Park & Glencoe: 5.9 Million(12 of32)
Situated on the banks of the Elbow River. Designed by Manhattan Architect Rachel Gray and completed in 2005 with 6,593 sq ft of luxury living space designed for entertaining both indoors and out. Open plan designed to maximize the river views and the light. Entrance,great room with 14 ft ceilings, bar and wood-burning fireplace.Chef's kitchen with loads of cabinetry, professional appliances, dual pantries; creative open dual offices and lounge with open flame fireplace. Master suite with his + her en-suites, dressing rooms and outer deck. Two more bedrooms and baths up and bonus room with wood-burning fireplace and an upper deck overlooking the river. Outer living room with open flame fireplace with built in BBQ.Underdrive garage with storage, lower level guest room, bath, media/games room, storage.Source: Realtor.ca
Elbow Park & Glencoe: 5.9 Million(13 of32)
Situated on the banks of the Elbow River. Designed by Manhattan Architect Rachel Gray and completed in 2005 with 6,593 sq ft of luxury living space designed for entertaining both indoors and out. Open plan designed to maximize the river views and the light. Entrance,great room with 14 ft ceilings, bar and wood-burning fireplace.Chef's kitchen with loads of cabinetry, professional appliances, dual pantries; creative open dual offices and lounge with open flame fireplace. Master suite with his + her en-suites, dressing rooms and outer deck. Two more bedrooms and baths up and bonus room with wood-burning fireplace and an upper deck overlooking the river. Outer living room with open flame fireplace with built in BBQ.Underdrive garage with storage, lower level guest room, bath, media/games room, storage.Source: Realtor.ca
Mission: 7.9 Million(14 of32)
Nestled along the Elbow River, THE RIVER is Calgary's river-front estates. Picturesque settings, modern features and natural luxury. Gourmet kitchens, abundant storage and spa like en suites with freestanding baths that appear to float in front of your private view. 24/7 full concierge services on site. State-of-the-art security system. Restricted floor access. Private residence heated garage with storage. Pet grooming and wash facilities. Large car wash and detailing bay. Exclusive amenities including a fitness centre, spa treatment room, boardroom, entertainment room, private catering preparation area, and manicured gardens. Creative floor plans create spaces for indoor and outdoor entertaining, as well as private living.Source: Realtor.ca
Mission: 7.9 Million(15 of32)
Nestled along the Elbow River, THE RIVER is Calgary's river-front estates. Picturesque settings, modern features and natural luxury. Gourmet kitchens, abundant storage and spa like en suites with freestanding baths that appear to float in front of your private view. 24/7 full concierge services on site. State-of-the-art security system. Restricted floor access. Private residence heated garage with storage. Pet grooming and wash facilities. Large car wash and detailing bay. Exclusive amenities including a fitness centre, spa treatment room, boardroom, entertainment room, private catering preparation area, and manicured gardens. Creative floor plans create spaces for indoor and outdoor entertaining, as well as private living.Source: Realtor.ca
Mission: 7.9 Million(16 of32)
Nestled along the Elbow River, THE RIVER is Calgary's river-front estates. Picturesque settings, modern features and natural luxury. Gourmet kitchens, abundant storage and spa like en suites with freestanding baths that appear to float in front of your private view. 24/7 full concierge services on site. State-of-the-art security system. Restricted floor access. Private residence heated garage with storage. Pet grooming and wash facilities. Large car wash and detailing bay. Exclusive amenities including a fitness centre, spa treatment room, boardroom, entertainment room, private catering preparation area, and manicured gardens. Creative floor plans create spaces for indoor and outdoor entertaining, as well as private living.Source: Realtor.ca
Mount Royal: 8.5 Million(17 of32)
12,000 sq ft with 11,500 sq ft finished. Two-storey walkout with indoor pool, nestled in a heavily treed half-acre premiere lot in Mount Royal. This property is reminiscent of a chalet in Whistler or Vail and could be described as an executive post-and-beam mountain style estate. Interior is an open theme with extensive stone, distressed fir beams, wrought iron, extensive vaulted ceilings, fields of windows and an architectural two-storey water feature. The full sized indoor pool features a dive board and jump platform, plus sauna and steam rooms. The pool house opens to the outdoor grotto with hot tub. A total of 6 bedrooms with 5 on the upper level, 5 ensuites, and 1 shared ensuite. Accommodates groups large and small for entertaining, dinner for 100+ as well as large outdoor events. The mechanical systems are state of the art.Source: Realtor.ca
Mount Royal: 8.5 Million(18 of32)
12,000 sq ft with 11,500 sq ft finished. Two-storey walkout with indoor pool, nestled in a heavily treed half-acre premiere lot in Mount Royal. This property is reminiscent of a chalet in Whistler or Vail and could be described as an executive post-and-beam mountain style estate. Interior is an open theme with extensive stone, distressed fir beams, wrought iron, extensive vaulted ceilings, fields of windows and an architectural two-storey water feature. The full sized indoor pool features a dive board and jump platform, plus sauna and steam rooms. The pool house opens to the outdoor grotto with hot tub. A total of 6 bedrooms with 5 on the upper level, 5 ensuites, and 1 shared ensuite. Accommodates groups large and small for entertaining, dinner for 100+ as well as large outdoor events. The mechanical systems are state of the art.Source: Realtor.ca
Mount Royal: 8.5 Million(19 of32)
12,000 sq ft with 11,500 sq ft finished. Two-storey walkout with indoor pool, nestled in a heavily treed half-acre premiere lot in Mount Royal. This property is reminiscent of a chalet in Whistler or Vail and could be described as an executive post-and-beam mountain style estate. Interior is an open theme with extensive stone, distressed fir beams, wrought iron, extensive vaulted ceilings, fields of windows and an architectural two-storey water feature. The full sized indoor pool features a dive board and jump platform, plus sauna and steam rooms. The pool house opens to the outdoor grotto with hot tub. A total of 6 bedrooms with 5 on the upper level, 5 ensuites, and 1 shared ensuite. Accommodates groups large and small for entertaining, dinner for 100+ as well as large outdoor events. The mechanical systems are state of the art.Source: Realtor.ca
Mount Royal: 8.5 Million(20 of32)
12,000 sq ft with 11,500 sq ft finished. Two-storey walkout with indoor pool, nestled in a heavily treed half-acre premiere lot in Mount Royal. This property is reminiscent of a chalet in Whistler or Vail and could be described as an executive post-and-beam mountain style estate. Interior is an open theme with extensive stone, distressed fir beams, wrought iron, extensive vaulted ceilings, fields of windows and an architectural two-storey water feature. The full sized indoor pool features a dive board and jump platform, plus sauna and steam rooms. The pool house opens to the outdoor grotto with hot tub. A total of 6 bedrooms with 5 on the upper level, 5 ensuites, and 1 shared ensuite. Accommodates groups large and small for entertaining, dinner for 100+ as well as large outdoor events. The mechanical systems are state of the art.Source: Realtor.ca
Pump Hill: 8.6 Million(21 of32)
This gated home is privately nestled on 1.68 acres and has more than 10,000 square feet of living quarters designed to offer the best views the city skyline. Follow the 250 foot driveway as part the professionally landscaped gardens and lawn to the oversized three carport heated garage. The vaulted ceilings with open skylights and white marble flooring lead through the open floor plan. The corian-finished and upgraded kitchen is fully equipped. With 6 bedrooms and 6 bathrooms featuring a self contained nanny suite, a penthouse with full panoramic views in all directions and a 1,300 square foot master suite with a grand, wood fireplace, wet bar and a six piece bathroom ensemble. Source: Realtor.ca
Pump Hill: 8.6 Million(22 of32)
This gated home is privately nestled on 1.68 acres and has more than 10,000 square feet of living quarters designed to offer the best views the city skyline. Follow the 250 foot driveway as part the professionally landscaped gardens and lawn to the oversized three carport heated garage. The vaulted ceilings with open skylights and white marble flooring lead through the open floor plan. The corian-finished and upgraded kitchen is fully equipped. With 6 bedrooms and 6 bathrooms featuring a self contained nanny suite, a penthouse with full panoramic views in all directions and a 1,300 square foot master suite with a grand, wood fireplace, wet bar and a six piece bathroom ensemble. Source: Realtor.ca
Pump Hill: 8.6 Million(23 of32)
This gated home is privately nestled on 1.68 acres and has more than 10,000 square feet of living quarters designed to offer the best views the city skyline. Follow the 250 foot driveway as part the professionally landscaped gardens and lawn to the oversized three carport heated garage. The vaulted ceilings with open skylights and white marble flooring lead through the open floor plan. The corian-finished and upgraded kitchen is fully equipped. With 6 bedrooms and 6 bathrooms featuring a self contained nanny suite, a penthouse with full panoramic views in all directions and a 1,300 square foot master suite with a grand, wood fireplace, wet bar and a six piece bathroom ensemble. Source: Realtor.ca
Aspen Woods: 11.4 Million(24 of32)
French Country Castle sits atop the interior ridge on nearly 1 Acre in the "Heights" of Aspen Estates with expansive grounds and landscaping, gated privacy, utmost security and exclusivity. This rundle-stone wrapped estate, custom designed and built by Pacer Signature Homes, offers more than 14,500 sq. ft. of appointed living quarters including 5 Bedrooms, 9 Bathrooms, 5-Car Garage, and a separate Carriage House with a fully suited residence. Designed for grand-scale entertaining and modern living. Finished with exotic materials from around the world. Amenities include: Grand Parlor with Swarovski Crystal Chandelier, Gourmet Kitchen and Butler's Pantry, Men's Parlor, Bar & Games Room, Wine-Tasting Room, Yoga Studio and Spa facilities.Source: Realtor.ca
Aspen Woods: 11.4 Million(25 of32)
French Country Castle sits atop the interior ridge on nearly 1 Acre in the "Heights" of Aspen Estates with expansive grounds and landscaping, gated privacy, utmost security and exclusivity. This rundle-stone wrapped estate, custom designed and built by Pacer Signature Homes, offers more than 14,500 sq. ft. of appointed living quarters including 5 Bedrooms, 9 Bathrooms, 5-Car Garage, and a separate Carriage House with a fully suited residence. Designed for grand-scale entertaining and modern living. Finished with exotic materials from around the world. Amenities include: Grand Parlor with Swarovski Crystal Chandelier, Gourmet Kitchen and Butler's Pantry, Men's Parlor, Bar & Games Room, Wine-Tasting Room, Yoga Studio and Spa facilities.Source: Realtor.ca
Aspen Woods: 11.4 Million(26 of32)
French Country Castle sits atop the interior ridge on nearly 1 Acre in the "Heights" of Aspen Estates with expansive grounds and landscaping, gated privacy, utmost security and exclusivity. This rundle-stone wrapped estate, custom designed and built by Pacer Signature Homes, offers more than 14,500 sq. ft. of appointed living quarters including 5 Bedrooms, 9 Bathrooms, 5-Car Garage, and a separate Carriage House with a fully suited residence. Designed for grand-scale entertaining and modern living. Finished with exotic materials from around the world. Amenities include: Grand Parlor with Swarovski Crystal Chandelier, Gourmet Kitchen and Butler's Pantry, Men's Parlor, Bar & Games Room, Wine-Tasting Room, Yoga Studio and Spa facilities.Source: Realtor.ca
Aspen Woods: 11.4 Million(27 of32)
French Country Castle sits atop the interior ridge on nearly 1 Acre in the "Heights" of Aspen Estates with expansive grounds and landscaping, gated privacy, utmost security and exclusivity. This rundle-stone wrapped estate, custom designed and built by Pacer Signature Homes, offers more than 14,500 sq. ft. of appointed living quarters including 5 Bedrooms, 9 Bathrooms, 5-Car Garage, and a separate Carriage House with a fully suited residence. Designed for grand-scale entertaining and modern living. Finished with exotic materials from around the world. Amenities include: Grand Parlor with Swarovski Crystal Chandelier, Gourmet Kitchen and Butler's Pantry, Men's Parlor, Bar & Games Room, Wine-Tasting Room, Yoga Studio and Spa facilities.Source: Realtor.ca
Crescent Heights: 11.5 Million(28 of32)
Downtown, river valley and mountain views from this magnificent Paul Lavoie-designed contemporary residence perched on a point on the ridge just north of downtown. Near 10,000 sq ft of luxurious living space this home is designed for entertaining and features a massive foyer with Guggenheim inspired glass dome ceiling, gourmet kitchen with sitting library, formal dining, and living room with uninterrupted views. Four spacious bedrooms with individual themes and en suites occupy the second level with the masterful conservatory. The master retreat boasts views, double sided fireplace, spa like en suite, privacy deck and private access to the rooftop deck with 360 views and hot tub. Third level library/den. The lower level offers a media room, 2 bedrooms, professional workout room, family room and quaint bar. Total home automation, endless custom millwork, triple door garage that accommodates an RV and lifts all on over 1/2 acre with ample yard for swimming pool.Source: Realtor.ca
Crescent Heights: 11.5 Million(29 of32)
Downtown, river valley and mountain views from this magnificent Paul Lavoie-designed contemporary residence perched on a point on the ridge just north of downtown. Near 10,000 sq ft of luxurious living space this home is designed for entertaining and features a massive foyer with Guggenheim inspired glass dome ceiling, gourmet kitchen with sitting library, formal dining, and living room with uninterrupted views. Four spacious bedrooms with individual themes and en suites occupy the second level with the masterful conservatory. The master retreat boasts views, double sided fireplace, spa like en suite, privacy deck and private access to the rooftop deck with 360 views and hot tub. Third level library/den. The lower level offers a media room, 2 bedrooms, professional workout room, family room and quaint bar. Total home automation, endless custom millwork, triple door garage that accommodates an RV and lifts all on over 1/2 acre with ample yard for swimming pool.Source: Realtor.ca
Crescent Heights: 11.5 Million(30 of32)
Downtown, river valley and mountain views from this magnificent Paul Lavoie-designed contemporary residence perched on a point on the ridge just north of downtown. Near 10,000 sq ft of luxurious living space this home is designed for entertaining and features a massive foyer with Guggenheim inspired glass dome ceiling, gourmet kitchen with sitting library, formal dining, and living room with uninterrupted views. Four spacious bedrooms with individual themes and en suites occupy the second level with the masterful conservatory. The master retreat boasts views, double sided fireplace, spa like en suite, privacy deck and private access to the rooftop deck with 360 views and hot tub. Third level library/den. The lower level offers a media room, 2 bedrooms, professional workout room, family room and quaint bar. Total home automation, endless custom millwork, triple door garage that accommodates an RV and lifts all on over 1/2 acre with ample yard for swimming pool.Source: Realtor.ca
Crescent Heights: 11.5 Million(31 of32)
Downtown, river valley and mountain views from this magnificent Paul Lavoie-designed contemporary residence perched on a point on the ridge just north of downtown. Near 10,000 sq ft of luxurious living space this home is designed for entertaining and features a massive foyer with Guggenheim inspired glass dome ceiling, gourmet kitchen with sitting library, formal dining, and living room with uninterrupted views. Four spacious bedrooms with individual themes and en suites occupy the second level with the masterful conservatory. The master retreat boasts views, double sided fireplace, spa like en suite, privacy deck and private access to the rooftop deck with 360 views and hot tub. Third level library/den. The lower level offers a media room, 2 bedrooms, professional workout room, family room and quaint bar. Total home automation, endless custom millwork, triple door garage that accommodates an RV and lifts all on over 1/2 acre with ample yard for swimming pool.Source: Realtor.ca
Crescent Heights: 11.5 Million(32 of32)
Downtown, river valley and mountain views from this magnificent Paul Lavoie-designed contemporary residence perched on a point on the ridge just north of downtown. Near 10,000 sq ft of luxurious living space this home is designed for entertaining and features a massive foyer with Guggenheim inspired glass dome ceiling, gourmet kitchen with sitting library, formal dining, and living room with uninterrupted views. Four spacious bedrooms with individual themes and en suites occupy the second level with the masterful conservatory. The master retreat boasts views, double sided fireplace, spa like en suite, privacy deck and private access to the rooftop deck with 360 views and hot tub. Third level library/den. The lower level offers a media room, 2 bedrooms, professional workout room, family room and quaint bar. Total home automation, endless custom millwork, triple door garage that accommodates an RV and lifts all on over 1/2 acre with ample yard for swimming pool.Source: Realtor.ca
Saskatoon and Winnipeg also reported a drop in sales by 5.5 and 6.9 per cent respectively.
Residential building permits were also up in western Canada, signalling more upcoming projects.
While Calgary's market condition is experiencing positive momentum, population growth and low unemployment rates in Winnipeg, Saskatoon and Edmonton have remained far superior to the national average.
These metros are bouncing back shortly after the recession, says the report.
"A happy west side story," it adds.