Elbow Park

Elbow Park establishes itself as one of Calgary's premier prestige communities, distinguished by river valley positioning, historic character, and consistent appreciation fundamentals. The community commands average prices of $2,076,447 with median asking prices near $2.44M, reflecting sustained demand from affluent buyers seeking architectural significance and natural setting combination. Properties average $889-$924/sqft with price range spanning $879,000 to $7M+, accommodating diverse prestige portfolio construction. Monthly rental income of $6,972 enables investors to capture meaningful cash flow ($83k+ annually) while participating in appreciation growth. Month-over-month appreciation of +1.42% and days-on-market averaging approximately 90 days indicate healthy demand dynamics and price stability in the prestige segment. Limited active inventory (approximately 10 listings at any time) and strong architectural preference create supply constraints supporting long-term value retention. Elbow Park appeals to patient capital seeking lifestyle and financial returns combined.