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16 Lebel Crescent NW
homes for sale · Calgary · University District
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$824,900

16 Lebel Crescent NW

University District, Calgary · MLS® A2350608

232

1,731 sq ft · Townhouse · Single Family · built 2018 · 9 days on market

listed by Danny Greene, RE/MAX First

realtor's description

Open House! Saturday, October 24th, 2026, from 1:00 PM to 3:00 PM. Exceptional 2-bedroom, 3-bathroom plus flex room townhome in the heart of Calgary’s vibrant University District – Welcome home to 16 Lebel Cres NW! This meticulously crafted residence unfolds over 1730 square feet, seamlessly blending contemporary design with thoughtful functionality. Occupying a prime location in NW Calgary, you’ll discover convenient access to everything the University District offers – walk to groceries, restaurants, and countless other amenities—while also being just steps away from walking paths and an off-leash dog park. Inside, the open-concept layout features spacious living, dining, and kitchen areas, opening up onto the private balcony – perfect for everyday living & entertaining. The bright & modern kitchen boasts abundant prep space, stainless steel appliances including a gas range, and a generous walk-in pantry. A 2-piece bath completes the main level. Upstairs, you will find the spacious primary suite showcasing a walk-in closet with built-ins and a 4-piece ensuite with dual vanities and a walk-in shower. The second bedroom offers a 4-piece ensuite bath as well and is currently outfitted as a second office with a comfortable Murphy bed—ideal for guests or those seeking a dedicated workspace. The enclosed laundry room with storage completes the upper level. A private, double attached garage provides ample room for two vehicles, with room for additional storage or opportunities for a workshop or other space. The large flex space located on the ground floor is perfect for a home office/recreation, complete with heated floors and steps onto a large enclosed private patio. The unit also boasts an oversized air conditioner already installed, so you can ensure year-round comfort. Steps from the unit are an outdoor courtyard, communal areas, and a park with a playground for your everyday enjoyment. Situated within walking distance of the Foothills Medical Centre, Alberta Child ren’s Hospital & the University of Calgary, this residence is more than just a home; it’s a gateway to a vibrant community filled with possibilities. Book your viewing today!

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property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
3
living area
1,731 sq ft
parking
2
year built
2018
property tax
$5,329 / yr
strata fee
$340 / mo ($0.20 / sq ft)
strata rules
Pets Allowed
days on market
9
MLS®
A2350608

features

  • Back lane
  • Closet Organizers
  • No Smoking Home
  • Parking
  • Pets Allowed
  • Washer

monthly cost

$4,378/mo
Mortgage $3,594 · Tax $444 · Strata $340

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$3,594/ monthly
loan $659,920
25-year amortization
total interest
$418,283
land title fees
$1,585
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$166,565
down + land title fees
total paid
$1,078,203

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$2,861/mo
cap rate
1.1%
yearly net rent ÷ price

Costs: mortgage $3,594 · tax $444 · strata $340 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Dr. Gordon Townsend School698 m
  • Elementary · Catholic St. Vincent De Paul Elementary Junior High School1.7 km
  • Secondary · Catholic St. Francis High School3.1 km

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Danny Greene
RE/MAX First
call Danny · 403-605-6626
Powered by: REALTOR.ca
▶ virtual tour

location

University District, CalgaryGoogle Maps ↗

Rapid transit: Brentwood CTrain station, 1.3 km (about 20 min walk); University CTrain station, 1.7 km (about 26 min walk).

city assessment

$801,500

2026 assessment · market value as of July 1, 2025

  • Up 1.1% from $793,000 in 2025
  • Asking price is 3% above the assessment
  • Built 2018
  • Lot 21,980 m² (236,591 sq ft)
roll yearassessed
2026$801,500
2025$793,000
2024$696,000
2023$698,500
2021$619,500

From City of Calgary open data (property assessments), matched to 16 LEBEL CR NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $5,330 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $5,329 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

University District, CalgaryGoogle Maps ↗

Rapid transit: Brentwood CTrain station, 1.3 km (about 20 min walk); University CTrain station, 1.7 km (about 26 min walk).

Drive times
  • Alberta Children's Hospital3 min
  • École Terre des Jeunes4 min
  • Calgary Charter School Hub ¿ Almadina Campus4 min
  • University of Calgary4 min
  • Downtown Calgary14 min
  • YYC airport23 min
96

Walkability 96/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 19 places to eat or drink, 6 cafes, 10 parks and playgrounds, 1 school, 1 pharmacy, 15 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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