Crescent Heights, Calgary · MLS® A2342275
552
2,886 sq ft · 5,000 sq ft lot · House · Single Family · built 2027 · 52 days on market
listed by Kyle Dexter, eXp Realty
BRAND NEW LUXURY BUILD IN CRESCENT HEIGHTS – COMPLETING 2027 | Here is your opportunity to secure a brand new, custom-built home in one of Calgary's most sought-after inner-city communities. Set on a quiet, tree-lined street just minutes from downtown, this stunning two-storey offers over 3,900 sq ft of thoughtfully designed living space across three fully finished levels, with 5 bedrooms, 4.5 bathrooms and 3 upper-level ensuites. Step inside to soaring ceilings, an open floorplan and a bright main level anchored by a spacious great room with gas fireplace. The chef's kitchen features a luxury appliance package including a gas range and range hood, along with a large island, walk-in pantry, beverage fridge and built-in features, flowing seamlessly into the generous dining nook and out to the rear deck – perfect for entertaining. A private main-floor office, elegant powder room and mud room complete the main level. Upstairs, the primary retreat is a true sanctuary with a walk-in closet complete with custom organizers and a spa-inspired 5-piece ensuite with double vanity. Two additional bedrooms each enjoy their own private 4-piece ensuite, and every upper-level ensuite is finished with electric in-floor heating. A large bonus room and a convenient upper-level laundry with sink round out the second floor. The fully finished lower level is built for gathering, with radiant in-floor heat throughout, an expansive games room featuring a wet bar, two more bedrooms, a 3-piece bath and ample storage. Outside, an oversized double garage is heated and equipped with 200 AMP power – ideal for the car enthusiast, workshop or future EV charging. Additional highlights include central air conditioning, recessed lighting throughout, a fenced, landscaped and low-maintenance yard on a level rectangular lot, and the peace of mind that comes with brand new construction. You're steps to Crescent Heights' parks, playgrounds and schools, with the shops and restaurants of Bridgeland and Kens ington, the Bow River pathways and the downtown core all within easy reach. Possession upon completion in 2027 – an exceptional chance to own a brand new home in the heart of Crescent Heights.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Nearest public (CBE) and Catholic schools, by distance
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.
Rapid transit: City Hall/Bow Valley College CTrain station, 1.2 km (about 18 min walk); Centre Street CTrain station, 1.2 km (about 18 min walk).
$759,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $759,000 |
| 2025 | $651,000 |
| 2024 | $572,000 |
| 2023 | $492,500 |
| 2022 | $428,500 |
| 2021 | $450,000 |
| 2020 | $484,000 |
| 2019 | $596,000 |
From City of Calgary open data (property assessments), matched to 221 5 AV NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $5,047 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $5,047 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.
Rapid transit: City Hall/Bow Valley College CTrain station, 1.2 km (about 18 min walk); Centre Street CTrain station, 1.2 km (about 18 min walk).
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 28 places to eat or drink, 2 cafes, 12 parks and playgrounds, 1 pharmacy, 14 transit stops.
mihom score from OpenStreetMap places, by straight line distance.