West sector · CMHC Southwest zone · 2026 roll
Aspen Woods, Calgary: home values, suites and rental numbers
Aspen Woods (West sector) has a 2026 median detached assessment of $1,320,000, above 94% of Calgary communities. At an estimated $2,670 local house rent, its median house runs $4,529 short a month with 20% down; break-even is $7,998. A 1-bedroom suite here would rent near $1,642 (CMHC Southwest zone).
What stands out in Aspen Woods?
- Detached values rose 0.8% between the 2025 and 2026 rolls ($1,310,000 → $1,320,000), against a typical +2.4% across Calgary communities.
- 24 suites were registered here in 2023–2025 (3, 8, 13), and 8 more in 2026 to the end of October.
- A 2000s housing stock: the median detached house dates from 2010, older than in 17% of communities.
- Median lot 5,535 sq ft, close to the 5,256 sq ft typical of Calgary communities.
- 2.1 registered suites per 100 houses (city 9.3); #115 of 214 for suites added in the last 12 months.
- 49% above the West sector's typical detached median ($884,625).
The median completed detached house here ($1,320,000), 20% down at 4.58%, rented at Aspen Woods's estimated house rent.
| Price / down payment | $1,320,000 / $264,000 |
|---|---|
| House rent (3+ bed) | $2,670StatCan $2,473 × Southwest zone index 1.08 |
| Mortgage | $5,892 |
| Vacancy and operating costs | −$1,307incl. $8,778/yr 2026 tax |
| NOI · cap rate | $1,363 · 1.24% |
| With a legal suite: upper $2,140 + suite $1,642 | −$3,704 a monthcap 1.99%; $120 suite costs |
| Cash flow, single unit | −$4,529 a monthDSCR 0.23 |
The suite case assumes the upper floor rents as a 2-bedroom house and the suite at the Southwest zone's CMHC 1-bedroom average; a suited house usually costs more to buy, so enter the real price. Open the suite version.
What do rentals rent for around Aspen Woods?
| Unit | Southwest zone |
|---|---|
| 1-bedroom apartment | $1,642 |
| 2-bedroom apartment | $2,083 |
| 3+ bedroom townhouse | $1,911 |
| Apartment vacancy | 3.7% |
Adapted from Canada Mortgage and Housing Corporation, Rental Market Survey, Calgary CMA, October 2025; not an endorsement by CMHC. House rents are our zone-scaled estimate (method).
How did Aspen Woods's values and tax change from 2025 to 2026?
| Home type | Homes | 2025 | 2026 | Tax 2025 → 2026 | Cap rate |
|---|---|---|---|---|---|
| Detached | 2,368 | $1,310,000 | $1,320,000 | $8,096 → $8,778 | 1.24% |
| Semi / duplex | 34 | $2,040,000 | $2,030,000 | $12,608 → $13,499 | 0.57% |
| Townhouse | 494 | $528,500 | $541,500 | $3,266 → $3,601 | 2.15% |
| Apartment condo | 340 | $390,500 | $365,000 | $2,413 → $2,427 | 3.68% |
What this means if you're investing in Aspen Woods
- It needs $7,998 to break even, $5,328 over the estimated local house rent; check Aspen Woods listings before assuming more.
- Even suited it runs $3,704 short; the price, down payment or rate has to change.
- Best yield here at local rents: the apartment condo ($365,000, 3.68% cap rate).
- Tax on the median house went from $8,096 to $8,778 a year.
Which West communities are priced like Aspen Woods?
| Community | Detached median | Break-even rent | Suites (12 mo) |
|---|---|---|---|
| Aspen Woods | $1,320,000 | $7,998 | 49 (8) |
| Patterson | $1,180,000 | $7,171 | 6 (1) |
| Discovery Ridge | $1,150,000 | $6,994 | 12 (3) |
| Christie Park | $1,100,000 | $6,699 | 3 (2) |
Sources: City of Calgary open data (2026 and 2025 assessment rolls, suite registry; Open Government Licence – City of Calgary), Statistics Canada, CMHC. Medians are our calculation; see the methodology. Back to the West sector or all communities; buying to live here? CalgaryMortgageCalculator.ca.