Northwest sector · CMHC Northwest zone · 2026 roll
Citadel, Calgary: home values, suites and rental numbers
Citadel (Northwest sector) has a 2026 median detached assessment of $701,500, above 33% of Calgary communities. At an estimated $2,500 local house rent, its median house runs $1,570 short a month with 20% down; break-even is $4,347. A 1-bedroom suite here would rent near $1,648 (CMHC Northwest zone).
What stands out in Citadel?
- Detached values rose 1.2% between the 2025 and 2026 rolls ($693,500 → $701,500), against a typical +2.4% across Calgary communities.
- 33 suites were registered here in 2023–2025 (10, 8, 15), and 14 more in 2026 to the end of October.
- A 1990s housing stock: the median detached house dates from 1999, older than in 35% of communities.
- Median lot 4,616 sq ft, 12% smaller than the 5,256 sq ft typical community.
- 3.0 registered suites per 100 houses (city 9.3); #66 of 214 for suites added in the last 12 months.
- 10% below the Northwest sector's typical detached median ($777,000).
The median completed detached house here ($701,500), 20% down at 4.58%, rented at Citadel's estimated house rent.
| Price / down payment | $701,500 / $140,300 |
|---|---|
| House rent (3+ bed) | $2,500StatCan $2,473 × Northwest zone index 1.01 |
| Mortgage | $3,131 |
| Vacancy and operating costs | −$939incl. $4,665/yr 2026 tax |
| NOI · cap rate | $1,561 · 2.67% |
| With a legal suite: upper $2,000 + suite $1,648 | −$714 a monthcap 4.13%; $120 suite costs |
| Cash flow, single unit | −$1,570 a monthDSCR 0.50 |
The suite case assumes the upper floor rents as a 2-bedroom house and the suite at the Northwest 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 Citadel?
| Unit | Northwest zone |
|---|---|
| 1-bedroom apartment | $1,648 |
| 2-bedroom apartment | $1,818 |
| 3+ bedroom townhouse | $2,186 |
| Apartment vacancy | 6.4% |
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 Citadel's values and tax change from 2025 to 2026?
| Home type | Homes | 2025 | 2026 | Tax 2025 → 2026 | Cap rate |
|---|---|---|---|---|---|
| Detached | 2,820 | $693,500 | $701,500 | $4,286 → $4,665 | 2.67% |
| Semi / duplex | 0 | Too few completed homes | |||
| Townhouse | 633 | $452,000 | $449,000 | $2,793 → $2,986 | 3.38% |
| Apartment condo | 224 | $286,000 | $272,500 | $1,768 → $1,812 | 4.13% |
What this means if you're investing in Citadel
- It needs $4,347 to break even, $1,847 over the estimated local house rent; check Citadel listings before assuming more.
- Even suited it runs $714 short; the price, down payment or rate has to change.
- Best yield here at local rents: the apartment condo ($272,500, 4.13% cap rate).
- Tax on the median house went from $4,286 to $4,665 a year.
Which Northwest communities are priced like Citadel?
| Community | Detached median | Break-even rent | Suites (12 mo) |
|---|---|---|---|
| Citadel | $701,500 | $4,347 | 84 (20) |
| Montgomery | $683,000 | $4,238 | 167 (59) |
| Tuscany | $740,000 | $4,574 | 77 (13) |
| Brentwood | $744,000 | $4,598 | 141 (15) |
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 Northwest sector or all communities; buying to live here? CalgaryMortgageCalculator.ca.