North sector · CMHC Northwest zone · 2026 roll
Evanston, Calgary: home values, suites and rental numbers
Evanston (North sector) has a 2026 median detached assessment of $730,000, above 42% of Calgary communities. At an estimated $2,500 local house rent, its median house runs $1,713 short a month with 20% down; break-even is $4,515. A 1-bedroom suite here would rent near $1,648 (CMHC Northwest zone).
What stands out in Evanston?
- Detached values rose 0.8% between the 2025 and 2026 rolls ($724,000 → $730,000), against a typical +2.4% across Calgary communities.
- 167 suites were registered here in 2023–2025 (38, 58, 71), and 35 more in 2026 to the end of October.
- A 2000s housing stock: the median detached house dates from 2013, older than in 14% of communities.
- Median lot 4,061 sq ft, 23% smaller than the 5,256 sq ft typical community.
- 6.7 registered suites per 100 houses (city 9.3); #36 of 214 for suites added in the last 12 months.
The median completed detached house here ($730,000), 20% down at 4.58%, rented at Evanston's estimated house rent.
| Price / down payment | $730,000 / $146,000 |
|---|---|
| House rent (3+ bed) | $2,500StatCan $2,473 × Northwest zone index 1.01 |
| Mortgage | $3,258 |
| Vacancy and operating costs | −$955incl. $4,854/yr 2026 tax |
| NOI · cap rate | $1,545 · 2.54% |
| With a legal suite: upper $2,000 + suite $1,648 | −$857 a monthcap 3.95%; $120 suite costs |
| Cash flow, single unit | −$1,713 a monthDSCR 0.47 |
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 Evanston?
| 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 Evanston's values and tax change from 2025 to 2026?
| Home type | Homes | 2025 | 2026 | Tax 2025 → 2026 | Cap rate |
|---|---|---|---|---|---|
| Detached | 4,467 | $724,000 | $730,000 | $4,475 → $4,854 | 2.54% |
| Semi / duplex | 424 | $616,250 | $628,000 | $3,809 → $4,176 | 3.06% |
| Townhouse | 1,190 | $462,500 | $444,000 | $2,858 → $2,953 | 3.43% |
| Apartment condo | 67 | $298,000 | $261,000 | $1,842 → $1,736 | 4.35% |
What this means if you're investing in Evanston
- It needs $4,515 to break even, $2,015 over the estimated local house rent; check Evanston listings before assuming more.
- Even suited it runs $857 short; the price, down payment or rate has to change. 301 registered suites show the layouts allow them.
- Best yield here at local rents: the apartment condo ($261,000, 4.35% cap rate).
- Tax on the median house went from $4,475 to $4,854 a year.
Which North communities are priced like Evanston?
| Community | Detached median | Break-even rent | Suites (12 mo) |
|---|---|---|---|
| Evanston | $730,000 | $4,515 | 301 (42) |
| Lewisburg | $747,500 | $4,618 | 159 (87) |
| Kincora | $751,500 | $4,642 | 90 (14) |
| North Haven Upper | $699,000 | $4,332 | 2 (0) |
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 North sector or all communities; buying to live here? CalgaryMortgageCalculator.ca.