South sector · CMHC Fish Creek zone · 2026 roll
Walden, Calgary: home values, suites and rental numbers
Walden (South sector) has a 2026 median detached assessment of $745,000, above 45% of Calgary communities. At an estimated $2,360 local house rent, its median house runs $1,907 short a month with 20% down; break-even is $4,604. A 1-bedroom suite here would rent near $1,546 (CMHC Fish Creek zone).
What stands out in Walden?
- Detached values fell 1.4% between the 2025 and 2026 rolls ($755,750 → $745,000), against a typical +2.4% across Calgary communities.
- 176 suites were registered here in 2023–2025 (64, 50, 62), and 30 more in 2026 to the end of October.
- A post-2015 housing stock: the median detached house dates from 2016, older than in 13% of communities.
- Median lot 3,835 sq ft, 27% smaller than the 5,256 sq ft typical community.
- 17.1 registered suites per 100 houses (city 9.3); #32 of 214 for suites added in the last 12 months.
- Condo-heavy: 35% of completed homes are townhouse or apartment units.
The median completed detached house here ($745,000), 20% down at 4.58%, rented at Walden's estimated house rent.
| Price / down payment | $745,000 / $149,000 |
|---|---|
| House rent (3+ bed) | $2,360StatCan $2,471 × Fish Creek zone index 0.96 |
| Mortgage | $3,325 |
| Vacancy and operating costs | −$942incl. $4,954/yr 2026 tax |
| NOI · cap rate | $1,418 · 2.28% |
| With a legal suite: upper $1,890 + suite $1,546 | −$1,113 a monthcap 3.56%; $120 suite costs |
| Cash flow, single unit | −$1,907 a monthDSCR 0.43 |
The suite case assumes the upper floor rents as a 2-bedroom house and the suite at the Fish Creek 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 Walden?
| Unit | Fish Creek zone |
|---|---|
| 1-bedroom apartment | $1,546 |
| 2-bedroom apartment | $1,725 |
| 3+ bedroom townhouse | $1,640 |
| Apartment vacancy | 5% |
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 Walden's values and tax change from 2025 to 2026?
| Home type | Homes | 2025 | 2026 | Tax 2025 → 2026 | Cap rate |
|---|---|---|---|---|---|
| Detached | 1,785 | $755,750 | $745,000 | $4,671 → $4,954 | 2.28% |
| Semi / duplex | 510 | $556,500 | $557,250 | $3,439 → $3,706 | 3.28% |
| Townhouse | 817 | $461,500 | $448,000 | $2,852 → $2,979 | 2.10% |
| Apartment condo | 428 | $381,000 | $346,500 | $2,355 → $2,304 | 2.83% |
What this means if you're investing in Walden
- It needs $4,604 to break even, $2,244 over the estimated local house rent; check Walden listings before assuming more.
- Even suited it runs $1,113 short; the price, down payment or rate has to change. 306 registered suites show the layouts allow them.
- Best yield here at local rents: the semi / duplex ($557,250, 3.28% cap rate).
- Tax on the median house went from $4,671 to $4,954 a year.
Which South communities are priced like Walden?
| Community | Detached median | Break-even rent | Suites (12 mo) |
|---|---|---|---|
| Walden | $745,000 | $4,604 | 306 (45) |
| Maple Ridge | $746,750 | $4,614 | 8 (3) |
| Belmont | $747,000 | $4,615 | 300 (62) |
| Canyon Meadows | $734,000 | $4,539 | 76 (13) |
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 South sector or all communities; buying to live here? CalgaryMortgageCalculator.ca.