Home / Buildings / Penthouses
Calgary Condo Building Guide · Penthouses & Luxury Condos

Calgary Penthouses for Sale

Top-floor suites, private terraces and river and mountain views in Calgary's best condo towers, with what they are assessed at and what to check before you buy.

Search Calgary Condos For Sale →Ask About a Penthouse
7Condo buildings with penthouses in this guide
1,109Condo units assessed at $1M+ citywide (2026)
$10.2MHighest-assessed condo unit in Calgary (2026)
207$1M+ condo units in Eau Claire, the most of any community

Calgary's penthouses are concentrated in a handful of towers in Eau Claire, the Beltline, East Village and Mission. City of Calgary 2026 assessments put penthouse and top-floor suites anywhere from about $0.4 million for rooftop lofts to more than $5 million at the top of The Guardian, and the highest-assessed condo units in the city, at 135 26 Avenue SW in Mission, reach $10.2 million. Only about 1,109 of Calgary's 144,232 condo units are assessed at $1 million or more.

Penthouse Buildings

Calgary Condo Buildings With Penthouses

Each building is a registered condominium in City of Calgary records, with its penthouses described from City records and the sources in each building guide.

BuildingThe penthouses2026 assessed value of penthouse suites
135 26 Avenue SW
Mission · 26 Avenue SW		Single suites numbered 1200 to 1500 on the top four floors of a building City records date to 2012: the highest-assessed condo units in Calgary (City of Calgary records)$8.1M–$10.2M
The Guardian
Beltline · Victoria Park		Penthouse suites share the top floors of the twin 44-storey towers with residents' amenity spaces; each tower has a single suite, #4200, on its top residential floor (City of Calgary records)$5.8M–$5.9M
The Concord
Eau Claire · across from Prince's Island Park		Large suites on stepped setbacks with river-facing terraces, many with private elevator access, and penthouses at the top; SkyriseCities reported prices of up to $13 million at launch$3.5M–$4.1M
Waterfront
Chinatown · on the Bow River by Eau Claire		Top-floor suites across the riverfront towers, the largest on the 24th floor of 222 Riverfront Avenue SW (City of Calgary records)$1.4M–$2.5M
Park Point
Beltline · Central Memorial Park		Larger suites on the top floors of a 34-storey tower whose biggest floor plates are at the top, overlooking Central Memorial Park$1.0M–$1.2M
Verve
East Village · The Riff		Penthouses on the top floor of East Village's 25-storey Verve, with a rooftop terrace for residents$0.7M–$1.1M
Lewis Lofts
Beltline · warehouse district		Top-floor penthouse lofts in the 1909 J.H. Ashdown warehouse$0.4M–$0.5M

Assessed values are City of Calgary 2026 property assessments of the penthouse or top-floor suites in each building (valuation date July 1, 2025). They are the City's estimate of value for property tax, not sale prices; ask us for recent sales in a specific building.

Building Guides

Penthouse Building Guides

In-depth guides with verified building facts, reported features and what to check before you buy.

Beltline · Victoria Park

The Guardian

Twin 44-storey towers in Victoria Park, among the tallest residential buildings in Calgary.

Building guide → Eau Claire · across from Prince's Island Park

The Concord

Concord Pacific's luxury Eau Claire tower, facing Prince's Island Park and the Bow River.

Building guide → Chinatown · on the Bow River by Eau Claire

Waterfront

A phased, multi-building condo community on the Bow River, on the former Greyhound bus barns site.

Building guide → Beltline · Central Memorial Park

Park Point

A 34-storey Beltline tower overlooking Central Memorial Park.

Building guide → East Village · The Riff

Verve

A 25-storey FRAM + Slokker condo tower with penthouses and rooftop terraces in East Village.

Building guide → Beltline · warehouse district

Lewis Lofts

Lofts in the J.H. Ashdown hardware warehouse, one of Calgary's first warehouse-to-loft conversions.

Building guide →
Map

Where Calgary's Penthouses Are

Building locations from City of Calgary data · Map data © OpenStreetMap contributors

Prices

What Penthouses Are Worth in Calgary

There is no official penthouse price index, and the luxury condo market is small. City of Calgary 2026 assessments give the clearest public picture:

  • 135 26 Avenue SW, Mission: the four suites on its top floors are assessed at $8.1 million to $10.2 million, the highest condo assessments in the city.
  • The Guardian: the single top-floor suite in each tower is assessed at about $5.8 million; the next suites down top out at about $1 million.
  • The Concord: its most valuable suite is assessed at $5.0 million, and the typical unit at about $1.1 million, the only building in this guide where the median unit is over $1 million. SkyriseCities reported prices of up to $13 million when it launched in 2016.
  • Across the city: 1,109 condo units are assessed at $1 million or more and 141 at $2 million or more. Eau Claire has the most $1M+ units (207), followed by Mahogany, the Beltline and Mission.

Sale prices can sit well above or below the City's assessment, especially for one-of-a-kind suites, so treat assessments as a rough guide only.

Fees & Terraces

Penthouse Condo Fees, Unit Factors and Terraces

  • Unit factors: in Alberta, condo fees and special levies are normally shared by unit factor, and every building's unit factors add up to 10,000. A large penthouse usually carries a large unit factor, so it pays a bigger share of the budget and of any special assessment.
  • Terraces: a terrace can be part of your unit, or common property the corporation has given you exclusive use of. In the second case, the Condominium Property Act lets the corporation make you responsible for maintaining and repairing it. The condo plan and bylaws say which.
  • The deductible: since 2020, a corporation can charge an owner up to $50,000 of its insurance deductible when damage starts in that owner's unit or exclusive-use area, regardless of fault. A leaking terrace or hot tub above other suites is exactly that risk.

Ask before you buy

  • What is the unit factor, and what share of the last special levy did this suite pay?
  • Is the terrace part of the unit or exclusive-use common property, and who repairs it?
  • When were the roof membrane and rooftop mechanical last replaced, and what does the reserve fund study plan?

What to check before you buy a penthouse

  • The roof: penthouses sit directly under the roof membrane and rooftop mechanical equipment. Check the reserve fund study, which Alberta requires to look at least 30 years ahead, for their age and replacement plans.
  • Noise and vibration: visit when rooftop equipment is running and listen for fans, chillers and elevator machinery.
  • Elevators: confirm how many elevators serve the top floors and whether a suite has private or keyed access.
  • Insurance: match your own policy to the corporation's deductible and cover the terrace, hot tub and any custom finishes.
  • Resale: fewer buyers shop above $1 million, so penthouses can take months to sell. Look at how long recent sales in the building took.

Before you firm up

Review the condo documents, reserve fund and bylaws with our condo document review guide, and see how condo fees and unit factors work.

FAQ

Calgary Penthouse Questions

How much does a penthouse cost in Calgary?
There is no official penthouse price index. City of Calgary 2026 assessments of penthouse and top-floor suites range from about $0.4 million for the rooftop lofts at Lewis Lofts to $1–2.5 million at Park Point, Verve and Waterfront, $3.5–5 million at The Concord and The Guardian, and up to $10.2 million at 135 26 Avenue SW in Mission. Assessments are the City's estimate of value for property tax, not sale prices.
How many condos in Calgary are worth more than $1 million?
About 1,109 condo units are assessed at $1 million or more in 2026, under 1% of the city's 144,232 condo units, and only 141 are assessed at $2 million or more, according to City of Calgary assessment data.
Where are Calgary's most expensive condos?
Eau Claire, beside the Bow River and Prince's Island Park, has more condo units assessed at $1 million or more (207) than any other community. Mahogany, the Beltline and Mission follow, and the single highest-assessed condo units are on the top floors of 135 26 Avenue SW in Mission.
Why are penthouse condo fees higher?
In Alberta, condo fees and special levies are normally shared by unit factor, and all the unit factors in a building add up to 10,000. Larger units usually carry larger unit factors, so a penthouse pays a bigger share of the building's budget, and of any special assessment, and some owner votes are weighted by unit factor too.
Who maintains a penthouse terrace?
It depends on the condo plan and bylaws. A terrace can be part of the unit, or common property the corporation has given the owner exclusive use of. In the second case, Alberta's Condominium Property Act lets the corporation make the owner responsible for maintaining and repairing it.
What happens if water from my penthouse damages the suites below?
Since 2020, an Alberta condo corporation can charge an owner up to $50,000 of its insurance deductible when damage starts in that owner's unit or exclusive-use area, whether or not the owner was at fault. Construction defects and normal wear are excluded, so make sure your own policy covers the deductible.
Sources for this page
The Elevate Realty Group team
About the Team

Elevate Realty Group

We're an Alberta real estate team with Real Broker, helping condo buyers and sellers across Calgary's Beltline, Downtown, East Village, Mission and beyond. We know what to look for in condo documents, reserve funds and bylaws, and we give you straight answers — no pressure.

  • Market knowledge — neighbourhoods, building types and recent sales across Calgary
  • Condo document review — once your offer is accepted, we flag red flags before you waive conditions
  • Buyer, seller and investor experience — first condos, downsizes and rental portfolios
Connect With Our Team → Meet the Team

★ Read our Google reviews →

Ready to Search?

Live Condo MLS® Listings

Search every condo on the Calgary MLS®, updated daily — then let a local condo specialist help you separate the great buildings from the money pits.

View All Condos For Sale → Talk to Our Team