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Real Estate, Transportation, Urbanized, News

These are the average home prices within walking distance of CTrain stations

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Kenneth Chan May 09, 2019 12:41 pm

How exactly does a home within a short walking distance from a CTrain station fair in prices? What is the allure in Calgary with being near a rail transit line?

A new report by Zoocasa examined the average 2019 sold prices for both houses and condominiums within an 800-metre radius — approximately a 10-minute walk — of all 45 CTrain stations between January 1 and April 30 of this year.

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Based on the data, the Northeast offers the greatest value for buyers seeking to purchase a house near the transit line, with Rundle Station topping the list with an average home price of $248,750, followed by Franklin at $285,750, and Marlborough at $295,667.

The most expensive houses near CTrain stations were in several neighbourhoods within the inner city, with Sunnyside near downtown being the most expensive with an average price of $1.109 million. This is followed by 69 Street ($926,641) and Banff Trail ($808,806), which is also near McMahon Station and the University of Calgary.

When it comes to affordable condominiums, Somerset-Bridlewood has the most affordable units with an average of $199,214, followed by Crowfoot at $206,125, and Anderson at $210,639.

Unsurprisingly, the most expensive condominiums are within the downtown core: 4 Street station takes the top spot at an average of $498,509, followed by 6 Street ($491,893), and 3 Street ($474,909).

Top 5 Most Affordable CTrain Stops for Houses

  1. Rundle: $248,750
  2. Franklin: $285,750
  3. Marlborough: $295,667
  4. Whitehorn: $308,500
  5. McKnight-Westwinds: $316,400

Top 5 Most Expensive CTrain Stops for Houses

  1. Sunnyside: $1,108,750
  2. 69 Street: $926,641
  3. Banff Trail: $808,806
  4. Sunalta: $806,942
  5. Downtown West / Kirby: $776,125

Top 5 Most Affordable CTrain Stops for Apartments

  1. Somerset-Bridlewood: $199,214
  2. Crowfoot: $206,125
  3. Anderson: $210,639
  4. Sunalta: $210,971
  5. 39 Avenue: $217,000

Top 5 Most Expensive CTrain Stops for Apartments

  1. 4 Street: $498,509
  2. 6 Street: $491,893
  3. 3 Street: $474,909
  4. 7 Street: $423,164
  5. 1 Street: $399,400
CTrain station house affordability Calgary

Average prices of homes near CTrain stations. (Zoocasa)

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