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Homes for Sale in Franklin, Calgary

Franklin is a compact northeast Calgary neighbourhood that suits buyers who want affordable entry points without sacrificing transit access.

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Active listings

2

Median list price

$500,000

Avg list price

$500,000

Homes for Sale in Franklin, Calgary

Showing 2 of 2 active MLS® listings

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128 28 Street Southeast, Calgary

$450,000

128 28 Street Southeast, Calgary

Retail · 1,000 sqft

3208 8 Avenue Northeast, Calgary

$550,000

3208 8 Avenue Northeast, Calgary

Commercial Mix · 1,000 sqft

Buying in Franklin

Who fits here

Franklin is a compact northeast Calgary neighbourhood that suits buyers who want affordable entry points without sacrificing transit access. Positioned along Memorial Drive NE with direct access to the Franklin C-Train station on the Blue Line, the area draws first-time buyers, investors, and value-focused families who prioritise commute efficiency over neighbourhood prestige. The housing mix leans toward older detached homes and modest infill on wider-than-average lots — a combination that creates genuine renovation upside. Buyers who stretched into more expensive NE communities like Rundle or Pineridge will find Franklin's pricing range meaningfully lower while retaining the same LRT corridor advantage. The surrounding area includes the Marlborough commercial district to the west for daily errands, and the broader NE Calgary school network — including Calgary Board of Education and Calgary Catholic School District schools — within a short drive. Franklin suits buyers who evaluate value per transit-stop more than curb-appeal score.

Current market in the neighbourhood

Franklin's resale market is defined by affordability relative to the broader Calgary northeast corridor. The median sold price sits and the average, with price per square foot averaging. The active price band runs from at the entry level to for larger detached properties, with 2 homes available at any given time. Over the past 12 months, properties have traded in Franklin, and homes have spent an average of days on market. Sellers are realising of their asking price on average — a useful signal of whether the market is favouring buyers or sellers right now. With the median list price at $500,000, Franklin consistently prices below the Calgary city-wide average for detached product.

Commute and lifestyle

Franklin's single strongest lifestyle asset is transit access. The Franklin C-Train station on the Blue Line puts downtown Calgary roughly 20 minutes away by rail — no parking, no traffic, no fuel cost. That commute profile attracts buyers who work downtown or near the CTrain corridor and want to eliminate car dependency for weekday commutes. Memorial Drive NE is the neighbourhood's main arterial, connecting directly to the Deerfoot Trail interchange for drivers heading north or south across the city. Day-to-day shopping clusters along 36 Street NE and the Marlborough Mall area, keeping groceries, pharmacies, and restaurants within a short drive or cycle. Franklin Industrial Zone sits to the north, which keeps the residential pocket quiet on evenings and weekends when industrial traffic drops off. The Bow River pathway system is accessible via Marlborough Park to the east, offering flat, paved cycling and walking routes that connect across Calgary's river valley network.

Long-term context

Franklin's value trajectory is shaped by two converging factors: its proximity to transit infrastructure and its position as one of the more affordable pockets in northeast Calgary's built-out corridor. The neighbourhood completed its primary residential development cycle decades ago, which means no new supply is entering the market — appreciation is driven by renovation activity, investor interest, and broad Calgary market cycles rather than competing with new construction. Transit-oriented development pressure is real: City of Calgary approved the redevelopment of the Franklin Station Park-and-Ride lot in April 2025 for 350 new mixed-market housing units through Onward, signalling growing municipal confidence in the corridor's long-term demand. Calgary's sustained population growth — driven by interprovincial migration — has lifted the floor on inner-ring NE Calgary neighbourhoods consistently over the past decade. Buyers entering Franklin now are acquiring in a supply-constrained, transit-adjacent community ahead of a planned infusion of new residents.

About Franklin

Overview

Franklin is a centrally located district in Calgary, predominantly known as an established commercial hub and industrial area. With excellent transit connectivity and ongoing city-led transit-oriented development (TOD) around the Franklin LRT station, the neighborhood is slowly evolving to incorporate more mixed-use and affordable multi-family spaces. Because of its specific commercial-heavy nature, residential properties are rare, often seeing an average of on the market.

Location

Situated in the central east sector of Calgary, Franklin is bounded by key thoroughfares including Memorial Drive, Barlow Trail, 36 Street E, and 16 Avenue NE (the Trans-Canada Highway). This prime positioning offers rapid vehicular access to Deerfoot Trail and sits just 10 minutes outside the downtown core.

Housing character

As a primarily commercial and industrial zone, residential housing in Franklin is highly limited, consisting mostly of multi-family complexes and condos that border the adjacent neighborhood of Albert Park/Radisson Heights. The dominant property type is mixed-use, maintaining a mid-range price positioning with an average sold price and recording residential sales over the last 12 months.

Schools

While there are no traditional schools located directly within the industrial park boundaries, families have access to educational institutions in neighboring communities. Notable nearby options include Sir John Franklin School, which offers an Arts-Centred Learning program for grades 5 to 9 in Mayland Heights, and Sir Wilfrid Laurier Middle School to the south.

Transit

Transit is one of Franklin's strongest community assets, anchored by the Franklin LRT Station on the CTrain's Blue Line. The station provides swift, direct access into Downtown Calgary and features a large park-and-ride lot, complemented by several local bus routes for seamless neighborhood commuting.

Shopping and dining

Everyday shopping is highly convenient, with major retail hubs like Marlborough Mall and Pacific Place Mall located just east along 36 Street. Within the Franklin area itself, residents and workers frequent local daytime eateries, diverse international restaurants like Zaika Biryani House, and various specialized businesses.

Parks and recreation

Rather than sprawling green spaces, Franklin is famous for its massive indoor recreation and entertainment venues. The district operates as a hidden gem for group activities, hosting popular indoor destinations like Splitsville Bowling, Live Edge Axe Throwing, Escape Ops, and various virtual reality gaming centers.

Lifestyle

The lifestyle in Franklin balances industrial practicality with a surprisingly vibrant after-hours entertainment scene. Locals can easily commute to work or downtown during the day, then spend their evenings exploring the neighborhood's impressive craft beverage trail, which features popular local spots like SunnyCider, Origin Brewing, and ToolShed Brewing.

See recent sold prices in Franklin, Calgary

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Frequently Asked Questions

Franklin's housing stock is primarily older detached single-family homes and modest infills on established lots. The neighbourhood does not have a significant condo or townhouse inventory, which keeps the market focused on ground-oriented product. Buyers looking for detached homes at entry-level Calgary pricing will find Franklin's stock fits that profile.

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Copyright 2026 by the Canadian Real Estate Association (CREA). All Rights Reserved.

Data provided by the Canadian Real Estate Association (CREA). Data is deemed reliable but is not guaranteed accurate.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Listing information last updated on April 24, 2026 at 4:00 pm (America/Edmonton)