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Homes for Sale in Monterey Park, Calgary

Monterey Park draws buyers who want detached-home ownership at a price point that still leaves room in the budget.

Active listings

46

Median list price

$625,000

Avg list price

$580,480

Homes for Sale in Monterey Park, Calgary

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Buying in Monterey Park

Who fits here

Monterey Park draws buyers who want detached-home ownership at a price point that still leaves room in the budget. The community was purpose-built as a family neighbourhood in the late 1980s, and that character has held: most streets are lined with single-family homes on generous lots, and the ownership rate sits above 93%. Nearly half of residents are immigrants, giving the area a genuinely multicultural feel that shows up in local food options along 32nd Avenue and McKnight Boulevard. Young families are well-served by Monterey Park School (K–6, Calgary Board of Education), with Catholic and junior-high options a short bus ride away. The community is calm and walkable inside its boundaries, yet the Trans-Canada Highway to the south and McKnight Boulevard to the north put most of northeast Calgary within a 10-minute drive. Buyers who want space — a real backyard, a two-car garage, a basement suite potential — without paying inner-city premiums consistently land here. Crime rates have been trending down, falling from 1.6 per 100 residents in 2018 to 1.1 in 2023, which gives cautious buyers additional confidence.

Current market in the neighbourhood

Monterey Park homes are currently listed between, with a median sold price of over the past 12 months. Sellers are achieving of their asking price on average, and homes are spending days on market before going firm. With sales recorded in the last year and an average price per square foot, the neighbourhood offers some of northeast Calgary''s best value for detached square footage. The active listing count of 46 gives buyers a reasonable selection without the pressure of an overheated market.

Commute and lifestyle

One of Monterey Park''s practical advantages is how much essential infrastructure sits within a short radius. Peter Lougheed Centre — a 600-bed regional hospital at 3500 26 Ave NE with a 24-hour emergency department, cardiology, oncology, and a dedicated ICU — is roughly a 10-minute drive southwest. For healthcare workers, that commute is remarkably short by Calgary standards. Transit riders take the Route 61 or Route 85 bus to Martindale CTrain station, which opened in 2012 on the Blue Line (Route 202); from there, downtown is about 35 minutes without a transfer. McKnight–Westwinds station is also accessible for those heading south toward the city centre faster. Day-to-day errands are covered by the shops clustered along 32 Avenue NE and the retail at Sunridge Mall, roughly 10 minutes west. Nose Creek Regional Park and the pathway network along Stoney Trail provide green-space access for cyclists and dog walkers. The neighbourhood''s position just inside the city''s eastern boundary also means quick access to Stoney Trail (Ring Road), useful for anyone commuting to the airport or industrial parks in the northeast.

Long-term context

Monterey Park entered the current cycle as one of Calgary''s more affordable detached-home communities, which has historically acted as a floor during softer markets. Calgary housing prices have risen dramatically since 2020 and remain well above the levels of a decade ago even after the 2024–2025 moderation cycle. In the NE quadrant specifically, detached prices softened modestly in 2024 — part of a city-wide deceleration after three years of rapid gains — but the correction has been shallower than in higher-priced quadrants because entry-level product retains more organic demand. The community''s population was already above 10,000 residents as of the 2012 municipal census, meaning the neighbourhood is fully built-out: there is no greenfield supply to dilute resale values. Long-term owners who purchased before 2020 have seen substantial equity growth. For buyers entering now, the stabilisation period represents a more measured entry point than the frenzied 2022–2023 window, with room for further gains as Calgary''s population continues to grow and affordable northeast inventory stays constrained.

About Monterey Park

Overview

Monterey Park is a vibrant, family-friendly residential neighbourhood located in the northeast quadrant of Calgary. Established in 1985, the community is uniquely known for its California theme, which is reflected in its palm tree-inspired streetlights, wide boulevards, and West Coast-inspired street names. It offers a relaxed, suburban atmosphere that appeals to a diverse array of residents.

Location

The neighbourhood is situated at the eastern edge of the city, bounded by McKnight Boulevard to the north and the Trans-Canada Highway (16 Avenue NE) to the south. Its western border is 68 Street NE, while Stoney Trail forms the eastern boundary, providing residents with excellent regional connectivity across Calgary.

Housing character

The real estate landscape in Monterey Park is primarily characterized by single-family detached homes, many of which are two-storey and bungalow builds from the 1990s featuring attached garages. There are also affordable townhouse and condominium options available for first-time buyers and downsizers. The local market is steady, with homes seeing an average of on the market and a typical median price.

Schools

Families in the area have access to several educational options. The community is home to Monterey Park School, a public institution serving students from Kindergarten to Grade 6. Older students are typically served by the nearby Clarence Sansom School (Grades 7-9) and Lester B. Pearson High School, while Catholic and private school options are also accessible in surrounding northeast neighbourhoods.

Transit

Monterey Park is highly car-friendly, offering quick and easy access to major commuter arteries like Stoney Trail and the Trans-Canada Highway for a straightforward drive to downtown Calgary. For public transit users, the neighbourhood is serviced by several Calgary Transit bus routes, including the 34, 48, 57, and 68, which provide convenient connections to the nearby Whitehorn and Rundle LRT stations.

Shopping and dining

Everyday conveniences are easily met within the community at the Monterey Park Shopping Plaza, which features a local grocery store, medical services, and casual dining options. For a broader retail and restaurant experience, residents are only a short drive away from larger commercial hubs like Village Square Mall, TransCanada Centre, Sunridge Mall, and Marlborough Mall.

Parks and recreation

The neighbourhood boasts approximately 20 well-distributed pocket parks, playgrounds, and paved walking pathways, making it easy for residents to enjoy the outdoors close to home. Nearby major recreational facilities include the Village Square Leisure Centre, which offers indoor skating arenas and a wave pool, as well as the expansive green spaces and sports courts at Prairie Winds Park.

Lifestyle

Monterey Park offers a quiet, welcoming, and culturally diverse environment. Its peaceful residential streets and strong community association make it an ideal setting for growing families, young professionals, and retirees who desire a relaxed suburban lifestyle without sacrificing access to urban amenities.

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Frequently Asked Questions

The median sold price in Monterey Park over the past 12 months is, with homes typically ranging from. The neighbourhood is one of northeast Calgary''s most affordable options for detached homes.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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.

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.

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®).

Listing information last updated on April 25, 2026 at 6:00 pm (America/Edmonton)