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Homes for Sale in Parkhill, Calgary

Parkhill suits buyers who want genuine inner-city character without paying the premium that attaches to neighbouring Mount Royal.

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Active listings

8

Median list price

$2,167,500

Avg list price

$2,071,225

Homes for Sale in Parkhill, Calgary

Showing 8 of 8 active MLS® listings

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3650 2 Street Southwest, Calgary

$1,345,000

3650 2 Street Southwest, Calgary

Townhouse · 2 bed · 3 bath · 2,235 sqft

3650 2 Street SW, Calgary

$1,345,000

3650 2 Street SW, Calgary

2 Storey · 2 bed · 3 bath · 2,234.57 sqft

3816 Parkhill Place Southwest, Calgary

$499,900

3816 Parkhill Place Southwest, Calgary

Other

3816 Parkhill Place SW, Calgary

$499,900

3816 Parkhill Place SW, Calgary

Other

4120 1A Street Southwest, Calgary

$2,990,000

4120 1A Street Southwest, Calgary

Single Level Apartment · 2 bed · 3 bath · 2,921 sqft

4120 1A Street Southwest, Calgary

$3,450,000

4120 1A Street Southwest, Calgary

Single Level Apartment · 3 bed · 3 bath · 2,976 sqft

4120 1A Street SW, Calgary

$3,450,000

4120 1A Street SW, Calgary

Single Level Apartment · 3 bed · 3 bath · 2,975.73 sqft

4120 1A Street SW, Calgary

$2,990,000

4120 1A Street SW, Calgary

Apartment-Single Level Unit,Attached-Up/Down · 2 bed · 3 bath · 2,920.85 sqft

Buying in Parkhill

Who fits here

Parkhill suits buyers who want genuine inner-city character without paying the premium that attaches to neighbouring Mount Royal. Established in 1910, the neighbourhood sits along the Elbow River ridge just above Mission, which means mature tree-lined streets, a mix of well-kept original bungalows, modest infills, and low-rise apartment buildings on a compact 0.6 km² footprint. Because roughly 43% of units have historically been rentals, the area attracts both owner-occupiers looking to settle in and investors seeking long-term hold property close to downtown. Buyers drawn to walkability will appreciate that Mission''s 4th Street SW — with its restaurants, boutiques, and Lilac Festival energy — is a short walk north, and that Stanley Park and the Elbow River pathway system are literally at the back door. The buyer who fits Parkhill best is someone who values established neighbourhood texture, Elbow River access, and proximity to the city core over new construction finishes, and who understands that an area redevelopment plan signals long-term upside as the neighbourhood continues to evolve.

Current market in the neighbourhood

Parkhill is a compact, high-demand inner-SW community where inventory tends to move quickly. The median sold price currently sits, with an average of across all property types. Homes and condos have averaged days on market over the past year, and sellers have been achieving of list price on average — a sign of a competitive, supply-constrained market. Over the past 12 months, properties changed hands in the neighbourhood. Active listings are limited at any given time, with 8 homes currently available. Price per square foot averages, and the active market spans roughly to depending on property type and renovation level.

Commute and lifestyle

Parkhill''s defining lifestyle advantage is its position between two of Calgary''s most beloved amenities: Mission''s 4th Street SW corridor to the north and the Elbow River to the west. The 4th Street strip — running from Mission Road through to 17th Avenue — is lined with independent restaurants, coffee shops, and specialty retailers that residents can reach on foot in minutes. The Elbow River pathway connects Parkhill directly into Stanley Park, a 50-hectare green space with picnic areas, a lawn bowling green, and off-leash dog areas that feels surprisingly spacious for an inner-city setting. For commuters, downtown Calgary is roughly a 10-minute drive or a short C-Train ride from nearby Erlton/Stampede Station on the Red Line. Macleod Trail along the eastern edge gives direct southbound access, while Mission Road feeds quickly into the Elbow Drive and 14th Street corridors. The Beltline and downtown core are also accessible by bike via the Elbow River multi-use path. Elbow Park School (CBE, K–9) serves the area, and a range of Catholic and private options are within a short drive through the inner-SW.

Long-term context

Parkhill''s long-term appreciation story is grounded in geography that cannot be replicated: Elbow River frontage, adjacency to Stanley Park, and a walkable connection to Mission — all within 2 km of downtown Calgary. As one of the city''s oldest neighbourhoods (established 1910), it carries the land scarcity premium that inner-city communities accumulate over time. The active area redevelopment plan signals that the City of Calgary is guiding — rather than restricting — densification, which has historically supported land values as older single-family lots attract infill development. The West Elbow Communities Local Area Plan, which includes Parkhill, further reinforces a planning framework oriented toward walkable, mixed housing forms. For buyers, this means the neighbourhood''s character will evolve toward higher density over the coming decade, which typically compresses cap rates on existing properties and lifts land values. Buyers purchasing now are acquiring in a market where supply remains tightly constrained by geography and lot scarcity, positioning Parkhill as a solid long-term hold in Calgary''s inner-SW.

About Parkhill

Overview

Parkhill is a historic and highly sought-after inner-city neighbourhood in southwest Calgary. Established in 1910, it offers a seamless blend of heritage charm and modern urban convenience, appealing to young professionals and families looking for natural beauty close to the downtown core. The local market sees steady activity, with properties sold over the past 12 months.

Location

Situated in Calgary's southwest quadrant, Parkhill is bounded by Mission Road to the north, Macleod Trail to the east, 42nd Avenue to the south, and the scenic Elbow River to the west. Its prime central location provides incredibly quick and convenient access to the downtown core.

Housing character

Housing in Parkhill is delightfully eclectic. While apartments and condominiums represent a dominant property type in the mid-range market, the area also features historical 1910 heritage homes, modern row townhouses, and upscale contemporary infills. Buyers can expect an average sold price and properties typically spending on the market.

Schools

While there are no schools located directly within the neighbourhood boundaries, residents have easy access to highly regarded educational institutions in bordering communities. Nearby options include Western Canada High School, St. Mary's High School, and various public and Catholic elementary and middle schools just minutes away.

Transit

Commuting from Parkhill is exceptionally convenient. The neighbourhood boasts excellent public transit access, anchored by the nearby 39 Avenue CTrain Station on the Red Line. Regular bus routes and immediate vehicle access to Macleod Trail make navigating Calgary straightforward.

Shopping and dining

Parkhill residents enjoy proximity to some of Calgary's best shopping and dining districts. The nearby 4th Street SW in Mission and 17th Avenue offer an abundance of trendy restaurants, cozy cafes, and boutique shops. Macleod Trail also provides a wide array of convenient retail hubs and everyday commercial amenities.

Parks and recreation

The community is an outdoor lover's dream, bordering the beautiful Elbow River and expansive Stanley Park. Residents have immediate access to the Elbow River Pathway system, picnic sites, tennis courts, and an outdoor skating rink. The world-class MNP Community & Sport Centre is also just a short distance away.

Lifestyle

Parkhill offers a vibrant, connected lifestyle that balances lively urban energy with peaceful riverside living. Whether it is a morning jog along the river, enjoying local boutique shopping, or a brief commute to downtown, the neighbourhood provides an ideal setting for an active lifestyle, characterized by an accessible median sold price.

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Frequently Asked Questions

Parkhill is one of Calgary''s oldest inner-city neighbourhoods, established in 1910. It sits along the Elbow River ridge in the southwest, bordered by Stanley Park to the west and Mission to the north. The neighbourhood is known for its mature trees, mix of original bungalows and infill homes, and walking-distance access to both the 4th Street SW restaurant corridor and the Elbow River pathway system.

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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 24, 2026 at 5:00 pm (America/Edmonton)