Rideau Park Homes for Sale

With so few sales, the chart uses a three-year median of detached sales. Over the last 12 months the 10 detached sales had a median of about $2.68M, and the 8 condo sales a median of about $360K.

CREB® publishes an all-homes benchmark of $302,800 for Rideau Park, 6% below a year ago. It mostly reflects the condos, which make up most of the homes here, so it says little about what a detached house is worth. For a specific home, recent comparable sales matter far more.

How Fast Homes Sell

Months of supply is how long current listings would take to sell at today's pace. Rideau Park sits at 3.00, City Centre at 4.59 and Calgary at 3.94. Lower means homes sell faster. For Rideau Park this is the typical month over the last six, because with only a sale or two a month the monthly number swings widely.

Detached homes were 10 of the 18 MLS® sales over the last 12 months, with 8 condos. In the 2021 census 57% of homes were in apartment buildings of five storeys or more and 35% were single-detached, and 76% of households owned their home.

Location

Inner-city SW Calgary, in a bend of the Elbow River

Established

About 1911, planned by Frederick Lowes

Residents

About 675 (2021 census)

Homes

57% apartments in 5+ storey buildings, 35% detached

School

Rideau Park School, K to 9

Community association

Rideau-Roxboro Community Association

The Elbow River wraps around the community, with pathways and parkland along the valley, and the shops and restaurants of 4 Street SW and Mission are a short walk north.

The Rideau-Roxboro Community Association, shared with Roxboro, has its hall at 101 30 Avenue SW in Roxboro, next to tennis courts and an outdoor rink.

Rideau Park was evacuated in the 2013 flood. The City says Elbow River communities are now protected from a 2013-sized flood thanks mainly to the Springbank Off-Stream Reservoir working with the upgraded Glenmore Dam, but check any address on the City's flood maps and ask your insurer about overland flood coverage.

Downtown is a few minutes north by 4 Street SW, and buses run along 4 Street SW. See Calgary Transit for routes.

Rideau Park is covered by the City's West Elbow Communities Local Area Plan, approved in 2025, which guides what can be built here.

The City of Calgary's Rideau Park community profile has the census details.

Detached homes are a mix of pre-1950 character homes and homes built from the 1970s on, including recent rebuilds, about 2,811 sq ft above grade on lots of about 6,103 sq ft.

Condos are mostly in the mid-1950s Rideau Towers buildings, about 767 sq ft with fees near $750 a month. A handful of townhomes also sell, typically for $1.23M to $1.65M. Read the reserve fund study and any flood-repair history for older buildings.

Planning to renovate or rebuild? Check the lot's district and any flood-fringe rules; the City's rezoning repeal returned nearly all lots to their earlier rules in August 2026.