Top Communities to Invest in Just Outside of Calgary for 2025

Let’s explore some of the top communities to invest in just outside of Calgary. These neighborhoods are perfect for those looking to capitalize on affordable real estate while enjoying a quieter lifestyle. Each offers a unique blend of amenities, robust local economies, and potential for property value appreciation, making them ideal for real estate investments. Here we have a variety of towns, as well as cities that are primed for growth in the up coming years as investors look outside the city limits.

1. Harmony: 10 Minutes West of Calgary

Located just 10 minutes west of Calgary, Harmony is a master-planned community that seamlessly blends suburban living with modern conveniences. The picturesque landscapes, serene lakes, and proximity to the Canadian Rockies make it a highly desirable location. Key features include:

• Real estate options: Townhomes, laned homes, detached homes, bungalows, estates, and lakeside properties
• Price range: $500,000s to $700,000s and up
• Amenities: Mickleson Golf Course, outdoor spa, beach club, extensive green spaces, recreational facilities

With a central man-made lake and plans for a future Global Wellness Spa, Harmony is designed with families and outdoor enthusiasts in mind. Its continued development and future village center will offer even more opportunities for investment.

There are multiple preconstruction homes currently available as they are in phase 28 of development with plenty to go.

2. Crossfield, Alberta: A Growing Investment Hub

Crossfield is a strong contender for real estate investment thanks to its strategic location and ongoing development. Located just 30 minutes north of Calgary, Crossfield offers:

• Strategic location: Easy access to Highway 2, 2A, and the CP Rail mainline
• Residential growth: New housing developments, including Vista Crossing and Iron Landing
• Economic expansion: Major industrial projects such as the Black Bull Industrial Park and the upcoming Hydrogen Hub by TC Energy

Crossfield offers a balanced tax base, affordable land prices, and continued growth, making it a highly attractive location for both residential and commercial real estate investors.

There are some of the most affordable preconstruction detached homes available within the greater Calgary area. However, these will not last long!

3. Langdon, Alberta: Affordable Real Estate with High Value

Langdon, located just 30 minutes from Calgary, offers an affordable housing market with ample opportunities for investment. Key features include:

• Affordable housing: Homes starting around $600,000 with options for custom builds
• Proximity to Calgary: Quick access to the city’s amenities and job market
• Growing community: Nearly 5,000 residents and planned expansion
• Economic development: Local business parks and light industrial areas

Langdon’s diverse housing options, strong sense of community, and proximity to Calgary make it a promising investment for 2025.

4. Chestermere: A Lakeside Community with Investment Potential

Located just east of Calgary, Chestermere is a scenic lakeside community quickly gaining attention from homebuyers and investors. It is located 22.8km east of Calgary and is approximately a 25 minute draive. With its close proximity to Calgary, Chestermere offers:

• Infrastructure development: Ongoing or planned improvements leading to higher property values
• Rental demand: Strong appeal for both families and young professionals
• Price growth potential: Opportunities for long-term returns as the community grows
• Diverse housing options: Single-family homes, multi-family units, and more

With lakeside living, recreational amenities, and strong community spirit, Chestermere presents a solid opportunity for real estate investors looking for both lifestyle and financial returns.

5. Strathmore: A Town with Strategic Growth Plans

Strathmore, Alberta, offers a promising combination of strategic development plans and infrastructure improvements, making it an attractive investment destination for 2025. It is located 40 minutes east outside of Calgary and is 52.2km away. Key factors to consider:

• Municipal Development Plan: The ongoing MDP Review (“Strathmore Forward”) will modernize land use and development plans, leading to future property value appreciation
• Major infrastructure projects: Facility upgrades, road improvements, and wastewater treatment enhancements
• Economic growth: Local job creation through projects like the Phyto Organix yellow pea processing plant

Strathmore’s proximity to Calgary, affordable real estate options, and commitment to sustainable growth make it a great location for residential and commercial real estate investments.

6. Okotoks: A Scenic Town with Strong Investment Potential

Located just 20 minutes south of Calgary, Okotoks is a charming town that has seen significant growth in recent years, making it an increasingly attractive destination for real estate investors. Set along the picturesque Sheep River, Okotoks boasts stunning natural landscapes that provide a peaceful, serene environment for residents. Here are key reasons why Okotoks is a top contender for investment in 2025:

• Strong sense of community: Okotoks offers a vibrant, welcoming atmosphere with a focus on sustainable living and community-driven initiatives.
• Diverse housing options: From single-family homes to more upscale properties, the town offers a range of homes to suit different budgets and lifestyles.
• Growing popularity: The area has experienced rapid growth, making homes for sale highly sought after by both buyers and investors.
• Proximity to Calgary: Okotoks offers the perfect balance of rural tranquility and urban convenience, providing easy access to Calgary’s amenities.

For real estate investors, Okotoks presents a promising investment opportunity thanks to its continued growth, attractive housing market, and high demand for properties in this picturesque area.

7. Cochrane: A Picturesque Mountain Town with Thriving Real Estate

Cochrane is 20 minutes west of Calgary, is another prime community for real estate investment. The only reason it is not higher on the list is due to the higher price point. However, this is for good reason. Known for its breathtaking views of the Rocky Mountains and easy access to outdoor recreational activities, Cochrane has quickly gained popularity as more buyers seek the benefits of living outside Calgary without sacrificing convenience. Here’s why Cochrane is a solid investment for 2025:

• Stunning natural beauty: The town is surrounded by mountain views and offers numerous opportunities for outdoor recreation, including hiking, biking, and fishing.
• Small-town charm with modern amenities: Cochrane combines a welcoming community atmosphere with the convenience of modern amenities such as shops, restaurants, and schools.
• Thriving real estate market: Cochrane’s real estate market is thriving, with homes for sale offering unique designs and a variety of features that appeal to families, retirees, and investors.
• Ideal location: The town’s proximity to Calgary makes it an attractive option for those who want the benefits of living outside the city while maintaining easy access to urban amenities.

Cochrane’s growing popularity, natural beauty, and thriving real estate market make it a strong contender for those looking to invest in a community that offers both lifestyle and long-term investment potential.

8. Three Sisters Mountain Village: A Premier Investment Opportunity Near Canmore

For real estate investors seeking a high-growth, long-term investment in one of Alberta’s most desirable locations, the Three Sisters Mountain Village (TSMV) near Canmore, Alberta, offers significant potential. This ambitious development promises to nearly double Canmore’s population over the next 20-25 years, making it an exciting opportunity for those looking to capitalize on the region’s growth. Below are the key reasons why TSMV stands out:

1. Massive Scale and Long-Term Vision The Three Sisters Mountain Village development is one of the largest and most significant projects in the region, set to almost double Canmore’s population with the addition of up to 15,000 new residents over the next 20-25 years. Here’s what makes TSMV so remarkable:

• 417 developable acres of land, representing about 80% of Canmore’s remaining developable land
• The development is split into two main areas:
  • Three Sisters Village (mixed-use)
  • Smith Creek (primarily residential)

With its massive scale and long-term vision, TSMV is poised to transform Canmore’s real estate landscape, creating abundant opportunities for investors.

2. Economic Impact and Job Creation. The economic impact of TSMV is expected to be transformative, with the development generating over $3.7 billion in economic activity. Key points include:

• 5,200+ new jobs created upon full build-out, spanning a range of industries such as construction, retail, and hospitality
• A diverse mix of employment opportunities that will support the local economy and attract workers from across the region

This economic boost makes TSMV not only an attractive place for residential investment but also a hotspot for commercial and industrial growth.

3. Housing Diversity and Affordability Initiatives. As Canmore’s housing market faces challenges related to supply and affordability, the Three Sisters Mountain Village development will help address these issues by increasing the housing supply. Key features include:

• Diverse housing options including townhomes, apartments, and single-family homes
• Approximately 10% of units will be sold at non-market rates, providing affordable housing at least 10% below market value

For real estate investors, the ability to offer affordable housing in a region with high demand presents significant potential for rental income and property value appreciation.

4. Commercial and Retail Development. The Gateway at Three Sisters will serve as the commercial hub of the development, featuring:

• A grocery store and other essential retail spaces
• Restaurants, office areas, and additional amenities for both residents and visitors

These commercial and retail developments will not only provide convenience for residents but also drive economic activity, making TSMV a desirable destination for both residential and commercial real estate investment.

5. Infrastructure and Community Amenities. The Three Sisters Mountain Village development will include a range of infrastructure improvements designed to support the growing population and enhance the quality of life for residents. Key projects include:

• A new turbo roundabout to improve traffic flow and access
• Plans for parks, sports fields, and an extensive trail network to promote outdoor recreation
• Integration of public open spaces, with 30% of Phase 1 designated for public areas

These amenities and infrastructure upgrades will elevate the living experience in the community, making it an even more attractive option for investors.

6. Environmental Considerations. Environmental sustainability is a key priority for TSMV, with the project incorporating various green initiatives to preserve the region’s natural beauty. Notable features include:

• 30% of Phase 1 designated as public open spaces, providing green areas for residents to enjoy
• A focus on minimizing environmental impact throughout the planning and development process

This commitment to environmental stewardship ensures that TSMV will not only be a thriving community but also a sustainable investment for the long term.

7. Phased Development Approach. To ensure the development aligns with market conditions, the Three Sisters Mountain Village project will be implemented in phases over the next two decades. Key details include:

• Phase 1 of Three Sisters Village spans 72 acres and focuses primarily on residential development
• The phased approach allows for flexibility and adaptability, ensuring that the development can evolve based on changing demand and market trends

For real estate investors, the phased approach offers a chance to enter at various stages of the project, capitalizing on early-stage investments and the growth potential of the later phases.

8. Strategic Location. Situated in the stunning Bow Valley, the Three Sisters Mountain Village development benefits from its proximity to Canmore and the broader Calgary region. The development is strategically located to:

• Capitalize on Canmore’s popularity as a tourist destination
• Provide easy access to Calgary, ensuring residents and businesses enjoy the benefits of a small-town environment while remaining connected to a major urban hub

This strategic location makes TSMV an ideal place for both residential and commercial investments.

Navigating the Real Estate Market: Homes for Sale in Calgary’s Outskirts

As urban centers become increasingly crowded and living costs rise, many homebuyers are looking beyond the city limits for their next property. Homes for sale outside of Calgary offer more space, natural beauty, and affordability, all while maintaining access to Calgary’s urban amenities. Areas like Airdrie, Cochrane, Okotoks, and Strathmore are becoming key destinations for real estate investors and homebuyers alike.

When considering homes in these communities, keep in mind:

• Affordable pricing
• A variety of housing options
• Access to outdoor recreation and natural beauty
• Proximity to Calgary and urban amenities

Each of these areas offers its own unique lifestyle and investment potential, making them ideal for those looking to escape the city’s high costs while enjoying the benefits of a connected, peaceful environment.