By the numbers
How this listing measures up
$/sqft
$943
vs University District median
+121%
community avg $719K
Sqft per bedroom
562
Year built
2023
Annual taxes
$7,169
2025
Garage
2 spaces
$/sqft distribution
Where this listing sits in University District
Of 39 active residential listings in University District,
this property at $943/sqft
sits in the $900–950 range.
Other active listings
This listing's price range
This listing
About this property
LUXURY PENTHOUSE LIVING WITH UNRIVALED INNER CITY LIVING IN UNIVERSITY DISTRICT – 21 LEBEL CRESCENT NW. Indulge in the pinnacle of upscale living in this exceptional penthouse condo in the prestigious Cabella development—located in Calgary’s premier NW lifestyle community. Offering a rare blend of expansive living space and refined elegance, this 1776+ builder sq ft residence is designed for those who value quality, privacy, and breathtaking surroundings. From the moment you step into the spacious foyer, you're greeted by abundant natural light streaming through numerous large south-facing windows, creating a warm, welcoming atmosphere. Adjacent to the entrance, and adorned with a double closet, a private powder room, you'll be swept into the heart of the condo, which features two distinct yet flowing living and dining areas, each anchored by a central island in the kitchen—ideal for entertaining or unwinding. An outdoor 12' x 8' covered balcony provides seasonal escapes, offering panoramic east/south views of University District, Nose Hill, the city skyline, and inner courtyard—an ever-changing natural masterpiece at your doorstep. Inside, the bespoke gourmet kitchen features white quartz countertops, upgraded cabinetry, and generous storage. In the private quarters, you'll find a beautifully appointed in-suite laundry room with matching cabinetry and surfaces, blending utility with style. The first primary bedroom suite is a sanctuary, featuring a five-piece spa-style ensuite, a large custom walk-in closet, and oversized windows. Adjacent to this suite, a cozy second bedroom is an ideal space for reading, working, or hobbies. The third bedroom is equally luxurious, with generous proportions, large windows, and quick access to the third bathroom. This four-piece ensuite features a tiled soaker tub and a vanity with ample storage, providing convenience and comfort. This home also includes a private, attached double garage with additional storage space — a rare and valuable feature in condo living. Additionally, it's conveniently located just a few steps from your elevator. Life at Capella is defined by lifestyle and community. Capella, developed by Brookfield Residential in Calgary’s University District, offers a "lock-and-leave" luxury lifestyle that blends high-end, maintenance-free living with immediate access to a vibrant, walkable urban environment. As part of a 200-acre master-planned community, Capella specifically appeals to a diverse demographic—including downsizers, professionals, and academics—seeking to balance comfort with convenience. Set against the backdrop of the University of Calgary, this extraordinary penthouse combines space, privacy, and refined living in an unbeatable location. Don’t miss your chance to experience luxury living at its finest—schedule your private tour today.
Property details
| Bedrooms | 3 |
| Bathrooms | 3.0 |
| Style | Apartment-Penthouse |
| Heating | Boiler,In Floor,Forced Air,Heat Pump,Natural Gas |
| Cooling | Central Air |
| Flooring | Hardwood,Tile |
| Levels | Single Level Unit |
| Interior features | Bar,Breakfast Bar,Built-in Features,Chandelier,Double Vanity,High Ceilings,Kitchen Island,Low Flow Plumbing Fixtures,No Smoking Home,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Smart Home,Soaking Tub,Storage,Vinyl Windows,Walk-In Closet(s) |
| Appliances | Bar Fridge,Dishwasher,Garburator,Induction Cooktop,Microwave,Oven-Built-In,Range Hood,Refrigerator,Tankless Water Heater,Washer/Dryer,Water Purifier,Window Coverings |
| Inclusions | Garage wall storage, Murphy bed with mattress |
| Laundry | In Unit,Laundry Room |
| Exterior features | Balcony,BBQ gas line,Courtyard,Lighting,Storage |
| Patio | Balcony(s) |
| Year built | 2023 |
| Construction materials | Brick,Mixed,Wood Frame |
| Roof | Membrane,Tar/Gravel |
| Parking features | Double Garage Attached,Garage Door Opener,Heated Garage,Insulated,Oversized,Secured,Side By Side |
| Garage spaces | 2 |
| Parking total | 2 |
| Annual taxes | $7,169 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | M-2 |
| Title | Leasehold |
| Restrictions | Restrictive Covenant-Building Design/Size |
| Neighbourhood | University District |
| Community features | Fishing,Other,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights |
| List AOR | Calgary |
Location
Sold comparables in University District
36 recent sales in University District
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Sign up to see sold dataAbout University District
AI-generated summaryA master-planned, walkable community adjacent to the University of Calgary campus, blending modern urban design with green spaces and a vibrant mixed-use village core.
42 active listings with an average list price of $699,342
Homes are averaging 59 days on market, suggesting a balanced to slightly slower-paced market
Purpose-built master-planned community developed on the former Foothills Industrial lands
Housing
Predominantly newer condos, townhomes, and apartment-style units built from 2018 onward, with a mix of rental and ownership options targeting a range of budgets.
Transit
Excellent transit access with direct connections to the CTrain University/SAIT LRT stations, plus dedicated bike lanes and pedestrian pathways supporting car-light living.
Amenities
Home to a growing retail village with grocery, dining, medical services, and entertainment, alongside immediate access to Foothills Medical Centre and Alberta Children's Hospital.
Who lives here
A diverse mix of university students, healthcare and academic professionals, young couples, and downsizers drawn by the walkability and modern amenities.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
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