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Home Communities University District 402-21 Lebel Crescent NW
$1,589,900 Sold
402-21 Lebel Crescent NW · Calgary · T2Y 0L1
3 bd 3.0 ba 1,686 sqft $943/sqft Built 2023
MLS® A2282981 · Listed Jan 30, 2026
Listed by Jayman Realty Inc. — Michael Laprairie, Alexandria Stewart
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.
$400–$450/sqft · 1 listing $450–$500/sqft · 1 listing $500–$550/sqft · 4 listings $550–$600/sqft · 3 listings $600–$650/sqft · 6 listings $650–$700/sqft · 7 listings $700–$750/sqft · 6 listings $750–$800/sqft · 2 listings $800–$850/sqft · 0 listings $850–$900/sqft · 1 listing $900–$950/sqft · 4 listings $950–$1000/sqft · 1 listing $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 3 listings $400 $500 $600 $700 $800 $900 $1000 $1100 This · $943
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

Bedrooms3
Bathrooms3.0
StyleApartment-Penthouse
HeatingBoiler,In Floor,Forced Air,Heat Pump,Natural Gas
CoolingCentral Air
FlooringHardwood,Tile
LevelsSingle Level Unit
Interior featuresBar,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)
AppliancesBar Fridge,Dishwasher,Garburator,Induction Cooktop,Microwave,Oven-Built-In,Range Hood,Refrigerator,Tankless Water Heater,Washer/Dryer,Water Purifier,Window Coverings
InclusionsGarage wall storage, Murphy bed with mattress
LaundryIn Unit,Laundry Room
Exterior featuresBalcony,BBQ gas line,Courtyard,Lighting,Storage
PatioBalcony(s)
Year built2023
Construction materialsBrick,Mixed,Wood Frame
RoofMembrane,Tar/Gravel
Parking featuresDouble Garage Attached,Garage Door Opener,Heated Garage,Insulated,Oversized,Secured,Side By Side
Garage spaces2
Parking total2
Annual taxes$7,169
Tax year2025
PossessionNegotiable
ZoningM-2
TitleLeasehold
RestrictionsRestrictive Covenant-Building Design/Size
NeighbourhoodUniversity District
Community featuresFishing,Other,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
List AORCalgary

Location

Sold comparables in University District

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About University District

AI-generated summary

A 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.
Full University District community profile →

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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Listed by: Jayman Realty Inc. — Michael Laprairie, Alexandria Stewart.