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Cities / Calgary

Newer suburb · SE Calgary

Diamond Cove

Small south community of large detached homes

  • Families
  • Established homeowners
  • Seniors

At a glance

A 1980s–90s south community of about 700 residents. About 100% of homes are detached, 95% of households own, and the median assessed value is about $840K. Police data shows crime well above the city median and disorder calls above it, per resident.

Median assessed home
$841K
2026 assessment, all home types · city $575K
Residents
680
estimate for mid-2025, up from 625 at the 2021 census
Households renting
5%
city 34%
Permits per year
5
2021–2025 average

What the numbers mean

  • The median assessed home is $841K, 46% above the Calgary median of $575K.
  • 5% of households rent, well below the 34% city-wide. Most people here own and stay a while.
  • Only 10% of residents are under 15, versus 18% city-wide.
  • 35% are 65 or older, versus 13% city-wide, a sign of long-time residents and a settled pace.
  • 100% of homes are single-family houses, versus 55% city-wide.
  • Building activity is lighter than the city as a whole, at about 5 permits a year.

Who lives here

Share of residents by age, 2021 census.

0-1410%
15-196%
20-245%
25-344%
35-447%
45-5411%
55-6421%
65-7426%
75+10%

Homes

Share of homes by type, 2019 civic census.

Single-family100%
Duplex0%
Townhouse0%
Apartment0%
Multi-plex & converted0%

Getting to work1

Drive, no traffic Bike

  • Downtown19 min drive · 1 h bike
  • Foothills and UCalgary25 min drive · 1 h 26 min bike
  • Airport25 min drive · 1 h 41 min bike
  • SE industrial13 min drive · 39 min bike

Transit times aren't included yet. Check Calgary Transit's trip planner for a weekday 8:00 a.m. trip.

Off-leash dog parks2

2 off-leash areas inside the community. 3 more areas within 150 m of the boundary.

  • Queensland & Diamond Cove & Fish Creek Park, fenced in part or with other fencing
  • Queensland & Diamond Cove, fenced in part or with other fencing

Daily errands on foot3

Places within the community or a 5-minute walk of its edge, compared with the typical community in Calgary.

Supermarkets
0
city median 2
Cafés and bakeries
0
city median 4
Pharmacies and clinics
0
city median 4
Playgrounds and dog parks
3
city median 15

Assessed value by home type4

The overall median mixes house types, so it can match none of them. Split by type, 2026 assessments:

Detached house
$841K
271 homes · city $718K
Semi-detached or row
—
too few in the Diamond Cove roll to report
Condo or apartment
—
too few in the Diamond Cove roll to report

Estimated property tax5

What owning here costs each year in property tax at the median assessed value. Renters don’t pay it directly, but landlords pass it on.

Detached house
$5,590 a year
about $465 a month on a $841K assessment

Upfront closing costs6

Alberta has no land transfer tax; the Land Titles transfer fee is about 0.1% of the price. Government fees at the median home price:

Land title transfer fee
$890
on $841K

Typical apartment rent nearby7

Diamond Cove sits in CMHC's Fish Creek survey zone. October 2025 average rent of purpose-built rental apartments in that zone:

Studio
$1,222
−$216 vs metro average
1 bedroom
$1,549
−$32 vs metro average
2 bedroom
$1,738
−$170 vs metro average
3 bedroom or more
$1,844
−$274 vs metro average

Flood and airport noise8

About 7% of Diamond Cove's land area lies inside the City's regulatory flood map (floodway 7%). The floodway is where river water moves fastest and building is most restricted; the flood fringe floods more shallowly, and building there needs flood-proofing; overland flow areas are low ground that can flood when the river overtops its banks. Flood barriers and upstream storage built since 2013 reduce the risk, but the land is still mapped, so ask your insurer about overland flood coverage and check the address on the City's river flood map before you buy.

Diamond Cove is outside the airport's noise forecast contours (NEF 25 and above).

Schools9

  • No public, Catholic, French-language or charter school is located inside Diamond Cove. From the middle of the community, the nearest elementary school is about 0.8 km away, the nearest junior high 1.7 km and the nearest high school 4.1 km. 7 other elementary schools lie within 2 km.

The school nearest the house may not be the school your child is assigned to. Boards assign a designated school by street address, and a community can be split across several, or have none inside its boundary. The boards don’t publish these attendance areas as open data, only an address lookup: use the CBE Find a School tool (including French Immersion and IB) or contact the Calgary Catholic School District with the exact address before you rent or buy. Capped schools can also place new students elsewhere.

We don’t rate schools: test results are not open data, so a school’s quality is something to ask about on a visit.

LRT access10

Diamond Cove is about 2.9 km from the nearest LRT station, Canyon Meadows (Red Line). Most people here drive or take a bus to reach the train.

How it's changing

Building permits issued each year, a leading signal of new homes and renovations.

*2026 is year to date.

What the building permits are for11

Teardowns and infill
0 a year
Demolitions plus new semis, rowhouses and townhouses: construction noise, dumpsters and change on the street
Secondary suites
0.2 a year
New basement, garage and garden suites: more rental homes and more cars on the street
Home improvements
4.4 a year
Renovations, additions and decks: owners investing in homes they plan to keep

Safety12

Reported incidents in the last 12 months (October 2025 to September 2026), per 1,000 residents, compared with the median of 177 Calgary communities.

Reported crime
23.5
per 1,000 · above the 13.5 median
Disorder calls
44.1
per 1,000 · above the 32.1 median
Violent crime
0.0
per 1,000 · median 2.3
Property crime
23.5
per 1,000 · median 10.6
  • Reported crime runs about 1.7× the median Calgary community: 23.5 incidents per 1,000 residents a year, versus 13.5.
  • The most common reported crime is vehicle theft, 50% of the total. 100% of incidents are property crime.
  • Crime has fallen since 2020: 2 reported incidents in 2025 versus 14 in 2020.
  • So far in 2026 (January to September) there have been 14 incidents, Infinity% more than the same months of 2025.
  • Busy main streets, transit and nightlife bring in visitors, and incidents are counted where they happen, not where people live.

What gets reported

Top crime types in the rate, same period.

Vehicle theft50%
Theft from vehicles38%
Other violence13%

Disorder calls

Most common non-criminal calls to police.

Suspicious Vehicle27%
Suspicious Person20%
Possible Gun Shots13%
Mental Health Concern13%

Reported crime by year

*2026 is year to date.

Sources and notes

  1. Source: road-network routing from OpenStreetMap-based OSRM servers (car and bike profiles), pulled October 2026, from the centre of the community's boundary (City of Calgary) to each destination. Drive times assume free-flowing roads with no traffic, so weekday rush hour can take noticeably longer; bike times follow cycling-suitable roads and paths at an average speed and ignore hills and winter. Transit times are not included because we don't yet have a schedule-based calculation. Destinations: Downtown (Stephen Avenue); Foothills Medical Centre and University of Calgary; Calgary International Airport; Southeast industrial (Barlow Trail and 50 Ave SE). ↩
  2. Source: City of Calgary, Parks Off Leash Areas, matched to the community boundary by location, pulled October 2026. "Inside" means the area overlaps the community; "nearby" means within 150 m. Fencing comes from the City's fencing note: fully fenced, fenced in part (some sides or sections), or no fencing recorded. The City's shared park names sometimes cover several communities. ↩
  3. Source: OpenStreetMap contributors (ODbL), counted October 19, 2026. Counts places inside the community or within 400 m (about a 5-minute walk) of its edge, in a straight line. Volunteers map OpenStreetMap, so some places may be missing and counts are a guide, not a census. Supermarkets are tagged shop=supermarket; cafés amenity=cafe and shop=bakery; pharmacies and clinics amenity=pharmacy and amenity=clinic; playgrounds and dog parks leisure=playground and leisure=dog_park. Medians are across the communities in this guide. ↩
  4. Source: Current Year Property Assessments. Assessments estimate market value on July 1, 2025, so they trail current sale prices, and they are not MLS benchmark prices (CREB benchmarks are not open data). Types are grouped from the City's property-use codes; see About. ↩
  5. Source: City of Calgary 2026 tax rates. 2026 residential rate 0.665% of assessed value (City 0.38906% + provincial education 0.27593%), applied to this community's median assessment for each home type. Homeowners pay tax on the assessed value, not the sale price. Excludes utility bills, local improvement charges, grants and credits, and anything above or below the median. ↩
  6. Source: Government of Alberta, Land Titles and Surveys fee schedule. 2026 rules, applied to this community's median assessment. A mortgage adds its own registration fee on the loan amount on the same $50 + $5 per $5,000 scale. Legal fees, title insurance, inspection and adjustments are extra. ↩
  7. Source: CMHC Rental Market Survey, Housing Market Information Portal. These are zone averages across all units in apartment buildings of three or more units, not a figure for Diamond Cove alone, and they are not asking rents. Houses, basement suites and condos rented out by owners are not included. Zones are large, so neighbouring communities can share one figure. ↩
  8. Sources: City of Calgary Open Data, Regulatory Flood Map (the version now in the Land Use Bylaw; a proposed update is still under review) and Noise Exposure Forecast Contours. Percentages are shares of the community's land area, not of homes, from a grid sample. They don't cover groundwater or sewer backup flooding. Hail and wildfire smoke affect the whole city; see the Calgary page. ↩
  9. Schools: City of Calgary Schools. Students: Alberta Education enrolment, 2023-24 (2019-20 for the trend). Online, outreach and special programs are left out, and recently opened schools may be missing. ↩
  10. Distances are in a straight line, not along streets, measured from points across the community to the closest of the 45 CTrain stations. Rivers, rail lines and highways can make the real walk longer. The Green Line is not included because it is not yet open. Source: City of Calgary Transit LRT Stations. ↩
  11. Source: City of Calgary Building Permits, permits issued 2021–2025, averaged per year, pulled October 2026. Teardowns and infill: residential demolition permits (house or semi-detached) plus new semi-detached, rowhouse, townhouse and attached-unit permits. Secondary suites: below-grade suites, garage dwelling units and garden suites. Home improvements: residential alterations, additions, repairs, decks and basement development, excluding suites, garages and apartment work. Each unit of a semi-detached pair has its own permit. New detached houses and commercial permits are not in these three groups, and a permit is not proof that work was finished. ↩
  12. Source: Calgary Police Service, Community Safety Data (2020 to Q3 2026). Rates use estimated mid-2025 population. Incidents are counted where they occur. Counts of 1 to 5 are rounded by CPS. How we calculate this. ↩