Keystone Hills
Keystone Hills Calgary is one of the city’s newest master-planned communities in early build-out on the northern edge of the NE quadrant. The community holds 330 properties on the current assessment roll — a small, rapidly-expanding community with heavy new-construction activity underway across the wider Keystone Hills Area Structure Plan area. Average assessed value runs at $175K, well below the citywide $732K — reflecting the community’s early-stage assessment base as new homes come onto the roll. The community’s average build year sits around 2025 — among the newest per-property averages on any Calgary community page. Building activity for the community sits at 62 permits filed since 2024, the clearest signal that the master plan is still filling in with fresh housing. Keystone Hills is part of Calgary’s 219 community profiles.
What the data says
Affordable Entry Point
At $175K average assessment, Keystone Hills offers entry well below the city average of $732K.
Slower Growth
Year-over-year growth of 0% trails the city average of 15.2%.
Community Data
Explore the full data profile for Keystone Hills below.
Community Data
Explore the full data profile for Keystone Hills below.
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Property Values in Keystone Hills
| Year | Year-End Assessment Roll | Properties | YoY Change |
|---|---|---|---|
| 2019 | $12,180 | 1 | — |
| 2025 | $170,000 | 1 | +1295.7% |
Why two numbers?
Assessment-roll averages in Keystone Hills have climbed 1295.7% over the last 2 years, from $12,180 in the 2019 roll to $170,000 in the 2025 roll. The Average Property Assessment in the snapshot above ($175K) is drawn from the live current-year assessment feed, which uses a broader aggregation than the year-specific rolls in the table — small differences between the two are normal.
Building Activity in Keystone Hills
Community Safety in Keystone Hills
| Year | Events | Change |
|---|---|---|
| 2025† | 8 | — |
† Partial year — coverage limited to months published by CPS to date.
Traffic cameras near Keystone Hills
Live images from City of Calgary traffic cameras within ~4 km of Keystone Hills. Each camera refreshes every 30 seconds — click any pin to see the latest view.
Living in Keystone Hills
Housing in Keystone Hills is nearly all recent new-construction — the average year built lands around 2025, and the mix is weighted toward attached townhomes and duplex forms alongside detached single-family homes on smaller lots as is typical for a modern NE master-planned community at this stage of build-out. The community sits on the northern edge of the NE quadrant beyond the shipped-out communities of Country Hills, Coventry Hills, and Panorama Hills, and the interior block layout uses contemporary new-suburb design — pathway loops connecting residential clusters to open-space set-asides, stormwater ponds, and future school and park sites as the master plan fills in over the coming years. Because Keystone Hills is in early build-out, the resident profile is not directly comparable to established Calgary communities — the resident base is largely first-time occupants of the new-build homes coming onto the assessment roll each quarter. There is no CTrain station inside; the community is served by feeder buses into the wider NE Calgary transit network as the master plan fills in, with the Green Line’s future NE alignment expected to serve the wider corridor over the coming years. For a similar new-build outer-Calgary community at a comparable build vintage, the Hotchkiss profile is the closest reference on scale and character.
Things to do in Keystone Hills
Things to do in Keystone Hills are limited by newness — most of the standard neighbourhood infrastructure such as interior parks, schools, and retail plazas is either still being built or has yet to be announced. Residents currently lean on the retail and services in neighbouring shipped-out NE communities to the south, with Country Hills and Coventry Hills offering the closest large retail clusters along the NE corridor. The Country Hills profile covers the direct south neighbour with its retail hub and golf-course anchor. Because Keystone Hills is still filling in, Calgary Board of Education and Calgary Catholic School District attendance areas for the community will shift as the population grows and interior schools are announced or built — check the most current CBE and CCSD attendance-area tools before assuming a designated school for a specific address inside the community. Any specific business inside or near the community is easiest to find through the Keystone Hills business directory, which pulls current City of Calgary business-licence records. Because the community’s business layer is still being seeded by the master plan, that directory will look meaningfully different in two to three years.
The Keystone Hills real-estate read
Keystone Hills’s average assessed value sits at $175K, well below the citywide $732K — a reflection of the community’s new-build character and the early-stage assessment base as new homes come onto the roll. Year-over-year assessment changes read at 0% against the citywide 15.2% pace, a pattern common for early-stage master-planned communities where averaging over a rapidly-growing property base produces large percentage swings that reflect roll dynamics rather than per-home market moves. Building activity sits at 62 permits filed since 2024 — dominated by new-construction detached and attached homes as the master plan fills in with fresh housing. The community’s growth trajectory will look very different in three to five years than it does today. Today’s property count, average assessed value, and demographic mix are a snapshot of a moving target — expect all three to shift meaningfully as build-out continues over the next several years. For another new-build NE outer-Calgary peer at a similar early-stage build vintage, the Panorama Hills profile is a close reference on scale.
Common Questions About Keystone Hills
Why are there two average values on this page?
The page shows two related but distinct figures because they come from two different official City of Calgary datasets with different aggregation methods. The Average Property Assessment (in the snapshot at the top of the page and in the "vs Calgary Average" card) is drawn from the City's live current-year assessment feed, using a broad aggregation across all residential parcels. The Year-End Assessment Roll figures in the Property Values chart and table below come from a separate dataset that captures each year's official year-end roll, using a narrower per-year methodology. Both are official data — the small difference between them is normal and reflects the different aggregation windows. For an at-a-glance current value, use the Average Property Assessment; for authoritative year-over-year trends, use the Assessment Roll.
Is Keystone Hills a good place to live?
Keystone Hills is an early-stage NE Calgary master-planned community in active build-out on the northern edge of the quadrant. The fit for buyers depends on comfort with new-build character — those willing to trade established amenities for lower entry prices and modern housing tend to land here, with Country Hills immediately south for retail and services.
Is Keystone Hills safe?
Disorder in Keystone Hills runs at 0 events per 1,000 residents against the citywide baseline of 54 per 1,000. Year-over-year, the community's disorder rate held roughly steady compared with the year before. Disorder rates in early-stage new-build communities often stabilise over several years as the resident base and built environment settle.
What's the average house price in Keystone Hills?
The average assessed value in Keystone Hills sits at $175K, well below the citywide $732K — a reflection of the community's early-stage new-build character and the early assessment base as fresh homes come onto the roll. Assessed value is a property-tax measure and differs from a market sale price.
What is Keystone Hills known for?
Keystone Hills is known primarily as one of Calgary's newest NE master-planned communities in active build-out. The community's identity will continue to form over the next several years as interior schools, parks, and retail are announced or built and as the resident base stabilises from its current early-cycle first-buyer profile.
Businesses in Keystone Hills
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