08/31/2013 12:11 EDT | Updated 08/31/2013 12:20 EDT

Calgary Mount Royal Mansion For Sale For $8.5 Million (PHOTOS)

Royal Lepage Foothills

A lavish home in the Mount Royal suburb of Calgary is making it clear it's worth the $8.5 million price tag.

The 11,500 square foot house is located in an area surrounded by trees on a half acre lot and houses an indoor pool, six bedroom and nine bathrooms.

Built in 2002, the house is close to bustling 17th Avenue and Calgary's downtown core.

A recent report from Royal Bank suggests home ownership has become less affordable for the average Canadian, but it hasn't stopped them from jumping into what may be an overpriced market.

If the report is to be believed, the mansion may not be on the market for long.

Here's a look at the $8.5 million Calgary mansion. Do you think it's worth the price tag? Let us know what you think in the comments below.

Photo gallery LOOK: $8.5 Million Mansion In Calgary See Gallery