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mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

214, 5115 Richard Road SW
homes for sale · Calgary · Lincoln Park
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$219,900

214, 5115 Richard Road SW

Lincoln Park, Calgary · MLS® A2333951

111

573 sq ft · Condo · Single Family · built 2007 · 78 days on market

listed by Marla Miller, RE/MAX Realty Professionals

realtor's description

This bright and stylish open-concept 1-bedroom condo offers exceptional value in Lincoln Park and is the perfect opportunity for students, professionals, or investors. The thoughtfully designed floor plan is filled with natural light and provides comfortable space for both everyday living and entertaining. The well-appointed kitchen features granite countertops, a functional island with seating, stainless steel appliances, and overlooks the spacious living area with large windows, a cozy gas fireplace, and access to a private covered patio. The generous primary bedroom easily accommodates a king-size bed and offers dual closets along with convenient access to the 4-piece bathroom. In-suite laundry and built-in shelving provide added functionality and storage. This home includes titled underground parking and an assigned storage locker. Residents also enjoy outstanding building amenities, including a fully equipped fitness centre, bike storage, a bookable party room for larger gatherings, and a beautifully landscaped central courtyard. Ideally located just steps from Mount Royal University, with easy access to shopping, restaurants, public transit, and major roadways including Glenmore Trail, Crowchild Trail, and Stoney Trail. An outstanding opportunity to own one of the best values in Lincoln Park!

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
573 sq ft
parking
1
year built
2007
property tax
$1,492 / yr
strata fee
$460 / mo ($0.80 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
listed by
Marla Miller
RE/MAX Realty Professionals
call Marla · 403-830-4029
Powered by: REALTOR.ca

similar homes nearby

78
MLS®
A2333951

features

  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher
  • Stove
  • Microwave

monthly cost

$1,543/mo
Mortgage $958 · Tax $124 · Strata $460

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$958/ monthly
loan $175,920
25-year amortization
total interest
$111,505
land title fees
$500
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$44,480
down + land title fees
total paid
$287,425

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,560/mo
after all costs
−$143/mo
cap rate
4.5%
yearly net rent ÷ price

Costs: mortgage $958 · tax $124 · strata $460 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Calgary: CMHC's average there ($1,581) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE CBe-learn1.2 km
  • Middle · CBE Bishop Pinkham School1.1 km
  • Elementary · Catholic St. James Elementary Junior High School1.4 km
  • Secondary · Catholic Bishop Carroll High School895 m

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

Lincoln Park, CalgaryGoogle Maps ↗

city assessment

$224,500

2026 assessment · market value as of July 1, 2025

  • Down 2.2% from $229,500 in 2025
  • $230,000 in 2016 (-2% over ten years)
  • Asking price is 2% below the assessment
  • Built 2002
  • Lot 9,110 m² (98,059 sq ft)
roll yearassessed
2026$224,500
2025$229,500
2024$180,500
2023$152,500
2022$138,500
2021$143,000
2020$170,000
2019$191,000

From City of Calgary open data (property assessments), matched to 214 5115 RICHARD RD SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,493 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $1,492 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

Lincoln Park, CalgaryGoogle Maps ↗
Drive times
  • Mount Royal University2 min
  • École Sainte-Marguerite-Bourgeoys3 min
  • Bishop Carroll High4 min
  • Rockyview General Hospital9 min
  • Downtown Calgary11 min
  • YYC airport30 min
65

Walkability 65/100 · Walkable: many errands on foot

Within a 10 minute walk: 3 places to eat or drink, 4 cafes, 8 parks and playgrounds, 1 pharmacy, 16 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

235, 35 Richard Court SW, Calgary
235, 35 Richard Court SW, Calgary, photo 2
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Condo
$229,000
4methe deep dive
235, 35 Richard Court SW
Lincoln Park, Calgary57 days on market
listed by KIC Realty
111724 sq ft
MLS® A2340492
159, 35 Richard Court SW, Calgary
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159, 35 Richard Court SW, Calgary, photo 8
Condo
$278,900
4methe deep dive
159, 35 Richard Court SW
Lincoln Park, Calgary1 day on market
listed by RE/MAX First
21
410, 5115 Richard Road SW, Calgary
410, 5115 Richard Road SW, Calgary, photo 2
410, 5115 Richard Road SW, Calgary, photo 3
410, 5115 Richard Road SW, Calgary, photo 4
410, 5115 Richard Road SW, Calgary, photo 5
410, 5115 Richard Road SW, Calgary, photo 6
410, 5115 Richard Road SW, Calgary, photo 7
410, 5115 Richard Road SW, Calgary, photo 8
Condo
$240,000
4methe deep dive
410, 5115 Richard Road SW
Lincoln Park, Calgary11 days on market
listed by Real Broker
11
420, 5115 Richard Road SW, Calgary
420, 5115 Richard Road SW, Calgary, photo 2
420, 5115 Richard Road SW, Calgary, photo 3
420, 5115 Richard Road SW, Calgary, photo 4
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420, 5115 Richard Road SW, Calgary, photo 7
420, 5115 Richard Road SW, Calgary, photo 8
Condo
$239,000
4methe deep dive
420, 5115 Richard Road SW
Lincoln Park, Calgary61 days on market
listed by Homecare Realty Ltd.
11
1
709 sq ft
MLS® A2354336
1
574 sq ft
MLS® A2352201
1
714 sq ft
MLS® A2338914