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
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!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
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
Nearest public (CBE) and Catholic schools, by distance
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.
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$224,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 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.
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.
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.