302, 1730 7 Street

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$194,900

302, 1730 7 Street

Lower Mount Royal, Calgary · MLS® A2329440

111

576 sq ft · Condo · Single Family · built 1967 · 102 days on market

listed by Fang Wang, First Place Realty

realtor's description

Welcome to this beautifully updated one-bedroom corner suite in the heart of Lower Mount Royal. Offering a perfect blend of modern upgrades, quality finishes, and an exceptional walkable location, this home is move-in ready and available for immediate possession.Updated in 2026, this residence features brand-new tile flooring throughout the kitchen, bathroom, and hallway, creating a seamless modern flow throughout the home. The plumbing and piping have also been updated, providing an important improvement for long-term comfort and peace of mind.The thoughtfully designed open-concept layout features beautiful built-in quality cabinetry, granite countertops, and a spacious kitchen island with seating. The kitchen provides excellent workspace and storage, making it ideal for everyday living, entertaining, or working from home.A standout feature is the rotating entertainment wall with built-in shelving and storage, offering flexible viewing options from both the living room and bedroom while maximizing functionality in this well-designed space.The renovated bathroom features contemporary tile finishes and a modern aesthetic. Enjoy afternoon sunshine from the west-facing private balcony surrounded by mature trees, offering a peaceful outdoor retreat in the city. Additional features include in-suite laundry, dedicated storage, and covered assigned parking.Located in Lower Mount Royal, this home places you steps from the vibrant 17 Avenue SW corridor, with restaurants, cafés, boutique shopping, fitness facilities, and everyday conveniences nearby. Enjoy the convenience of inner-city living while being within the sought-after Western Canada High School catchment area.A rare opportunity to own a thoughtfully updated inner-city home offering quality finishes, functional design, and one of Calgary’s most desirable urban lifestyles.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 576 sq ft
parking: 1
year built: 1967
property tax: $1,449 / yr
strata fee: $707 / mo ($1.23 / sq ft)
strata rules: Pets Allowed
days on market: 102
MLS®: A2329440

features

Parking
Pets Allowed
Refrigerator
Stove
Hood Fan
Window Coverings

monthly cost

$1,677/mo

Mortgage $849 · Tax $121 · Strata $707

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

estimated payment

$849/ monthly

loan $155,920

25-year amortization

down payment20% · $38,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $98,828
land title fees: $455; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $39,435; down + land title fees
total paid: $254,748

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: −$277/mo
cap rate: 3.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $849 · tax $121 · strata $707 · 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

location

Lower Mount Royal, CalgaryGoogle Maps ↗

Rapid transit: 8 Street Southwest CTrain station, 1.1 km (about 18 min walk); 7 Street Southwest CTrain station, 1.1 km (about 18 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Earl Grey School694 m
Middle · CBE Mount Royal School1.1 km
Secondary · CBE Western Canada High School115 m
Elementary · Catholic Our Lady of Lourdes775 m
Secondary · Catholic St. Mary's High School1.1 km

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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