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306, 7239 Sierra Morena Boulevard SW
homes for sale · Calgary · Signal Hill
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$395,000

306, 7239 Sierra Morena Boulevard SW

Signal Hill, Calgary · MLS® A2332984

221

1,104 sq ft · Condo · Single Family · built 1995 · 66 days on market

listed by Terrie Stewart, MaxWell Capital Realty

realtor's description

Amazing 2 Bedroom, 2 Bathroom, West Facing Balcony Adult Unit AVAILABLE NOW! ENJOY AN ACTIVE & SOCIAL LIFESTYLE in this well-maintained 55+ Adult Living Community. The Sierras OF Richmond offers an impressive range of amenities, including a Fitness Centre, Library, Wood WorkShop, Guest Suites, Games, Social and Hobby Rooms, and more, designed to encourage a fun and social life. Discover this bright, spacious home which offers 2 bedrooms (or 1 bedroom & Den) and features a quiet, private, west-facing balcony, creating the perfect setting to relax and enjoy spectacular sunsets. Two deck accesses equipped with Phantom Screens, while air conditioning and ceiling fans provide excellent airflow and year-round comfort.The thoughtfully designed open-concept floor plan makes the most of the natural west-facing light and offers an inviting flow between the living and dining areas—ideal for both everyday living and entertaining. Plenty of large doorways and easy flow areas for ease of mobility. The spacious Kitchen is well appointed with beautiful Granite countertops, a convenient eating bar, abundant cabinetry, generous workspace and a pantry. Tucked conveniently at the rear of the kitchen is a large laundry/storage/pantry room, offering additional storage and room for a small freezer.The versatile Second Bedroom provides endless possibilities and can easily serve as a Guest Room, Den, Hobby Room, Home Office, or whatever best suits your lifestyle with 3 piece Bathroom nearby.The generous Primary Suite offers exceptional comfort to fit a king size bed and storage with three closets, with a private Ensuite featuring a jetted tub. The room has direct access to the covered west-facing Balcony through a separate entrance with a Phantom Screen.For added convenience, the property includes a titled, heated underground parking stall with a front storage unit, conveniently located near the elevator. Additional building amenities include a Picnic Area, Car Wash, Bike Storage, and Recycling facilities—making it easy to simplify and downsize without sacrificing storage or convenience.Condo fees include heat, electricity, water, sewer, garbage, and recycling, providing simple and predictable monthly expenses.Ideally located with convenient access to Stoney Trail, Sarcee Trail, Glenmore Trail, and Richmond Road, this home is also just minutes from a variety of community amenities, restaurants, shopping, and everyday conveniences. A wonderful opportunity to enjoy an active, social, and comfortable lifestyle with the freedom and ease of low-maintenance living. Enjoy the Facilities at The Sierras of Richmond Hill.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,104 sq ft
parking
1
year built
1995
property tax
$2,649 / yr
strata fee
$651 / mo ($0.59 / sq ft)
strata rules
Pets Allowed With Restrictions, Age Restrictions
days on market
66
MLS®
A2332984

buying in a building from 1982 to 2000: what to read first

features

  • See remarks
  • Elevator
  • PVC window
  • No Animal Home
  • No Smoking Home
  • Guest Suite

monthly cost

$2,593/mo
Mortgage $1,721 · Tax $221 · Strata $651

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

estimated payment
$1,721/ monthly
loan $316,000
25-year amortization
total interest
$200,293
land title fees
$815
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$79,815
down + land title fees
total paid
$516,293

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
$1,840/mo
after all costs
−$935/mo
cap rate
2.4%
yearly net rent ÷ price

Costs: mortgage $1,721 · tax $221 · strata $651 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) 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

Signal Hill, CalgaryGoogle Maps ↗

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Battalion Park School1.2 km
  • Middle · CBE Glamorgan School2.1 km
  • Secondary · CBE Ernest Manning High School2.6 km
  • Elementary · Catholic St. Andrew School2.0 km
  • Middle · Catholic St. Gregory School2.2 km
  • Secondary · Catholic Bishop Carroll High School3.8 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.

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

listed by
Terrie Stewart
MaxWell Capital Realty
call Terrie · 403-710-3333
Powered by: REALTOR.ca

similar homes nearby

city assessment

$398,500

2026 assessment · market value as of July 1, 2025

  • Down 10.8% from $446,500 in 2025
  • $357,000 in 2016 (12% over ten years)
  • Asking price is 1% below the assessment
  • Built 1995
  • Lot 8,356 m² (89,943 sq ft)
roll yearassessed
2026$398,500
2025$446,500
2024$339,000
2023$276,500
2022$259,500
2021$272,000
2020$283,500
2019$288,500

From City of Calgary open data (property assessments), matched to 306 7239 SIERRA MORENA BV 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 $2,650 a year

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

The listing shows $2,649 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

Signal Hill, CalgaryGoogle Maps ↗
Drive times
  • Battalion Park4 min
  • Calgary Christian High6 min
  • Ambrose University7 min
  • Rockyview General Hospital12 min
  • Downtown Calgary15 min
  • YYC airport33 min
85

Walkability 85/100 · Very walkable: most errands on foot

Within a 10 minute walk: 2 grocery stores, 12 places to eat or drink, 2 cafes, 11 parks and playgrounds, 1 pharmacy, 15 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

107, 7239 Sierra Morena Boulevard SW, Calgary
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Condo
$449,900
4methe deep dive
107, 7239 Sierra Morena Boulevard SW
Signal Hill, Calgary23 days on market
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104, 6868 Sierra Morena Boulevard SW, Calgary
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4methe deep dive
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