Lincoln Park, Calgary · MLS® A2350106
221
1,000 sq ft · Condo · Single Family · built 2002 · 21 days on market
listed by Olivia Horvat, Real Estate Professionals Inc.
Welcome to Unit 340, a rare find in this building. At over 1,000 square feet, this is one of the largest units in the building. It's also one of only six suites of this style among the building's 170, and one of the few with two balconies. The oversized main balcony faces southwest and gets plenty of sun. It opens directly off the kitchen, which makes barbecuing easy. Because there are TWO balconies, the suite also gets excellent cross-ventilation. The home has two bedrooms, and the principal bedroom has its own balcony. Off the living room there's a separate den with a wide open entry, so it shares the natural light from the south-facing windows in the living and dining rooms. It would make a bright home office or reading room. The kitchen has granite countertops, stainless steel appliances and an induction range. In-suite laundry comes with Whirlpool machines. Storage is a real strength. Both bedrooms have custom-built closet organizers, and every closet has extra shelving and racks. The bathrooms have been updated with granite countertops and full-size mirrors. The suite comes with a titled parking stall close to the building entrance and an assigned storage locker in a locked room off the underground parkade. Building amenities include a fully equipped gym with exercise machines and free weights, and an amenity room that residents can book for private events through the management company. The building also has a secure tire storage room, a wash bay in the parkade, and a waste and recycling room next to the wash bay. Don't wait. Suites like this don't come along often.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,524 · tax $175 · strata $783 · 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
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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$316,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $316,000 |
| 2025 | $321,000 |
| 2024 | $263,500 |
| 2023 | $246,500 |
| 2022 | $234,000 |
| 2021 | $218,500 |
| 2020 | $264,500 |
| 2019 | $289,500 |
From City of Calgary open data (property assessments), matched to 340 22 RICHARD PL SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,101 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,101 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.