Lincoln Park, Calgary · MLS® A2352201
111
574 sq ft · Condo · Single Family · built 2002 · 11 days on market
listed by Nola Olukayode, Real Broker
Welcome to this bright and cozy top-floor apartment in Trafalgar House, located directly across from Mount Royal University! This 1-bedroom, 1-bathroom condo offers a well-designed open-concept layout with plenty of natural light. The kitchen features a couple of new stainless steel appliances (Refrigerator and Dishwasher), beautiful cabinetry, and a functional breakfast bar. The unit includes a spacious living area with a cozy gas fireplace and access to a private covered balcony—perfect for enjoying your morning coffee or relaxing at the end of the day. The generously sized bedroom offers ample closet space and an en-suite 4-piece bathroom. The in-suite laundry adds to the convenience for the next owner. Additional features include titled underground parking and an assigned storage locker. Residents of Trafalgar House enjoy access to a fitness centre, bookable party room, landscaped courtyard, visitor parking, and a convenient car wash bay. One of the biggest highlights is the location, directly across from Mount Royal University and just a short drive to the shops, restaurants, and cafés of Marda Loop. With easy access to public transit, and downtown Calgary just minutes away, this location is great! Whether you're a student, professional, first-time buyer, or investor, this condo offers a great combination of location, convenience, and value.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,046 · tax $124 · strata $470 · 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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$223,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $223,000 |
| 2025 | $228,000 |
| 2024 | $177,000 |
| 2023 | $148,000 |
| 2022 | $135,500 |
| 2021 | $157,500 |
| 2020 | $173,000 |
| 2019 | $193,000 |
From City of Calgary open data (property assessments), matched to 410 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 $1,483 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,482 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.