Lincoln Park, Calgary · MLS® A2331656
221
989 sq ft · Condo · Single Family · built 2002 · 88 days on market
listed by David Luu, eXp Realty
Welcome to this bright and spacious 989 sq. ft. corner-unit condo, offering 2 bedrooms, 2 full bathrooms, plus a versatile den located on the top floor in the community of Lincoln Park. Ideal for students, professionals, first-time buyers, or investors, this move-in-ready home features an open-concept layout with abundant natural light and thoughtful upgrades throughout. The modern kitchen with ample cabinetry, a pantry, and breakfast bar. The living area is warm and inviting with a cozy fireplace, while the well-designed floor plan places the bedrooms on opposite sides for added privacy. The primary suite includes a his and her closet, soaker tub and secondary private balcony. Additional highlights include a two covered balcony with a gas line for BBQ, in-suite laundry, heated underground parking, an assigned storage locker, visitor parking, gym, social room and a car wash bay. Residents enjoy access to a fitness centre, party room, and landscaped courtyard. Located just steps from Mount Royal University, with easy access to parks, Sandy Beach, Glenmore Reservoir, shopping, restaurants, transit, Westhills, Chinook Centre, Grey Eagle Casino, and Stoney Trail, this is an exceptional opportunity to own in one of Calgary's most convenient locations. Don’t miss out on this excellent opportunity to own in Lincoln Park!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,394 · tax $178 · strata $803 · 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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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.
$321,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $321,500 |
| 2025 | $328,000 |
| 2024 | $269,000 |
| 2023 | $251,500 |
| 2022 | $239,500 |
| 2021 | $248,500 |
| 2020 | $270,000 |
| 2019 | $295,000 |
From City of Calgary open data (property assessments), matched to 416 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 $2,138 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,137 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.