Lincoln Park, Calgary · MLS® A2352225
334
1,789 sq ft · Townhouse · Single Family · built 1992 · 10 days on market
listed by Curtis MacPhail, Sotheby's International Realty Canada
Welcome to 7 Richelieu Court SW in Royal Park Estates, a quiet, well-run complex tucked into Lincoln Park where the hard work has already been done. At 1,791 sq ft above grade plus a fully developed basement, this two-storey townhome delivers the space of a detached home at a fraction of the price, in one of the most central pockets of the southwest.The current owners have handled the big-ticket items that make buyers hesitate on a home of this era: all Poly-B plumbing has been removed and replaced with Uponor PEX-A and new shut-off valves throughout, the upper two floors have been professionally repainted by The Urban Painter, the stairs and upper level have new carpet, the lighting has been updated and the secondary bathroom upgraded. Laundry has been relocated to the basement, opening up the main floor.That main floor is bright and easy to live in. A gas fireplace anchors the living room beneath an east-facing bay window, the dining area has room for a proper table and sideboard, and sliding doors open onto a sunny east balcony for morning coffee. The kitchen offers generous cabinetry and counter space, and a renovated two-piece bath sits just off the entry.Upstairs, the primary bedroom is a true retreat with a walk-in closet fitted with custom organizers and a five-piece ensuite featuring a deep soaker tub, separate walk-in shower and double vanity. Escape to the privacy of your own balcony for morning coffee. Two further bedrooms, one with a built-in Murphy bed that stays with the home, share the freshly upgraded main bath. Three bedrooms, two and a half baths and not a single room you will need to touch.The developed basement is where the value really shows: a large family and games room with an east-facing window, a custom bar with wine storage and bar fridge, and a pool table with accessories, all included. A hobby room, the new laundry area and a storage room already roughed in for a future full bathroom round out the level. The attached double gar age is drywalled and insulated, with driveway parking for two more.Lincoln Park is the definition of central. Mount Royal University is a one-minute walk. Marda Loop, the Glamorgan Bakery, Westhills Towne Centre and Rockyview Hospital are all minutes away, and the pathways through North Glenmore Park, the Weaselhead and Sandy Beach start almost at your door. Downtown is a 15-minute commute, Glenmore and Crowchild get you across the city quickly, and the mountains are under an hour west. The complex is pet friendly and age-restricted (40+ owners, 15+ occupants), with visitor parking and careful, stable management.Flexible possession and easy to show. Move in, unpack, and start enjoying the neighbourhood.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,178 · tax $259 · strata $625 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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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$468,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $468,000 |
| 2025 | $470,000 |
| 2024 | $397,500 |
| 2023 | $353,000 |
| 2022 | $314,000 |
| 2021 | $303,500 |
| 2020 | $320,000 |
| 2019 | $327,500 |
From City of Calgary open data (property assessments), matched to 7 RICHELIEU CO SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,112 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,112 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 80/100 · Very walkable: most errands on foot
Within a 10 minute walk: 10 places to eat or drink, 2 cafes, 13 parks and playgrounds, 1 school, 1 pharmacy, 30 transit stops.
mihom score from OpenStreetMap places, by straight line distance.