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7 Richelieu Court SW
homes for sale · Calgary · Lincoln Park
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$499,900

7 Richelieu Court SW

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

realtor's description

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.

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,789 sq ft
parking
4
year built
1992
property tax
$3,112 / yr
strata fee
$625 / mo ($0.35 / sq ft)
strata rules
Pets Allowed With Restrictions, Age Restrictions
days on market
10
MLS®
A2352225

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

features

  • No neighbours behind
  • French door
  • Parking
  • Pets Allowed With Restrictions
  • Age Restrictions
  • Refrigerator

monthly cost

$3,062/mo
Mortgage $2,178 · Tax $259 · Strata $625

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

estimated payment
$2,178/ monthly
loan $399,920
25-year amortization
total interest
$253,485
land title fees
$1,000
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$100,980
down + land title fees
total paid
$653,405

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
$2,090/mo
after all costs
−$1,315/mo
cap rate
2.1%
yearly net rent ÷ price

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

location

Lincoln Park, CalgaryGoogle Maps ↗

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Glamorgan School577 m
  • Secondary · CBE Central Memorial High School1.8 km
  • Elementary · Catholic St. Andrew School762 m
  • Middle · Catholic St. James Elementary Junior High School2.2 km
  • Secondary · Catholic Bishop Carroll High School1.2 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
Curtis MacPhail
Sotheby's International Realty Canada
call Curtis · 587-315-5964
Powered by: REALTOR.ca

similar homes nearby

city assessment

$468,000

2026 assessment · market value as of July 1, 2025

  • Down 0.4% from $470,000 in 2025
  • $396,000 in 2016 (18% over ten years)
  • Asking price is 7% above the assessment
  • Built 1992
  • Lot 12,910 m² (138,962 sq ft)
roll yearassessed
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.

property tax

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.

location

Lincoln Park, CalgaryGoogle Maps ↗
Drive times
  • Glamorgan2 min
  • Bishop Carroll High3 min
  • Mount Royal University3 min
  • Rockyview General Hospital9 min
  • Downtown Calgary11 min
  • YYC airport30 min
80

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.

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339, 35 Richard Court SW, Calgary, photo 4
339, 35 Richard Court SW, Calgary, photo 5
339, 35 Richard Court SW, Calgary, photo 6
339, 35 Richard Court SW, Calgary, photo 7
339, 35 Richard Court SW, Calgary, photo 8
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MLS® A2346928
38 Richelieu Court SW, Calgary
38 Richelieu Court SW, Calgary, photo 2
38 Richelieu Court SW, Calgary, photo 3
38 Richelieu Court SW, Calgary, photo 4
38 Richelieu Court SW, Calgary, photo 5
38 Richelieu Court SW, Calgary, photo 6
38 Richelieu Court SW, Calgary, photo 7
38 Richelieu Court SW, Calgary, photo 8
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38 Richelieu Court SW
Lincoln Park, Calgary16 days on market
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22 Lincoln Green SW, Calgary, photo 2
22 Lincoln Green SW, Calgary, photo 3
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22 Lincoln Green SW, Calgary, photo 6
22 Lincoln Green SW, Calgary, photo 7
22 Lincoln Green SW, Calgary, photo 8
Townhouse
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4
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