Ranchlands, Calgary · MLS® A2333471
221
1,230 sq ft · 222 m² lot · Townhouse · Single Family · built 1977 · 87 days on market
listed by Tanya Eklund, RE/MAX First
NO CONDO FEES! Located in the established community of Ranchlands, this 2 bedroom, 5 level split townhome has had some updates & is ideal for an investment property or first time buyers. The main level has a spacious living room with access to the south facing deck & back yard. Just a few steps up is a bright kitchen with laminate flooring, crisp white cabinets, stainless steel appliances & casual dining area. A convenient 2 piece powder room completes the second level. The third level hosts a large primary bedroom while the fourth level includes the second bedroom & 4 piece main bath. Other notable features include new floors & fresh paint, furnace recently serviced, newer roof on the deck side of the house & the deck has also been re-sealed. Also enjoy the convenience of a single attached garage & sunny south back yard surrounded by mature trees. This home is located steps to a playground & Ranchero Park & close to Crowfoot YMCA, schools, shopping, public transit & easy access to Crowchild Trail, John Laurie Blvd, Nose Hill Drive & Sarcee Trail. Immediate possession is available!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,826 · tax $251 · insurance ~$175 · 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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$452,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $452,500 |
| 2025 | $436,000 |
| 2024 | $353,000 |
| 2023 | $318,000 |
| 2022 | $293,000 |
| 2021 | $279,500 |
| 2020 | $295,000 |
| 2019 | $270,500 |
From City of Calgary open data (property assessments), matched to 7003 RANCHERO RD NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,009 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,009 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 73/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 5 places to eat or drink, 32 parks and playgrounds, 1 school, 2 pharmacies, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.