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2305 Richmond Road SW
Beds
5
Baths
5 full + 1 half
Sqft
2,349
Year
2026
Type
Single Family
On market
72d
This UNDER CONSTRUCTION 3 STOREY home will be ready in August and offers refined design, elevated living & a location that blends luxury with city convenience. This exceptional semi-detached residence offers over four thoughtfully developed levels, including a fully finished legal suite, and is perfectly positioned BAKING ONTO A PARK with a sun-filled WEST-facing backyard—delivering both tranquility and rare inner-city views.Situated in the highly sought-after community of RICHMOND, this home places you moments from Calgary’s most desirable amenities while offering the serenity of park-side living. Enjoy direct access to green space, walking paths, and playgrounds just beyond your backyard, with effortless connectivity to downtown, top-rated schools, boutique shopping, and vibrant dining along 17TH AVE SW and MARDA LOOP.Step inside and experience a refined, modern interior where clean lines and intentional design create a sense of understated luxury. The welcoming FOYER opens to a bright dining room perfect for family gatherings or entertaining. A discreetly tucked away POWDER ROOM adds convenience without compromising flow.At the heart of the home, the main living area unfolds with seamless elegance. The kitchen is both functional and striking, anchored by an oversized island and complemented by a generous pantry—perfect for everyday living or elevated entertaining. The adjoining family room is warm and inviting, centred around a fireplace with custom built-in cabinetry, while expansive rear windows frame picturesque park views and fill the space with natural light.Step outside to the WEST-FACING BACKYARD, where a private patio is an ideal setting for sunset evenings, summer gatherings, or quiet morning coffee surrounded by greenery. A thoughtfully designed mud room with built-in storage ensures effortless organization.The second level is designed for comfort and retreat. The PRIMARY SUITE offers a serene escape with vaulted ceilings, a spacious walk-in c loset, and a spa-inspired ensuite featuring a freestanding tub and separate shower. Two additional bedrooms, each with walk-in closets, a full bathroom, and convenient upper laundry complete this level.Elevating the home even further, the THIRD LEVEL LOFT provides a truly standout space. This open-concept retreat features a built-in bar, a stylish 3-piece bathroom, and access to a large, sunny west-facing balcony overlooking the park. Whether used as an entertainment lounge, executive workspace, or private getaway, this level captures stunning elevated park views and unforgettable sunsets.Downstairs, the fully developed LEGAL BASEMENT SUITE offers exceptional flexibility and income potential. Complete with its own kitchen, spacious rec room, two bedrooms, bathroom & laundry, it’s perfectly suited for extended family, guests, or rental opportunities.Living in Richmond means enjoying a quiet, established inner-city neighbourhood with unparalleled access to Calgary’s best outdoor and urban amenities. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Bedroom | 10.50 Ft x 9.75 Ft | |
| Bedroom | 10.75 Ft x 11.08 Ft | |
| Recreational, Games room | 12.92 Ft x 12.75 Ft | |
| Kitchen | 10.83 Ft x 8.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.33 Ft x 11.08 Ft | |
| Kitchen | 18.67 Ft x 13.00 Ft | |
| Dining room | 10.00 Ft x 12.08 Ft | |
| Other | 5.67 Ft x 13.67 Ft | |
| 2pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.00 Ft x 13.08 Ft | |
| Other | 7.17 Ft x 8.58 Ft | |
| Bedroom | 10.50 Ft x 9.42 Ft | |
| Bedroom | 10.50 Ft x 9.33 Ft | |
| Laundry room | 6.00 Ft x 8.58 Ft | |
| 4pc Bathroom | — | |
| 5pc Bathroom | — |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 27.25 Ft x 11.25 Ft | |
| 3pc Bathroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.72%
Cap rate
4.72%
GRM
13.9
Break-even rent
$7,938
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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