1720 7 ST SW

LOWER MOUNT ROYAL

$8,050,000

Current assessed value

Property

Property Details

Building Type

Apartment

Apartment low-rise

Year Built

2017

Assessment Value & Trend

History of assessed value for this property

$8,050,000

Permits & Renovations

3 permits on record

DateTypeEst. costStatus
Sep 13, 2017Building$4,068,550Completed
Jun 9, 2014DemolitionCompleted
May 22, 2014DemolitionCompleted
Total estimated spend(1 permit)$4,068,550

Basement & Legal Suite

Is Finished

No

Is Legal Suite

No

Community context

Low Competition

There is 1 registered legal suite in LOWER MOUNT ROYAL. Competition for basement rentals in this community is low.

With low competition in the area, legalizing a basement suite on this property could be a worthwhile investment. Renter demand may exceed available legal units.

Rental opportunity

As of Aug 3, 2026

Active rents in LOWER MOUNT ROYAL from RentFaster. Median rents below combine all bedroom sizes for each dwelling type.

Overall

$1,680

63 listings

Median apartment

$1,668

62 listings

Median townhouse

$2,750

1 listing

Bedroom breakdown for this parcel type. Click a listing count to open the ads.

Apartment rents by bedrooms

Monthly asking rents for apartment listings in LOWER MOUNT ROYAL.

Studio

Min

$1,200

Max

$1,800

Median

$1,355

Avg

$1,452

1 bed

Min

$1,175

Max

$3,200

Median

$1,600

Avg

$1,648

2 bed

Min

$1,500

Max

$3,500

Median

$1,839

Avg

$2,106

3 bed

Min

$2,900

Max

$2,900

Median

$2,900

Avg

$2,900

Proximity to Amenities

Nearest LRT

1.4 km

SB Victoria Park / Stampede CTrain Station

Bus Stop 1

160 m

WB 17 AV SW @ 6 ST SW

Bus Stop 2

160 m

EB 17 AV SW @ 8 ST SW

Bus Stop 3

190 m

EB 17 AV SW @ 6 ST SW

Downtown

900 m

Central Memorial Park

Fitness

230 m

GoodLife Fitness Calgary Mount Royal Village

fitness

Costco

5.8 km

Costco

Costco

Grocery

590 m

Safeway

Safeway

Home Improvement

260 m

Canadian Tire

Canadian Tire

Elementary

460 m

Montessori School of Calgary

Montessori School of Calgary

Junior High

610 m

Alberta Ballet School

The Alberta Ballet Company

Senior High

100 m

Western Canada High School

The Calgary School Division

108% utilization

Environmental Factors

Flood zones, emergency-service noise, shelter proximity, and hail exposure for this property and its community.

Flood Hazard

Calgary 1:100 year regulatory map

160 m

to nearest zone / facility

Overland Flow

 

Hail Hazard Risk

Historical storm exposure

Moderate

community historical rating

LOWER MOUNT ROYAL

 

Emergency Noise

Hospitals, fire & EMS stations

870 m

to nearest zone / facility

Station 02

Fire station

Emergency Shelter

Permanent Calgary shelter sites

1.0 km

to nearest zone / facility

Mustard Seed

 

Proximity to emergency shelters may correlate with higher foot traffic. This is a lifestyle indicator, not a crime or safety score.

Nearby assessed values

See how this property compares to neighbours on the same block and in the wider surrounding area.

This property

$8,050,000

Lowest nearby

$197,500

204 1730 7 ST SW

Average nearby

$397,385

Highest nearby

$1,020,000

1732A 7 ST SW

Based on 26 residential properties within 50 m · 2026 assessment roll.

This property is among the highest assessed values in this radius.

Location

Community Overview

Community Name

LOWER MOUNT ROYAL

Total Properties

1,819

Population

2,990

Crime Rate Trend

Reported incidents in 20182025

111 incidents in 2025 · Crime down 51% from 2018

Income

Median income

Compared to Calgary average where available

Household

$57,600

Calgary avg: $98,000

Individual

$44,400

Calgary avg: $44,400

Male individual

$49,600

Calgary avg: $50,400

Female individual

$39,600

Calgary avg: $39,600

Housing

Owners vs renters

% of households by tenure vs Calgary

Housing affordability

% of households by shelter cost burden vs Calgary

Diversity

Immigration status

% of population by immigration status vs Calgary

Religious affiliation

% of population by religion vs Calgary

Education

Education levels

% of population aged 15+ by credential vs Calgary

Languages

Top mother tongues

First language learned at home

RankThis communityCalgary average
1Tagalog (Pilipino, Filipino)Punjabi (Panjabi)
2SpanishTagalog (Pilipino, Filipino)
3AmharicYue (Cantonese)
4MandarinMandarin
5PolishSpanish

Immigration

Top countries of birth

Where immigrants in this community were born

RankThis communityCalgary average
1PhilippinesPhilippines
2Other places of birth in AfricaIndia
3EthiopiaChina
4United KingdomUnited Kingdom
5ChinaPakistan

View full community profile

See all remaining demographics, housing, transportation, and employment details for LOWER MOUNT ROYAL.