NEW CONSTRUCTION HOMES FOR SALE UNDER $300,000 IN CALGARY

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How Much You Can Afford When Applying For A Mortgage

In Canada, the minimum down payment requirements can impact how much you can afford when applying for a mortgage. These rules dictate that the minimum down payment must be:

  • 5% of the purchase price for homes up to $500,000
  • 10% of the purchase price for any amount between $500,000 and $1 million
  • 20% of the purchase price for homes over $1 million.

For example, if you have saved $15,000 for a down payment, the maximum home price you can afford would be $300,000 ($15,000 divided by 5%). However, if your down payment was $30,000, your maximum affordability would increase to $550,000. You can use our mortgage affordability calculator to run the numbers yourself and determine what price range would be suitable for your budget. However, some lenders may require a higher down payment depending on your credit score, employment history, and other factors. It's important to speak with a mortgage lender (I can help with this)to get a more accurate estimate of your down payment requirements.(Loanscanada.ca)

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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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When contacting me, please ensure to include the property address or MLS® number for the listing you are interested in. I look forward to hearing from you!

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1348 Meadowbrook Drive SE
Meadowbrook (Airdrie) Airdrie T4A 2B3

$599,900
Residential beds: 4 baths: 3.0 1,377 sq. ft. built: 1993

Main Photo: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 1: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 2: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 3: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 4: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 5: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 6: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 7: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
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Photo 12: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 13: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
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Photo 36: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Photo 37: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2168060
Bedrooms:
4
Bathrooms:
3
Year Built:
1993
Excellent Airdrie Location and great curb appeal in this former showhome with FOUR Beds / 3 Full Baths close to schools, parks, pool, Genesis Place and shopping in a FAMILY FRIENDLY AIRDRIE Neighbourhood. Fully Finished WALKOUT to a fenced yard with 6 ft vinyl fencing, a covered deck on the ground level, firepit, garden shed and mature trees and landscaping. The asphalt shingle roof was replaced in 2014 and the windows feature a higher R-factor. A spacious foyer welcomes you home to a bright living room on the ground floor featuring a two storey vaulted ceiling. A few steps up brings you to the main level with dining room overlooking the living area & adjoining the kitchen with plenty of storage space, additional lighting provided by a skylight, plus a breakfast bar and room for a small eating area if desired. A deck for entertaining and barbecuing off the kitchen overlooks the fenced backyard. Primary suite with 4pc ensuite, & TWO more bedrooms share a 4pc bathroom completes the main level. A stairway at the entry leads down to the WALKOUT level into a huge open recreation room or family room with gas fireplace. Finished space also includes an additional bedroom, a 150 Sq FT Flex area with a laundry area, a 3pc bath plus the Utility room. An insulated crawl space below the living room provides additional storage space. Solar panels were installed in October and are now operational. This will provide a projected substantial saving on utilities to the home owner going forward. This is a great family home in a mature and accessible neighbourhood so don't wait too long to check it out!!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bi-Level
Total Living Area:
1,377 sq. ft.
Main Level Finished Area:
1,377.59 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
922.15 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,880 sq. ft.
Lot Frontage:
36'6¼"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
Northwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northwest
Levels:
Bi-Level
Total Rooms Above Grade:
6
Year built:
1993 (Age: 31)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
9311805
Heating:
Forced Air, Natural Gas, Solar
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Front Drive, Garage Door Opener, Insulated, See Remarks
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Meadowbrook (Airdrie)
Dishwasher, Electric Range, Garage Control(s), Range Hood, Refrigerator, Washer/Dryer
None
Airspace Restriction, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
17'6" × 16'10"
Main Floor
Dining Room
17'8" × 9'5"
Main Floor
Kitchen
16'7" × 12'
Main Floor
Bedroom - Primary
14'3" × 13'4"
Main Floor
Bedroom
9'11" × 9'9"
Main Floor
Bedroom
13'3" × 11'9"
Lower Level
Game Room
24'4" × 20'7"
Lower Level
Bedroom
13'2" × 9'10"
Lower Level
Laundry
6'6" × 3'
Lower Level
Flex Space
13'9" × 12'7"
Lower Level
Furnace/Utility Room
10'2" × 5'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
Main Floor
No
4
Lower Level
No
3
Title to Land:
Fee Simple
Community Features:
Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Laminate Counters, Open Floorplan, Vaulted Ceiling(s), Skylight(s)
Exterior Features:
Storage
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Lane, Back Yard, City Lot, Front Yard, Lawn, Irregular Lot, Level
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Fenced
Region:
Airdrie
Zoning:
R1
Listed Date:
Sep 23, 2024
Days on Mkt:
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    Bedroom 2 on main
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    Bedroom 3 on main
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  • Photo 30: 1348 Meadowbrook Drive SE: Airdrie Detached for sale : MLS®# A2168060
    Lower Level Bedroom
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Virtual Tour

Virtual Tour

Listed by RE/MAX West Real Estate
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
387
Avg list price:
$599,900
Min list price:
$200,000
Max list price:
$1,749,900
Avg days on market:
36
Min days on market:
1
Max days on market:
287
Avg price per sq.ft.:
$360.43
These statistics are generated based on the current listing's property type and located in Airdrie. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706