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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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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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412 Morningside Crescent SW
Morningside Airdrie T4B 3M6

$714,990
Residential beds: 5 baths: 4.0 2,549 sq. ft. built: 2007

Main Photo: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 1: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 2: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 3: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 4: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 5: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 6: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 7: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 8: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 9: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 10: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 11: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 12: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 13: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 14: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 15: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 16: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 17: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 18: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 19: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 20: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 21: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 22: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 23: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 24: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 25: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 26: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 27: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 28: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 29: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 30: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 31: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 32: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 33: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 34: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 35: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 36: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 37: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 38: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 39: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 40: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 41: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 42: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 43: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 44: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Photo 45: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162190
Bedrooms:
5
Bathrooms:
4
Year Built:
2007
Welcome to your new home in the desirable community of Morningside! This beautiful home 5-BEDROOM home is fully finished boasting over 3700 ft2 of LIVING SPACE and is MOVE IN READY!! As you enter the home you are wowed with the high ceilings and the sweeping staircase. The main floor boasts a formal dining room and large living room perfect for entertaining and family gatherings. The heart of the home is the open concept kitchen, dining room and additional living room with fireplace giving you even more space to spend with the family. The modern kitchen shines with granite countertops, stainless steel appliance, a large island and large corner pantry. The patio doors off of the dining room lead out to the composite back deck for morning coffee or BBQ’s (Including gas line). On the main floor you will also find the half bath and laundry room. Upstairs features 3 large bedrooms and an enormous bonus room that provides extra space for an office/computer desk. The primary bedroom provides a generous space (big enough for a king-sized bed) and a beautiful ensuite with walk-in shower and soaker tub. The full 4pc bathroom and large bedrooms complete this floor. The fully developed basement features two additional bedrooms, full bathroom and recreation room with fireplace and wet bar. Some of the most recent upgrades include new flooring, air conditioning, and composite decking, making this home a must see! Conveniently located within walking distance to all levels of schools and numerous parks, close to dining, shopping, transit as well as easy access to major routes for commuting. Call to book your showing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
2,548.57 sq. ft.
Main Level Finished Area:
1,273.13 sq. ft.
Upper Level Finished Area:
1,275.44 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,221.94 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,942 sq. ft.
Lot Frontage:
41'2"
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:
North
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
10
Year built:
2007 (Age: 17)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0710893
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Basement, Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Front Drive
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room
Morningside
Central Air Conditioner, Dishwasher, Dryer, Electric Range, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer
Standup Desk and Storage in Office, BBQ, Children's Play Structure and Shed can be included
Airspace Restriction
Floor
Type
Size
Other
Main Floor
Breakfast Nook
14'10" × 7'11"
Main Floor
Dining Room
11'10" × 9'4"
Main Floor
Family Room
20'3" × 13'11"
Main Floor
Foyer
5'6" × 4'9"
Main Floor
Kitchen
13'11" × 10'9"
Main Floor
Laundry
9'11" × 6'2"
Main Floor
Living Room
12'11" × 9'10"
Main Floor
Office
10'7" × 9'4"
2nd Floor
Bedroom
11'9" × 10'10"
2nd Floor
Bedroom
11'11" × 10'8"
2nd Floor
Bonus Room
23'9" × 18'
2nd Floor
Bedroom - Primary
17' × 13'8"
2nd Floor
Walk-In Closet
9'10" × 5'
Basement
Kitchenette
9'8" × 8'
Basement
Bedroom
11'2" × 9'3"
Basement
Bedroom
11'1" × 9'9"
Basement
Game Room
29'2" × 21'5"
Basement
Furnace/Utility Room
14'3" × 10'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'7" x 4'4"
2nd Floor
No
4
4'10" x 7'11"
2nd Floor
Yes
4
11'9" x 8'2"
Basement
No
4
4'10" x 6'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
French Door, Granite Counters, High Ceilings, Pantry
Exterior Features:
BBQ gas line
Patio And Porch Features:
Deck
Lot Features:
Interior Lot, Irregular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Airdrie
Zoning:
R1
Listed Date:
Sep 06, 2024
Days on Mkt:
  • Photo 1: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
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  • Photo 2: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
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  • Photo 3: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Formal Dining Room
  • Photo 4: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Sitting Room
  • Photo 5: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Sitting Room
  • Photo 6: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Formal Dining Room
  • Photo 7: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Eat in Kitchen
  • Photo 8: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Kitchen with Eating Bar
  • Photo 9: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Kitchen
  • Photo 10: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Eat in Kitchen
  • Photo 11: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Living Room
  • Photo 12: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Living Room
  • Photo 13: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Living Room
  • Photo 14: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Main Floor Office
  • Photo 15: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Main Floor Office
  • Photo 16: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Main Floor Powder Room
  • Photo 17: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Main Floor Laundry
  • Photo 18: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Upstairs Bonus Room
  • Photo 19: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Upstairs Bonus Room
  • Photo 20: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Upstairs Bonus Room
  • Photo 21: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
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  • Photo 23: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Primary Bedroom
  • Photo 24: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Primary Bedroom
  • Photo 25: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Primary Ensuite
  • Photo 26: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Primary Ensuite
  • Photo 27: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Upstairs Bedroom
  • Photo 28: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Upstairs Bedroom
  • Photo 29: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Upstairs Bedroom
  • Photo 30: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Photo 30 of 45
  • Photo 31: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Upstairs Bathroom
  • Photo 32: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Basement Bonus Room with Wet Bar
  • Photo 33: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Basement Wet Bar
  • Photo 34: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Basement Bonus Room
  • Photo 35: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Basement Bonus Room
  • Photo 36: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Basement Bedroom
  • Photo 37: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Basement Bedroom
  • Photo 38: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Basement Bathroom
  • Photo 39: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    13x8 by 16x2 Composite Deck
  • Photo 40: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Spacious Backyard
  • Photo 41: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
    Spacious Backyard
  • Photo 42: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
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  • Photo 45: 412 Morningside Crescent SW: Airdrie Detached for sale : MLS®# A2162190
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Virtual Tour

Virtual Tour

Listed by RE/MAX Rocky View Real Estate
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
377
Avg list price:
$599,900
Min list price:
$200,000
Max list price:
$1,749,900
Avg days on market:
37
Min days on market:
1
Max days on market:
254
Avg price per sq.ft.:
$360.94
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