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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172 Morningside Manor SW
Morningside Airdrie T4B 0K4

$549,900
Residential beds: 3 baths: 3.0 1,512 sq. ft. built: 2008

Main Photo: 172 Morningside Manor SW: Airdrie Detached for sale : MLS®# A2164359
Photo 1: 172 Morningside Manor SW: Airdrie Detached for sale : MLS®# A2164359
Photo 2: 172 Morningside Manor SW: Airdrie Detached for sale : MLS®# A2164359
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Photo 5: 172 Morningside Manor SW: Airdrie Detached for sale : MLS®# A2164359
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Photo 33: 172 Morningside Manor SW: Airdrie Detached for sale : MLS®# A2164359
Photo 34: 172 Morningside Manor SW: Airdrie Detached for sale : MLS®# A2164359
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2164359
Bedrooms:
3
Bathrooms:
3
Year Built:
2008
Welcome to Morningside! This charming two-story home is situated on a quiet street, directly across from a playground. As you approach the front door, you'll notice the covered porch, ideal for watching the kids play in the park. Inside, gleaming hardwood floors greet you throughout the main level. The open-concept layout features a spacious living room with a fireplace, a dining area, and a kitchen with a two-tier granite countertop island/breakfast bar and recently upgraded stainless steel appliances. A convenient 2-piece bath completes this floor. Upstairs, you'll find a functional layout with three bedrooms and two full baths, including the master suite with a walk-in closet and a 4-piece ensuite. A laundry room is also conveniently located on this level. The basement is framed for a bathroom and two additional bedrooms, awaiting your finishing touches. The backyard is a gardener's dream, boasting apple and cherry trees, Haskap, strawberry, and raspberry bushes, a herb garden, zucchini, squash, rhubarb, asparagus, grapes, and more! A double detached garage provides ample parking. This home is within walking distance to St. Veronica's School (K-9), shopping, dining, dentists and offers easy access to Deerfoot for commuting to Calgary or the airport!
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:
1,512 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,025 sq. ft.
Lot Frontage:
38'5"
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:
Unit Exposure:
North
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2008 (Age: 16)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0714812
Heating:
Fireplace(s), Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Morningside
Dishwasher, Electric Range, Garage Control(s), Microwave, Refrigerator, Washer/Dryer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
16'1" × 9'3"
Main Floor
Foyer
6'7" × 5'
Main Floor
Kitchen
14'3" × 14'3"
Main Floor
Living Room
15'7" × 14'11"
Main Floor
Pantry
4'2" × 3'10"
2nd Floor
Bedroom
10'7" × 9'9"
2nd Floor
Bedroom
10'11" × 8'10"
2nd Floor
Bedroom - Primary
12'10" × 12'
2nd Floor
Walk-In Closet
6'7" × 4'5"
2nd Floor
Walk-In Closet
4'4" × 3'8"
2nd Floor
Walk-In Closet
4'2" × 3'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 4'10"
2nd Floor
No
4
9'11" x 7'4"
2nd Floor
Yes
4
9'4" x 7'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Granite Counters, Kitchen Island, Open Floorplan, Pantry
Exterior Features:
Garden, Private Entrance, Private Yard
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Lane, Back Yard, Fruit Trees/Shrub(s), Few Trees, Front Yard, Lawn, Garden, Landscaped, Level, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Airdrie
Zoning:
R1-L
Listed Date:
Sep 19, 2024
Days on Mkt:
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Virtual Tour

Listed by CIR Realty
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
351
Avg list price:
$599,900
Min list price:
$244,000
Max list price:
$3,299,000
Avg days on market:
24
Min days on market:
1
Max days on market:
333
Avg price per sq.ft.:
$365.85
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