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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105 Cochrane Crescent
Cochrane Heights Cochrane T4C 1Z9

$599,999
Residential beds: 5 baths: 3.0 1,378 sq. ft. built: 1969

Main Photo: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 1: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 2: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 3: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 4: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 5: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 6: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 7: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 8: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 9: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 10: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 11: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 12: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 13: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 14: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 15: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 16: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 17: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
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Photo 20: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
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Photo 22: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
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Photo 24: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 25: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 26: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
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Photo 31: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
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Photo 33: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 34: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 35: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 36: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 37: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 38: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Photo 39: 105 Cochrane Crescent: Cochrane Detached for sale : MLS®# A2158581
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2158581
Bedrooms:
5
Bathrooms:
3
Year Built:
1969
Discover the perfect home that fulfills all your desires—upgraded and expanded with beautiful finishings. Situated on a spacious, park-like lot with mature trees, this property is within walking distance of schools (grades 1-12) and downtown. Ideal for discerning buyers. This home features a redesigned kitchen with alder cabinetry, granite countertops, a textured architectural ceiling, plus a convenient breakfast bar. The 4-season sunroom/family room includes in-floor heating and a vaulted cedar ceiling, enhancing the home's functionality. The expansive master bedroom now offers a stunning 3-piece ensuite and a walk-in closet. Upgrades abound, including BRAND NEW carpeting, newer triple pane windows (2 years old in bedrooms), newer roof, paint, baseboards, doors, and lighting. Upgraded electrical panel, radon mitigation. The fully finished lower level includes two additional bedrooms, a 3-piece bath, a family room, and a large storage room that could serve as a den or office. The exterior features newer siding, a porch, deck, and eaves, underground sprinklers, and there's also a double oversized HEATED garage with 9 ft. ceilings. This is a rare offering, just steps from the school.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,377.58 sq. ft.
Main Level Finished Area:
1,378 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
937 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,780 sq. ft.
Lot Frontage:
54'9½"
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:
Southwest
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
7
Year built:
1969 (Age: 55)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
603JK
Heating:
Forced Air, Natural Gas
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, Hardwood, Tile
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Oversized
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Cochrane Heights
Dishwasher, Electric Stove, Garage Control(s), Garburator, Microwave, Range Hood, Refrigerator, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
17'3" × 12'
Main Floor
Dining Room
9'5" × 8'1"
Main Floor
Eat in Kitchen
15'7" × 12'7"
Main Floor
Family Room
15'2" × 11'8"
Main Floor
Bedroom - Primary
13'11" × 10'4"
Main Floor
Bedroom
10'3" × 9'
Main Floor
Bedroom
11'1" × 9'1"
Lower Level
Exercise Room
13' × 8'8"
Lower Level
Game Room
13'5" × 12'10"
Lower Level
Bedroom
11'10" × 9'11"
Lower Level
Bedroom
12'7" × 7'7"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
3
5'8" x 6'7"
Main Floor
No
4
4'11" x 9'1"
Lower Level
No
3
4'11" x 9'10"
Title to Land:
Fee Simple
Community Features:
Playground
Interior Features:
No Smoking Home
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Landscaped, Level, Private, Rectangular Lot, Treed, Underground Sprinklers
Num. of Parcels:
0
Fencing:
Fenced
Region:
Rocky View County
Zoning:
R-LD
Listed Date:
Aug 20, 2024
Days on Mkt:
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    Nearby Sports Field and School
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    Distance to Downtown Core
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Listed by eXp Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
188
Avg list price:
$661,950
Min list price:
$249,900
Max list price:
$1,375,000
Avg days on market:
33
Min days on market:
1
Max days on market:
398
Avg price per sq.ft.:
$370.99
These statistics are generated based on the current listing's property type and located in Cochrane. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706