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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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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229 Mustang Street
Heartland Cochrane T4C 2P9

$664,990
Residential beds: 3 baths: 3.0 1,949 sq. ft. built: 2022

Main Photo: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 1: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 2: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 3: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 4: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 5: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 6: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 7: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 8: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 9: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 10: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
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Photo 12: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 13: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 14: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 15: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
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Photo 17: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 18: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
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Photo 22: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
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Photo 38: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
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Photo 40: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 41: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 42: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 43: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 44: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 45: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 46: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Photo 47: 229 Mustang Street: Cochrane Detached for sale : MLS®# A2158579
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2158579
Bedrooms:
3
Bathrooms:
3
Year Built:
2022
This location cannot be beat! Welcome to the family friendly community of Heartland. This is a warm and inviting corner home with large windows that allows for a lot of sunlight. This stunning 2 storey home boasts a spacious floor plan, perfect for growing families or those who love to entertain. The main level features a large, modern kitchen with ample counter space and stainless steel appliances, making meal prep a breeze. The adjacent family room provides a cozy ambience offering a perfect space to unwind after a long day. The dining area seamlessly flows from the living room, ideal for hosting dinner parties or intimate family gatherings. Upstairs, the second level is dedicated to the three spacious bedrooms, including the primary suite, which boasts a luxurious ensuite and generous closet space. A large bonus room upstairs offer an amazing second space for families to gather together. Your laundry room is conveniently located on 2nd floor. This home has tons of upgrades - Upgraded LVP, quartz counter tops, upgraded backsplash, cabinetry, upgraded doors/washroom hardware & lighting, upgraded zebra blinds on main and upper floor( Room Darkening). This home is fully fenced, situated on a corner lot for lots of extra privacy (neighbors on one side only) & extra parking. Multiple commercial establishments such as Tim Hortons, daycare, dental clinic, gas station, restaurants, pharmacy, liquor store, optometry clinic, and fitness center nearby. This home offers everything you need for a comfortable and convenient lifestyle. Don't miss out on the opportunity to buy this home and live and incredible lifestyle.
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:
1,948.75 sq. ft.
Main Level Finished Area:
816 sq. ft.
Upper Level Finished Area:
1,132.75 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,132.75 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,865 sq. ft.
Lot Frontage:
41'8"
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:
2022 (Age: 2)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2111260
Heating:
Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate, Tile
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
Heartland
Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator
Window Coverings
Easement Registered On Title, Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
14'5" × 13'10"
Main Floor
Kitchen
12'9" × 9'1"
Main Floor
Dining Room
10'11" × 8'6"
Main Floor
Flex Space
9'10" × 9'5"
Main Floor
Entrance
13'4" × 5'5"
Upper Level
Bedroom - Primary
15'9" × 13'4"
Upper Level
Bedroom
11'1" × 9'10"
Upper Level
Bedroom
12'2" × 11'4"
Upper Level
Bonus Room
18'4" × 15'1"
Upper Level
Laundry
7'10" × 5'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'4" x 4'11"
Upper Level
No
4
7'10" x 4'10"
Upper Level
Yes
5
8'4" x 8'1"
Title to Land:
Fee Simple
Community Features:
Shopping Nearby, Walking/Bike Paths
Interior Features:
Kitchen Island, Quartz Counters, See Remarks
Exterior Features:
Other
Patio And Porch Features:
None
Lot Features:
Corner Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Rocky View County
Zoning:
R-MX
Listed Date:
Aug 17, 2024
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by eXp Realty
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
171
Avg list price:
$689,900
Min list price:
$269,900
Max list price:
$1,375,000
Avg days on market:
29
Min days on market:
1
Max days on market:
345
Avg price per sq.ft.:
$372.71
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