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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228 Ranch Close
The Ranch_Strathmore Strathmore T1P 0B4

$644,900
Residential beds: 3 baths: 3.0 1,817 sq. ft. built: 2014

Main Photo: 228 Ranch Close: Strathmore Detached for sale : MLS®# A2148690
Photo 1: 228 Ranch Close: Strathmore Detached for sale : MLS®# A2148690
Photo 2: 228 Ranch Close: Strathmore Detached for sale : MLS®# A2148690
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Photo 41: 228 Ranch Close: Strathmore Detached for sale : MLS®# A2148690
Photo 42: 228 Ranch Close: Strathmore Detached for sale : MLS®# A2148690
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2148690
Bedrooms:
3
Bathrooms:
3
Year Built:
2014
Seller is motivated to look at offers. TRIPLE GARAGE, QUIET CRESCENT LOCATED CLOSE TO SHOPPING!! Walking up you are welcomed by a wonderful front porch. The large front entrance with a double door coat closet. This home features an open concept floor plan. The kitchen boasts a massive island, tasteful appliances, gas stove, large walk in pantry, great size dining area, lovely living room, door to your fully fenced back yard. Completing the main floor is a 2 piece powder room, and entrance to your triple attached garage. The upper features 2 large junior bedrooms with wonderful closet organizers. 4 piece bathroom. Upper laundry. Bonus room that could be a 4th bedroom. The primary bedroom will fit king furniture, there is a large walk in closet and a lovely 5 piece spa with jetted tub and wonderful walk in shower. There is a side entrance that will lead you to the lower level that is unspoiled waiting for your completion. This home has been freshly painted and is move in ready!!!
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:
1,816.7 sq. ft.
Main Level Finished Area:
771.2 sq. ft.
Upper Level Finished Area:
1,045.5 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,938 sq. ft.
Lot Frontage:
52'
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:
7
Year built:
2014 (Age: 10)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0714215
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Other
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room, Stone
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
7.0
Parking Total/Covered:
7 / -
Laundry Features:
Upper Level
The Ranch_Strathmore
Dishwasher, Garage Control(s), Gas Stove, Microwave Hood Fan, Range Hood, Refrigerator, Washer/Dryer, Water Softener
Air purifier
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Entrance
11'11" × 8'
Main Floor
Pantry
4'11" × 4'11"
Main Floor
Kitchen
14'1" × 13'7"
Main Floor
Entrance
7' × 3'5"
Main Floor
Living Room
14'6" × 13'11"
Main Floor
Dining Room
10'7" × 8'9"
Upper Level
Bonus Room
14' × 9'9"
Upper Level
Laundry
7'11" × 5'1"
Upper Level
Bedroom
10' × 9'11"
Upper Level
Bedroom
10' × 9'10"
Upper Level
Bedroom - Primary
14' × 12'11"
Upper Level
Walk-In Closet
9'11" × 4'1"
Basement
Furnace/Utility Room
11'11" × 8'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 4'11"
Upper Level
No
4
4'11" x 7'11"
Upper Level
Yes
5
8'4" x 9'10"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Closet Organizers, Granite Counters, Jetted Tub, Kitchen Island, Open Floorplan, Pantry, See Remarks, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Other
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Yard, Lawn, Landscaped, Level, Street Lighting
Num. of Parcels:
0
Fencing:
Fenced
Region:
Wheatland County
Zoning:
R1
Listed Date:
Jul 12, 2024
Days on Mkt:
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Listed by RE/MAX Realty Horizon
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$579,900
Min list price:
$125,000
Max list price:
$2,200,000
Avg days on market:
35
Min days on market:
1
Max days on market:
161
Avg price per sq.ft.:
$350.65
These statistics are generated based on the current listing's property type and located in Strathmore. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706