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.

  3. Email Address: Reach out to me at Diane for any inquiries or to request additional information.

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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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3 Lakewood Mews
Lakewood (Strathmore) Strathmore T0J 1Y0

$715,000
Residential beds: 5 baths: 4.0 2,079 sq. ft. built: 2024

Main Photo: 3 Lakewood Mews: Strathmore Detached for sale : MLS®# A2170755
Photo 1: 3 Lakewood Mews: Strathmore Detached for sale : MLS®# A2170755
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2170755
Bedrooms:
5
Bathrooms:
4
Year Built:
2024
Discover a new level of stylish living in this impeccably crafted 2024 two story/walkout home in Lakewood, Strathmore’s revitalized lakefront community. Built by Shayman Homes, this exquisite two-storey 5 Bedroom residence offers close to 3000 sq.ft. of beautifully designed living space, featuring a variety of high-end upgrades. Enjoy 9' ceiling on all three floors and larger windows that bathe the home in natural light, an expansive primary walk-in closet with custom built ins, a luxurious 5PC ensuite, and a covered deck that extends your living space outdoors. You also have an extended driveway on the front, this home is fully landscaped too. The main floor greets you with a versatile office or flex room, which flows effortlessly into the bright and airy living area. The chef’s kitchen is a standout, complete with sleek cabinetry, 10' island countertop, and a premium appliance package with a chimney style hood fan, ideal for both casual dining and entertaining guests. Upstairs, you’ll find a spacious bonus room, a convenient laundry room, and a stylish 4-piece bathroom, alongside three generously sized bedrooms with stunning views through oversized windows. The primary bedroom is a true retreat, featuring a large walk-in closet with custom built ins, while the ensuite showcases a custom shower, double vanity, and a striking corner tub, drenched in natural light. The fully finished basement offers even more space, with two additional bedrooms, a 4-piece bathroom, and a wet bar, all opening onto a private, fenced backyard. From the covered deck, you can enjoy peaceful views of the greenspace and playground, with no neighbors behind you. Set in the vibrant Lakewood community, this home offers year-round recreational opportunities for all ages, including golfing, walking, biking, paddle-boarding, tennis court and all amenities are within 5 minute drive including schools. Lakewood is just 30 minutes drive from Calgary. Lakewood isn’t just a place to live—it’s a lifestyle. Don’t miss the chance to make this extraordinary property your own.
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:
2,079 sq. ft.
Main Level Finished Area:
947 sq. ft.
Upper Level Finished Area:
1,132 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
947 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,090 sq. ft.
Lot Frontage:
35'5"
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:
East
Reg. Size:
Reg. Size Includes:
Floor Location:
Below Grade
Entry Level:
1
Levels:
Two
Total Rooms Above Grade:
5
Year built:
2024 (Age: 0)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1413461
Heating:
High Efficiency, Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
Builder:
Shayman Homes
New Constr.:
Yes
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Decorative, Family Room, Gas, Masonry, Stone
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Lower Level, Multiple Locations, Upper Level
Lakewood (Strathmore)
Dishwasher, Garage Control(s), Gas Stove, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer/Dryer
na
None Known
Floor
Type
Size
Other
Main Floor
Flex Space
19'11" × 11'5"
Main Floor
Kitchen
14'11" × 11'3"
Main Floor
Family Room
14'1" × 8'5"
Upper Level
Bedroom
14'1" × 11'5"
Upper Level
Bedroom - Primary
14' × 12'10"
Upper Level
Bedroom
11'5" × 11'5"
Basement
Bedroom
14' × 10'
Basement
Bedroom
14' × 10'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
5
0' x 0'
Upper Level
No
4
0' x 0'
Basement
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Golf, Lake, Park, Playground, Tennis Court(s), Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers, Double Vanity, Kitchen Island, Open Floorplan, Pantry, Separate Entrance, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s), Deck, Rear Porch
Lot Features:
Backs on to Park/Green Space, Front Yard, Gentle Sloping, No Neighbours Behind, Landscaped, Rectangular Lot, Rolling Slope
Num. of Parcels:
0
Fencing:
Fenced
Region:
Wheatland County
Zoning:
R1S
Listed Date:
Oct 03, 2024
Days on Mkt:
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Virtual Tour

Listed by Five Star Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$527,450
Min list price:
$179,999
Max list price:
$2,200,000
Avg days on market:
33
Min days on market:
5
Max days on market:
215
Avg price per sq.ft.:
$366.52
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