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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523 kingsmere Way SE
Kings Heights Airdrie T4A 0X9

$924,900
Residential beds: 4 baths: 4.0 2,322 sq. ft. built: 2021

Main Photo: 523 kingsmere Way SE: Airdrie Detached for sale : MLS®# A2158509
Photo 1: 523 kingsmere Way SE: Airdrie Detached for sale : MLS®# A2158509
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2158509
Bedrooms:
4
Bathrooms:
4
Year Built:
2021
Experience the perfect blend of comfort and style in this fully developed walk-out custom home, ideally located, backing onto a serene pond in the desirable Kings Heights community. This thoughtfully designed residence offers a seamless flow between spaces, creating a welcoming and functional environment for everyday living. The heart of the home is the gourmet kitchen, featuring a gas countertop range, built-in stove, and microwave, all complemented by a convenient walk-through pantry. The kitchen flows effortlessly into the spacious living area, where large windows provide panoramic views of the pond and fill the space with natural light. For added convenience, the home is equipped with a central vacuum system and kick vacuums in both the kitchens and washrooms. The main floor boasts a den with pond views, making it an ideal space for a home office or a peaceful retreat. A walk-in mudroom closet offers ample storage, keeping your home organized and clutter-free. Upstairs, you’ll find two expansive primary bedrooms, each designed with comfort and privacy in mind. The bonus room, overlooking the tranquil pond, offers a versatile space perfect for a home gym, media room, or a cozy spot to unwind. The fully developed basement features an illegal 2nd suite with two additional bedrooms, a separate laundry room, and a large corner kitchen. The walk-out patio leads to the untouched backyard waiting for your personalized touch. One of the most enchanting features of this home is the ability to view the Northern Lights right from your back deck. Imagine ending your day under a sky illuminated by nature’s most spectacular light show, creating memories that will last a lifetime. This exceptional home offers a rare combination of comfort, convenience, and natural beauty. Don’t miss your chance to experience the charm of Kings Heights living. Schedule a private tour today and envision your new life in this inviting property.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
2,322.49 sq. ft.
Main Level Finished Area:
1,040.36 sq. ft.
Upper Level Finished Area:
1,282.13 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
744.67 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
4,363 sq. ft.
Lot Frontage:
34'11"
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:
Unit Exposure:
East
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2021 (Age: 3)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1811624
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grade
Foundation:
Poured Concrete
Builder:
McKee Homes
New Constr.:
No
Construction Material:
Stone, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
HOA Fee:
$85.00
Kings Heights
Park, Playground
Built-In Gas Range, Built-In Oven, Dishwasher, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer/Dryer
Basement fridge, Basement washer & dryer
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Kitchen
14'9" × 12'4"
Main Floor
Dining Room
10'4" × 10'2"
Main Floor
Living Room
14'9" × 13'1"
Main Floor
Office
9'11" × 8'5"
Upper Level
Bonus Room
14'8" × 12'1"
Upper Level
Laundry
6'10" × 5'3"
Upper Level
Bedroom - Primary
17' × 15'10"
Upper Level
Bedroom
16' × 12'5"
Basement
Kitchenette
12'8" × 8'
Basement
Family Room
14'8" × 9'4"
Basement
Laundry
4'9" × 3'7"
Basement
Bedroom
11'6" × 10'7"
Basement
Bedroom
12'2" × 10'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 5'4"
Upper Level
Yes
3
11'2" x 14'
Upper Level
Yes
5
8'8" x 9'9"
Basement
No
3
7'11" x 10'3"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bidet, Central Vacuum, Double Vanity, Kitchen Island, No Animal Home, No Smoking Home, Separate Entrance, Soaking Tub, Walk-In Closet(s)
Exterior Features:
Balcony, Basketball Court, BBQ gas line, Playground, Private Entrance, Private Yard
Patio And Porch Features:
Deck, Patio
Lot Features:
Backs on to Park/Green Space, Creek/River/Stream/Pond, No Neighbours Behind, Views
Waterfront Features:
Pond
Num. of Parcels:
0
Fencing:
Partial
Region:
Airdrie
Zoning:
R1
Listed Date:
Aug 19, 2024
Days on Mkt:
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    Walk through pantry to mudroom
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    northern lights in your backyard
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    Main floor Office facing the water
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    Bonus room facing the view
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    Basement
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    Bedroom- Basement
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    Bedroom- Basement
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    Basement washer dryer
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Listed by CIR Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
387
Avg list price:
$599,900
Min list price:
$200,000
Max list price:
$1,749,900
Avg days on market:
36
Min days on market:
1
Max days on market:
287
Avg price per sq.ft.:
$360.43
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