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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107 Carr Crescent
Tower Hill Okotoks T1S 1E2

$560,000
Residential beds: 5 baths: 3.0 1,460 sq. ft. built: 1981

Main Photo: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 1: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 2: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 3: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 4: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 5: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 6: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 7: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 8: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
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Photo 10: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
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Photo 29: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 30: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Photo 31: 107 Carr Crescent: Okotoks Detached for sale : MLS®# A2178038
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2178038
Bedrooms:
5
Bathrooms:
3
Year Built:
1981
Ideal for large families or those with older children saving for their future, this open and renovated 1460 sq. ft. bungalow is nestled in a quiet, family-oriented crescent. The ultimate family setting, this refreshed 5-bedroom home with 3 bedrooms up, main floor laundry, all on a spacious 54x100 ft lot, is merely half a block from Good Shepard School and 1 km from Percy Peglar Public School and the Okotoks Rec Center. This location ensures a safe and easy walk to school and access to swimming, skating, curling, baseball, soccer, and a fitness gym. The kitchen, updated and open, boasts granite countertops, a breakfast bar, and newer stainless steel appliances, seamlessly integrating into a bright dining area with large patio doors that lead to a sizeable treated deck and a fully landscaped backyard—perfect for children's play and tree climbing. The backyard's large shade trees offer a private and serene retreat, rare for a town lot. The Primary Suite features a 3-piece ensuite and a bay window with views of the western yard. The lower level houses a spacious family room, a kitchenette, two additional large bedrooms, and an updated 3-piece bathroom. An attached heated double garage with workbenches adds functionality, while the home's stone front enhances its curb appeal. Clearly well-loved, this property is ready for a new family to cherish the friendly, secure neighborhood. With its comfort, location, and impressive yard, this home stands unparalleled.
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:
1,460.11 sq. ft.
Main Level Finished Area:
1,376.02 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,446.11 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,166 sq. ft.
Lot Frontage:
54'
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
Levels:
One
Total Rooms Above Grade:
7
Year built:
1981 (Age: 43)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
8010296
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Wood
New Constr.:
No
Construction Material:
Stone, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement, Main Level
Tower Hill
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Downstairs Electric Stove, Fridge, Washer, Dryer, Piano
Easement Registered On Title, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Bedroom
10'3" × 9'
Main Floor
Bedroom
15'10" × 8'5"
Main Floor
Dining Room
17'11" × 10'8"
Main Floor
Kitchen
13'7" × 10'9"
Main Floor
Living Room
14'10" × 14'6"
Main Floor
Bedroom - Primary
15'4" × 12'
Main Floor
Foyer
7'11" × 4'6"
Basement
Bedroom
15'8" × 11'6"
Basement
Bedroom
15'11" × 11'7"
Basement
Family Room
17'5" × 11'3"
Basement
Game Room
12'9" × 10'9"
Basement
Kitchenette
16'4" × 13'9"
Basement
Furnace/Utility Room
20'11" × 12'6"
Basement
Storage
7'2" × 3'5"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
3
7'11" x 4'6"
Main Floor
No
4
8'1" x 6'10"
Basement
No
3
4'11" x 9'2"
Title to Land:
Fee Simple
Community Features:
Park, Pool, Schools Nearby, Shopping Nearby, Street Lights
Interior Features:
Central Vacuum, Granite Counters, Kitchen Island
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
TN
Listed Date:
Nov 08, 2024
Days on Mkt:
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Listed by Coldwell Banker Mountain Central
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$649,950
Min list price:
$215,000
Max list price:
$3,995,000
Avg days on market:
34
Min days on market:
3
Max days on market:
253
Avg price per sq.ft.:
$383.65
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706