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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340 46 Avenue SW
Elboya Calgary T2S 1B6

$1,150,000
Residential beds: 4 baths: 3.0 1,371 sq. ft. built: 1954

Main Photo: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 1: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 2: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 3: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 4: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 5: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 6: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 7: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 8: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 9: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 10: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 11: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 12: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 13: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 14: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 15: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 16: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Photo 17: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2168759
Bedrooms:
4
Bathrooms:
3
Year Built:
1954
Incredible opportunity to build your dream home on one of Elboya's finest lots! Nestled amidst mature trees and great neighbours, this level 54' X 133' lot offers a rare chance to create the home you've always envisioned. Whether you're looking to hold it as an investment or begin construction, this sun-filled lot is fully livable while you wait for building permits. Conveniently located near parks, schools, river pathways, amenities, and downtown, it combines tranquillity with urban accessibility. Don't Miss It!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,370.69 sq. ft.
Main Level Finished Area:
1,370.69 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,317.94 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,750 sq. ft.
Lot Frontage:
54'10"
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:
South
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
7
Year built:
1954 (Age: 70)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
357GU
Heating:
Forced Air, Natural Gas
Basement:
Full, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Lower Level
Elboya
Dishwasher, Dryer, Portable Dishwasher, Refrigerator, Stove(s), Washer, Window Coverings
Additional Refrigerator, Stove, Two Storage Sheds
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Kitchen
12' × 9'6"
Main Floor
Living Room
22'6" × 12'
Main Floor
Covered Porch
19' × 14'
Main Floor
Bedroom - Primary
13' × 11'
Main Floor
Bedroom
12'6" × 9'
Main Floor
Dining Room
11' × 10'
Main Floor
Other
11' × 8'
Main Floor
Bedroom
12'6" × 10'
Basement
Furnace/Utility Room
10' × 7'4"
Basement
Game Room
14'6" × 12'6"
Basement
Storage
9'4" × 8'6"
Basement
Kitchen
14'6" × 12'6"
Basement
Laundry
15' × 7'
Basement
Bedroom
12'8" × 11'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'4" x 8'
Basement
No
3
4' x 9'
Basement
No
4
5' x 7'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers, Separate Entrance, Storage
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Patio, Porch
Lot Features:
Back Lane, Back Yard, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Sep 27, 2024
Days on Mkt:
  • Photo 1: 340 46 Avenue SW in Calgary: Elboya Detached for sale : MLS®# A2168759
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Listed by Sotheby's International Realty Canada
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
4,881
Avg list price:
$589,000
Min list price:
$159,900
Max list price:
$10,000,000
Avg days on market:
35
Min days on market:
1
Max days on market:
474
Avg price per sq.ft.:
$435.52
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706