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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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3603 Kildare Crescent SW
Killarney/Glengarry Calgary T3E 4S4

$1,195,000
Residential beds: 3 baths: 1.0 1,712 sq. ft. built: 1953

Main Photo: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 1: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 2: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 3: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 4: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 5: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 6: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 7: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 8: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 9: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 10: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 11: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 12: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 13: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 14: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 15: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 16: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 17: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 18: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 19: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 20: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 21: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 22: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 23: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 24: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 25: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 26: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 27: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 28: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 29: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 30: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 31: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 32: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 33: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 34: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 35: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 36: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 37: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Photo 38: 3603 Kildare Crescent SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2127654
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2127654
Bedrooms:
3
Bathrooms:
1
Year Built:
1953
Welcome to Kildare Crescent, one of the most coveted neighbourhoods in Killarney! This exceptional property sits on an expansive 8,700 sq. ft. lot, ideally located across from a picturesque open green space and park. With over 1,700 sq. ft. of finished living space above grade and an unfinished basement, this home offers significant potential for renovations and remodeling projects. The main floor features a spacious front living room and foyer, beautifully adorned with solid oak hardwood floors that extend into three generous bedrooms and the dining area. Just off the primary bedroom includes a well-appointed full bathroom, complete with ceramic tile floors and granite countertops, providing ample counter space for your needs. The kitchen is designed for both functionality and style, boasting an abundance of cabinet space and finished with elegant white shaker cabinets, ceramic tile floors, granite countertops, and a stylish tile backsplash. All stainless steel appliances ensure this kitchen meets the demands of modern living. Adjacent to the kitchen, the dining area flows seamlessly into a charming lower sunroom, characterized by vaulted ceilings and a cozy wood-burning fireplace surrounded by stone—an ideal spot for relaxation and family gatherings. The unfinished basement offers a vast open space with immense potential for customization. This area can easily be transformed into a large recreation room, guest room, or additional bathroom. Currently, it features a designated washer and dryer area, complete with a utility sink. For builders and developers, an exciting land assembly option is available. This includes the opportunity to combine this property with the adjacent properties at 3603 and 3120 Kildare Crescent, totaling over 19,000 sq. ft. in combined land space. The subdivision has been approved for these two lots to be divided into five building lots, with each site capable of accommodating approximately a 2,100 sq. ft. above-grade home, complete with double or triple garage options. At a cost under $500,000 per lot, this presents a remarkable investment opportunity. Conveniently located just minutes from downtown, with easy access to various amenities, schools, and public transportation, this area is perfect for a future development project. We've attached the subdivision approval package for your review. Don’t miss the chance to explore the potential of this fantastic property on Kildare Crescent!
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:
1,712 sq. ft.
Main Level Finished Area:
1,712 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,170 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
8,708 sq. ft.
Lot Frontage:
31'4"
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:
One
Total Rooms Above Grade:
6
Year built:
1953 (Age: 71)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
732GN
Heating:
Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Brick Facing, Family Room, Mantle, Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Garage Faces Rear, Secured, Side By Side
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Sink
Killarney/Glengarry
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
none
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
10'4" × 10'
Main Floor
Bedroom
11'6" × 9'8"
Main Floor
Dining Room
15'6" × 13'10"
Main Floor
Kitchen
13'10" × 11'5"
Main Floor
Living Room
19'9" × 15'8"
Main Floor
Mud Room
13'7" × 11'8"
Main Floor
Bedroom - Primary
12'4" × 11'5"
Lower Level
Family Room
15'6" × 11'9"
Basement
Game Room
34'5" × 30'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'8" x 6'11"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Granite Counters, Recessed Lighting, Separate Entrance, Skylight(s), Vaulted Ceiling(s), Vinyl Windows
Exterior Features:
Lighting, Private Entrance, Private Yard, Rain Gutters
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Few Trees, Front Yard, Street Lighting, Pie Shaped Lot, Sloped Down
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
Aug 12, 2024
Days on Mkt:
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Listed by CIR Realty
Data was last updated November 10, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$874,900
Min list price:
$225,000
Max list price:
$1,759,000
Avg days on market:
34
Min days on market:
2
Max days on market:
143
Avg price per sq.ft.:
$468.21
These statistics are generated based on the current listing's property type and located in Killarney/Glengarry. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706