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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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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716 Sierra Crescent SW
Southwood Calgary T2W 0P1

$575,900
Residential beds: 3 baths: 2.0 1,087 sq. ft. built: 1966

Front Exterior
Photo 1: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 2: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 3: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 4: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 5: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 6: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 7: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 8: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 9: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 10: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 11: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 12: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 13: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 14: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 15: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 16: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 17: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 18: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 19: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 20: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 21: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 22: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 23: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 24: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 25: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 26: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 27: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
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Photo 29: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 30: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 31: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
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Photo 36: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
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Photo 38: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
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Photo 40: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 41: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 42: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 43: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 44: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 45: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Photo 46: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2169720
Bedrooms:
3
Bathrooms:
2
Year Built:
1966
55 x 110 ft lot. Nestled on a quiet CUL DE SAC. Facing a GREEN SPACE. This home is optimally located within walking distance to both SOUTHLAND & ANDERSON C-TRAIN stations, shopping, amenities & schools. This home rests on a massive lot and boasts an unobstructed view of the GREEN SPACE across the street. Poured concrete side drive could accommodate an RV or travel trailer. Enjoy the SUNSHINE & VIEW of the GREEN SPACE from the large front window in the living room. The kitchen offers full height cabinets, pantry and eating nook. Master with sliding glass patio doors to rear deck. 2 additional bedrooms. 4 pc bath with jetted tub complete your tour of the main floor. SEPARATE SIDE ENTRANCE. Ideal for suiting the basement. The property is now zoned R-CG. The lower level is home to the washer & dryer & is partially finished with an hobby room & 3 pc bath . The balance of the space is open to your imagination. The oversized double detached garage is insulated & drywalled. This home is a great candidate for someone to build sweat equity in a mature community at an entry level price. Excellent opportunity for a renovation project or potentially a developer. Schedule your viewing today to call this home 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:
Bungalow
Total Living Area:
1,087 sq. ft.
Main Level Finished Area:
1,087 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,060 sq. ft.
Lot Frontage:
55'1"
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:
5
Year built:
1966 (Age: 58)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
3382JK
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, RV Access/Parking
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Southwood
Dishwasher, Range Hood, Refrigerator, Stove(s), Washer/Dryer
TV wall mounts
None Known
Floor
Type
Size
Other
Main Floor
Living Room
19'5" × 13'11"
Main Floor
Kitchen With Eating Area
17'8" × 12'5"
Main Floor
Bedroom - Primary
12'5" × 12'3"
Main Floor
Bedroom
11'6" × 9'11"
Main Floor
Bedroom
12'7" × 9'11"
Lower Level
Hobby Room
9'2" × 8'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'8"
Lower Level
No
3
7'7" x 7'10"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Built-in Features, Closet Organizers, Jetted Tub, Pantry, Separate Entrance, Storage
Exterior Features:
Other
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Cul-De-Sac, Rectangular Lot, See Remarks
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Oct 01, 2024
Days on Mkt:
  • Photo 1: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Front Exterior
  • Photo 2: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Green Space in front of the house
  • Photo 3: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Living Room
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  • Photo 7: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Kitchen
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  • Photo 9: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Side Entrance
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    Patio Doors off Primary Bedroom
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    4 pc Bathroom
  • Photo 19: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Unfinished Rec Room
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  • Photo 21: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Lower Level Office or Hobby Room
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    Lower Level 3 pc Bathroom
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  • Photo 29: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Double Garage
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    Daycare down the street
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    Tot lot and soccer fields within walking distance to the house
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    Southland LRT
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    Anderson LRT
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    Southwood Community Centre
  • Photo 43: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Baseball Diamond and Ice Rink
  • Photo 44: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Skate Park
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  • Photo 46: 716 Sierra Crescent SW in Calgary: Southwood Detached for sale : MLS®# A2169720
    Amenities nearby

Virtual Tour

Virtual Tour

Listed by CIR Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$499,900
Min list price:
$235,000
Max list price:
$860,000
Avg days on market:
19
Min days on market:
1
Max days on market:
173
Avg price per sq.ft.:
$561.32
These statistics are generated based on the current listing's property type and located in Southwood. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706