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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
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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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919 32 Avenue NW
Cambrian Heights Calgary T2K 0B1

$1,175,000
Multi-Family 2,038 sq. ft. built: 1958

Full legal 4 plex
Photo 1: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 2: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 3: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 4: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 5: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 6: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 7: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 8: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 9: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 10: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 11: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 12: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 13: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 14: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 15: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 16: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 17: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 18: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 19: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 20: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 21: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 22: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 23: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 24: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 25: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 26: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 27: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 28: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 29: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 30: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 31: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 32: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 33: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 34: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 35: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 36: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 37: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 38: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 39: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 40: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 41: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 42: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 43: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 44: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 45: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 46: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 47: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 48: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 49: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Photo 50: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2129137
Year Built:
1958
Attention Investors! Immaculate, updated legal 4-plex ideally located in Cambrian Heights, 1 block to Confederation Park. Current income $60,000/year. Current insurance is $2,756/year. Newer white kitchens and bathrooms in all units! Fully rented, main floor features 2 bedroom suites with hardwood floors. The lower levels are both very large 1 bedrooms. Easy access everywhere! Main floor sq footage is 2037 sq ft.. Meticulously maintained, the property boasts newer white kitchens and bathrooms with ceramic tiling in all units. Updates include 4 furnaces 2007 and shingles replaced in 2011, ensuring the building's efficiency and structural integrity. Hot water tanks were replaced between 5-8 years ago. Each unit features hardwood floors on the main level, providing a warm and inviting living space. Off-street parking for 4 vehicles is available at the back of the property. The sale includes 4 refrigerators, 4 electric stoves, 2 dishwashers, 2 washers, 2 dryers, and 2 storage sheds. The window coverings owned by the sellers are also included. The total size of the property is 3,901.85 square feet, with the main level measuring 2,037.72 square feet and the basement 1,864.13 square feet. The 50ft frontage lot offers ample space for outdoor enjoyment. Title and Real Property Reports are available in the supplements on the listing. Currently, the property generates a monthly income of $5,000,, which is considered low for the area, presenting an opportunity for potential growth. Rents on some other units in comparable properties are higher. Don't miss the chance to own this well-maintained and income-generating property in a desirable location.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
Bungalow
Total Living Area:
2,037.72 sq. ft.
Main Level Finished Area:
2,037.72 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,864 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,188 sq. ft.
Lot Frontage:
50'
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:
Reg. Size:
Reg. Size Includes:
Stories Total:
1
Levels:
One
Year built:
1958 (Age: 66)
Bathrooms:
- (Full:-, Half:-)
Plan:
6060AJ
Heating:
Floor Furnace, Natural Gas, See Remarks
Basement:
Separate/Exterior Entry, Finished, See Remarks, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Fireplaces:
0
Garage:
0
Parking:
Off Street, See Remarks, Side By Side
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement, Multiple Locations, See Remarks
Cambrian Heights
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
A total of 4 Refrigerators, 4 Electric Stoves, 2 Dishwashers, 2 Washers, 2 Dryers, All Window Coverings, 2 storage sheds
None Known
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
See Remarks, Separate Entrance
Exterior Features:
Private Entrance, Storage
Lot Features:
Back Lane, Few Trees, Front Yard, Lawn, Low Maintenance Landscape, Landscaped, Street Lighting, Near Public Transit
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d84
Listed Date:
May 05, 2024
Days on Mkt:
  • Photo 1: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Full legal 4 plex
  • Photo 2: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    1 block to Confederation Park
  • Photo 3: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Exterior front
  • Photo 4: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Front entrance with patio for Unit B
  • Photo 5: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Living Room in Unit A
  • Photo 6: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Living Room in Unit A
  • Photo 7: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Dining room in Unit A
  • Photo 8: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Updated kitichen in Unit A
  • Photo 9: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit A Kitchen
  • Photo 10: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit A
  • Photo 11: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Main Bedroom in Unit A
  • Photo 12: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Bathroom in Unit A, ceramic tiling.
  • Photo 13: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Updated Bathroom in Unit A
  • Photo 14: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    2nd Bedroom in Unit A
  • Photo 15: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Exterior Front
  • Photo 16: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit B side
  • Photo 17: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Living room in Unit B
  • Photo 18: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit B Hardwood floors
  • Photo 19: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit B
  • Photo 20: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Photo 20 of 50
  • Photo 21: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Photo 21 of 50
  • Photo 22: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Photo 22 of 50
  • Photo 23: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Photo 23 of 50
  • Photo 24: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Photo 24 of 50
  • Photo 25: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit B White kitchen
  • Photo 26: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Updated Kitchen in Unit B
  • Photo 27: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Bathroom in Unit B
  • Photo 28: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit B
  • Photo 29: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Bedroom in Unit B
  • Photo 30: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Bedroom in Unit B
  • Photo 31: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    2nd Bedroom in Unit B
  • Photo 32: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Entrance in Unit B
  • Photo 33: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Living Room in Unit C
  • Photo 34: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Living Room Unit C
  • Photo 35: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Updated kitchen in Unit C
  • Photo 36: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Kitchen in Unit C
  • Photo 37: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Very spacious bedroom in Unit C
  • Photo 38: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Unit C
  • Photo 39: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Updated bathroom in Unit C
  • Photo 40: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Showe in Unit C
  • Photo 41: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Shared washer/dryer for Units A&C
  • Photo 42: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Shared laundry room and furnaces for Units A & C
  • Photo 43: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Living Room Unit D
  • Photo 44: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Updated Kitchen in Unit D
  • Photo 45: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Very Large bedroom in Unit D
  • Photo 46: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Bathroom in Unit D
  • Photo 47: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Back patio for Unit C
  • Photo 48: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    4 gas meters
  • Photo 49: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Front patio on Unit A
  • Photo 50: 919 32 Avenue NW in Calgary: Cambrian Heights 4 plex for sale : MLS®# A2129137
    Floor Plan for Unit A

Virtual Tour

Listed by RE/MAX Real Estate (Central)
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,298,500
Min list price:
$750,000
Max list price:
$4,199,999
Avg days on market:
51
Min days on market:
4
Max days on market:
240
Avg price per sq.ft.:
$594.83
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