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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NEXT Open House details
Sep 24, 2024 11:00 AM - 02:00 PM MDT

605 Macleod Trail SW
Old Rodeo Grounds High River T1V 1B5

$785,000
Residential beds: 3 baths: 2.0 2,150 sq. ft. built: 1927

Main Photo: 605 Macleod Trail SW: High River Detached for sale : MLS®# A2153741
Photo 1: 605 Macleod Trail SW: High River Detached for sale : MLS®# A2153741
Photo 2: 605 Macleod Trail SW: High River Detached for sale : MLS®# A2153741
Photo 3: 605 Macleod Trail SW: High River Detached for sale : MLS®# A2153741
Photo 4: 605 Macleod Trail SW: High River Detached for sale : MLS®# A2153741
Photo 5: 605 Macleod Trail SW: High River Detached for sale : MLS®# A2153741
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Photo 44: 605 Macleod Trail SW: High River Detached for sale : MLS®# A2153741
Open House - Sep 24, 2024
11:00 AM - 02:00 PM MDT
NOTES: Open House on Tuesday, September 24, 2024 11:00AM - 2:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2153741
Bedrooms:
3
Bathrooms:
2
Year Built:
1927
This 1927, 2 storey character home has been lovingly maintained and renovated true to its character. Located on almost ½ acre close to High River Hospital and close to Spitzee Elementary School. Walking distance to the Highwood River, Happy Trails, George Lane Park and downtown. Walking up the curved drive-thru driveway you will pass by the heated double detached garage – currently being used as a workshop – but would have plenty of space to park 2 vehicles. There is a lower patio area beside the front door where you can enjoy a coffee and the morning sun. Stepping into the home you can see the attention to detail that this home has been well loved by all of its owners thru the years. The current owners have done countless renovations and updates during their tenure. The spacious dining room has built in corner China cabinets and custom woodwork details. There is even a Tiffany style chandelier above the table. There are 2 more Tiffany style chandeliers in the foyer and top of the stairs. Directly behind you will step into a retro design kitchen with black-white diamond pattern ceramic floor and subway tile backsplash. Stunning Elmira range with 6 gas burners, large electric oven and exhaust fan, corner pull out shelving, pantry with pull outs. There is a photo rail above the cabinets for display. The large living room on the other side of the home which features lots of windows for natural light from both the east and west as well as a wood burning fireplace. Open the double French doors and take a seat in their theatre room that features custom bookshelves along the south wall (these could be removed as there are windows behind). There is a full bathroom on the main level as well for guests to use. Upstairs features 3 large bedrooms all with walk in closets and a full bathroom that has been renovated to match the style of the home. One room is being used as an office currently. Enjoy the balcony off your primary bedroom that overlooks the property. Unfinished basement is suitable for hobbies, storage or craft area. The newer hot water heating system is boiler driven. There are laundry hook-ups in the basement. Just a few steps away from the back door is access to the current laundry / sitting room. This area used to be a single attached garage and was converted to additional living space – however separate from the home. This would be a great office space / craft room or keep it as a quiet sitting room. The massive yard is fully landscaped with mature plants and trees to create a park-like setting. There are multiple areas to enjoy the yard – from the deck off the back door to the lower concrete patio. There is a wooden fence that allows privacy in the backyard. RV parking is available from the rear alley. There is a potential to subdivide this property to create an extra lot. All approvals required by the Town of High River. A draft survey is available to view. You need to see this home in person to appreciate the details throughout.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
2,150 sq. ft.
Main Level Finished Area:
1,256.67 sq. ft.
Upper Level Finished Area:
893.33 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
945.75 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
19,052 sq. ft.
Lot Frontage:
165'11"
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:
Northeast
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
1927 (Age: 97)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2658T
Heating:
Hot Water
Basement:
Full, Unfinished
Foundation:
Brick/Mortar, Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Additional Parking, Asphalt, Double Garage Detached, Drive Through, Driveway, Front Drive
Parking Places:
8.0
Parking Total/Covered:
8 / -
Laundry Features:
See Remarks
Old Rodeo Grounds
Dishwasher, Dryer, Garage Control(s), Gas Stove, Range Hood, Refrigerator, Washer, Window Coverings
3 A/C units, 2 on the upper level, 1 in the utility room, Fridge in the utility room, All built-ins, Wooden Screens in media room
None Known
Floor
Type
Size
Other
Main Floor
Living Room
23'11" × 14'9"
Main Floor
Dining Room
13'1" × 12'10"
Main Floor
Kitchen
11'5" × 10'1"
Main Floor
Entrance
8' × 3'8"
Main Floor
Den
14'4" × 8'3"
Main Floor
Laundry
17'6" × 9'3"
Upper Level
Bedroom - Primary
13'9" × 12'9"
Upper Level
Bedroom
17'1" × 11'8"
Upper Level
Bedroom
12'9" × 11'8"
Upper Level
Storage
4' × 2'7"
Basement
Laundry
9'11" × 6'4"
Basement
Storage
34'6" × 25'
Floor
Ensuite
Pieces
Other
Main Floor
No
3
5'5" x 8'8"
Upper Level
No
4
12'10" x 6'3"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
Built-in Features, Crown Molding, See Remarks
Exterior Features:
Garden, Private Yard, Storage
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Corner Lot, Landscaped, Many Trees
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Fenced
Region:
Foothills County
Zoning:
TND
Listed Date:
Aug 06, 2024
Days on Mkt:
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Virtual Tour

Listed by Century 21 Foothills Real Estate
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$539,900
Min list price:
$219,900
Max list price:
$1,500,000
Avg days on market:
18
Min days on market:
1
Max days on market:
228
Avg price per sq.ft.:
$350.12
These statistics are generated based on the current listing's property type and located in High River. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706