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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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122 Taravista Court NE
Taradale Calgary T3J 4K1

$629,900
Residential beds: 3 baths: 4.0 1,400 sq. ft. built: 2000

Quiet Cul-d-sac location
Photo 1: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 2: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 3: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 4: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 5: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 6: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 7: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 8: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 9: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 10: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 11: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 12: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 13: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 14: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 15: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 16: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 17: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 18: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 19: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 20: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 21: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 22: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 23: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 24: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 25: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 26: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 27: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 28: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 29: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 30: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 31: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 32: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 33: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 34: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 35: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 36: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Photo 37: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2169312
Bedrooms:
3
Bathrooms:
4
Year Built:
2000
GREAT RENTAL INCOME … EXCEPTIONAL VALUE … MOTIVATED SELLERS Unlock the incredible INCOME potential of this property! With an oversized TRIPLE CAR GARAGE featuring 9-foot doors, heated space, and 220 wiring, you could easily generate over $1,000 in rental income each month. Additionally, capitalize on the ample parking next to the garage for RVs, trailers, and more. The alley is paved and fully paid for, enhancing accessibility and value. The exterior of the home is getting a fresh update, with BRAND NEW SHINGLES on both the garage and house, along with new soffits, fascia, and downspouts. This means less maintenance and more appeal for prospective owners. Step inside to discover a bright and inviting living space, flooded with natural light from abundant windows. The generous kitchen and dining area are perfect for gatherings, boasting custom cabinets, pull-out trays, and built-in features that provide ample storage. CONVENIENCE IS KEY with main floor laundry, EASILY SHARED WITH THE LOWER LEVEL The upper floor features a luxurious primary bedroom with a stunning 4-piece ensuite, complemented by two additional spacious bedrooms connected by a Jack and Jill bathroom—ideal for families or roommates. The VERSATILE LOWER LEVEL is perfect for MULTI FAMILY LIVING. Open area, could easily accommodate an additional kitchen and living room, 3-piece bathroom, and a den with an EGRESS WINDOW. More potential INCOME. Enjoy the private and spacious yard, complete with a large patio, garden area, and two gazebos, creating a tranquil outdoor space that enhances the living experience.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
1,400.3 sq. ft.
Main Level Finished Area:
700.15 sq. ft.
Upper Level Finished Area:
700.15 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
578.43 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,436 sq. ft.
Lot Frontage:
6'2¾"
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:
Northwest
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
6
Year built:
2000 (Age: 24)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0010386
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
3
Parking:
220 Volt Wiring, Heated Garage, Off Street, Oversized, RV Access/Parking, Triple Garage Detached
Parking Places:
8.0
Parking Total/Covered:
8 / -
Laundry Features:
Main Level
Taradale
Dishwasher, Dryer, Electric Oven, Electric Stove, Garage Control(s), Microwave, Microwave Hood Fan, Washer, Window Coverings
garage shelving and cabinet in garage
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
13'4" × 8'4"
Main Floor
Living Room
13'11" × 12'11"
Main Floor
Dining Room
13'2" × 10'11"
Main Floor
Laundry
7'6" × 5'4"
2nd Floor
Bedroom - Primary
14'2" × 12'11"
2nd Floor
Bedroom
9'7" × 9'5"
2nd Floor
Bedroom
10'11" × 9'5"
Lower Level
Living Room
18'4" × 12'11"
Lower Level
Den
13'7" × 11'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
2nd Floor
Yes
4
0' x 0'
2nd Floor
No
4
0' x 0'
Lower Level
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Ceiling Fan(s), Kitchen Island, Laminate Counters, See Remarks
Exterior Features:
None
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Low Maintenance Landscape, Landscaped, Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-G
Listed Date:
Oct 01, 2024
Days on Mkt:
  • Photo 1: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Quiet Cul-d-sac location
  • Photo 2: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Lots of street parking
  • Photo 3: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Look at the parking in the backyard
  • Photo 4: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Hard to find this amount of parking / storage anywhere else
  • Photo 5: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Beautiful yard
  • Photo 6: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Lots of windows in the front living room
  • Photo 7: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Nice sized front entry
  • Photo 8: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Beautiful Kitchen
  • Photo 9: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Stainless steel appliances
  • Photo 10: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Double Oven
  • Photo 11: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Extremely Spacious Dining Area
  • Photo 12: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    EASILY SHARED - Main floor laundry
  • Photo 13: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    2 piece bath on main
  • Photo 14: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Primary Bedroom
  • Photo 15: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Primary Bedroom
  • Photo 16: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    4 Piece Ensuite
  • Photo 17: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    2nd bedroom
  • Photo 18: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    4 piece bath on 2nd level
  • Photo 19: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    3rd bedroom
  • Photo 20: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    AWAITING SEPERATE ENTRANCE
  • Photo 21: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    EASILY CONSTRUCTED SEPERATE ENTRANCE
  • Photo 22: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    kitchen space - lower level
  • Photo 23: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    awaiting kitchen area
  • Photo 24: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    living room - lower level
  • Photo 25: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    open concept - lower levell
  • Photo 26: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    possible 4th bedroom - no closet - only armour
  • Photo 27: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    armour in room
  • Photo 28: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    lots of space
  • Photo 29: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    e piece bath lower level
  • Photo 30: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Photo 30 of 37
  • Photo 31: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Inside triple garage
  • Photo 32: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Massive Deck
  • Photo 33: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Sit and Enjoy
  • Photo 34: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    lower level deck
  • Photo 35: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    wonderful gazebo
  • Photo 36: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Triple Car Garage with lots of additional parkin g
  • Photo 37: 122 Taravista Court NE in Calgary: Taradale Detached for sale : MLS®# A2169312
    Beautiful curb appeal
Listed by CIR Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$599,897
Min list price:
$272,999
Max list price:
$859,900
Avg days on market:
39
Min days on market:
2
Max days on market:
184
Avg price per sq.ft.:
$400.42
These statistics are generated based on the current listing's property type and located in Taradale. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706