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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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13 Dalhousie Road W
Varsity Village Lethbridge T2K 3X2

$525,000
Residential beds: 7 baths: 3.0 1,782 sq. ft. built: 1974

Main Photo: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 1: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 2: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 3: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 4: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 5: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 6: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 7: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 8: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 9: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 10: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 11: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 12: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 13: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 14: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 15: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 16: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 17: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 18: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 19: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 20: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 21: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 22: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 23: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 24: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 25: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 26: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 27: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 28: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 29: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 30: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 31: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 32: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 33: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 34: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 35: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 36: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Photo 37: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2164922
Bedrooms:
7
Bathrooms:
3
Year Built:
1974
Welcome to 13 Dalhousie Rd W, a spacious family home in a charming neighbourhood. This spacious family home offers plenty of room and a fantastic opportunity for extra income with its fully furnished rental basement illegal suite with 4 bedrooms. The main living area features 3 bedrooms, two bathrooms, a dining room, and two living spaces, perfect for a growing family. Downstairs, the fully furnished rental suite comes with its own separate entrance, a full kitchen, a spacious living area, a full bathroom, and 4 bedrooms. This suite is ideal for renting to students, given the property's prime location just a 10-minute walk from the university. Outside, the backyard is a dream come true. Enjoy a beautifully landscaped yard with lots of space for kids and pets to play. There's a large deck, mature trees, garden space, and even a lower patio bar area with a fire pit, perfect for summer barbecues or relaxation. Located on a beautiful street, the home is just around the corner from parks, making it an ideal location for families. Whether you’re looking for a comfortable family residence or a property with great rental potential, this home has it all. Don’t miss out on this fantastic opportunity! With the Lethbridge real estate market experiencing strong demand, this home is a great investment opportunity. Please view the video walkthrough in the links tab or on YouTube, or you can search for the home address there. See for yourself what makes 13 Dalhousie Rd W such a special place to call home!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,782 sq. ft.
Main Level Finished Area:
1,782 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,632 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
9,039 sq. ft.
Lot Frontage:
78'3"
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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Floor Location:
Ground
Levels:
One
Total Rooms Above Grade:
7
Year built:
1974 (Age: 50)
Bedrooms:
7 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
4
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
7410379
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Flat Torch Membrane
Ensuite:
No
Flooring:
Carpet, Linoleum, Tile
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Brick Facing, Glass Doors, Living Room, Raised Hearth, Wood Burning
Garage:
0
Garage Spaces:
0
Parking:
Attached Carport, Off Street
Parking Covered:
1.0
Parking Places:
5.0
Parking Total/Covered:
5 / 1
Laundry Features:
In Basement, Main Level, Multiple Locations
Varsity Village
Central Air Conditioner, Dishwasher, Gas Cooktop, Refrigerator, Stove(s), Washer/Dryer, Washer/Dryer Stacked, Window Coverings
Fridge x2, Stove, Gas Cooktop, Wall Oven, Dishwasher x2, Central Air, Basement Suite common area and bedroom furnishings (each room has 1 bed, 1 desk & 1 dresser, 1 bookshelf) Washer x2, Dryer x2, Microwave x2, 2 Sheds, Curtain Rods, Central Vacuum/Attachments - Yard Accessories are negotiable.
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
13'5" × 11'7"
Main Floor
Bedroom
11'4" × 9'11"
Main Floor
Den
13'5" × 12'2"
Main Floor
Dining Room
20'2" × 11'7"
Main Floor
Kitchen
20'6" × 15'5"
Main Floor
Living Room
19'5" × 14'1"
Main Floor
Bedroom - Primary
15'5" × 13'5"
Basement
Bedroom
11' × 9'6"
Basement
Bedroom
14'5" × 10'8"
Basement
Bedroom
14'6" × 11'
Basement
Bedroom
11'3" × 11'2"
Basement
Entrance
11'4" × 11'
Basement
Family Room
18'2" × 13'11"
Basement
Kitchen With Eating Area
13'9" × 11'2"
Basement
Laundry
17'10" × 10'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
6'4" x 5'
Main Floor
No
4
8'8" x 5'
Basement
No
3
7'7" x 7'
Title to Land:
Fee Simple
Community Features:
Fishing, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bookcases, High Ceilings, Laminate Counters
Exterior Features:
Balcony, BBQ gas line, Private Entrance, Private Yard
Patio And Porch Features:
Balcony(s), Deck, Patio, Rear Porch
Lot Features:
Back Yard, Backs on to Park/Green Space
Num. of Parcels:
0
Fencing:
Fenced
Region:
Lethbridge
Zoning:
R-L
Listed Date:
Sep 16, 2024
Days on Mkt:
  • Photo 1: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
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  • Photo 3: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Entry
  • Photo 4: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Living Room
  • Photo 5: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Living Room
  • Photo 6: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Dining Room
  • Photo 7: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Kitchen
  • Photo 8: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Kitchen
  • Photo 9: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Kitchen
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  • Photo 11: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Den
  • Photo 12: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Fireplace
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  • Photo 14: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    4-pc Bathroom
  • Photo 15: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Primary Bedroom
  • Photo 16: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Primary Bedroom
  • Photo 17: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    3-pc Ensuite
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  • Photo 19: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Bedroom 2
  • Photo 20: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Bedroom 3
  • Photo 21: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Bedroom 3
  • Photo 22: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Main Floor
  • Photo 23: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Bedroom 4
  • Photo 24: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    3-pc Bathroom
  • Photo 25: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Kitchen
  • Photo 26: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Kitchen
  • Photo 27: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Family Room
  • Photo 28: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Bedroom 5
  • Photo 29: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Bedroom 6
  • Photo 30: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Bedroom 7
  • Photo 31: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
    Basement
  • Photo 32: 13 Dalhousie Road W: Lethbridge Detached for sale : MLS®# A2164922
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Listed by Royal Lepage South Country - Lethbridge
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
322
Avg list price:
$465,000
Min list price:
$109,000
Max list price:
$2,500,000
Avg days on market:
40
Min days on market:
1
Max days on market:
600
Avg price per sq.ft.:
$346.78
These statistics are generated based on the current listing's property type and located in Lethbridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706