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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201 Vantage Drive
Greystone (Cochrane) Cochrane T4C 2C1

$541,205
Residential beds: 3 baths: 3.0 1,486 sq. ft. built: 2024

Main Photo: 201 Vantage Drive: Cochrane Row/Townhouse for sale : MLS®# A2174741
Photo 1: 201 Vantage Drive: Cochrane Row/Townhouse for sale : MLS®# A2174741
Photo 2: 201 Vantage Drive: Cochrane Row/Townhouse for sale : MLS®# A2174741
Photo 3: 201 Vantage Drive: Cochrane Row/Townhouse for sale : MLS®# A2174741
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Photo 26: 201 Vantage Drive: Cochrane Row/Townhouse for sale : MLS®# A2174741
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2174741
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
Discover modern living at ZEN Greystone in Cochrane with this 3-bed, 2.5-bath ZEN Greystone townhome. The open layout integrates the kitchen, dining, and living areas seamlessly. The kitchen features stainless steel appliances and a spacious island with quartz countertops. Upstairs, find a master bedroom with an ensuite bathroom and walk-in closet, plus two additional bedrooms. Superior insulation surpassing building code by 40% makes ZEN homes much quieter, more durable and warmer than traditionally built homes. Optional basement development is available. Outside, enjoy the fenced backyard and detached double garage with a full driveway for ample parking. The home also includes a Fresh Air System (HRV) for improved indoor air quality and energy-efficient features like double-coated, triple-pane windows and extra insulation. Experience comfort and convenience in this ZEN townhome at Greystone in Cochane. Photo representative.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,485.58 sq. ft.
Main Level Finished Area:
720.83 sq. ft.
Upper Level Finished Area:
764.75 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
2,414 sq. ft.
Lot Frontage:
18'11½"
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:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2024 (Age: 0)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2311342
Heating:
Electric, Heat Pump
Basement:
Full, Unfinished
Foundation:
Poured Concrete
Builder:
AVALON MASTER BUILDER
New Constr.:
Yes
Construction Material:
Vinyl Siding, Wood Frame, Wood Siding
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
Other
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Greystone (Cochrane)
Dishwasher, Dryer, Microwave Hood Fan, Range, Refrigerator, Stove(s), Washer
N/A
Easement Registered On Title, Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Kitchen
14'7" × 12'7"
Main Floor
Dining Room
11'5" × 11'
Main Floor
Living Room
13'8" × 11'6"
Upper Level
Bedroom - Primary
12'4" × 9'11"
Upper Level
Bedroom
9'6" × 9'
Upper Level
Bedroom
9'6" × 9'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
4
0' x 0'
Upper Level
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Double Vanity, High Ceilings, Kitchen Island, Low Flow Plumbing Fixtures, Open Floorplan, Recessed Lighting, See Remarks, Stone Counters, Walk-In Closet(s)
Exterior Features:
Private Entrance
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
None
Region:
Rocky View County
Zoning:
R-MD
Listed Date:
Oct 23, 2024
Days on Mkt:
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Listed by Bode Platform Inc.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
188
Avg list price:
$659,900
Min list price:
$249,900
Max list price:
$1,375,000
Avg days on market:
34
Min days on market:
1
Max days on market:
399
Avg price per sq.ft.:
$370.65
These statistics are generated based on the current listing's property type and located in Cochrane. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706