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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2 Garrison Place
Garden Heights (Red Deer) Red Deer T4P 0P7

$539,900
Residential beds: 3 baths: 3.0 1,835 sq. ft. built: 2014

Main Photo: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 1: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 2: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 3: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 4: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 5: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 6: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
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Photo 8: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 9: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 10: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
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Photo 12: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 13: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 14: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 15: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 16: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 17: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 18: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 19: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Photo 20: 2 Garrison Place: Red Deer Detached for sale : MLS®# A2135942
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2135942
Bedrooms:
3
Bathrooms:
3
Year Built:
2014
Visit REALTOR® website for additional information. Nestled in desirable Garden Heights in Red Deer, this stunning 2 story home has a double attached garage & a charming wrap-around porch that is inviting to enjoy the beautiful surroundings. Step inside to an open floor plan accentuated by high ceilings, & boasts a unique 3-sided gas fireplace, seamlessly connecting the living and dining areas. The modern kitchen has stainless appliances, a pantry, & a convenient breakfast bar, plus a kick plate for central vac. The main floor includes an office, 2 pc bath & laundry. Head to the 2nd level to find a master suite with a walk-in closet & luxurious 4 pc bath plus 2 more beds, a 4 pc bath. There is an unfinished basement with endless possibilities. Don’t miss out on this exquisite home located next to beautiful walking trails.
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:
1,834.9 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,609 sq. ft.
Lot Frontage:
40'
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:
Levels:
Two
End Unit:
No Common Walls
Total Rooms Above Grade:
8
Year built:
2014 (Age: 10)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1125834
Heating:
In Floor Roughed-In, Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stone, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Front Drive, RV Access/Parking
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Main Level
Garden Heights (Red Deer)
Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator, Wall/Window Air Conditioner
NA
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
12'8" × 12'2"
Main Floor
Other
22'5" × 21'
Main Floor
Kitchen
10'11" × 10'11"
Main Floor
Laundry
8'2" × 7'7"
Main Floor
Living Room
17'4" × 14'11"
Main Floor
Office
10'6" × 9'11"
2nd Floor
Bedroom
11'6" × 9'3"
2nd Floor
Bedroom
12'5" × 10'6"
2nd Floor
Bedroom - Primary
16'8" × 11'1"
Basement
Other
35'10" × 24'10"
Basement
Furnace/Utility Room
13'5" × 7'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
6'4" x 4'11"
2nd Floor
No
4
4'10" x 9'10"
2nd Floor
Yes
4
11'1" x 8'10"
Title to Land:
Fee Simple
Community Features:
Golf, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Ceiling Fan(s), Chandelier, Closet Organizers, Double Vanity, High Ceilings, Laminate Counters, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
Exterior Features:
Private Yard, Rain Gutters
Patio And Porch Features:
Front Porch, Wrap Around
Lot Features:
City Lot, Corner Lot, Lawn, Landscaped, Level, Street Lighting, Private, Rectangular Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Red Deer
Zoning:
RL
Listed Date:
May 28, 2024
Days on Mkt:
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Listed by PG Direct Realty Ltd.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
211
Avg list price:
$465,900
Min list price:
$79,900
Max list price:
$2,200,000
Avg days on market:
37
Min days on market:
1
Max days on market:
296
Avg price per sq.ft.:
$324.18
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706