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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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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55 Henderson Crescent
Hawkridge Estates Penhold T0M 1R0

$500,000
Residential beds: 4 baths: 3.0 1,437 sq. ft. built: 2018

Main Photo: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 1: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 2: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 3: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 4: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 5: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 6: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 7: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 8: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 9: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 10: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
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Photo 12: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 13: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 14: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 15: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
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Photo 36: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
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Photo 38: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 39: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Photo 40: 55 Henderson Crescent: Penhold Detached for sale : MLS®# A2158783
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2158783
Bedrooms:
4
Bathrooms:
3
Year Built:
2018
Welcome to this stunning bi-level home located in the charming community of Penhold! This spacious 1,436 square foot open floor plan residence boasts a modern design with beautiful wood cabinets and plenty of storage options, including a large open island, tiled backsplash, and a generous pantry. The kitchen is a chef's dream, featuring upgraded stainless steel appliances, quartz countertops, and ample windows that fill the space with natural light. The open living room is perfect for entertaining, and easy-care vinyl plank flooring. The main level offers three generously sized bedrooms, each with ample closet space, including the primary bedroom which features a walk-in closet and a 4-piece ensuite. An additional 4-piece bathroom on the main level ensures comfort and convenience for family and guests. Enjoy modern amenities such as central vacuum, heated floors, and a reverse osmosis system. The basement extends the living space with a massive open recreation room with an electric fireplace, additional storage, a laundry area, and a spa-like 4-piece bathroom and one bedroom – ideal for guests or as a private retreat. The attached two-car garage with heated floors provides comfort and ease during the colder months. Outside, the fully fenced and landscaped yard offers a serene escape, complete with a back deck perfect for summer barbecues and outdoor relaxation. This home combines comfort, style, and practicality – a perfect place to call home! PRE-INSPECTED AND MOVE IN READY!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bi-Level
Total Living Area:
1,436.92 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
1,424 sq. ft.
Lot Frontage:
46'
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:
East
Reg. Size:
Reg. Size Includes:
Levels:
Bi-Level
Total Rooms Above Grade:
6
Year built:
2018 (Age: 6)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1422771
Heating:
Baseboard, High Efficiency, In Floor Roughed-In, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Hawkridge Estates
Dishwasher, Dryer, Garage Control(s), Microwave, Refrigerator, Stove(s), Washer
Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Garage Control, Reverse Osmosis, Window Coverings, Pool Table
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
12'5" × 12'5"
Main Floor
Bedroom
16'2" × 10'8"
Main Floor
Kitchen
14'10" × 14'3"
Main Floor
Living Room
22'10" × 14'3"
Main Floor
Bedroom - Primary
16'4" × 11'6"
Main Floor
Foyer
7'7" × 7'6"
Basement
Bedroom
14'8" × 11'
Basement
Game Room
36'5" × 29'10"
Basement
Storage
5'11" × 3'3"
Basement
Furnace/Utility Room
10'6" × 7'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Main Floor
Yes
5
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby
Interior Features:
Closet Organizers, Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Landscaped, Standard Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Red Deer County
Zoning:
R1A
Listed Date:
Sep 04, 2024
Days on Mkt:
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Virtual Tour

Listed by Royal Lepage Network Realty Corp.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$350,000
Min list price:
$334,900
Max list price:
$685,000
Avg days on market:
20
Min days on market:
8
Max days on market:
113
Avg price per sq.ft.:
$246.83
These statistics are generated based on the current listing's property type and located in Penhold. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706