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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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26 Stone Garden Crescent
NONE Carstairs T0M 0N0

$566,000
Residential beds: 2 baths: 2.0 1,352 sq. ft. built: 2020

Main Photo: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 1: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 2: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 3: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 4: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 5: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 6: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 7: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 8: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 9: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 10: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 11: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 12: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 13: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 14: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 15: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 16: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 17: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 18: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 19: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 20: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 21: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 22: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 23: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 24: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 25: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 26: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 27: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
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Photo 30: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 31: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 32: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 33: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 34: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 35: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 36: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 37: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Photo 38: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2140283
Bedrooms:
2
Bathrooms:
2
Year Built:
2020
Welcome to this 50+ BUNGALOW DUPLEX VILLA in the Stone Garden golf community of Carstairs. It sits on a big lot and has many upgrades with an efficient layout. These sought after units are not condos, so have NO CONDO FEES or HOA fees. Enter the home to a spacious great room with 9 ft ceilings, upgraded cabinets, engineered hardwood floors, an island, quartz counters, tile, a pantry and much more. The dining area has a door that goes to the very LARGE COVERED WEST FACING DECK that is private, which will provide many pleasant outdoor times. The deck is low maintenance. This BIG YARD is fenced and landscaped. The primary bedroom has ample room for king furniture and the ensuite is wonderful with 2 sinks, a separate large shower as well as an enormous walk in closet. At the front of the house is a second bedroom that could be an office. It has a lovely window. The laundry room is on the main floor with a full bathroom with tub close by. The oversized double attached garage is insulated, drywalled and painted. The basement footprint is big and waiting for your development choices. There is a bedroom/exercise/office room downstairs that only needs flooring to be complete. There is in floor heat roughed in. This home is air conditioned. You will love this well thought out plan as well as the close knit and welcoming community that has developed.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow, Side by Side
Total Living Area:
1,352 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,419 sq. ft.
Lot Frontage:
38'1"
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:
Northeast
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
2020 (Age: 4)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1612178
Heating:
In Floor Roughed-In, Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Concrete, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Front Drive, Garage Door Opener, Insulated, Oversized
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Main Level
NONE
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer
None
Restrictive Covenant-Building Design/Size, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Kitchen
15'10" × 13'8"
Main Floor
Living Room
17'2" × 11'6"
Main Floor
Dining Room
15'1" × 8'1"
Main Floor
Bedroom - Primary
16'9" × 12'2"
Main Floor
Walk-In Closet
8' × 7'11"
Main Floor
Bedroom
11'10" × 10'11"
Main Floor
Laundry
7'1" × 6'
Main Floor
Foyer
15'6" × 8'2"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
8'5" x 8'4"
Main Floor
No
4
5' x 7'11"
Title to Land:
Fee Simple
Community Features:
Golf, Shopping Nearby, Street Lights
Interior Features:
Double Vanity, High Ceilings, Kitchen Island, Pantry, Quartz Counters, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Yard, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Mountain View County
Zoning:
R2
Listed Date:
Jun 14, 2024
Days on Mkt:
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  • Photo 16: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
    Primary bedroom is spacious
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  • Photo 20: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
    Office /bedroom at front of the ouse.
  • Photo 21: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
    Office space or second bedroom
  • Photo 22: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
    Full bathroom on the main floor.
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  • Photo 24: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
    There is an office/workout space in the basement that is finished except for flooring.
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  • Photo 37: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
    Big double garage insulated and dry walled.
  • Photo 38: 26 Stone Garden Crescent: Carstairs Semi Detached (Half Duplex) for sale : MLS®# A2140283
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Virtual Tour

Listed by Quest Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$641,999
Min list price:
$399,000
Max list price:
$999,000
Avg days on market:
49
Min days on market:
1
Max days on market:
154
Avg price per sq.ft.:
$323.23
These statistics are generated based on the current listing's property type and located in Carstairs. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706