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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1391 Ravenscroft Way SE
Ravenswood Airdrie T4A 0L7

$709,900
Residential beds: 4 baths: 3.0 1,643 sq. ft. built: 2013

Main Photo: 1391 Ravenscroft Way SE: Airdrie Detached for sale : MLS®# A2175854
Photo 1: 1391 Ravenscroft Way SE: Airdrie Detached for sale : MLS®# A2175854
Photo 2: 1391 Ravenscroft Way SE: Airdrie Detached for sale : MLS®# A2175854
Photo 3: 1391 Ravenscroft Way SE: Airdrie Detached for sale : MLS®# A2175854
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Photo 34: 1391 Ravenscroft Way SE: Airdrie Detached for sale : MLS®# A2175854
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2175854
Bedrooms:
4
Bathrooms:
3
Year Built:
2013
You must come see this beautiful, fully developed home with so many amazing features, in the sought after neighbourhood of Ravenswood. The INCREDIBLE KITCHEN is sure to impress with the lovely quartz counters, high end SS appliances and abundance of upgraded cabinets with crown molding all the way to the ceiling. Above the MASSIVE ISLAND you cannot help but notice the very elegant coffered ceiling with recessed lighting. Just off the kitchen is a generous living room with high vaulted ceilings and an awesome stone wall with a FIREPLACE. Finishing off the main floor is the stylish dining area, 2 spacious secondary bedrooms and a full bathroom. Head upstairs to your tremendous primary suite with great windows, vaulted ceilings, huge walk in closet and wonderful 5 piece ensuite including a large soaker tub. The theme of HIGH CEILINGS is carried on into the basement where the 4th bedroom, a full bathroom and a wonderful family room complete with fireplace and dry bar area are located. The DOUBLE ATTACHED garage is heated with top of the line radiant heat that will not disappoint on those cold winter nights. In the fully fenced back yard you will find a great 2 tiered deck and area for the kids to play. Book your showing today!!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Modified Bi-Level
Total Living Area:
1,643 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,373 sq. ft.
Lot Frontage:
38'
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:
One and One Half
Total Rooms Above Grade:
6
Year built:
2013 (Age: 11)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
1013752
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stone, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
2
Fireplace Details:
Basement, Gas, Living Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Driveway, Heated Garage
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Ravenswood
Bar Fridge, Dishwasher, Dryer, Electric Range, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer
Keg system in dry bar area
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Kitchen
15'1" × 13'3"
Main Floor
Bedroom
13'2" × 10'
Main Floor
Bedroom
13'2" × 10'3"
Main Floor
Living Room
15'10" × 13'9"
Main Floor
Dining Room
15'4" × 14'11"
2nd Floor
Bedroom - Primary
16'9" × 15'11"
2nd Floor
Walk-In Closet
9'1" × 5'
Basement
Bedroom
12'7" × 11'3"
Basement
Game Room
20'10" × 14'
Basement
Laundry
9'11" × 8'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'1" x 9'5"
2nd Floor
Yes
5
9' x 13'
Basement
No
4
9'9" x 5'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Closet Organizers, Dry Bar, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
Other
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Few Trees
Num. of Parcels:
0
Fencing:
Fenced
Region:
Airdrie
Zoning:
R1
Listed Date:
Nov 01, 2024
Days on Mkt:
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Listed by Century 21 PowerRealty.ca
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
387
Avg list price:
$599,900
Min list price:
$200,000
Max list price:
$1,749,900
Avg days on market:
36
Min days on market:
1
Max days on market:
287
Avg price per sq.ft.:
$360.43
These statistics are generated based on the current listing's property type and located in Airdrie. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706