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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37 Rowland
Air Ranch Okotoks T1S 2C4

$619,900
Residential beds: 3 baths: 3.0 1,190 sq. ft. built: 2004

Main Photo: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 1: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 2: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 3: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 4: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 5: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 6: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 7: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 8: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 9: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 10: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 11: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 12: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 13: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 14: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 15: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 16: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 17: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 18: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 19: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 20: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 21: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 22: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 23: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 24: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 25: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 26: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
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Photo 29: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 30: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 31: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 32: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 33: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 34: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 35: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Photo 36: 37 Rowland: Okotoks Semi Detached (Half Duplex) for sale : MLS®# A2172963
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2172963
Bedrooms:
3
Bathrooms:
3
Year Built:
2004
This beautiful walkout bungalow villa is located in the highly sought-after community of Air Ranch in Okotoks. The main floor flows over hardwood, and under a vaulted ceiling with plenty of natural light. The front room is flexible and can be utilized as a sitting room, home office, dining space, and more. The main floor offers an open-concept great room with the kitchen, living room, and dining area flowing together. The primary suite boasts a walk-in closet, and an ensuite with a heated floor, and an upgraded walk-through shower/tub. The main floor is completed by a separate laundry room and powder room. Enjoy access to the rear, west-facing deck where you can enjoy animals passing through the greenspace or grill with a BBQ gas line. The lower walkout level is fully finished with a family room with an inviting gas fireplace, two more bedrooms (one with a built-in Murphy bed), and a ‘Jack-and-Jill’ 4 piece bathroom with slate tile flooring, and plenty of storage spaces. The double-attached front garage is complete with a 220-voltage circuit and hot/cold taps. Surrounded by estate homes, just minutes from two golf courses, this villa provides easy access to a 23 acres of wildlife reserve with a large pond, perfect for peaceful nature walks. Don’t worry about lawn care or snow removal, your monthly condo fee includes all common area upkeep, making this villa ideal for anyone seeking a hassle-free lifestyle.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow, Side by Side
Total Living Area:
1,190 sq. ft.
Main Level Finished Area:
1,190 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,133 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$575.00
Condo Fee Includes:
Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Includes:
Lot Area:
3,983 sq. ft.
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:
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
3
Year built:
2004 (Age: 20)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0310135
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
220 Volt Wiring, Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Air Ranch
Snow Removal, Trash
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator, Wall/Window Air Conditioner, Washer
n/a
Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Flex Space
13'2" × 12'8"
Main Floor
Kitchen
12'4" × 11'3"
Main Floor
Living Room
18'9" × 12'
Main Floor
Bedroom - Primary
16'8" × 12'
Main Floor
Laundry
5'3" × 5'
Lower Level
Family Room
19'4" × 17'10"
Lower Level
Bedroom
12'4" × 9'9"
Lower Level
Bedroom
11'10" × 11'6"
Lower Level
Furnace/Utility Room
12' × 8'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Main Floor
Yes
5
Lower Level
No
4
Title to Land:
Fee Simple
Community Features:
Airport/Runway, Park, Playground, Shopping Nearby, Sidewalks
Interior Features:
Central Vacuum, Kitchen Island, No Smoking Home, Pantry, Soaking Tub
Exterior Features:
BBQ gas line, Private Entrance, Rain Gutters
Patio And Porch Features:
Deck, Front Porch, Patio
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
None
Region:
Foothills County
Zoning:
TN
Listed Date:
Oct 17, 2024
Days on Mkt:
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3D Tour

Virtual Tour

Listed by RE/MAX First
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
93
Avg list price:
$650,000
Min list price:
$215,000
Max list price:
$3,995,000
Avg days on market:
34
Min days on market:
1
Max days on market:
254
Avg price per sq.ft.:
$383.53
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706