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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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128 Upland Boulevard W
Uplands (Brooks) Brooks T1R 0R3

$360,000
Residential beds: 6 baths: 2.0 1,118 sq. ft. built: 1995

Front of the house
Photo 1: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 2: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 3: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 4: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 5: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 6: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 7: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 8: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 9: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 10: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 11: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 12: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 13: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 14: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 15: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 16: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 17: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 18: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 19: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 20: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 21: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 22: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 23: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 24: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 25: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 26: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 27: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 28: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 29: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 30: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 31: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 32: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 33: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 34: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 35: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 36: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Photo 37: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2152758
Bedrooms:
6
Bathrooms:
2
Year Built:
1995
Welcome to this fantastic! 6 bedroom, 2 bathroom home in the sought after Upland neighborhood. This house is perfect for families or those looking for extra space. The main floor comprises of three generously sized bedrooms, a large kitchen and eating area, as well as a living room with big windows that floods the home with natural light. With a second kitchen in the basement along with three bedrooms, this is a dream opportunity for space or potential income generating avenue. This home is located close proximity to groceries, shopping and just steps away from an elementary school. The large fenced backyard is excellent for outdoor entertaining and also perfect for kids and pets to play safely. The double detached garage provides ample parking space or storage. This home awaits your personal touches to bring out its full potential, the possibilities are endless. Book a showing today with your favorite realtor and don’t miss the opportunity to put your own stamp on this fantastic property.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bi-Level
Total Living Area:
1,118 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,175 sq. ft.
Lot Frontage:
69'9½"
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:
West
Reg. Size:
Reg. Size Includes:
Levels:
Bi-Level
Total Rooms Above Grade:
5
Year built:
1995 (Age: 29)
Bedrooms:
6 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
7911190
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full, Suite
Foundation:
Wood
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Off Street
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Main Level
Uplands (Brooks)
Refrigerator, Stove(s), Washer, Dryer
Fridge
None Known
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
11'4" × 10'11"
Main Floor
Bedroom
9'11" × 9'
Main Floor
Bedroom
9'6" × 9'
Main Floor
Kitchen With Eating Area
19'6" × 10'10"
Main Floor
Living Room
13'7" × 12'
Lower Level
Bedroom
12'2" × 11'1"
Lower Level
Bedroom
11'3" × 11'3"
Lower Level
Bedroom
14'9" × 8'10"
Lower Level
Dining Room
11'4" × 9'
Lower Level
Kitchen
10'4" × 7'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'1" x 10'11"
Lower Level
No
4
5'1" x 7'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Ceiling Fan(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
None
Lot Features:
Back Yard, Lawn, Reverse Pie Shaped Lot
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Fenced
Region:
Brooks
Zoning:
R-SD
Listed Date:
Jul 25, 2024
Days on Mkt:
  • Photo 1: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Front of the house
  • Photo 2: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Main Entrance
  • Photo 3: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Stairs to main floor
  • Photo 4: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Kitchen & Eating Area
  • Photo 5: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 5 of 37
  • Photo 6: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Kitchen
  • Photo 7: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Kitchen
  • Photo 8: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 8 of 37
  • Photo 9: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Living Room
  • Photo 10: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Living Room
  • Photo 11: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 11 of 37
  • Photo 12: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Living Room
  • Photo 13: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 13 of 37
  • Photo 14: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Washroom on main floor
  • Photo 15: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 15 of 37
  • Photo 16: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Bedroom#1
  • Photo 17: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 17 of 37
  • Photo 18: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Bedroom#2
  • Photo 19: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 19 of 37
  • Photo 20: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Primary Suite
  • Photo 21: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 21 of 37
  • Photo 22: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Stairs to the basment
  • Photo 23: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Kitchen in the basement
  • Photo 24: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 24 of 37
  • Photo 25: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 25 of 37
  • Photo 26: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 26 of 37
  • Photo 27: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Dining area in the basement
  • Photo 28: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Bedroom#4
  • Photo 29: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 29 of 37
  • Photo 30: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 30 of 37
  • Photo 31: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Bedroom# 5
  • Photo 32: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 32 of 37
  • Photo 33: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Bedroom#6
  • Photo 34: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 34 of 37
  • Photo 35: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Bathroom in the basement
  • Photo 36: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 36 of 37
  • Photo 37: 128 Upland Boulevard W: Brooks Detached for sale : MLS®# A2152758
    Photo 37 of 37
Listed by Royal LePage Community Realty
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$355,000
Min list price:
$124,900
Max list price:
$715,000
Avg days on market:
45
Min days on market:
1
Max days on market:
913
Avg price per sq.ft.:
$288.46
These statistics are generated based on the current listing's property type and located in Brooks. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706