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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69 Alberts Close
Anders South Red Deer T4R 3J7

$574,000
Residential beds: 4 baths: 3.0 1,310 sq. ft. built: 2003

Main Photo: 69 Alberts Close: Red Deer Detached for sale : MLS®# A2149744
Photo 1: 69 Alberts Close: Red Deer Detached for sale : MLS®# A2149744
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2149744
Bedrooms:
4
Bathrooms:
3
Year Built:
2003
Beautiful Walk - Out bungalow in Anders South! This True-Line built 4 bdrm 3 bath original owned home sits on a quiet close. The open floor plan provides a spacious dining and living room. Kitchen features plenty of cabinet space, pantry and breakfast bar. There is a door off the kitchen to a covered deck with gas line for BBQ. Two bedrooms on the main floor with the primary bdrm providing a walk in closet and 5 pc ensuite! Enjoy main floor laundry and attached heated garage with plenty of shelving for storage. The fully developed WALK-OUT basement has two bedrooms, 4pc bath, wet bar, family rm, theatre room and a 3 sided gas fireplace. The private fenced yard has apple and plum trees. Other features of the home include central a/c, in-floor heat, water softener and central vac. Conveniently located close to parks, bike paths, shopping and schools.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,310 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,824 sq. ft.
Lot Frontage:
52'
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
Total Rooms Above Grade:
5
Year built:
2003 (Age: 21)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
0225077
Heating:
In Floor, Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Basement, Gas, Three-Sided
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Anders South
Central Air Conditioner, Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer, Water Softener, Window Coverings
Fridge, Stove, BI-Dishwasher, BI-Microwave, Washer, Dryer, All Window Coverings, Shed, TV in Theatre Room, Central Vac with Attachments, Shelving in Garage, Lockers in Garage, Garage Door Opener with 1 remote, Pool Table and Accessories
None Known
Floor
Type
Size
Other
Main Floor
Entrance
10'8" × 8'
Main Floor
Living Room
13'1" × 12'1"
Main Floor
Dining Room
14'1" × 10'4"
Main Floor
Kitchen
13'8" × 11'6"
Main Floor
Bedroom
12'6" × 11'
Main Floor
Laundry
6'9" × 6'5"
Main Floor
Bedroom - Primary
15' × 13'3"
Main Floor
Walk-In Closet
9'4" × 5'2"
Basement
Game Room
23'6" × 15'3"
Basement
Media Room
14'8" × 14'5"
Basement
Bedroom
11'6" × 10'
Basement
Furnace/Utility Room
7'7" × 6'5"
Basement
Bedroom
12'11" × 10'11"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
9'11" x 10'
Main Floor
No
4
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Central Vacuum, Double Vanity, Jetted Tub, Laminate Counters, Pantry, Vinyl Windows, Walk-In Closet(s), Wet Bar
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Cul-De-Sac, Fruit Trees/Shrub(s), Lawn, Landscaped, Private, Rectangular Lot
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Fenced
Region:
Red Deer
Zoning:
R1
Listed Date:
Jul 31, 2024
Days on Mkt:
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Listed by RE/MAX real estate central alberta
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
211
Avg list price:
$465,900
Min list price:
$79,900
Max list price:
$2,200,000
Avg days on market:
37
Min days on market:
1
Max days on market:
296
Avg price per sq.ft.:
$324.18
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706