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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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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183 Windermere Drive NW
Windermere Edmonton T6W 0S4

$3,199,000
Residential beds: 5 baths: 5.0 4,165 sq. ft. built: 2023

Main Photo: 183 Windermere Drive NW: Edmonton Detached for sale : MLS®# A2107813
Photo 1: 183 Windermere Drive NW: Edmonton Detached for sale : MLS®# A2107813
Photo 2: 183 Windermere Drive NW: Edmonton Detached for sale : MLS®# A2107813
Photo 3: 183 Windermere Drive NW: Edmonton Detached for sale : MLS®# A2107813
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Photo 50: 183 Windermere Drive NW: Edmonton Detached for sale : MLS®# A2107813
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2107813
Bedrooms:
5
Bathrooms:
5
Year Built:
2023
Click brochure link for more details** The Enchanted residence, a masterpiece of architectural splendor, seamlessly intertwines timeless allure with modern luxury. Embark on European-inspired architecture as you step into this majestic estate nestled on a massive 20,025 sqft lot along the renowned Windermere Drive. Enter through the grand triple-arched doorway into a captivating seating area adorned with a carved stone gas fireplace, where the ambiance is heightened by rich white oak luxury vinyl plank flooring, crystal chandeliers and lofty 10-foot ceilings. Prepare to be enchanted by the culinary haven that awaits in the kitchen, where a striking split island design highlights a La Cornue range in exquisite provence blue, accompanied by an antique mirrored backsplash, paneled appliances, and an expansive prep kitchen. Ascend to the upper level to discover the owner's retreat, featuring dual bathing rooms, a mirrored walk-in closet, and a cozy fireplace, offering a sanctuary of serenity. Four additional bedrooms, three and a half baths, two balconies, a secluded den, a five-car garage, and a secret wine tasting room await your exploration, while a whimsical third-story loft adds an extraordinary river valley view from the second balcony. Designed for lavish entertaining, the home boasts a covered deck with an outdoor pizza oven, built-in grill, and full landscaping, providing the perfect setting for gatherings and celebrations beneath the stars. Experience the luxury living in this enchanting residence in the most exquisite home in Edmonton.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
4,165 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
20,025 sq. ft.
Lot Frontage:
105'
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:
Two
Total Rooms Above Grade:
10
Year built:
2023 (Age: 1)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
1820122
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Slab
New Constr.:
Yes
Construction Material:
Stone, Stucco, Wood Siding
Structure Type:
House
Roof:
See Remarks
Ensuite:
Yes
Flooring:
See Remarks
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Gas
Garage:
1
Parking:
Quad or More Attached
Parking Places:
8.0
Parking Total/Covered:
8 / -
Laundry Features:
Upper Level
Windermere
See Remarks
Call seller directly
Call Lister
Floor
Type
Size
Other
Main Floor
Dining Room
14' × 13'6"
Main Floor
Library
12' × 11'6"
Main Floor
Kitchen
21'6" × 11'9"
Main Floor
Great Room
23' × 19'
Main Floor
Pantry
15'6" × 7'
Main Floor
Mud Room
10'6" × 9'
Main Floor
Foyer
19'6" × 8'
Main Floor
Mud Room
9'6" × 7'
Upper Level
Walk-In Closet
13' × 10'2"
Upper Level
Bedroom - Primary
15'6" × 15'
Upper Level
Bedroom
13'8" × 12'11"
Upper Level
Bedroom
13'3" × 12'
Upper Level
Bedroom
14' × 11'6"
Upper Level
Laundry
9'4" × 7'
Upper Level
Storage
15'6" × 13'
Upper Level
Loft
23'3" × 9'10"
Lower Level
Wine Cellar
12'7" × 12'6"
Lower Level
Storage
10'7" × 9'6"
Lower Level
Bedroom
12'11" × 12'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
6' x 6'6"
Upper Level
Yes
4
13'6" x 12'9"
Upper Level
Yes
3
5' x 9'3"
Upper Level
Yes
3
9'2" x 5'
Lower Level
No
4
8'10" x 5'8"
Title to Land:
Fee Simple
Community Features:
Other
Interior Features:
Bar, Bookcases, Chandelier, Double Vanity, See Remarks
Exterior Features:
Balcony, Built-in Barbecue, Lighting, Other
Patio And Porch Features:
Balcony(s), Patio
Lot Features:
Back Yard, Lawn, Landscaped, See Remarks
Num. of Parcels:
0
Fencing:
Fenced
Region:
Edmonton
Zoning:
DC1
Listed Date:
Feb 14, 2024
Days on Mkt:
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Listed by Honestdoor Inc.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$405,000
Min list price:
$223,500
Max list price:
$3,199,000
Avg days on market:
45
Min days on market:
4
Max days on market:
273
Avg price per sq.ft.:
$371.65
These statistics are generated based on the current listing's property type and located in Edmonton. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706