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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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26 North Bridges Road SW
NONE Langdon T0J 1X3

$789,000
Residential beds: 3 baths: 3.0 2,704 sq. ft. built: 2022

Main Photo: 26 North Bridges Road SW: Langdon Detached for sale : MLS®# A2161105
Photo 1: 26 North Bridges Road SW: Langdon Detached for sale : MLS®# A2161105
Photo 2: 26 North Bridges Road SW: Langdon Detached for sale : MLS®# A2161105
Photo 3: 26 North Bridges Road SW: Langdon Detached for sale : MLS®# A2161105
Photo 4: 26 North Bridges Road SW: Langdon Detached for sale : MLS®# A2161105
Photo 5: 26 North Bridges Road SW: Langdon Detached for sale : MLS®# A2161105
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2161105
Bedrooms:
3
Bathrooms:
3
Year Built:
2022
Step into a life of elegance and tranquility at 26 North Bridges Road, where the charm of small-town living meets the sophistication of modern design. Nestled in the serene community of Langdon, this beautifully crafted home offers an escape from the hustle and bustle of city life, inviting you to enjoy the luxuries of space, privacy, and an unparalleled lifestyle. You'll immediately be captivated by the impressive curb appeal, featuring a massive triple attached garage that not only provides ample space for vehicles but also serves as the perfect workshop or storage area for all your hobbies and toys. The oversized lot ensures you have plenty of room to breathe, entertain, and relish the peace and quiet that comes with living in a close-knit, welcoming community. Step inside, and you'll be greeted by a grand open-to-below area that floods the home with natural light, creating a warm and inviting atmosphere. The spacious main floor is designed with both comfort and style in mind, featuring a gourmet kitchen that will inspire your inner chef. With ceiling-height cabinetry, a sleek gas stove, and a striking floor-to-ceiling tile feature, this kitchen is as functional as it is beautiful. Whether you're hosting a dinner party or enjoying a quiet meal with family, this space will be the heart of your home. Motorized blinds have been added to the expansive windows so you can control the amount of light and privacy on this level. Upstairs, you'll find three generously sized bedrooms, each offering a serene retreat for rest and relaxation. The large bonus room provides the perfect space for a home theatre, playroom, or even a private office. The possibilities are endless, and the thoughtful layout ensures that everyone in the family has their own space to unwind. Built in 2022, this home was heavily upgraded by its current owners, who spared no expense in ensuring every detail was carefully considered. The best part? You get to enjoy all these upgrades without the hassle of building from scratch, without paying GST, and with the peace of mind that comes with the remaining warranty. Purchasing this home means more than just owning a beautiful home; it means becoming part of a community that values a slower pace of life, where neighbours know each other by name, and where you can truly unwind and enjoy the simple pleasures. Whether you're enjoying a morning coffee on your spacious deck, taking a stroll through the quiet streets of Langdon, or exploring the nearby parks and recreational areas, you'll find that this home offers the perfect balance of luxury, comfort, and small-town charm. Please contact us to book a private tour today.
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:
2,703.52 sq. ft.
Main Level Finished Area:
1,227.84 sq. ft.
Upper Level Finished Area:
1,475.68 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,134.1 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,840 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:
South
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
9
Year built:
2022 (Age: 2)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2011558
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room, Tile
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
3.0
Parking Total/Covered:
3 / -
Laundry Features:
Laundry Room
NONE
Built-In Oven, Dishwasher, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer
None
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
14'11" × 14'1"
Main Floor
Foyer
11'2" × 10'
Main Floor
Kitchen
16'4" × 11'4"
Main Floor
Living Room
14'11" × 14'4"
Main Floor
Office
9'6" × 9'1"
2nd Floor
Bedroom
12' × 11'3"
2nd Floor
Bedroom
15'1" × 13'7"
2nd Floor
Family Room
22'7" × 19'10"
2nd Floor
Laundry
7'10" × 5'8"
2nd Floor
Bedroom - Primary
17' × 14'7"
2nd Floor
Walk-In Closet
12'2" × 6'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3'7" x 8'5"
2nd Floor
No
4
5' x 12'11"
2nd Floor
Yes
5
10'1" x 12'2"
Title to Land:
Fee Simple
Community Features:
Shopping Nearby
Interior Features:
High Ceilings
Exterior Features:
None
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Rocky View County
Zoning:
R1
Listed Date:
Sep 03, 2024
Days on Mkt:
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Virtual Tour

Listed by Real Broker
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$799,900
Min list price:
$599,900
Max list price:
$999,900
Avg days on market:
38
Min days on market:
2
Max days on market:
106
Avg price per sq.ft.:
$358.44
These statistics are generated based on the current listing's property type and located in Langdon. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706