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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292 Ranch Close
The Ranch_Strathmore Strathmore T1P 0B5

$679,900
Residential beds: 4 baths: 4.0 1,816 sq. ft. built: 2014

Main Photo: 292 Ranch Close: Strathmore Detached for sale : MLS®# A2177602
Photo 1: 292 Ranch Close: Strathmore Detached for sale : MLS®# A2177602
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2177602
Bedrooms:
4
Bathrooms:
4
Year Built:
2014
Spacious Family Home nestled in the charming town of Strathmore, Alberta. This beautifully renovated two-story home offers the perfect blend of small-town living with easy access to Calgary, just a 25-minute drive away. Strathmore is known for its tight-knit community, fantastic schools, and family-friendly amenities, making it an ideal place to settle down. Enjoy the many free, regular community events that bring neighbors together in a supportive, welcoming environment. This impressive home sits on a quiet street, backing onto scenic pathways, perfect for leisurely strolls or family bike rides. The property boasts a triple-attached garage, providing ample parking and storage, and a large fenced yard ideal for kids, pets, and outdoor entertaining. Step inside to a spacious tiled foyer, setting the tone with style and practicality. The open-concept layout is inviting, featuring a cozy living room complete with a fireplace for those cool Alberta evenings. The dining room flows seamlessly from the living area, opening onto the backyard – perfect for indoor-outdoor living and summer barbecues. The kitchen is a chef's dream, featuring an island with seating, granite countertops, upscale appliances, and abundant white cabinetry, including a spacious pantry for added storage. A half bathroom completes the main floor. The second floor is designed with family living in mind and features beautiful hardwood & tile flooring. Here, you'll find a laundry room, three generous bedrooms, including a luxurious primary suite with an ensuite bathroom, ideal for relaxation and spacious walk in closet. A full bathroom and a bonus room offer additional living space, perfect for a playroom, home office, 4th bedroom conversion or cozy family lounge. The convenience of an upper-level laundry room means less hassle on laundry day. The fully developed basement adds incredible versatility to this home. With a separate side entrance, the basement includes a second kitchen, full bathroom, laundry closet, and a fourth bedroom. This space is ideal for a mother-in-law space, guest space, or as an income-generating space. Thoughtfully designed and fully permitted for privacy and functionality, this area provides an independent living space while remaining seamlessly connected to the rest of the home. With its prime location, high-end finishes, and flexible layout, this Strathmore gem offers the perfect opportunity for families seeking a friendly community and ample space. Whether you're hosting gatherings in the open main floor, enjoying quiet time in the fenced backyard, or exploring the community's numerous amenities, this home is ready to meet your needs and exceed expectations. Don’t miss your chance to make it yours, call your favorite Realtor 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:
1,816.12 sq. ft.
Main Level Finished Area:
772.54 sq. ft.
Upper Level Finished Area:
1,043.58 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
682.09 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,328 sq. ft.
Lot Frontage:
58'4¾"
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:
7
Year built:
2014 (Age: 10)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0810450
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Lower Level, Upper Level
The Ranch_Strathmore
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
n/a
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
13'10" × 13'6"
Main Floor
Kitchen
14' × 9'6"
Main Floor
Dining Room
10'7" × 9'6"
Upper Level
Bedroom - Primary
14' × 12'10"
Upper Level
Bedroom
9'11" × 9'9"
Upper Level
Bedroom
9'10" × 9'10"
Upper Level
Den
13'10" × 9'8"
Lower Level
Kitchen With Eating Area
10'5" × 10'3"
Lower Level
Living Room
10'4" × 10'4"
Lower Level
Bedroom
11'1" × 10'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
5
0' x 0'
Upper Level
No
4
0' x 0'
Lower Level
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Ceiling Fan(s), Closet Organizers, Double Vanity, Granite Counters, Kitchen Island, Low Flow Plumbing Fixtures, No Smoking Home, Pantry, Soaking Tub, Stone Counters, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Front Yard, Lawn, Landscaped, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Wheatland County
Zoning:
R1
Listed Date:
Nov 06, 2024
Days on Mkt:
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Listed by RE/MAX Key
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
53
Avg list price:
$529,900
Min list price:
$179,999
Max list price:
$2,200,000
Avg days on market:
33
Min days on market:
4
Max days on market:
214
Avg price per sq.ft.:
$359.28
These statistics are generated based on the current listing's property type and located in Strathmore. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706