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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  1. Contact Form: Use the contact form on my website to send me a direct message. Please include your name, email address, and a message, and I will respond as soon as possible.

  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email Address: Reach out to me at Diane for any inquiries or to request additional information.

  4. Live Chat: Utilize the live chat feature on my website for real-time communication and immediate answers to your questions.

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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406 Sand Hills Drive
Wolf Creek Village Rural Ponoka County T4J 0B3

$112,000
Land

Main Photo: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 1: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 2: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 3: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 4: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 5: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 6: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 7: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 8: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 9: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 10: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Photo 11: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
Status:
Active
Prop. Type:
Land
MLS® Num:
CA0105159
Wolf Creek - One of Canada's great golf courses. The value of this lot is undeniable. The location is ideal - country living with easy access to pavement (QEII and Hwy 2A). Only minutes away from all that the City of Lacombe and Town of Ponoka offer with regards to shopping, schools, and other activities. Wolf Creek residents commute easily to Red Deer, Edmonton, Calgary, and beyond. Snowbirds? Semi-Retired? Work related travel? Edmonton International Airport is an easy 45 minute drive. Compare the cost of a small city lot in your community to this bargain. One could take the money saved on this perfectly located lot and begin construction on the perfect home. Do you want to build your next home on an costly and cramped city lot or are you looking for something better? Wolf Creek is well manicured during the golf season and, rest assured, Mother Nature takes care of your beautiful surroundings and provides you with peaceful country view all year round. What a terrific time and place to build.
Property Type:
Land
Property Sub Type:
Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
17,411 sq. ft.
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:
Rear Yard Exposure:
W
Reg. Size:
Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Total Rooms:
0
Plan:
0823398
New Constr.:
No
Ensuite:
No
Fireplaces:
0
Garage:
0
Parking:
None
Wolf Creek Village
None
Title to Land:
Fee Simple
Lot Features:
Views, Private, Corner Lot, Cul-De-Sac, Irregular Lot, Near Golf Course, Sloped
Num. of Parcels:
0
Fencing:
Partial
Region:
Ponoka County
Zoning:
RR
Listed Date:
May 02, 2017
Days on Mkt:
  • Photo 1: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
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  • Photo 2: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
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  • Photo 9: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
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  • Photo 10: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
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  • Photo 11: 406 Sand Hills Drive: Rural Ponoka County Land for sale : MLS®# CA0105159
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Listed by Royal LePage Lifestyles Realty
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
87
Avg list price:
$158,000
Min list price:
$80,000
Max list price:
$2,500,000
Avg days on market:
171
Min days on market:
10
Max days on market:
2,698
Avg price per sq.ft.:
$3.78
These statistics are generated based on the current listing's property type and located in Rural Ponoka County. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706