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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297 Homestead Crescent NE
C-686 Calgary T3J 5S2

$799,000
Residential beds: 5 baths: 3.0 2,244 sq. ft. built: 2024

Main Photo: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 1: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 2: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 3: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 4: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 5: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 6: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 7: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 8: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 9: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 10: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 11: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 12: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 13: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 14: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
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Photo 22: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 23: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 24: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 25: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 26: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 27: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 28: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 29: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 30: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 31: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 32: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 33: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Photo 34: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2173373
Bedrooms:
5
Bathrooms:
3
Year Built:
2024
Step into this charming and spacious Brand new home perfect for those who revel in comfort and convenience. Nestled in a vibrant community, this stunning house is ready to welcome you with 5 spacious bedrooms & 3 modern bathrooms! From your private back alley access to stunning upgraded kitchen, this home promises both privacy & luxury. LVP flooring through out the main floor and carpet on the upper level. Main floor Bedroom and full bathroom with shower is ideal for elderly family member or guests. Upgraded kitchen comes with full length island with quartz countertop, spice kitchen, electric cooktop and sleek stainless steel appliances .Upstairs you will find bonus room perfect for family time, spacious master bedroom with dual sink in Ensuite. 3 more bedrooms with big windows and main bathroom. Basement offers 9ft ceiling ,Separate entry along with rough ins already done by the builder. This home also comes with smart controls like door bell , smart lock and thermostat Book your viewing now !
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:
2,244 sq. ft.
Main Level Finished Area:
966 sq. ft.
Upper Level Finished Area:
1,278 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,166 sq. ft.
Lot Frontage:
29'3"
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:
2024 (Age: 0)
Bedrooms:
5 (Above Grd: 5)
Bedrooms Above Grade:
5
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
2410123
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
ENERGY STAR Qualified Equipment
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room
Homestead
Dishwasher, Electric Cooktop, Electric Range, Microwave, Microwave Hood Fan, Range Hood, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
9'2" × 8'8"
Main Floor
Kitchen
16'1" × 13'4"
Main Floor
Dining Room
9'11" × 9'10"
Main Floor
Living Room
13'1" × 12'8"
Main Floor
Spice Kitchen
8'10" × 5'5"
Upper Level
Bedroom
11'4" × 9'4"
Upper Level
Laundry
7'10" × 5'3"
Upper Level
Bonus Room
17'4" × 13'
Upper Level
Bedroom - Primary
12'10" × 12'
Upper Level
Walk-In Closet
10' × 4'1"
Upper Level
Bedroom
13'6" × 8'8"
Upper Level
Bedroom
12'3" × 8'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'9" x 4'11"
Upper Level
No
4
11'6" x 5'2"
Upper Level
Yes
5
11'7" x 10'6"
Title to Land:
Fee Simple
Community Features:
Lake, Playground, Shopping Nearby
Interior Features:
Open Floorplan, Pantry
Exterior Features:
Lighting, Permeable Paving
Patio And Porch Features:
Other
Lot Features:
Back Lane, Back Yard
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-G
Listed Date:
Oct 16, 2024
Days on Mkt:
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  • Photo 12: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
    Main Floor Bedroom
  • Photo 13: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
    Bonus Room
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  • Photo 18: 297 Homestead Crescent NE in Calgary: C-686 Detached for sale : MLS®# A2173373
    Master Bedroom
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Listed by RE/MAX Real Estate (Central)
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$794,450
Min list price:
$549,900
Max list price:
$1,069,786
Avg days on market:
34
Min days on market:
2
Max days on market:
100
Avg price per sq.ft.:
$360.52
These statistics are generated based on the current listing's property type and located in C-686. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706