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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2 2703 Erlton Street SW
Erlton Calgary T2S 2W4

$1,750,000
Residential beds: 3 baths: 4.0 2,267 sq. ft. built: 2025

Main Photo: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 1: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 2: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 3: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 4: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 5: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 6: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 7: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 8: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 9: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 10: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 11: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 12: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 13: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 14: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 15: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 16: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 17: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 18: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 19: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 20: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 21: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 22: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 23: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 24: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2103761
Bedrooms:
3
Bathrooms:
4
Year Built:
2025
This three storey townhome incorporates modern-traditional interior design elements for a sophisticated and timeless aesthetic. Perched upon a hill in one of Calgary's most iconic river communities overlooking the picturesque skyline, this brand new unit is a culmination of high quality materials, thoughtful finishing selections, and grand inclusions. The attached triple car garage and private elevator are characteristic of the many luxurious additions strategically embedded within this home. The main floor layout includes a chef's kitchen with premium panel-ready appliances, dining room, living area with gas fireplace, powder room, wet bar, built-in desk area, main floor balcony with sweeping city views, and an outdoor BBQ deck at the rear. On the second level there are two bedrooms, each with walk-in closets and 4 piece ensuites, along with laundry and a den. The entire third floor is occupied almost entirely by a spacious primary retreat with another gas fireplace, a walk-in-closet, an attached 5 piece ensuite including a steam shower, bidet and in-floor heating, an additional wet bar, and a third level balcony (designed and loaded for a hot-tub) overlooking the city. This intentional floorplan prioritizes comfort and convenience while maximizing utilization of space. Intricate millwork, ornate wall and ceiling mouldings, a textured kitchen island, brush gold accents, 9 foot ceilings, and herringbone hardwood all work together seamlessly to emulate carefully curated beauty. With unrivalled cityscape views, this home is a testament to deluxe inner city living. Notable specifications include: quartz countertops, Spanish porcelain tile, engineered European Oak hardwood, custom designed casing & mouldings, designer light fixtures, LED backlit staircase railings, millwork built-ins, satin brass and matte black hardware, along with rough-ins for speakers, a security system, power blinds and vacuum system. Situated amongst the natural landscape of the river pathways and surrounded by some of the city's most notable landmarks in the peaceful community of Erlton. Quickly access the shopping and dining opportunities along 4th street, the brand new Convention Centre, Calgary Stampede Grounds, and get to the downtown core in minutes. Expected Completion March 2025. Inquire for a list of customizable and/or upgradable features.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 Storey
Total Living Area:
2,267 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$325.00
Condo Fee Includes:
Insurance, Maintenance Grounds, Reserve Fund Contributions, Snow Removal
HOA Fee Includes:
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North, South
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
7
Year built:
2025 (Age: -)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2865AC
Heating:
In Floor, Electric, Fireplace(s), Forced Air, Natural Gas
Basement:
See Remarks
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Metal Siding, Stucco
Structure Type:
Triplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
Rough-In
Fireplaces:
2
Fireplace Details:
Gas, Living Room, Primary Bedroom, Raised Hearth, Tile
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
3.0
Parking Total/Covered:
3 / -
Laundry Features:
Laundry Room, Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Erlton
None
Built-In Refrigerator, Dishwasher, Dryer, Garage Control(s), Gas Range, Microwave, Range Hood, Washer, Wine Refrigerator
Specifications Package able to be modified at this stage.
None Known
Yes
Floor
Type
Size
Other
Main Floor
Kitchen
13'2" × 10'10"
Main Floor
Dining Room
19'4" × 8'
Main Floor
Living Room
19'4" × 12'
Main Floor
Balcony
20'4" × 10'8"
2nd Floor
Den
13'6" × 7'8"
2nd Floor
Bedroom
11'6" × 11'6"
2nd Floor
Bedroom
12'5" × 10'6"
2nd Floor
Laundry
8'7" × 4'10"
3rd Floor
Bedroom - Primary
13'10" × 13'4"
3rd Floor
Walk-In Closet
11' × 7'8"
3rd Floor
Balcony
25'8" × 8'10"
Basement
Furnace/Utility Room
11'4" × 8'
Basement
Foyer
13' × 4'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
Yes
4
2nd Floor
Yes
4
3rd Floor
Yes
6
11'3" x 13'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Bookcases, Built-in Features, Central Vacuum, Closet Organizers, Crown Molding, Double Vanity, Elevator, High Ceilings, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, See Remarks, Skylight(s), Soaking Tub, Steam Room, Storage, Sump Pump(s), Track Lighting, Walk-In Closet(s), Wet Bar, Wired for Sound
Exterior Features:
Balcony, BBQ gas line, Lighting, Rain Gutters
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Cul-De-Sac, Gentle Sloping, Landscaped, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Mar 22, 2024
Days on Mkt:
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Listed by CIR Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
4,881
Avg list price:
$589,000
Min list price:
$159,900
Max list price:
$10,000,000
Avg days on market:
35
Min days on market:
1
Max days on market:
474
Avg price per sq.ft.:
$435.52
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706