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

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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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308 474 Seton Circle SE
Seton Calgary T3M 3P6

$499,888
Residential beds: 3 baths: 3.0 1,719 sq. ft. built: 2024

Main Photo: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 1: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 2: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 3: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 4: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 5: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 6: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 7: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 8: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 9: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 10: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 11: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 12: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 13: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 14: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 15: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 16: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 17: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 18: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 19: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 20: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 21: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 22: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 23: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 24: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Photo 25: 308 474 Seton Circle SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173130
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2173130
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
Welcome to Zen Urban District by Avalon Master Builders, featuring the Ambrosia floor plan. This beautifully maintained townhome boasts stylish touches throughout, has a modern open-floor concept, and features quartz countertops, stainless steel appliances, and a large kitchen island with room for seating. The main floor features a spacious living and dining area leading to a kitchen towards the rear of the home, which opens to a fenced yard with a patio space. Additional storage under the stairs can double as a pet space. Upstairs, you will find 3 large bedrooms that can easily fit king-sized beds, a 4-piece washroom, and a convenient laundry area. The top level is a perfect loft/bonus room for entertaining, gym/yoga space, or an office and leads to a rooftop patio with mountain views. With no size restrictions on pets and Airbnb allowed, this home offers flexibility and is perfect for anyone looking to invest. Zen Urban District's positive EnerGUIDE™ rating ensures an average of 360 energy usage savings every month. Steps away from South Health Campus, shopping, theatres, restaurants, parks, and pathways. Bus stop at door steps. The world's largest YMCA, equipped with a surf simulator, NHL-sized ice rink, climbing wall, and more, is also nearby. Welcome home to comfort, convenience, and modern living. Unit 309 (under unit 308) is also on sale. One dog and one cat are allowed, not size restriction
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:
1,718.7 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$314.00
Condo Fee Includes:
See Remarks
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:
West
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
7
Year built:
2024 (Age: 0)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
12345
Heating:
Forced Air
Basement:
See Remarks
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Other
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parking Pad
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Seton
Snow Removal, Trash, Visitor Parking
Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer
none
None Known
Call
Floor
Type
Size
Other
Main Floor
Living Room
18'3" × 13'2"
Main Floor
Kitchen
15'7" × 9'1"
Main Floor
Dining Room
15'7" × 11'1"
Main Floor
Entrance
4'3" × 3'10"
Upper Level
Bedroom - Primary
13'5" × 12'10"
Upper Level
Walk-In Closet
8'7" × 5'1"
Upper Level
Laundry
3'4" × 3'3"
Upper Level
Bedroom
12'10" × 9'6"
Upper Level
Bedroom
12'5" × 9'4"
Upper Level
Bonus Room
16'11" × 11'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3'3" x 6'11"
Upper Level
Yes
5
4'11" x 11'
Upper Level
No
4
4'10" x 8'3"
Title to Land:
Fee Simple
Community Features:
Other
Interior Features:
No Animal Home, No Smoking Home
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
Balcony(s)
Lot Features:
See Remarks
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-1
Listed Date:
Oct 20, 2024
Days on Mkt:
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Listed by RE/MAX Real Estate (Mountain View)
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
89
Avg list price:
$474,900
Min list price:
$250,000
Max list price:
$1,187,900
Avg days on market:
26
Min days on market:
4
Max days on market:
156
Avg price per sq.ft.:
$426.07
These statistics are generated based on the current listing's property type and located in Seton. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706