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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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3108 410 Seton Passage SE
Seton Calgary T3M 0M2

$511,511
Residential beds: 3 baths: 3.0 1,239 sq. ft. built: 2023

Main Photo: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 1: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 2: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 3: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 4: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 5: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 6: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 7: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 8: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 9: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 10: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 11: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 12: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 13: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 14: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 15: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 16: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 17: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 18: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 19: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 20: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 21: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 22: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 23: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 24: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 25: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 26: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 27: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 28: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Photo 29: 3108 410 Seton Passage SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2173918
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2173918
Bedrooms:
3
Bathrooms:
3
Year Built:
2023
Welcome to your new home! This BRIGHT and airy townhouse is flooded with NATURAL LIGHT, offering an ideal blend of modern living and convenience. The OPEN-CONCEPT main living area is perfect for entertaining, with a spacious kitchen that boasts QUARTZ COUNTERTOPS, designer fixtures, and STAINLESS STEEL APPLIANCES, all seamlessly overlooking the living and dining areas. Upstairs, you'll find three well-appointed bedrooms, including a master suite with a full en suite and walk-in closet. The second and third bedrooms share a beautifully designed main bathroom. The home is finished in the elegant New Nordic designer interior, featuring marble-style quartz countertops, laminate flooring in the living areas. Additionally, this gem includes a SINGLE ATTACHED GARAGE for your convenience. Located just steps away from South Health Campus, shopping, theatres, restaurants, parks, and pathways. 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.
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:
1,239 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$219.88
Condo Fee Includes:
Amenities of HOA/Condo
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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2023 (Age: 1)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2310304
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Slab
New Constr.:
No
Construction Material:
Brick, Composite Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Single Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Seton
Parking, Playground, Snow Removal
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
n/a
None Known
Yes
Floor
Type
Size
Other
Main Floor
Living Room
16' × 14'2"
Main Floor
Kitchen
16'1" × 8'4"
Main Floor
Furnace/Utility Room
5'4" × 3'6"
Main Floor
Balcony
12'7" × 6'7"
Upper Level
Bedroom - Primary
12'11" × 9'6"
Upper Level
Bedroom
13' × 9'
Upper Level
Bedroom
13' × 8'11"
Upper Level
Walk-In Closet
4'10" × 3'11"
Upper Level
Laundry
3'9" × 3'9"
Upper Level
Balcony
13'5" × 3'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 4'11"
Upper Level
Yes
4
4'11" x 8'4"
Upper Level
No
4
4'11" x 7'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
Interior Features:
No Smoking Home
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Landscaped
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-1
Listed Date:
Oct 18, 2024
Days on Mkt:
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Listed by Save Max Real Estate Inc.
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