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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405 Hope Bay
Rural Rocky View MD Rural Rocky View County T1X 1G5

$439,000
Residential beds: 2 baths: 1.0 981 sq. ft. built: 2000

Main Photo: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 1: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 2: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 3: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 4: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 5: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 6: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 7: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 8: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 9: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 10: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 11: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 12: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 13: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 14: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 15: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 16: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 17: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 18: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 19: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 20: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 21: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 22: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 23: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 24: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 25: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 26: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 27: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 28: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 29: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 30: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 31: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 32: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 33: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 34: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 35: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 36: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 37: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Photo 38: 405 Hope Bay in Rural Rocky View County: Rural Rocky View MD Semi Detached (Half Duplex) for sale : MLS®# A2177093
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2177093
Bedrooms:
2
Bathrooms:
1
Year Built:
2000
Fantastic opprotunity to own a very nice half Duplex Bungalow Condominium with attached Garage in beautiful peaceful Rocky View county, rural location on the very edge of Calgary. Prince of Peace 55 plus Community is a very well managed Condominium with low Condo fee, and pets are welcome subject to Board approval (2 pets, dogs and/or cats) Located 100 Street NE. Just south of Trans Canada Trail. Close to all amenities, 5 minute drive to East Hills Shopping center and development, Costco, Walmart, Odeon Theater and more. Please call today.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Bare Land Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow, Side by Side
Total Living Area:
981.14 sq. ft.
Main Level Finished Area:
981.14 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
858.64 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$399.00
Condo Fee Includes:
Professional Management, Reserve Fund Contributions, Residential Manager, Snow Removal
HOA Fee Includes:
Lot Area:
3,920 sq. ft.
Lot Frontage:
34'5"
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:
East
Reg. Size:
Reg. Size Includes:
Floor Location:
Ground
Entry Level:
1
Stories Total:
1
Levels:
One
End Unit:
1 Common Wall, No One Above, No One Below
Total Rooms Above Grade:
5
Year built:
2000 (Age: 24)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0013287
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Water Supply:
Drinking Water, Public
Sewer:
Other, Sewer
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Clubhouse
Electric Range, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Stair Lift on Basement Stairs
Adult Living, Board Approval, Pets Allowed
Yes
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
13'11" × 11'2"
Main Floor
Bedroom
9'11" × 9'6"
Main Floor
Living Room
11'8" × 11'8"
Main Floor
Dining Room
8'3" × 7'4"
Main Floor
Kitchen With Eating Area
10'10" × 8'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Shopping Nearby, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Central Vacuum, Kitchen Island, Vaulted Ceiling(s), Vinyl Windows
Exterior Features:
Rain Gutters
Patio And Porch Features:
None
Lot Features:
Backs on to Park/Green Space, Cleared, Cul-De-Sac, Level, Street Lighting, Open Lot, Rectangular Lot
Num. of Parcels:
0
Fencing:
None
Nearest Town:
Calgary
Region:
Rocky View County
Zoning:
DC-11
Listed Date:
Nov 04, 2024
Days on Mkt:
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Listed by Grand Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
171
Avg list price:
$1,749,900
Min list price:
$419,000
Max list price:
$14,300,000
Avg days on market:
66
Min days on market:
1
Max days on market:
1,267
Avg price per sq.ft.:
$649.09
These statistics are generated based on the current listing's property type and located in Rural Rocky View MD. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706