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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Scott Lake Ranch
Rural Rocky View MD Rural Rocky View County T3Z 2L4

$32,500,000
Agri-Business 4,849 sq. ft.

Main Photo: Scott Lake Ranch in Rural Rocky View County: Rural Rocky View MD Agriculture for sale : MLS®# A2148503
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Status:
Active
Prop. Type:
Agri-Business
MLS® Num:
A2148503
In the rugged heart of Alberta, just a stone’s throw from the bustling city of Calgary, Scott Lake Ranch emerges as a testament to untamed beauty and frontier spirit. Spanning over 3,000 acres, this legendary property stands with unyielding grace along the Trans-Canada Highway, offering a gateway to a world where the wild, rolling plains converge with the whispering pines of the Rocky Mountains. Within this expansive landscape lie 25 legal parcels totaling 3,010.8 acres, strategically positioned with direct access to the Trans-Canada Highway. Guided by the Scott Lake Area Structure Plan (ASP), parcels of the ranch are poised for both commercial and residential development—a testament to visionary opportunity in the heart of the West. Amidst this vast and captivating terrain stands a 5,000 sq. ft. estate home—a haven of elegance amidst the wilderness. Here, vistas stretch as far as the eye can see, each horizon telling a tale of boundless adventure and timeless beauty. Nestled within a secluded 1/4 section of the property, the estate home at Scott Lake Ranch exudes timeless elegance and rugged charm. Crafted from locally sourced stone, its sturdy facade harmonizes effortlessly with the surrounding natural landscape, offering a picturesque blend of luxury and wilderness. Designed to complement the terrain, the home's architecture reflects a deep respect for the environment, while inside, spacious living areas and modern amenities ensure comfort amid Alberta's untamed beauty. An additional home for a caretaker ensures meticulous care of the ranch, maintaining its pristine condition and attending to every aspect of daily life with utmost dedication. For over six decades, Scott Lake Ranch has been a beacon of stewardship and sustainability, expertly managed for cattle and forage operations. This rich heritage is woven into the fabric of the land, where each blade of grass carries whispers of the past and promises of a future shaped by generations of dedication. Scott Lake Ranch is more than just property; it is a legacy and a realm of infinite possibilities. With commercial and residential zoning and significant potential for conservation initiatives, it offers a rare chance to claim a piece of Alberta’s soul. Here, amidst the splendor of nature and the spirit of the cowboy, you can forge a legacy as enduring as the land itself. Contact us today to arrange your private tour and experience firsthand the allure of owning a generational property that seamlessly blends natural beauty, heritage, and limitless potential in the heart of the West.
Property Type:
Agri-Business
Property Sub Type:
Agriculture
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
Bungalow
Current Use:
Agricultural, Cattle, Grazing, Horses, Other, Pasture, See Remarks
Major Use Description:
Beef
Total Living Area:
4,848.88 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,010.82 acre(s)
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:
Reg. Size:
Reg. Size Includes:
Levels:
One
Bathrooms:
- (Full:-, Half:-)
Construction Material:
Stone
Structure Type:
House
Ensuite:
No
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
NONE
To be negotiated
Call Lister
Title to Land:
Fee Simple
Num. of Parcels:
0
Nearest Town:
Cochrane
Region:
Rocky View County
Zoning:
A-GEN, SLCR, AC, SL-HWY
Listed Date:
Jul 11, 2024
Days on Mkt:
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Virtual Tour

Listed by Sotheby's International Realty Canada
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$3,862,500
Min list price:
$759,999
Max list price:
$32,500,000
Avg days on market:
75
Min days on market:
7
Max days on market:
295
Avg price per sq.ft.:
$3,357.4
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