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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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117 Taravista Way NE
Taradale Calgary T3J 4K8

$465,000
Residential beds: 3 baths: 3.0 1,493 sq. ft. built: 2000

Main Photo: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 1: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 2: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 3: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 4: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 5: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 6: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 7: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 8: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 9: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 10: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 11: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 12: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 13: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 14: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 15: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 16: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 17: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 18: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 19: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 20: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 21: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 22: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 23: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 24: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 25: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 26: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 27: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 28: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 29: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 30: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 31: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 32: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Photo 33: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2176500
Bedrooms:
3
Bathrooms:
3
Year Built:
2000
This is a great change to own a large semi-detached home for a great price! 1,493 square feet, single attached garage, huge West facing back yard only steps to Ted Harrison School. The large entry to this home is perfect for busy families and leads right into the open main floor layout. The main floor isn’t the only place to hang out though… Upstairs this home has a large bonus room with vaulted ceilings. 3 bedrooms up including a primary bedroom with walk-in closet and 4-piece ensuite bathroom. Looking for a little more developed space? The unfinished basement is plenty big enough for another bedroom and large family room. This home is ready for a little TLC and could be yours at a great price!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Side by Side
Total Living Area:
1,493 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
2,744 sq. ft.
Lot Frontage:
24'7"
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:
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
7
Year built:
2000 (Age: 24)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0012405
Heating:
Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Taradale
See Remarks
None
See Remarks
Floor
Type
Size
Other
Main Floor
Dining Room
10'1" × 7'11"
Main Floor
Living Room
15'5" × 10'8"
Main Floor
Kitchen
11'1" × 7'11"
Main Floor
Entrance
8'9" × 8'2"
Upper Level
Bedroom
9'2" × 9'
Upper Level
Bedroom - Primary
13'6" × 12'1"
Upper Level
Walk-In Closet
5'1" × 4'11"
Upper Level
Bonus Room
17'3" × 10'9"
Upper Level
Bedroom
9'3" × 9'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'6" x 5'4"
Upper Level
No
4
7'9" x 4'11"
Upper Level
Yes
4
7'10" x 4'11"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
See Remarks
Exterior Features:
None
Patio And Porch Features:
Front Porch
Lot Features:
Back Yard, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-G
Listed Date:
Oct 31, 2024
Days on Mkt:
  • Photo 1: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
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  • Photo 4: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Large Front Entry
  • Photo 5: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
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    Photo 13 of 33
  • Photo 14: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Main Floor Bathroom
  • Photo 15: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Photo 15 of 33
  • Photo 16: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Bonus Room
  • Photo 17: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Primary Bedroom
  • Photo 18: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Primary Bedroom
  • Photo 19: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    En-suite Bath
  • Photo 20: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Walk-in Closet
  • Photo 21: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Bedroom #2
  • Photo 22: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Bedroom #3
  • Photo 23: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Upper Bathroom
  • Photo 24: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Upper Hallway
  • Photo 25: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    West Facing Back Yard
  • Photo 26: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Photo 26 of 33
  • Photo 27: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Huge Fully Fenced Yard
  • Photo 28: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Basement Laundry
  • Photo 29: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Unfinished Basement
  • Photo 30: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
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  • Photo 31: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
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  • Photo 32: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
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  • Photo 33: 117 Taravista Way NE in Calgary: Taradale Semi Detached (Half Duplex) for sale : MLS®# A2176500
    Single Attached Garage
Listed by CIR Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$599,402
Min list price:
$272,999
Max list price:
$859,900
Avg days on market:
39
Min days on market:
1
Max days on market:
185
Avg price per sq.ft.:
$394.38
These statistics are generated based on the current listing's property type and located in Taradale. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706