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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585 Mahogany Road SE
Mahogany Calgary T3M 2Z5

$669,900
Residential beds: 3 baths: 3.0 1,673 sq. ft. built: 2023

Main Photo: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 1: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 2: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 3: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 4: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 5: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 6: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 7: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 8: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 9: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 10: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 11: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 12: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 13: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 14: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Photo 15: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2145790
Bedrooms:
3
Bathrooms:
3
Year Built:
2023
** ALERT OPEN HOUSE - SAT 12:00 to 5:00 PM ** NEW MORTGAGE INFO ** This home qualifies for the 30-year amortization for first-time buyers' mortgages ** Jayman Financial Brokers now available to sign-up ** **YOU KNOW THE FEELING WHEN YOU'RE ON HOLIDAYS?** Welcome to Park Place of Mahogany. The newest addition to Jayman BUILT's Resort Living Collection is the luxurious, maintenance-free townhomes of Park Place, anchored on Mahogany's Central Green. A 13-acre green space sporting pickleball courts, tennis courts, community gardens, and an Amphitheatre. Discover the PROSECCO! An elevated corner suite townhome with park and street views featuring the GOLD RUSH ELEVATED COLOUR PALETTE. You will love this palette - The ELEVATED package includes;. Luxurious marble-style tile at kitchen backsplash. Gold color cabinetry hardware throughout. Beautiful luxury vinyl planking and 12”x24” tile at bathrooms and laundry. Trendy textured vanity tile at bathroom backsplashes. Sleek chrome finish on kitchen faucet. Stunning pendant light fixtures over the kitchen eating bar are in black and aged brass, and beautiful vanity light fixtures are in aged brass. The home welcomes you into over 1700 sq ft of fine air-conditioned living, showcasing 3 bedrooms, 2.5 baths, and a DOUBLE ATTACHED TANDEM HEATED GARAGE. The thoughtfully designed open floor plan offers a beautiful kitchen boasting a sleek Whirlpool appliance package, undermount sinks throughout, a contemporary lighting package, Moen kitchen fixtures and stunning Elegant White QUARTZ countertops. Enjoy the expansive main living area with both rooms for a designated dining area and an enjoyable living room complimented with an abundance of windows, making this home bright and airy—North and South exposures with a deck and patio for your leisure. The Primary Suite on the upper level includes a generous walk-in closet and 5 five-piece en suite featuring dual vanities, a stand-alone shower, and a large soaker tub. Discover two additional sizeable bedrooms and a full bath for friends and family. Additional upgrades include a washer, dryer, blinds by Wen-Di, and designer Wallpaper feature walls. Park Place homeowners will enjoy fully landscaped and fenced yards, lake access, and 22km of community pathways, and are conveniently located close to the shops and services of Mahogany and Westman Village. Jayman's standard inclusions for this stunning home are 6 solar panels, BuiltGreen Canada Standard, with an EnerGuide rating, UVC ultraviolet light air purification system, a high-efficiency furnace with Merv 13 filters, an active heat recovery ventilator, a tankless hot water heater, triple pane windows, smart home technology solutions and an electric vehicle charging outlet. To view your Dream Home today, visit the Show Home at 174 Mahogany Centre SE. WELCOME TO PARK PLACE!
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:
1,673 sq. ft.
Main Level Finished Area:
698 sq. ft.
Upper Level Finished Area:
740 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$291.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Frequency:
Annually
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:
1 Common Wall
Total Rooms Above Grade:
6
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:
2410682
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
Builder:
Jayman BUILT
New Constr.:
Yes
Construction Material:
Brick, Cement Fiber Board, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl, Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Heated Garage, Tandem
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Main Level
HOA Fee:
$450.00
Condo Fee Frequency:
Monthly
Z-name Not Listed
Mahogany
Clubhouse, Park, Picnic Area
Central Air Conditioner, Dishwasher, Electric Range, Garage Control(s), Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer/Dryer, Window Coverings
N/A
Building Restriction, Pet Restrictions or Board approval Required, Pets Allowed, Utility Right Of Way
Yes
Floor
Type
Size
Other
Main Floor
Kitchen
12'4" × 12'1"
Main Floor
Dining Room
12'7" × 10'10"
Main Floor
Living Room
15'2" × 12'7"
Main Floor
Laundry
8'3" × 3'3"
Upper Level
Bedroom - Primary
10'10" × 10'4"
Upper Level
Walk-In Closet
8'8" × 4'
Upper Level
Bedroom
12'7" × 10'3"
Upper Level
Bedroom
11'7" × 9'2"
Lower Level
Storage
7'1" × 6'9"
Lower Level
Foyer
15'2" × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'2" x 6'9"
Upper Level
Yes
5
8'4" x 8'
Upper Level
No
4
5' x 8'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Double Vanity, High Ceilings, Open Floorplan, Quartz Counters, Tankless Hot Water, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Other
Patio And Porch Features:
Balcony(s), Patio
Lot Features:
Landscaped, See Remarks
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
DC
Listed Date:
Jun 30, 2024
Days on Mkt:
  • Photo 1: 585 Mahogany Road SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2145790
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Listed by Jayman Realty Inc.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
105
Avg list price:
$673,900
Min list price:
$284,999
Max list price:
$2,795,000
Avg days on market:
37
Min days on market:
1
Max days on market:
376
Avg price per sq.ft.:
$455.77
These statistics are generated based on the current listing's property type and located in Mahogany. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706