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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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1526 and 1528 35 Street SE
Albert Park/Radisson Heights Calgary T2A 1B3

$849,900
Residential beds: 9 baths: 4.0 2,343 sq. ft. built: 1978

Main Photo: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 1: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 2: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 3: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 4: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 5: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 6: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 7: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 8: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 9: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 10: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 11: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 12: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 13: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 14: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 15: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 16: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 17: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 18: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 19: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 20: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 21: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 22: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 23: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 24: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 25: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 26: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 27: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 28: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 29: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 30: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 31: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Photo 32: 1526 and 1528 35 Street SE in Calgary: Albert Park/Radisson Heights Full Duplex for sale : MLS®# A2177809
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2177809
Bedrooms:
9
Bathrooms:
4
Year Built:
1978
ILLEGALLY SUITED DUPLEX | 4 RENTAL OPPURTUNITES | SEPARATE ENTRANCES | 3 BEDROOMS MAIN FLOOR UNITS | 2 BEDROOMS + A DEN IN THE BASEMENT UNITS | IN-SUITE LAUNDRY IN ALL UNITS | 2 YEAR OLD ROOF SHINGLES | HUGE FRONT AND BACK YARDS | OFF-STREET PARKING FOR 4 | NEWER WINDOWS | EXTREMELY WALKABLE LOCATION! Savvy investors will love that both sides of this illegally suited duplex are included in the sale – that’s 4 self-contained rental opportunities! 3 bedrooms on the main levels, 2 bedrooms + a den in the basement units and all units have separate entrances and their own separate laundry areas for ultimate privacy! The main floor units have expansive balconies overlooking the community and expansive front yards. The basement units have access to the large backyard with ample space for kids and pets to play. Off-street parking for 4 vehicles too! The roof shingles are 2 years old and the main floor windows were replaced 5 years ago, downstairs windows are only 12 years old. Ideally located within walking distance to parks, schools, shops and transit. Mere minutes away from downtown, trendy Inglewood, Fort Calgary Historic Park, the Calgary Zoo and The Max Bell Arena as well as several major roadways that make travelling in and out of the neighbourhood a breeze! The location alone makes this wonderful 4 unit home an outstanding investment opportunity!
Property Type:
Residential
Property Sub Type:
Full Duplex
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow, Side by Side
Total Living Area:
2,343.18 sq. ft.
Main Level Finished Area:
2,343.18 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
2,016.44 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,501 sq. ft.
Lot Frontage:
50'½"
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:
West
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
12
Year built:
1978 (Age: 46)
Bedrooms:
9 (Above Grd: 6)
Bedrooms Above Grade:
6
Bedrooms Below Grade:
3
Bathrooms:
4.0 (Full:4, Half:0)
Plan:
5498T
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame, Wood Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Unit, Multiple Locations
Albert Park/Radisson Heights
See Remarks
4 fridges, 4 stoves, 4 washers, 4 dryers, all window coverings
None Known
Floor
Type
Size
Other
Main Floor
Living Room
20'3" × 11'4"
Main Floor
Dining Room
10'9" × 9'6"
Main Floor
Kitchen
11'3" × 10'5"
Main Floor
Laundry
6' × 5'11"
Main Floor
Bedroom - Primary
12'2" × 10'5"
Main Floor
Bedroom
12' × 9'6"
Main Floor
Bedroom
10'6" × 8'
Main Floor
Kitchen
11'3" × 10'5"
Main Floor
Living Room
20'3" × 11'4"
Main Floor
Dining Room
10'9" × 9'6"
Main Floor
Laundry
6' × 5'11"
Main Floor
Bedroom - Primary
12'2" × 10'5"
Main Floor
Bedroom
12' × 9'6"
Main Floor
Bedroom
10'6" × 8'
Basement
Living Room
19'1" × 13'
Basement
Kitchen
11'3" × 8'10"
Basement
Furnace/Utility Room
10'7" × 10'6"
Basement
Bedroom
13'8" × 10'1"
Basement
Den
13' × 10'
Basement
Kitchen
11'3" × 8'10"
Basement
Living Room
19'1" × 13'
Basement
Furnace/Utility Room
10'7" × 10'6"
Basement
Bedroom
13'8" × 10'1"
Basement
Bedroom
10'3" × 8'10"
Basement
Den
12' × 10'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Main Floor
No
4
Basement
No
4
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Separate Entrance, Soaking Tub, Storage
Exterior Features:
Lighting
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Lane, Back Yard, Front Yard, Lawn, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-CG
Listed Date:
Nov 08, 2024
Days on Mkt:
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Listed by eXp Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$549,400
Min list price:
$289,900
Max list price:
$849,900
Avg days on market:
49
Min days on market:
5
Max days on market:
103
Avg price per sq.ft.:
$429.61
These statistics are generated based on the current listing's property type and located in Albert Park/Radisson Heights. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706