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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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323 255 Les Jardins Park SE
Douglasdale/Glen Calgary T2C 5V3

$482,900
Residential beds: 2 baths: 2.0 901 sq. ft. built: 2022

Main Photo: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Photo 1: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Photo 2: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Photo 3: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Photo 4: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Photo 5: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Photo 6: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
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Photo 22: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
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Photo 24: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Photo 25: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
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Photo 30: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
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Photo 34: 323 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2124644
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2124644
Bedrooms:
2
Bathrooms:
2
Year Built:
2022
** ALERT – NEW MORTGAGE INFO ** This home qualifies for the 30-year amortization for first-time buyers' mortgages ** Jayman Financial Brokers now available to sign-up ** LOVE YOUR LIFESTYLE! Les Jardins by Jayman BUILT next to Quarry Park. Inspired by the grand gardens of France, you will appreciate the lush central garden of Les Jardins. Escape here to connect with Nature while you savor the colorful blooms and vegetation in this gorgeous space. Ideally situated within steps of Quarry Park, you will be more than impressed. Welcome home to 70,000 square feet of community gardens, a stunning Fitness Centre, a Dedicated dog park for your fur baby, and an outstanding OPEN FLOOR PLAN with unbelievable CORE PERFORMANCE. You are invited into a thoughtfully planned 2 Bedroom, 2 Full Bath plus expansive 33-foot balcony beautiful Condo boasting QUARTZ COUNTERS throughout, sleek STAINLESS STEEL WHIRLPOOL APPLIANCES featuring a Whirlpool, refrigerator with French doors and built-in ice and water, dishwasher with stainless steel interior, slide in stainless steel electric convection range with ceramic cooktop and microwave range hood combo. Luxury Vinyl Plank Flooring, High End Fixtures, Smart Home Technology, A/C and your very own in suite WASHER AND DRYER. This beautiful suite offers bright bedrooms with large windows, a storage area with a hanging rack, a large Primary Suite with a walk-in closet and en suite, a spacious dining/living area with sliding doors, an open concept layout between the kitchen, dining, and living room, and ample kitchen and bathroom counter space. STANDARD INCLUSIONS: Solar panels to power common spaces, smart home technology, air conditioning, state-of-the-art fitness center, high-end interior finishings, ample visitor parking, luxurious hallway design, forced air heating and cooling, and window coverings in bedrooms. Offering a lifestyle of easy maintenance where the exterior beauty matches the interior beauty with seamless transition. Les Jardins features central gardens, a walkable lifestyle, maintenance-free living, nature nearby, quick and convenient access, smart and sustainable, fitness at your fingertips, and quick access to Deerfoot Trail and Glenmore Trail. It is located 20 minutes from downtown, minutes from the Bow River and pathway system, and within walking distance to shopping, dining, and amenities. Schedule your appointment today!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
900.67 sq. ft.
Main Level Finished Area:
900.67 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$444.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions
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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Ground
Entry Level:
3
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2022 (Age: 2)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2110851
Heating:
Fan Coil, Forced Air, Natural Gas
Foundation:
Poured Concrete
Builder:
Jayman BUILT
New Constr.:
Yes
Construction Material:
Cement Fiber Board, See Remarks, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle, Tar/Gravel
Ensuite:
Yes
Flooring:
Carpet, Vinyl
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Secured, Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Laundry Room
Condo Fee Frequency:
Monthly
Les Jardins
Douglasdale/Glen
Community Gardens, Dog Park, Elevator(s), Fitness Center, Gazebo, Parking, Picnic Area, Secured Parking, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
N/A
Pets Allowed
Yes
Floor
Type
Size
Other
Main Floor
Laundry
8'4" × 3'5"
Main Floor
Kitchen
10'8" × 8'8"
Main Floor
Living/Dining Room Combination
18'9" × 11'6"
Main Floor
Bedroom
11'7" × 9'11"
Main Floor
Bedroom - Primary
12'9" × 9'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'11" x 8'10"
Main Floor
Yes
3
8'7" x 8'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Closet Organizers, High Ceilings, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Recessed Lighting, Smart Home, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Courtyard, Garden
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-C1
Listed Date:
Apr 19, 2024
Days on Mkt:
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Virtual Tour

3D Tour

Listed by Jayman Realty Inc.
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$629,900
Min list price:
$363,900
Max list price:
$1,899,900
Avg days on market:
35
Min days on market:
1
Max days on market:
154
Avg price per sq.ft.:
$481.65
These statistics are generated based on the current listing's property type and located in Douglasdale/Glen. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706