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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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email Address: Reach out to me at Diane for any inquiries or to request additional information.

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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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125 Montane Link SE
Montrose (High River) High River T1V 0K8

$498,900
Residential beds: 3 baths: 3.0 1,288 sq. ft. built: 2024

Main Photo: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
Photo 1: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
Photo 2: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
Photo 3: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
Photo 4: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
Photo 5: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2165494
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
Welcome to the Cavelle by Hopewell – a brand new home to be built! This 1288 square foot, 3-bedroom home has an open-concept design that flows seamlessly, ideal for entertaining. The main floor has a stylish kitchen with quarter countertops, stainless steel appliances, and island. A convenient mudroom has access to the pantry and a 2-piece washroom, offering extra organization and storage space. Upstairs you will find the laundry, 4-piece washroom, and 3 bedrooms. The primary bedroom is spacious with a walk-in closet and 4-piece ensuite. This family home has quartz counters and undermount sinks in the washrooms, knockdown ceiling texture, and a 9’ foundation height. There is a sunny west-facing backyard and a 20’ x 21’ parking pad. Close to walking paths, Montrose Pond, the recreation centre, parks, tennis courts and schools, this home is in an ideal location. Please click the multimedia tab for an interactive virtual 3D tour and floor plans. Please note: This home is scheduled to be built in 2025, with completion at the end of 2025. Pictures and measurements are a representation of the finished product and the floor plan is for a similar model to the Cavelle. **Hopewell is offer a credit of 50% off the standard basement development (Please see sales rep in the showhome for qualifying basement development, promo can end at any time without notice)**
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,288 sq. ft.
Main Level Finished Area:
636 sq. ft.
Upper Level Finished Area:
652 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
100 sq. ft.
Lot Frontage:
0'
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:
Levels:
Two
Total Rooms Above Grade:
5
Year built:
2024 (Age: 0)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
00000
Heating:
Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
Builder:
Hopewell Homes
New Constr.:
Yes
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Montrose (High River)
Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s)
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
12'5" × 8'4"
Main Floor
Living Room
12'8" × 11'3"
Upper Level
Bedroom - Primary
12'1" × 10'11"
Upper Level
Bedroom
9'3" × 8'11"
Upper Level
Bedroom
9'3" × 8'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
4
0' x 0'
Upper Level
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
Interior Features:
Kitchen Island, Pantry, Quartz Counters, Walk-In Closet(s)
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
None
Region:
Foothills County
Zoning:
TND
Listed Date:
Sep 17, 2024
Days on Mkt:
  • Photo 1: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
    Photo 1 of 5
  • Photo 2: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
    Photo 2 of 5
  • Photo 3: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
    Photo 3 of 5
  • Photo 4: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
    Photo 4 of 5
  • Photo 5: 125 Montane Link SE: High River Detached for sale : MLS®# A2165494
    Photo 5 of 5
Listed by RE/MAX Southern Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$550,000
Min list price:
$274,900
Max list price:
$1,500,000
Avg days on market:
53
Min days on market:
3
Max days on market:
281
Avg price per sq.ft.:
$361.34
These statistics are generated based on the current listing's property type and located in High River. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706