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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506 1022 16 Avenue NW
Mount Pleasant Calgary T2M 0K5

$229,900
Residential beds: 1 baths: 1.0 588 sq. ft. built: 1969

Kitchen
Photo 1: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 2: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 3: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 4: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 5: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 6: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 7: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 8: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 9: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 10: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 11: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Photo 12: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2139467
Bedrooms:
1
Bathrooms:
1
Year Built:
1969
UTILITIES INCLUDED!!! HUGE STORAGE SPACE IN-SUITE!!! 24 FOOT COVERED BALCONY WITH SERENE NORTH FACING VIEWS OF LUSH GREENS! ENJOY THE PRIME LOCATION AND CHARMING BUILDING WITHOUT THE ROAD NOISE!! There’s so much to love about this 1 bed 1 bath unit starting with the fact that almost all of the renovations have been completed for you, and just await your final touch. The open concept living/dining space are connected by a large island boasting GRANITE COUNTERTOPS, WHITE CUPBOARDS AND STAINLESS STEEL APPLIANCES. Track lighting modernizes the space and showcases the stunning kitchen renovation beautifully. The bedroom has new LUXURY VINYL PLANK FLOORING and plenty of room for a KING bed and furnishings. The unit also has its own European Washer/Dryer Combo and the building has an extra laundry space for residents. Finally, let’s talk about the highly coveted Mount Pleasant location with mere STEPS TO SAIT, amenities, eateries, and mass transit infrastructure. Move in and avoid dorm living or start your investment portfolio with this incredible and unbeatable unit! QUICK POSSESSION AVAILABLE!!!!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
High-Rise (5+)
Total Living Area:
588.1 sq. ft.
Main Level Finished Area:
588.1 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$540.27
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Electricity, Heat, Professional Management, Reserve Fund Contributions, Trash, Water
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Other
Entry Level:
5
Stories Total:
8
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
1969 (Age: 55)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0614581
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Ceramic Tile, Laminate, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Leased, Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
See Remarks
Condo Fee Frequency:
Monthly
The Neville
Mount Pleasant (Calgary)
Elevator(s), Laundry
Dishwasher, Electric Stove, European Washer/Dryer Combination, Microwave Hood Fan, Refrigerator
N/A
Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Kitchen
13' × 7'8"
Main Floor
Living/Dining Room Combination
17'6" × 12'7"
Main Floor
Foyer
6' × 4'10"
Main Floor
Balcony
24' × 5'
Main Floor
Bedroom
12'3" × 11'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'6"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Granite Counters, Kitchen Island, Open Floorplan, See Remarks, Track Lighting
Exterior Features:
Balcony
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
C-COR1 f5.0h38
Listed Date:
Jun 20, 2024
Days on Mkt:
  • Photo 1: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Kitchen
  • Photo 2: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Photo 2 of 12
  • Photo 3: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Photo 3 of 12
  • Photo 4: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Photo 4 of 12
  • Photo 5: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Large Open Concept Living/Dining Space
  • Photo 6: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Large Open Concept Space
  • Photo 7: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Empty bedroom
  • Photo 8: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Current
  • Photo 9: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    North Facing Views
  • Photo 10: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Bathroom
  • Photo 11: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Main Lobby
  • Photo 12: 506 1022 16 Avenue NW in Calgary: Mount Pleasant Apartment for sale : MLS®# A2139467
    Welcome to the Neville!
Listed by First Place Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$925,000
Min list price:
$229,900
Max list price:
$2,790,000
Avg days on market:
40
Min days on market:
3
Max days on market:
306
Avg price per sq.ft.:
$562.4
These statistics are generated based on the current listing's property type and located in Mount Pleasant. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706