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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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20 Royston Walk NW
C-483 Calgary T3L 0K3

$799,000
Residential beds: 3 baths: 3.0 1,839 sq. ft. built: 2024

Main Photo: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 1: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 2: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 3: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 4: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 5: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 6: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 7: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 8: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 9: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 10: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 11: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 12: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 13: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
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Photo 21: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 22: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 23: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 24: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 25: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 26: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 27: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 28: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 29: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 30: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 31: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Photo 32: 20 Royston Walk NW in Calgary: C-483 Detached for sale : MLS®# A2177794
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2177794
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
Welcome to this stylish and elegant home that perfectly combines modern design with thoughtful features, ideal for families or investors! This 1839 sqft property impresses with its contemporary elevation and curb appeal, featuring a high 9-foot ceiling on both the main floor and basement for an open, spacious feel. Located directly across from a beautiful park with desirable south-facing exposure, this home is filled with natural light throughout the day, including in the basement, which features two additional windows for enhanced brightness. The main floor includes a convenient office space, and the kitchen features sleek stainless steel appliances, adding a sleek touch to the practical layout. Upstairs, you’ll find three generously sized bedrooms, a versatile bonus room, and a convenient laundry room. A brand-new central A/C system ensures comfort during Calgary’s warmer months. Outside, the double concrete parking pad offers ample space, and easy access to major highways simplifies commuting and city connections. Don’t miss the chance to start fresh in this beautiful, sunlit home with park views—providing everything needed for comfortable, flexible living in an exceptional location!
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:
1,839.15 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Monthly
HOA Fee Includes:
Lot Area:
3,315 sq. ft.
Lot Frontage:
26'10¾"
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
Levels:
Two
Total Rooms Above Grade:
9
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:
2311385
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$60.00
Haskayne
Park
Central Air Conditioner, Dishwasher, Gas Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
N/A
See Remarks
Floor
Type
Size
Other
Main Floor
Living Room
16'4" × 14'6"
Main Floor
Kitchen
12'7" × 12'4"
Main Floor
Dining Room
13'4" × 12'11"
Main Floor
Office
8'5" × 6'
Main Floor
Foyer
6'7" × 5'
2nd Floor
Bonus Room
13'2" × 11'
2nd Floor
Laundry
6'5" × 5'3"
2nd Floor
Bedroom - Primary
13'3" × 11'7"
2nd Floor
Bedroom
9'9" × 9'5"
2nd Floor
Bedroom
9'9" × 9'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'1" x 4'7"
2nd Floor
No
3
8' x 4'11"
2nd Floor
Yes
4
8' x 4'11"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Lake, Park, Playground, Shopping Nearby
Interior Features:
Breakfast Bar, Built-in Features, Kitchen Island, No Smoking Home, Open Floorplan, Quartz Counters
Exterior Features:
Barbecue, Playground
Patio And Porch Features:
Patio
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-G
Listed Date:
Nov 06, 2024
Days on Mkt:
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Listed by Homecare Realty Ltd.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$877,400
Min list price:
$289,900
Max list price:
$1,848,000
Avg days on market:
41
Min days on market:
5
Max days on market:
115
Avg price per sq.ft.:
$436.02
These statistics are generated based on the current listing's property type and located in C-483. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706