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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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  1. Contact Form: Use the contact form on my website to send me a direct message. Please include your name, email address, and a message, and I will respond as soon as possible.

  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.

  4. Live Chat: Utilize the live chat feature on my website for real-time communication and immediate answers to your questions.

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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204 Windsor Avenue
A-7662 Diamond Valley T0L 2A0

$475,000
Residential beds: 4 baths: 2.0 1,115 sq. ft. built: 1954

Main Photo: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 1: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 2: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 3: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 4: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 5: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 6: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 7: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 8: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 9: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 10: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 11: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 12: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 13: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 14: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 15: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 16: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 17: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 18: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 19: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 20: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 21: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 22: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 23: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 24: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 25: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 26: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
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Photo 30: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 31: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
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Photo 34: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 35: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 36: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
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Photo 38: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
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Photo 41: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 42: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 43: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 44: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Photo 45: 204 Windsor Avenue in Diamond Valley: A-7662 Detached for sale : MLS®# A2176819
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2176819
Bedrooms:
4
Bathrooms:
2
Year Built:
1954
Welcome to this newly renovated 4 Bedroom, 2 bathroom bungalow that is conveniently located near schools, parks and shopping and is a perfect family home. On the main level you will find a large bright living room directly off the front door. Beautifully upgraded kitchen features plenty of cupboard space, extra counter space and another large window that looks out into your backyard where you can relax on your deck. Down the hall you will find 2 good sized bedrooms along with a laundry room and 4pce bathroom. Head downstairs where you can entertain in your extra large recreation room. Another two bedrooms and 4 pce bath complete this level. Renovations included new windows, shingles, soffit, vinyl flooring on the main, new carpet in the bsmt, paint (both interior and exterior) new furnace and new hot water tank!!! This property has a large lot, with room for an oversized dbl garage, rv parking and a parking stall in the front. Book your showing today!!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,115 sq. ft.
Main Level Finished Area:
1,115 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
960 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,002 sq. ft.
Lot Frontage:
50'
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:
One
Total Rooms Above Grade:
6
Year built:
1954 (Age: 70)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
3603FD
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Wood
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
NONE
Dishwasher, Refrigerator, Stove(s)
shed
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
15' × 12'
Main Floor
Dining Room
12' × 7'4"
Main Floor
Living Room
20'4" × 11'
Main Floor
Foyer
10' × 4'
Main Floor
Mud Room
11'4" × 7'10"
Main Floor
Laundry
13'4" × 12'6"
Main Floor
Bedroom - Primary
12'2" × 9'6"
Main Floor
Bedroom
10'8" × 9'
Basement
Game Room
24'8" × 10'2"
Basement
Storage
15'8" × 7'8"
Basement
Furnace/Utility Room
8'8" × 4'6"
Basement
Bedroom
12' × 10'
Basement
Bedroom
12'10" × 12'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
See Remarks, Storage
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Landscaped, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Foothills County
Zoning:
R2X
Listed Date:
Nov 01, 2024
Days on Mkt:
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Listed by RE/MAX Landan Real Estate
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Diane Richardson
Cell: 403-397-3706