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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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59 Douglas Shore Close SE
Douglasdale/Glen Calgary T2Z 2K7

$839,900
Residential beds: 4 baths: 4.0 2,250 sq. ft. built: 1993

Main Photo: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 1: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 2: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 3: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 4: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 5: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 6: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 7: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 8: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 9: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 10: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 11: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 12: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 13: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 14: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 15: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
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Photo 17: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
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Photo 19: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 20: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 21: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 22: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 23: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 24: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 25: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 26: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
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Photo 31: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 32: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 33: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 34: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 35: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Photo 36: 59 Douglas Shore Close SE in Calgary: Douglasdale/Glen Detached for sale : MLS®# A2168121
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2168121
Bedrooms:
4
Bathrooms:
4
Year Built:
1993
Welcome to 59 Douglas Shore Close, located in the beautiful and highly sought-after community of Douglasdale! Just a short walk to the Bow River, this home offers easy access to serene evening strolls along the riverbank. It's also only steps away from Douglasdale Park, a perfect spot for outdoor activities, and just a 2-minute drive to the Douglasdale Golf Course and nearby schools, making it ideal for families. The fully fenced yard provides a private outdoor oasis, perfect for relaxation and enjoyment. This home has been thoughtfully redesigned and is ready for its next family. Upon entering, you're greeted by sleek level 5 ceilings, giving the home a modern, airy feel. The spacious living and dining rooms at the front of the home offer a warm welcome. As you move towards the back, you'll find the family room and a custom-built kitchen that is a chef's dream. With ample counter space and luxury finishes, this kitchen is ready to impress. The main floor also features a convenient half bathroom and laundry room. Upstairs, you'll discover two generously sized bedrooms, a main bathroom, and the master suite complete with a custom ensuite that leaves no detail overlooked. The fully finished basement includes a large bedroom, a full bathroom, and a wet bar—perfect for movie nights, game nights, or just relaxing after a long day. With the added comfort of central AC, you'll stay cool all summer long.This home truly has it all except its new family! Don’t miss the opportunity to make it yours.
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:
2,250.35 sq. ft.
Main Level Finished Area:
1,218.19 sq. ft.
Upper Level Finished Area:
1,032.15 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,114.61 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,048 sq. ft.
Lot Frontage:
44'
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:
Southwest
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
8
Year built:
1993 (Age: 31)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
9310383
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room
Douglasdale/Glen
Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Breakfast Nook
8'9" × 8'5"
Main Floor
Dining Room
12'11" × 10'2"
Main Floor
Family Room
14' × 11'2"
Main Floor
Kitchen
11'10" × 11'6"
Main Floor
Laundry
9' × 7'
Main Floor
Living Room
19'7" × 13'10"
Main Floor
Office
11'1" × 8'9"
Upper Level
Bedroom
12'1" × 12'1"
Upper Level
Bedroom
12'10" × 11'4"
Upper Level
Bedroom - Primary
14'10" × 14'
Upper Level
Walk-In Closet
11'2" × 7'
Basement
Bedroom
13'5" × 10'9"
Basement
Game Room
21'8" × 21'7"
Basement
Furnace/Utility Room
21'2" × 10'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3'1" x 5'9"
Upper Level
No
4
5'1" x 7'9"
Upper Level
Yes
5
11'2" x 9'6"
Basement
No
4
7'7" x 10'7"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Quartz Counters
Exterior Features:
Dog Run, Private Yard
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Yard, Front Yard, Lawn
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-CG
Listed Date:
Sep 26, 2024
Days on Mkt:
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Listed by Real Broker
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$609,900
Min list price:
$356,900
Max list price:
$1,899,900
Avg days on market:
39
Min days on market:
1
Max days on market:
208
Avg price per sq.ft.:
$412.24
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