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.

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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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10023 Oakmoor Way SW
Oakridge Calgary T2Y 4A1

$699,900
Residential beds: 4 baths: 3.0 1,181 sq. ft. built: 1971

Main Photo: 10023 Oakmoor Way SW in Calgary: Oakridge Detached for sale : MLS®# A2168487
Photo 1: 10023 Oakmoor Way SW in Calgary: Oakridge Detached for sale : MLS®# A2168487
Photo 2: 10023 Oakmoor Way SW in Calgary: Oakridge Detached for sale : MLS®# A2168487
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Photo 27: 10023 Oakmoor Way SW in Calgary: Oakridge Detached for sale : MLS®# A2168487
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2168487
Bedrooms:
4
Bathrooms:
3
Year Built:
1971
Opportunity knocks at this large lot conveniently located walking distance to grocery stores, schools, daycare, playgrounds, walking paths and recently finished Stoney Trail. For over 40 years the same owners have loved and cared for this home but it is time for a new family to make it their own. Upon entering, you are invited into the large living area with a gas fireplace connecting into the separate, formal dining area. The kitchen extends into the enclosed sunroom looking out into the large, well maintained backyard. The bright and spacious main floor also features 3 large bedrooms with the primary having a private 2 piece ensuite bathroom for extra convenience. The basement is fully developed with an enormous recreation room, bedroom, 4 piece bathroom and large laundry room. The oversized detached garage is insulated and heated for your comfort. Additional features include a central vacuum system, water softener and in ground irrigation system. Don’t wait and take this opportunity and book a 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:
1,181 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,091 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,802 sq. ft.
Lot Frontage:
77'7"
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:
7
Year built:
1971 (Age: 53)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
7371JK
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
2
Fireplace Details:
Basement, Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Oakridge
Dishwasher, Electric Range, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer/Dryer, Water Softener
none
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11'11" × 8'11"
Main Floor
Bedroom
10'11" × 8'11"
Main Floor
Bedroom - Primary
12'6" × 10'11"
Main Floor
Dining Room
15'10" × 13'9"
Main Floor
Foyer
11'4" × 7'
Main Floor
Kitchen
8'5" × 7'10"
Main Floor
Living Room
23' × 15'8"
Basement
Bedroom
13'10" × 8'10"
Basement
Laundry
15'2" × 7'10"
Basement
Game Room
30'7" × 29'10"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
5'7" x 4'4"
Main Floor
No
4
6'7" x 7'7"
Basement
No
3
7'5" x 8'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Tennis Court(s), Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Central Vacuum, No Smoking Home, Storage
Exterior Features:
Garden, Private Yard
Patio And Porch Features:
Enclosed
Lot Features:
Back Yard, Front Yard, Landscaped, Level, Reverse Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Sep 25, 2024
Days on Mkt:
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Listed by eXp Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$478,500
Min list price:
$293,900
Max list price:
$1,550,000
Avg days on market:
13
Min days on market:
5
Max days on market:
104
Avg price per sq.ft.:
$342.33
These statistics are generated based on the current listing's property type and located in Oakridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706