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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16 1220 Prominence Way SW
Patterson Calgary T3H 2B4

$749,990
Residential beds: 2 baths: 2.0 1,707 sq. ft. built: 1982

Main Photo: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
Photo 1: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
Photo 2: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
Photo 3: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
Photo 4: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
Photo 5: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
Photo 6: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
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Photo 47: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2171937
Bedrooms:
2
Bathrooms:
2
Year Built:
1982
Check out our 24/7 virtual open house! Discover your dream home in the highly desirable community of Patterson! This beautifully renovated corner townhome is just steps away from Prominence Park and a short stroll to Patterson Park. With its distinctive 4-level split design, this home perfectly accommodates families at any stage of life. Step inside and be captivated! The main floor boasts a stunning custom multi-tone kitchen, featuring quartz countertops, designer lighting, and high-end appliances. The inviting dining nook flows seamlessly into the spacious living room, complete with a cozy fireplace and an entire wall of windows that overlook the tranquil rear yard. On the third level, indulge in a spa-inspired full bathroom and a generously sized bedroom, which features wall-to-wall windows and a private balcony—perfect for enjoying your morning coffee. Ascend to the upper level to find a breathtaking primary bedroom adorned with vaulted ceilings and its own private balcony. The luxurious ensuite bathroom offers a walk-in shower and a relaxing soaker tub, along with a dream walk-in closet. The fully finished lower level continues to impress with a versatile flex room/office, a large family room with a gas fireplace, a laundry room, and ample storage. A double attached garage and private driveway complete this exceptional home. Enjoy unbeatable access to key amenities, including Sarcee Trail, Downtown, Westside Recreation Centre, and the LRT station. Experience modern living at its finest in this remarkable Patterson gem!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
4 Level Split
Total Living Area:
1,707 sq. ft.
Main Level Finished Area:
667 sq. ft.
Upper Level Finished Area:
882 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
566 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$469.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal
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:
East
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
4 Level Split
End Unit:
1 Common Wall, End Unit
Total Rooms Above Grade:
5
Year built:
1982 (Age: 42)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8311928
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame, Wood Siding
Structure Type:
Five Plus
Roof:
Concrete
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
2
Fireplace Details:
Basement, Gas, Living Room, Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Lower Level
Condo Fee Frequency:
Monthly
Prominence Hills
Patterson
Other
Dishwasher, Dryer, Garage Control(s), Range Hood, Refrigerator, Stove(s), Washer
NA
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
14'7" × 11'
Main Floor
Dining Room
13'8" × 10'3"
Main Floor
Living Room
17' × 15'
3rd Floor
Bedroom
15'5" × 13'2"
4th Floor
Bedroom - Primary
15'1" × 14'4"
Basement
Family Room
16'10" × 14'2"
Basement
Laundry
11'1" × 7'6"
Basement
Flex Space
10'8" × 10'4"
Floor
Ensuite
Pieces
Other
3rd Floor
No
4
4th Floor
Yes
4
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, No Smoking Home, Open Floorplan, Quartz Counters, Recessed Lighting, Soaking Tub, Storage, Vaulted Ceiling(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Corner Lot, Low Maintenance Landscape, Landscaped, Many Trees
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone W
Zoning:
M-CG
Listed Date:
Oct 11, 2024
Days on Mkt:
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    Gorgeous curb appeal
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    Bright entry way
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    Beautiful staircase
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    Modern open concept kitchen
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    Custom kitchen!
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    Modern Hood fan
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    Dining area
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    So much light in this living room
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    Just look at that fireplace!
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    Most beautiful ensuite
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    virtually staged
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    Stunning bedroom
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    Closet of your dreams!
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    Gorgeous bathtub!
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  • Photo 31: 16 1220 Prominence Way SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2171937
    virtually staged
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    Amazing space for your family
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    Laundry Room
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    Private balcony
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Virtual Tour

Listed by Real Broker
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$749,900
Min list price:
$239,900
Max list price:
$2,550,000
Avg days on market:
33
Min days on market:
5
Max days on market:
100
Avg price per sq.ft.:
$410.58
These statistics are generated based on the current listing's property type and located in Patterson. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706