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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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97 Shawinigan Drive SW
Shawnessy Calgary T2Y 2V7

$599,999
Residential beds: 4 baths: 3.0 1,531 sq. ft. built: 1989

Front with Bus Stop
Photo 1: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 2: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 3: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 4: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 5: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 6: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 7: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 8: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 9: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 10: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 11: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 12: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 13: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 14: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 15: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 16: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 17: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 18: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 19: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 20: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 21: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 22: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 23: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 24: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 25: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 26: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 27: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 28: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 29: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 30: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 31: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 32: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 33: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Photo 34: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162116
Bedrooms:
4
Bathrooms:
3
Year Built:
1989
Welcome to this stunning home located in the highly sought-after neighborhood of Shawnessy! This beautifully updated 4-level split house offers convenience and modern living, with a bus stop right at your driveway and walking distance to schools, shopping centers, and all essential amenities. The home features a spacious garage with a side entrance and has seen significant upgrades, including a new roof in 2022, high-efficiency windows installed in 2023, and all-new exterior doors. The brand-new kitchen boasts modern cabinets, a long kitchen island, a new double sink, and updated appliances, including a new electric stove and fridge from 2023. The open kitchen and dining areas are enhanced by modern lighting and vaulted ceilings, creating a bright and airy atmosphere. Step outside to a large patio, perfect for summer family gatherings, complete with a trampoline and outdoor umbrella for added enjoyment. Additional upgrades include a new washer/dryer, a new hood fan, blinds installed in 2024, a new garage door, and security cameras for extra peace of mind. This home is zoned R-CG, allowing for flexibility in residential use, including single-family homes, duplexes, and more subject to the city approval. Don't miss this opportunity to enjoy comfortable, modern living in a prime location! This opportunity won't last long—contact your favorite realtor to make it yours today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
4 Level Split
Total Living Area:
1,531.07 sq. ft.
Main Level Finished Area:
533.06 sq. ft.
Upper Level Finished Area:
524.18 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
271.58 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,520 sq. ft.
Lot Frontage:
41'1"
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Levels:
4 Level Split
Total Rooms Above Grade:
6
Year built:
1989 (Age: 35)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
8910551
Heating:
Forced Air, Natural Gas
Basement:
Finished, Partial
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Shawnessy
Electric Range, Garage Control(s), Range Hood, Refrigerator, Washer/Dryer
Trampoline, out door umbrella, Furnitures are negotiable
Encroachment, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
13'8" × 10'4"
Main Floor
Dining Room
13'11" × 12'10"
Main Floor
Kitchen
16'4" × 14'7"
2nd Floor
Bedroom - Primary
14'1" × 10'6"
2nd Floor
Bedroom
10'10" × 7'9"
2nd Floor
Bedroom
10'5" × 7'9"
2nd Floor
Walk-In Closet
0 × 0
Lower Level
Family Room
15'10" × 14'11"
Lower Level
Bedroom
9'3" × 9'
Basement
Game Room
22'3" × 13'8"
Basement
Storage
8'9" × 6'2"
Basement
Storage
29'6" × 27'2"
Floor
Ensuite
Pieces
Other
2nd Floor
Yes
3
10'6" x 7'6"
2nd Floor
No
4
5'1" x 8'3"
Lower Level
No
2
9' x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Street Lights
Interior Features:
Kitchen Island, Vaulted Ceiling(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Sep 16, 2024
Days on Mkt:
  • Photo 1: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Front with Bus Stop
  • Photo 2: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Front
  • Photo 3: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Front
  • Photo 4: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    MAIN FLOOR
  • Photo 5: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    MAIN FLOOR
  • Photo 6: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    MAIN FLOOR
  • Photo 7: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    MAIN FLOOR
  • Photo 8: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    MAIN FLOOR
  • Photo 9: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    MAIN FLOOR
  • Photo 10: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    MAIN FLOOR
  • Photo 11: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Stait to First Floor
  • Photo 12: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    PRIMARY BEDROOM -1ST FLLOR
  • Photo 13: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    PRIMARY BEDROOM -1ST FLOOR
  • Photo 14: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    3PC ENSUITE -1ST FLOOR
  • Photo 15: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    2BEDROOM - 1ST FLOOR
  • Photo 16: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    4PC BATH -1ST FLOOR
  • Photo 17: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    BEDROOM -1STFLOOR
  • Photo 18: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    LOWER LEVEL - FAMILY ROOM
  • Photo 19: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    LOWER LEVEL - FAMILY ROOM
  • Photo 20: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    BEDROOM- LOWER LEVEL
  • Photo 21: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    2PC BATH -LOWER LEVEL
  • Photo 22: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    LNDRY- LOWER LEVEL
  • Photo 23: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    REC ROOM -BASEMENT
  • Photo 24: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    REC ROOM -BASEMENT
  • Photo 25: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    DECK
  • Photo 26: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    DECK
  • Photo 27: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    DECK
  • Photo 28: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    DECK AND BACK VIEW
  • Photo 29: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Photo 29 of 34
  • Photo 30: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Photo 30 of 34
  • Photo 31: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Photo 31 of 34
  • Photo 32: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Photo 32 of 34
  • Photo 33: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Photo 33 of 34
  • Photo 34: 97 Shawinigan Drive SW in Calgary: Shawnessy Detached for sale : MLS®# A2162116
    Photo 34 of 34
Listed by CIR Realty
Data was last updated November 10, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$600,000
Min list price:
$289,900
Max list price:
$739,900
Avg days on market:
24
Min days on market:
1
Max days on market:
80
Avg price per sq.ft.:
$388.42
These statistics are generated based on the current listing's property type and located in Shawnessy. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706