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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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145 Waskatenau Crescent
Westgate Calgary T3C 2X7

$880,000
Residential beds: 5 baths: 2.0 1,025 sq. ft. built: 1959

145 Waskatenau Crescent SW
Photo 1: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 2: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 3: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 4: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 5: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 6: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 7: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 8: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 9: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 10: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 11: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 12: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 13: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 14: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 15: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 16: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 17: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 18: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 19: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 20: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 21: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 22: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 23: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Photo 24: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2172472
Bedrooms:
5
Bathrooms:
2
Year Built:
1959
Welcome to 145 Waskatenau Crescent SW in the highly sought-after community of Westgate! This sweet little 1025sqft bungalow is situated on a spacious 60’ x 100’ corner lot and has been lovingly maintained for the last 39 years. Perfect for builders, developers, and investors, this property also offers a wonderful opportunity for those looking to settle in an established neighborhood. Enjoy the convenience of nearby shopping, restaurants, schools, and parks, with the added bonus of the LRT just a block away! The main floor features hardwood flooring, three bedrooms, and a main bathroom. The kitchen, dining and living room all have large windows that invite plenty of natural light in. The recently developed basement includes a 2-bedroom illegal suite with a discreet entrance, perfect for potential rental income. The backyard is a gardener's paradise, complete with fruit trees and a single detached garage and parking pad. Come explore the potential of this lovely home and the vibrant community it’s nestled in!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,025 sq. ft.
Main Level Finished Area:
1,025 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
936 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,898 sq. ft.
Lot Frontage:
60'2⅞"
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:
West
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
7
Year built:
1959 (Age: 65)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
4994HN
Heating:
Forced Air
Basement:
Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Laminate, Tile
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Alley Access, Off Street, Parking Pad, Single Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Westgate (Calgary)
Dishwasher, Dryer, Gas Range, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Window Coverings
Shed along east fence.
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
10'1" × 7'10"
Main Floor
Bedroom
11'5" × 9'
Main Floor
Dining Room
9'2" × 9'
Main Floor
Foyer
11'5" × 6'
Main Floor
Kitchen
11'5" × 11'
Main Floor
Living Room
14'2" × 12'4"
Main Floor
Bedroom - Primary
13'7" × 9'11"
Basement
Bedroom
11'8" × 7'7"
Basement
Bedroom
11'11" × 8'1"
Basement
Kitchen
11'9" × 11'3"
Basement
Game Room
18'7" × 9'9"
Basement
Storage
5'2" × 3'9"
Basement
Furnace/Utility Room
26' × 12'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 8'
Basement
No
3
9'7" x 5'2"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Smoking Home
Exterior Features:
Garden, Private Entrance, Private Yard
Patio And Porch Features:
Porch
Lot Features:
Back Lane, Back Yard, Corner Lot, Front Yard, Lawn, Garden, Level, Private, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone W
Zoning:
R-CG
Listed Date:
Oct 10, 2024
Days on Mkt:
  • Photo 1: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    145 Waskatenau Crescent SW
  • Photo 2: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    HUGE lot!
  • Photo 3: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Welcome!
  • Photo 4: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Photo 4 of 24
  • Photo 5: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Family Room
  • Photo 6: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Dining Room
  • Photo 7: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Kitchen
  • Photo 8: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Kitchen
  • Photo 9: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Kitchen
  • Photo 10: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Primary Bedroom
  • Photo 11: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Photo 11 of 24
  • Photo 12: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Upstairs Bedroom (1)
  • Photo 13: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Upstairs Bedroom (2)
  • Photo 14: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Upstairs Main Bath
  • Photo 15: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Gardener's Paradise!
  • Photo 16: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Photo 16 of 24
  • Photo 17: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Basement Kitchen
  • Photo 18: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Basement Living Area
  • Photo 19: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Basement Living Area
  • Photo 20: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Basement Bedroom (1)
  • Photo 21: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Basement Bedroom (2)
  • Photo 22: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Basement Bathroom
  • Photo 23: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    Location, location, location!
  • Photo 24: 145 Waskatenau Crescent in Calgary: Westgate Detached for sale : MLS®# A2172472
    45 Street LRT Station
Listed by CIR Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
4,937
Avg list price:
$589,000
Min list price:
$159,900
Max list price:
$10,000,000
Avg days on market:
35
Min days on market:
1
Max days on market:
473
Avg price per sq.ft.:
$435.58
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706