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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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A 2115 35 Avenue SW
Altadore Calgary T2T 2E4

$499,900
Residential beds: 3 baths: 2.0 859 sq. ft. built: 1981

Main Photo: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 1: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 2: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 3: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 4: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 5: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 6: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 7: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 8: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 9: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 10: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 11: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 12: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 13: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 14: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 15: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 16: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 17: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 18: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 19: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 20: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 21: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 22: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 23: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 24: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 25: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 26: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 27: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 28: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 29: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 30: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 31: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 32: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 33: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 34: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 35: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 36: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 37: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 38: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 39: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 40: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 41: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Photo 42: A 2115 35 Avenue SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2175734
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2175734
Bedrooms:
3
Bathrooms:
2
Year Built:
1981
WELCOME to this pet-friendly 3 bedroom, 2 FULL bathroom townhome in the heart of Marda Loop. Condo fees include utilities such as WATER and HEAT as well as your private parking spot in an attached garage - with an extra long driveway for more parking space - and yard maintenance all year round. The townhome has plenty of open living space, a renovated kitchen, upgraded bathrooms - including a steam shower upstairs! - and a sunny, south-facing yard space for you to enjoy. It is also kid friendly and the neighbours are absolutely wonderful in this cozy fourplex! You're walking distance to all the best shopping, parks and schools that the area has to offer, not to mention you're very close to Sandy Beach park - a wonderful area for walking and relaxing. There is no shortage of amenities a stone's throw away! Call your realtor today for a private showing of this modern gem.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
859 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
420 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$663.26
Condo Fee Includes:
Heat, Insurance, Maintenance Grounds, Parking, Reserve Fund Contributions, Sewer, Water
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:
North
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
1981 (Age: 43)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8210297
Heating:
Baseboard, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
3.0
Parking Total/Covered:
3 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Z-name Not Listed
Altadore
None
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
White couch, BBQ, Bed frames, Ceiling fan
None Known
Yes
Floor
Type
Size
Other
Main Floor
Dining Room
8'7" × 4'10"
Main Floor
Kitchen
10'11" × 7'11"
Main Floor
Living Room
18'1" × 12'4"
2nd Floor
Bedroom - Primary
15'6" × 15'1"
Basement
Bedroom
10'9" × 7'5"
Basement
Bedroom
17'3" × 10'5"
Floor
Ensuite
Pieces
Other
2nd Floor
No
4
11'8" x 9'11"
Basement
No
4
5'8" x 6'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Breakfast Bar, Closet Organizers, Open Floorplan, Quartz Counters, Storage, Walk-In Closet(s)
Exterior Features:
Other
Patio And Porch Features:
Deck
Lot Features:
Landscaped, Rectangular Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Oct 30, 2024
Days on Mkt:
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    Cozy wood burning fireplace
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    Dual sinks
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    Large steam shower
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    Recently upgraded
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    Shared yard with your own private deck
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    Long driveway to shared garage!
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    Neighbourhood amenities
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    Neighbourhood amenities
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    Neighbourhood amenities
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    Neighbourhood amenities
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    Neighbourhood amenities
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    Neighbourhood amenities
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Virtual Tour

Listed by CIR Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$1,150,000
Min list price:
$299,000
Max list price:
$2,599,000
Avg days on market:
19
Min days on market:
2
Max days on market:
277
Avg price per sq.ft.:
$653.01
These statistics are generated based on the current listing's property type and located in Altadore. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706