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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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4 3512 15 Street SW
Altadore Calgary T2T 4A3

$829,000
Residential beds: 4 baths: 4.0 1,617 sq. ft. built: 2024

Main Photo: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 1: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 2: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 3: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 4: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 5: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 6: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 7: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 8: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 9: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 10: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 11: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 12: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 13: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 14: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 15: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 16: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 17: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 18: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 19: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 20: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 21: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 22: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 23: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 24: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 25: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 26: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 27: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 28: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 29: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 30: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Photo 31: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2160204
Bedrooms:
4
Bathrooms:
4
Year Built:
2024
ONE LAST UNIT LEFT! Introducing the Residences in Altadore, where the location is as impressive as the living spaces! 1 unit left in this newly built 4plex completed July 2024. built over 2 floors + basement level, this rare townhouse offers over 2,400 Sq.ft of living space, this unit has A gourmet kitchen highlights an abundance of custom cabinets, quartz countertops, a breakfast bar for casual meals, and stainless steel appliances. The dining area connects effortlessly to the kitchen, providing a perfect setting to entertain friends and family with your culinary creations. Enjoy the high ceiling (10') , which boasts plenty of room for furniture, creating an inviting and relaxing environment to unwind at the end of the day. A large mudroom with storage closet and a bench when entering the home from the side door give you the option to keep your front entrance clean and organized. Rounding out this level is a convenient two-piece powder room and a flex area for either a reading area, nook or a working desk. The attached garage is a rare find in a townhouse and the most convenient way to access your home. The upper level provides massive windows straight in to your private Terrace for year round use, facing south for year round sun exposure. Use the terrace for your BBQ and private outdoor space. Also on the upper level, a rare 3 bedrooms. The Primary bedroom offers a spacious walking in closet and a private 4pc Ensuite. Other 2 bedrooms feature a luxurious shared 4pc bathroom. The laundry room is conveniently located on the top floor for added practicality. A fully developed lower level features a 4th bedroom, HUGE versatile recreation room, a well-appointed four-piece bath, and a spacious storage room. Fully landscaped and snow maintained year round. The attached garage with high ceilings for extra hanging storage. Experience the ultimate in urban living in this Altadore prime location with the rare size of the unit over 2 floors. A prime location, functional, sleek design, and an array of amenities within walking distance make this the perfect place to call home.
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:
1,617 sq. ft.
Main Level Finished Area:
787 sq. ft.
Upper Level Finished Area:
830 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
687 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$200.00
Condo Fee Includes:
Insurance, Reserve Fund Contributions, Snow Removal, Water
HOA Fee Includes:
Lot Frontage:
25'
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:
Unit Exposure:
South, West
Entry Level:
1
Stories Total:
2
Levels:
Two
End Unit:
2+ Common Walls, No One Above, No One Below
Total Rooms Above Grade:
7
Year built:
2024 (Age: 0)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2411627
Electricity:
100 Amp Service
Heating:
High Efficiency, In Floor, ENERGY STAR Qualified Equipment, Make-up Air, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
Builder:
SNG-Development Group Inc
New Constr.:
Yes
Construction Material:
Concrete, Manufactured Floor Joist, Stucco, Wood Frame
Structure Type:
Four Plex
Roof:
Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Water Supply:
Public
Sewer:
Public Sewer
Garage:
1
Garage Spaces:
1
Parking:
Alley Access, Single Garage Attached
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Altadore
Laundry
Electric Range, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Garage Control(s), Gas Water Heater, Humidifier, Microwave, Range, Range Hood
None
None Known
Yes
Floor
Type
Size
Other
Main Floor
Dining Room
11'4" × 6'8"
Main Floor
Living Room
15'5" × 12'1"
Main Floor
Foyer
14'2" × 7'9"
Main Floor
Kitchen
15'1" × 8'8"
Main Floor
Mud Room
4'3" × 4'
Upper Level
Balcony
14'8" × 9'11"
2nd Floor
Bedroom - Primary
12'10" × 11'4"
2nd Floor
Walk-In Closet
6'8" × 4'4"
2nd Floor
Bedroom
10'2" × 9'10"
2nd Floor
Bedroom
10'2" × 9'10"
2nd Floor
Laundry
4'4" × 2'11"
Lower Level
Family Room
25'8" × 11'1"
Lower Level
Bedroom
10'2" × 9'11"
Lower Level
Furnace/Utility Room
12'4" × 6'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3'11" x 8'2"
2nd Floor
Yes
4
5'3" x 12'6"
2nd Floor
No
4
5'4" x 8'10"
Lower Level
No
4
7'2" x 8'4"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Built-in Features, Double Vanity, High Ceilings, Kitchen Island, No Smoking Home, Quartz Counters, Recessed Lighting, Sump Pump(s), Walk-In Closet(s)
Exterior Features:
Balcony, Private Entrance
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Lane, Front Yard, Garden, Low Maintenance Landscape, Interior Lot, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Aug 27, 2024
Days on Mkt:
  • Photo 1: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Photo 1 of 31
  • Photo 2: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Exterior
  • Photo 3: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Front entry
  • Photo 4: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Foyer
  • Photo 5: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
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  • Photo 6: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Powder room
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  • Photo 11: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Dining area
  • Photo 12: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Living room
  • Photo 13: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
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    Photo 15 of 31
  • Photo 16: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Upper balcony
  • Photo 17: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    2nd bedroom
  • Photo 18: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    3rd bedroom,
  • Photo 19: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
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  • Photo 20: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    main bath
  • Photo 21: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
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  • Photo 22: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    primary bedroom
  • Photo 23: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Photo 23 of 31
  • Photo 24: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Walk in closet
  • Photo 25: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
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  • Photo 26: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    PrimaryEnsuite
  • Photo 27: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    development basement
  • Photo 28: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Photo 28 of 31
  • Photo 29: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    basement bedroom
  • Photo 30: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    Photo 30 of 31
  • Photo 31: 4 3512 15 Street SW in Calgary: Altadore Row/Townhouse for sale : MLS®# A2160204
    AttachedGarage
Listed by 2% Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,219,000
Min list price:
$399,000
Max list price:
$2,599,000
Avg days on market:
20
Min days on market:
3
Max days on market:
278
Avg price per sq.ft.:
$650.82
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