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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8 Varshaven Place NW
Varsity Calgary T3A 0E1

$899,900
Residential beds: 4 baths: 3.0 1,269 sq. ft. built: 1968

Main Photo: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 1: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 2: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 3: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 4: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 5: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 6: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 7: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 8: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 9: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 10: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 11: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 12: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 13: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 14: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 15: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 16: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 17: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 18: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
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Photo 20: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 21: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 22: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 23: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 24: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 25: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 26: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 27: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
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Photo 29: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 30: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 31: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 32: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 33: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 34: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 35: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Photo 36: 8 Varshaven Place NW in Calgary: Varsity Detached for sale : MLS®# A2174174
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2174174
Bedrooms:
4
Bathrooms:
3
Year Built:
1968
Walking distance to Market Mall, bus stops & parks is this lovely split-level home tucked away in this quiet cul-de-sac in Northwest Calgary’s highly-desirable neighbourhood of Varsity. This warm & inviting four-level split enjoys hardwood floors & central air, total of 4 bedrooms & 2.5 bathrooms, private treed backyard & oversized 2 car garage plus RV parking pad. Fantastic family home offering spacious South-facing living room with expanse of windows, open to the great-sized dining room with bow window making entertaining & family get-togethers a breeze. Renovated in 2012, the sunny eat-in kitchen has full-height cabinets & undercabinet lighting, garden bay window & the appliances includes a new LG dishwasher in 2023. The upper level has 3 bedrooms – each with hardwood floors, & updated full bathroom with Kohler toilet. The 3rd level – with large windows, is finished with a cozy family room with fireplace, 4th bedroom & guest powder room, along with access to the backyard patio. A big rec room with wet bar is in the 4th level plus another full bathroom, laundry/storage with newer Samsung washer & dryer (2021) & huge crawlspace. Plenty of space for parking with the detached & oversized 2 car garage with front drive access & extended driveway, as well as the rear RV parking pad. Filled with towering mature trees, the backyard is your own private park complete with large patio with firepit & underground sprinklers. Additional improvements include new LUX windows & window coverings in 2015, new furnace in 2024 & air conditioning in 2024. A truly wonderful home in this exclusive location only minutes to schools & Bowmont Park, with quick easy access to the University of Calgary & hospitals (Alberta Children's, Foothills Medical Centre & the new Arthur J.E. Child Cancer Centre), University District, LRT & downtown.
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:
1,269 sq. ft.
Main Level Finished Area:
634 sq. ft.
Upper Level Finished Area:
634 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,016 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
8,449 sq. ft.
Lot Frontage:
19'10"
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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Levels:
4 Level Split
Total Rooms Above Grade:
6
Year built:
1968 (Age: 56)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
5224JK
Heating:
Forced Air, Natural Gas
Basement:
Crawl Space, Finished, Partial
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Metal Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood, Linoleum
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Brick Facing, Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Garage Faces Front, Oversized, Rear Drive, RV Access/Parking
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
In Basement
Varsity
Dishwasher, Dryer, Electric Stove, Freezer, Garburator, Microwave Hood Fan, Refrigerator, Washer, Water Softener, Window Coverings
NOTE: underground sprinklers in backyard only
None Known
Floor
Type
Size
Other
Main Floor
Living Room
17'8" × 12'5"
Main Floor
Dining Room
12'11" × 8'11"
Main Floor
Kitchen
12'7" × 12'4"
Upper Level
Bedroom - Primary
13' × 10'11"
Upper Level
Bedroom
9'11" × 9'9"
Upper Level
Bedroom
11'5" × 10'11"
Lower Level
Family Room
20'9" × 12'8"
Lower Level
Bedroom
11'6" × 11'3"
Basement
Game Room
22' × 12'10"
Basement
Laundry
15'3" × 10'10"
Floor
Ensuite
Pieces
Other
Upper Level
No
4
0' x 0'
Lower Level
No
2
0' x 0'
Basement
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Storage, Wet Bar
Exterior Features:
BBQ gas line, Fire Pit, Garden, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard, Front Yard, Landscaped, Underground Sprinklers, Private, Rectangular Lot, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Oct 20, 2024
Days on Mkt:
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Listed by Royal LePage Benchmark
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$459,900
Min list price:
$195,800
Max list price:
$2,390,000
Avg days on market:
26
Min days on market:
4
Max days on market:
214
Avg price per sq.ft.:
$436.34
These statistics are generated based on the current listing's property type and located in Varsity. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706