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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When contacting me, please ensure to include the property address or MLS® number for the listing you are interested in. I look forward to hearing from you!

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801 123 4 Street NE
Crescent Heights Calgary T2E 3S2

$374,900
Residential beds: 2 baths: 1.0 624 sq. ft. built: 2023

Main Photo: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 1: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 2: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 3: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 4: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 5: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 6: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 7: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
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Photo 10: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
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Photo 12: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
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Photo 17: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
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Photo 19: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Photo 20: 801 123 4 Street NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2164972
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2164972
Bedrooms:
2
Bathrooms:
1
Year Built:
2023
AIRBNB ALLOWED | DOWNTOWN VIEWS | CORNER UNIT | STEPS FROM SHOPPING, PARKS, AND RIVER | TITLED UNDERGROUND PARKING & STORAGE | Perched at the edge of Bridgeland and Crescent Heights, this stunning condo developed by Minto Communities offers the perfect blend of modern living and urban convenience. This corner unit features 2 bedrooms and 1 bathroom, bathed in natural light from its west-facing position. Enjoy breathtaking views of downtown Calgary from your private balcony, perfect for relaxing or entertaining. Step inside to an open floorplan where a bright kitchen awaits, complete with a large island with seating, quartz countertops, stainless steel appliances, and in-suite laundry for convenience. Safety and community are paramount, with a smart security system and resident engagement system integrated into the unit. Enjoy one-way video calling, facial recognition access, package locker integration, community messaging, and virtual concierge services. Take advantage of the building's rooftop patio, offering unobstructed views of the downtown skyline, firepits, and barbecues, creating a perfect space for hosting guests. Additionally, there is an indoor workspace for your professional needs. Location is everything, and this condo is steps away from shops, parks, restaurants, playgrounds, the river pathway system, downtown Calgary, and the Bridgeland LRT station. Whether you're looking for a great rental investment or a vibrant place to call home, this condo is ideal for anyone wanting to be close to countless amenities within walking distance. Don't miss out on this opportunity to live in one of Calgary's most sought-after neighborhoods!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
High-Rise (5+)
Total Living Area:
624.49 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$386.32
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Reserve Fund Contributions, Snow Removal, Trash, 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:
Northwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northwest, West
Floor Location:
Other
Entry Level:
8
Stories Total:
14
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2023 (Age: 1)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
2311203
Heating:
Fan Coil
New Constr.:
No
Construction Material:
Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Parkade, Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Crescent Heights
Elevator(s), Roof Deck, Secured Parking, Storage, Trash, Visitor Parking
Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Refrigerator, Washer
N/A
None Known
Yes
Floor
Type
Size
Other
Main Floor
Kitchen With Eating Area
14'6" × 8'4"
Main Floor
Bedroom - Primary
11'2" × 8'8"
Main Floor
Bedroom
9'4" × 8'9"
Main Floor
Living Room
11'2" × 9'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8' x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Kitchen Island, No Animal Home, No Smoking Home, Storage
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Sep 11, 2024
Days on Mkt:
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Listed by RE/MAX Real Estate (Central)
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$377,390
Min list price:
$185,000
Max list price:
$2,100,000
Avg days on market:
33
Min days on market:
1
Max days on market:
135
Avg price per sq.ft.:
$457.26
These statistics are generated based on the current listing's property type and located in Crescent Heights. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706