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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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151 Carringham Way NW Way
Carrington Calgary T4B 3P5

$799,999
Residential beds: 4 baths: 4.0 2,301 sq. ft. built: 2023

House Front
Photo 1: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 2: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 3: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 4: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 5: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 6: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 7: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 8: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 9: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 10: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 11: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 12: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 13: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 14: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 15: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 16: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 17: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 18: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 19: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 20: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 21: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 22: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 23: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 24: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 25: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 26: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 27: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 28: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 29: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 30: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 31: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 32: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 33: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 34: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 35: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 36: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 37: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 38: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 39: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 40: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 41: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 42: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Photo 43: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2163151
Bedrooms:
4
Bathrooms:
4
Year Built:
2023
Welcome to this Stunning 2023 Build Luxury Detached Home in Carrington Northwest community of Calgary, This Fully furnished house offers luxurious living with 2301 sq ft. It features 4 spacious bedrooms and 4 baths including 2 primary bedrooms with walk-in closets and ensuite bathrooms, and a versatile bonus room plus convenience of laundry on the same level. The gourmet kitchen is fitted with quartz countertops, a glass range hood, an ample pantry, and an additional convenient spice kitchen, perfect for culinary enthusiasts. Builder provided side entrance to the basement, with 9 ft high ceilings – a unique upgrade, offers flexibility and potential for additional living space. The property comes furnished with modern furniture, fitted with essential home appliances for added convenience. Moreover, there's a double car garage provided for generous parking space. This property is just a short walk from a bustling plaza with major grocery stores, cafes, restaurants, and a gas station. Additionally, residents can enjoy the convenience of a nearby park for leisure and recreation. This house is not only a dream home but also a lucrative investment opportunity. Ready to move in, this home offers an unmatched blend of luxury, convenience, and comfort. Don't miss the chance to make this beautiful property your own. Contact us today to schedule a viewing!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Up/Down
Total Living Area:
2,301.25 sq. ft.
Main Level Finished Area:
972.88 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,243.66 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
2,992 sq. ft.
Lot Frontage:
38'1"
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:
West
Levels:
Two
End Unit:
No Common Walls
Total Rooms Above Grade:
9
Year built:
2023 (Age: 1)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2210438
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Brick, Mixed, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Garage Door Opener, Garage Faces Front
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
Carrington
Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
Washer/Dryer, Refrigerator, Dishwasher, 2 electric cooktops, Microwave
None Known
Floor
Type
Size
Other
Main Floor
Foyer
8'9" × 6'7"
Main Floor
Living Room
16'1" × 13'3"
Main Floor
Dining Room
15'6" × 11'3"
Main Floor
Kitchen
15'6" × 10'2"
Main Floor
Spice Kitchen
8' × 6'4"
Main Floor
Mud Room
7'11" × 7'2"
2nd Floor
Bedroom - Primary
13'7" × 12'6"
2nd Floor
Bedroom
13'5" × 11'
2nd Floor
Bedroom
12'7" × 9'4"
2nd Floor
Bedroom
11'2" × 9'5"
2nd Floor
Bonus Room
15'1" × 14'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'1" x 5'
2nd Floor
Yes
3
8'3" x 7'9"
2nd Floor
Yes
3
8' x 9'11"
2nd Floor
No
4
8'7" x 5'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Bathroom Rough-in, High Ceilings, Pantry, Quartz Counters
Exterior Features:
Garden
Patio And Porch Features:
None
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-G
Listed Date:
Sep 05, 2024
Days on Mkt:
  • Photo 1: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    House Front
  • Photo 2: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    House Front 2
  • Photo 3: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    House Front 3
  • Photo 4: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Foyer
  • Photo 5: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Hall
  • Photo 6: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Powder Room
  • Photo 7: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Living Room
  • Photo 8: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Living Room
  • Photo 9: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Kitchen
  • Photo 10: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Kitchen
  • Photo 11: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Kitchen
  • Photo 12: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Kitchen
  • Photo 13: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Spice Kitchen
  • Photo 14: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Pantry
  • Photo 15: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Dinning Area
  • Photo 16: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Mud Room
  • Photo 17: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Stairs
  • Photo 18: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Bonus Room
  • Photo 19: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Primary Bed 1
  • Photo 20: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Ensuite Bath & Closet
  • Photo 21: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Walk in Closet
  • Photo 22: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Ensuite Bath
  • Photo 23: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Primary Bed 2
  • Photo 24: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Walk in Closet
  • Photo 25: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Ensuite Bath
  • Photo 26: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Bedroom 3
  • Photo 27: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Bedroom 4
  • Photo 28: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Shared Bath upstairs
  • Photo 29: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Laundry
  • Photo 30: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Garage
  • Photo 31: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Stairs to Basement
  • Photo 32: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Basement
  • Photo 33: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Basement
  • Photo 34: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Backyard
  • Photo 35: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Arial Shot
  • Photo 36: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Grocery Store
  • Photo 37: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Plaza
  • Photo 38: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Park
  • Photo 39: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Park
  • Photo 40: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Park
  • Photo 41: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Floor Plan
  • Photo 42: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Floor Plan
  • Photo 43: 151 Carringham Way NW Way in Calgary: Carrington Detached for sale : MLS®# A2163151
    Floor Plan

Virtual Tour

Virtual Tour

Listed by eXp Realty
Data was last updated November 10, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$595,000
Min list price:
$275,000
Max list price:
$1,198,800
Avg days on market:
39
Min days on market:
1
Max days on market:
131
Avg price per sq.ft.:
$397.28
These statistics are generated based on the current listing's property type and located in Carrington. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706