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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172 Somerside Close SW
Somerset Calgary T2Y 4B5

$575,000
Residential beds: 3 baths: 3.0 1,451 sq. ft. built: 2000

Renovated Kitchen
Photo 1: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 2: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 3: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 4: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 5: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 6: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 7: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 8: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 9: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 10: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 11: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 12: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 13: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 14: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 15: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 16: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 17: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 18: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 19: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 20: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 21: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 22: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 23: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 24: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 25: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 26: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 27: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 28: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 29: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 30: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 31: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 32: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Photo 33: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2171032
Bedrooms:
3
Bathrooms:
3
Year Built:
2000
Excellent Value: This RENOVATED and well-maintained home features over 1950 square feet of living area boasting TWO SPACIOUS DENS, 3 Bedrooms, FINISHED BASEMENT and sunny SOUTH rear yard, perfect for both family life and entertaining. With **2022/2023 NEW ROOF AND SIDING, FURNACE 2021 and Newer KITCHEN.** the big updates in this home are accomplished and ready for you to enjoy. Starting at the foyer, you are welcomed into the comfortable entry that flows into the open concept main floor with updated with luxury vinyl planking. Bright and sunny, with plenty of natural light from the South windows, the KITCHEN has been RENOVATED the past few years with new white cabinetry, backsplash, plenty of counter space, sink and stainless appliances. The generous dining area opens to the patio doors and features charming, built-in seating. The living area also features loads of natural light and is a good size for entertaining. Also on the Main level is an OFFICE, perfect for working from home or turning into your yoga or crafts room. The Upper level reveals a gorgeous king-sized Primary bedroom complete with walk-in closet and 4 pc ensuite. Two more good sized bedrooms are on this level along with a full family bathroom, complete with bright skylight. The Lower level is finished with new flooring, a family-sized media/games area, SECOND DEN, laundry, storage and a designated area for future bathroom. Somerset is a family friendly community featuring two schools, playgrounds, tennis courts and Somerset Waterpark. Within minutes you could be exploring Fish Creek Provincial Park with its’ extensive pathway system or head to nearby Shopping Centre featuring convenient restaurants, grocery stores, shopping and much more. Call to view today.
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
Total Living Area:
1,450.71 sq. ft.
Main Level Finished Area:
738.25 sq. ft.
Upper Level Finished Area:
712.46 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
505.35 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,724 sq. ft.
Lot Frontage:
35'2"
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:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2000 (Age: 24)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0011808
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Somerset
Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
n/a
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
13' × 11'11"
Main Floor
Dining Room
10'11" × 7'8"
Main Floor
Living Room
14'1" × 12'8"
Main Floor
Den
8'7" × 7'11"
2nd Floor
Bedroom - Primary
14'3" × 12'
2nd Floor
Bedroom
12'11" × 9'11"
2nd Floor
Bedroom
12'11" × 9'2"
Basement
Family Room
14'6" × 12'4"
Basement
Office
12'4" × 9'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
No
4
2nd Floor
Yes
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
Interior Features:
Kitchen Island, No Smoking Home
Exterior Features:
Other
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Lane, Back Yard, Low Maintenance Landscape, Landscaped, Level
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Oct 05, 2024
Days on Mkt:
  • Photo 1: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Renovated Kitchen
  • Photo 2: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 2 of 33
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    Photo 3 of 33
  • Photo 4: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 4 of 33
  • Photo 5: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 5 of 33
  • Photo 6: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
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    Photo 7 of 33
  • Photo 8: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 8 of 33
  • Photo 9: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 9 of 33
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    Photo 10 of 33
  • Photo 11: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 11 of 33
  • Photo 12: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 12 of 33
  • Photo 13: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Main floor office
  • Photo 14: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Guest Bath
  • Photo 15: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Primary Suite
  • Photo 16: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 16 of 33
  • Photo 17: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 17 of 33
  • Photo 18: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Ensuite
  • Photo 19: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 19 of 33
  • Photo 20: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Second Bedroom
  • Photo 21: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Third Bedroom
  • Photo 22: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Kids Bathroom
  • Photo 23: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Media are
  • Photo 24: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Media Area
  • Photo 25: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Lower den
  • Photo 26: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 26 of 33
  • Photo 27: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    welcomign Porch
  • Photo 28: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Immaculate snd Renovated
  • Photo 29: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 29 of 33
  • Photo 30: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 30 of 33
  • Photo 31: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Photo 31 of 33
  • Photo 32: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Main Floor Plan
  • Photo 33: 172 Somerside Close SW in Calgary: Somerset Detached for sale : MLS®# A2171032
    Upper Floor Plan
Listed by RE/MAX Real Estate (Central)
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$319,995
Min list price:
$239,900
Max list price:
$729,900
Avg days on market:
38
Min days on market:
2
Max days on market:
92
Avg price per sq.ft.:
$373.89
These statistics are generated based on the current listing's property type and located in Somerset. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706