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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2016 8 Avenue NW
West Hillhurst Calgary T2N 4J4

$975,000
Residential beds: 4 baths: 3.0 1,955 sq. ft. built: 1988

Main Photo: 2016 8 Avenue NW in Calgary: West Hillhurst Detached for sale : MLS®# A2157135
Photo 1: 2016 8 Avenue NW in Calgary: West Hillhurst Detached for sale : MLS®# A2157135
Photo 2: 2016 8 Avenue NW in Calgary: West Hillhurst Detached for sale : MLS®# A2157135
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2157135
Bedrooms:
4
Bathrooms:
3
Year Built:
1988
Nestled on a private street backing onto a natural greenspace, this rare inner-city oasis offers 3,617 sq ft of total living space, blending contemporary design with serene surroundings on a 29.5’ x 183’ lot. From the moment you arrive, you’ll be captivated by the lush foliage, rock garden, and 3-tier waterfall leading to an inviting entrance with direct access to a versatile main floor flex space—ideal for a home office, kids' playroom, or a home gym. Ascend the curved cherry hardwood staircase to the living room, where a gas fireplace and patio doors open to a deck offering breathtaking downtown views. The formal dining room, with its vaulted ceilings, adds a touch of grandeur to the space. The renovated maple kitchen is a chef’s delight, featuring granite countertops, top-of-the-line appliances, including a Wolf gas cooktop, and a large window overlooking the private courtyard. The adjacent walk-in pantry, eating nook, and sitting area with a skylight and garden doors seamlessly connect to the courtyard, creating an ideal setting for BBQs and outdoor dining. The primary bedroom is a private retreat with a walk-in closet and a luxurious ensuite boasting a steam shower, his and her sinks, and an additional loft space perfect as a quiet den. The lower-level features three spacious bedrooms and a third family area, all with in-floor heating, along with a walkout to the tranquil courtyard. Additional amenities include updated triple-pane windows and skylights, main floor laundry, air conditioning, exterior glass railings, and an oversized double detached garage and a newly installed furnace for added comfort. This home’s exquisite design is complemented by its prime location, offering easy access to local shops and eateries in Kensington. Whether hosting guests or simply enjoying peace and privacy, this home provides an unparalleled lifestyle. Don’t miss your chance to experience this unique property—schedule your viewing today.
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:
1,955 sq. ft.
Main Level Finished Area:
1,728 sq. ft.
Upper Level Finished Area:
227 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,661 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,371 sq. ft.
Lot Frontage:
29'6"
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:
Levels:
4 Level Split
Total Rooms Above Grade:
6
Year built:
1988 (Age: 36)
Bedrooms:
4 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
3
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
8310108
Heating:
In Floor, Forced Air, Natural Gas
Basement:
Finished, Full, Walk-Up To Grade
Foundation:
Wood
New Constr.:
No
Construction Material:
Concrete, Stucco
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood, Vinyl
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
West Hillhurst
Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Garburator, Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer
NA
Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Kitchen
13'7" × 11'
Main Floor
Living Room
20'2" × 15'1"
Main Floor
Dining Room
14' × 11'4"
Main Floor
Family Room
16'11" × 11'6"
Main Floor
Bedroom - Primary
15'10" × 11'
2nd Floor
Loft
15'11" × 9'5"
Basement
Family Room
19'10" × 12'8"
Basement
Family Room
19'3" × 11'4"
Basement
Bedroom
15'5" × 10'7"
Basement
Bedroom
11'1" × 10'6"
Basement
Bedroom
11'4" × 10'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3'1" x 7'8"
Main Floor
Yes
5
11'6" x 17'1"
Basement
No
4
7'7" x 8'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Built-in Features, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, No Smoking Home, See Remarks, Skylight(s), Soaking Tub, Storage, Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Awning(s), Balcony, BBQ gas line, Courtyard, Garden, Private Yard, Uncovered Courtyard
Patio And Porch Features:
Awning(s), Deck, Patio, Terrace
Lot Features:
Back Lane, Backs on to Park/Green Space, Fruit Trees/Shrub(s), Front Yard, Garden, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-C1N
Listed Date:
Aug 12, 2024
Days on Mkt:
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Listed by Real Broker
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$1,149,900
Min list price:
$285,000
Max list price:
$2,775,000
Avg days on market:
35
Min days on market:
1
Max days on market:
174
Avg price per sq.ft.:
$601.64
These statistics are generated based on the current listing's property type and located in West Hillhurst. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706