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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97 Cramond Close SE
Cranston Calgary T3M 1C1

$550,000
Residential beds: 2 baths: 3.0 1,355 sq. ft. built: 2001

Main Photo: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 1: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 2: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 3: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 4: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 5: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 6: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 7: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 8: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 9: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 10: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 11: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 12: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 13: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 14: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 15: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 16: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 17: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 18: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 19: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 20: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 21: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 22: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 23: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 24: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 25: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 26: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 27: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 28: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 29: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 30: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Photo 31: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2175830
Bedrooms:
2
Bathrooms:
3
Year Built:
2001
Unbelieveable Value for $550,000!! Located on a quiet street, on a large mature lot, this house will surely check all of the boxes. Entering the main level of the home you will find a spacious living room with laminate flooring and an inviting gas fireplace. The large "eat in" kitchen is light and bright with white cabinets and ceramic tile, stainless steel appliances and a large center island. The eating area overlooks the fantastic backyard via the large bay window and the main level is complete with a convenient 2 piece powder room and main floor laundry. Upstairs is a large master retreat, complete with walk in closet and 4 piece ensuite bath. There is a second bedroom and another 4 piece bathroom and an open bonus area that is perfect for an office, living area or could easily be turned into a generous 3rd bedroom. The basement is developed with a cozy living area and a separate room that is currently used as a fitness area. Another bedroom could easily be added downstairs if a third or fourth is needed. Out back you will enjoy a beautiful, private yard complete with mature trees and a large deck, perfect for entertaining. The double detached garage is oversized with 200 amp power, extra storage and plenty of room for your full size truck and workshop. As a bonus, there is a large back gate and paved driveway off the alley allowing for the always popular private RV parking. This home has been well maintained and includes many updates throughout including Central AC and newer roofing on both the home and garage. This house is located near the schools and parks and has easy access to shopping and transit. This is a rare opportunity to purchase a great family home without breaking the bank. Check out the virtual tour and then book your in person showing 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:
1,355 sq. ft.
Main Level Finished Area:
686 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,896 sq. ft.
Lot Frontage:
25'11"
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:
Northeast
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northeast
Floor Location:
Ground
Levels:
Two
Total Rooms Above Grade:
6
Year built:
2001 (Age: 23)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0110964
Heating:
Forced Air, Natural Gas
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, Ceramic Tile, Laminate
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Garage:
1
Garage Spaces:
2
Parking:
220 Volt Wiring, Alley Access, Double Garage Detached, Garage Door Opener, RV Access/Parking
Parking Places:
3.0
Parking Total/Covered:
3 / -
Laundry Features:
In Bathroom, Laundry Room, Main Level
Cranston
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Washer
NA
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
12'9" × 11'6"
Main Floor
Dining Room
12'9" × 9'11"
Main Floor
Living Room
14'11" × 14'5"
Main Floor
Laundry
7'7" × 5'5"
2nd Floor
Bedroom
12'3" × 9'3"
2nd Floor
Bedroom - Primary
14'5" × 10'8"
2nd Floor
Bonus Room
13'2" × 9'3"
Lower Level
Game Room
17'3" × 14'7"
Lower Level
Exercise Room
16'1" × 9'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
2nd Floor
No
4
0' x 0'
2nd Floor
Yes
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s)
Interior Features:
Kitchen Island
Exterior Features:
Fire Pit, Private Yard
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Lane, Back Yard, Irregular Lot, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Oct 28, 2024
Days on Mkt:
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  • Photo 15: 97 Cramond Close SE in Calgary: Cranston Detached for sale : MLS®# A2175830
    Bonus area - Easily converted to a 3rd bedroom
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Virtual Tour

Virtual Tour

Listed by CIR Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$630,000
Min list price:
$264,900
Max list price:
$1,650,000
Avg days on market:
34
Min days on market:
1
Max days on market:
118
Avg price per sq.ft.:
$399.93
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706