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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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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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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2207 Victoria Crescent NW
Banff Trail Calgary T2M 4E4

$949,999
Residential beds: 3 baths: 2.0 1,289 sq. ft. built: 1953

Main Photo: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 1: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 2: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 3: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 4: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 5: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 6: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 7: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 8: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 9: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 10: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
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Photo 21: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 22: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 23: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 24: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
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Photo 29: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Photo 30: 2207 Victoria Crescent NW in Calgary: Banff Trail Detached for sale : MLS®# A2149634
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2149634
Bedrooms:
3
Bathrooms:
2
Year Built:
1953
Discover an extraordinary opportunity in the heart of Banff Trail—one of Calgary's most sought-after neighborhoods. This exceptional property boasts a massive 8,675 sq ft lot, offering endless possibilities for development or creating your dream home. With a 61-foot frontage, approximately 120 feet of depth, and an expansive 93-foot width at the back, this lot is a rare find in a location where luxury redevelopment is flourishing on every street. Just minutes from downtown Calgary, the University of Calgary, SAIT, North Hill Mall, McMahon Stadium, Foothills Hospital, Children's Hospital, and the vibrant University District, this property combines unparalleled convenience with the tranquility of a well-established community. Top-rated schools are within walking distance, making it an ideal location for families. Step inside to explore over 2,790 sq ft of well-designed living space. The main floor is bright and spacious, featuring a large family room, a dining area, two generously sized bedrooms, and a full bath. The property also includes a unique covered pool area, perfect for year-round enjoyment. Completing the package is an oversized single garage with ample storage space, easily accessible from the back lane. Whether you’re looking to enjoy the home as it stands, capitalize on its rental potential, or embark on a transformative redevelopment project, this property promises significant returns and the comfort of living in one of Calgary’s premier neighbourhoods. Seize this rare opportunity to invest in a property where the possibilities are as vast as the lot itself. Your vision awaits in Banff Trail—Calgary’s destination for upscale living and smart investment.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,289.37 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
8,675 sq. ft.
Lot Frontage:
61'1"
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:
Northeast
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
5
Year built:
1953 (Age: 71)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9110GI
Heating:
Central
Basement:
Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
None
Fireplaces:
2
Fireplace Details:
None
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Other
Banff Trail
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
15' × 11'2"
Main Floor
Bedroom
12'10" × 9'9"
Main Floor
Kitchen
13'8" × 8'11"
Main Floor
Dining Room
13'9" × 7'11"
Main Floor
Living Room
23'3" × 12'8"
Basement
Bedroom
16'10" × 10'5"
Basement
Flex Space
13' × 7'5"
Basement
Family Room
22' × 11'8"
Basement
Game Room
16'8" × 9'
Basement
Laundry
13'2" × 7'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'2" x 9'2"
Basement
No
3
7' x 8'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Bookcases, Built-in Features, Laminate Counters, Open Floorplan, Separate Entrance
Exterior Features:
Fire Pit, Garden, Playground
Patio And Porch Features:
Other
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-C2
Listed Date:
Aug 21, 2024
Days on Mkt:
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Listed by eXp Realty
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,034,500
Min list price:
$199,900
Max list price:
$2,150,000
Avg days on market:
30
Min days on market:
1
Max days on market:
76
Avg price per sq.ft.:
$641.95
These statistics are generated based on the current listing's property type and located in Banff Trail. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706