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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2359 22A Street NW
Banff Trail Calgary T2M 3X6

$839,900
Residential beds: 4 baths: 2.0 937 sq. ft. built: 1952

Main Photo: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 1: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 2: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 3: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 4: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 5: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 6: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 7: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 8: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 9: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 10: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 11: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 12: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 13: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 14: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 15: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 16: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 17: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 18: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 19: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 20: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 21: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 22: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Photo 23: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2153982
Bedrooms:
4
Bathrooms:
2
Year Built:
1952
The city has re-zoned this SOUTH WEST BACK YARD lot R-CG! With it being one house from the corner there would be ample parking for a 4-plex with legal suites, this is a golden opportunity for investment. Right now, the house has a legal 2 bedroom basement suite, new roof, some new flooring and windows and is a perfect (University) rental/holding property. Besides the 4 beds, there's parking for at least 4 cars in the back, and storage for another in an oversized garage; should you wish to rent to students (the house is a two minute walk to the LRT - one stop to University!) There are million dollar new builds on the street and streets surrounding this lot. So much potential!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
Bungalow
Total Living Area:
937 sq. ft.
Main Level Finished Area:
937 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,995 sq. ft.
Lot Frontage:
50'
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
Levels:
One
Total Rooms Above Grade:
4
Year built:
1952 (Age: 72)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9110GI
Heating:
Central, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Block
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Attached Carport, Oversized, Single Garage Detached
Parking Places:
5.0
Parking Total/Covered:
5 / -
Laundry Features:
In Basement
Banff Trail
Dishwasher, Dryer, Electric Oven, Gas Water Heater, Refrigerator, See Remarks
n/a
None Known
Floor
Type
Size
Other
Main Floor
Living/Dining Room Combination
26'3" × 11'
Main Floor
Kitchen
13'10" × 8'8"
Main Floor
Bedroom - Primary
14'6" × 9'9"
Main Floor
Bedroom
12'8" × 10'8"
Basement
Bedroom
10'3" × 9'11"
Basement
Bedroom
10'9" × 9'11"
Basement
Kitchen
11'11" × 10'9"
Basement
Living Room
14'1" × 10'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'7" x 8'4"
Basement
No
3
6'1" x 9'1"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
See Remarks
Exterior Features:
Garden, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Front Yard, Lawn, Landscaped, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-C2
Listed Date:
Aug 01, 2024
Days on Mkt:
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  • Photo 23: 2359 22A Street NW in Calgary: Banff Trail Detached for sale : MLS®# A2153982
    parking for up to 5 vehicles
Listed by First Place 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