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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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206 Citadel Meadow Grove NW
Citadel Calgary T3G 4K9

$665,000
Residential beds: 3 baths: 4.0 1,535 sq. ft. built: 1998

Front house
Photo 1: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 2: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 3: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 4: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 5: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 6: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 7: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 8: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 9: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 10: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 11: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 12: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 13: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 14: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 15: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 16: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 17: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 18: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 19: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 20: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 21: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 22: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 23: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 24: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 25: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 26: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 27: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 28: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 29: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 30: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 31: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 32: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 33: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 34: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 35: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 36: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 37: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 38: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Photo 39: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2158756
Bedrooms:
3
Bathrooms:
4
Year Built:
1998
Price reduced recently to $665,000.00. Your dream home awaits in Citadel Meadow Grove. Perfect for families- Friends or Retirees. This charming 2-storey home is nestled in the heart of Citadel Meadow Grove , a family- friendly , , and neighborhood known for its excellent schools, parks, and amenities. With its spacious layout and thoughtful design, this property is ideal for both growing families and retirees seeking a peaceful retreat . Upgraded almost: all of the windows , fences, 2 storm doors . Moreover, front door is very strong to protect the fire come with multiple locks; the back door both designed by a famous windows and doors in Calgary, Furnace hot water tanks, refrigerator, and garage door , recently changed ; the hard wood floor from the kitchen to the hall way entrance has also changed 2 years ago. Only a few minutes walking to the Citadel Park Elementary School, the playground , and the daycare too. The roof is still good , the roof has been changed since 2012. Buyers feel free to check with any license company roofing in the city of Calgary after their offer has accepted by seller. Good Luck to all of realtors who are representing for all of the buyers . Thanks for your showings .
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:
1,534.9 sq. ft.
Main Level Finished Area:
814.7 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,757 sq. ft.
Lot Frontage:
45'1"
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:
Northwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northwest
Floor Location:
Below Grade
Levels:
Two
Total Rooms Above Grade:
6
Year built:
1998 (Age: 26)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
9712377
Heating:
High Efficiency, Electric, Fireplace(s), Floor Furnace, Forced Air, Hot Water, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Concrete, Hardwood, Vinyl, Vinyl Plank
Cooling:
Full
Fireplaces:
2
Fireplace Details:
Dining Room, Gas Log, Gas Starter, Recreation Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Off Street
Parking Places:
8.0
Parking Total/Covered:
8 / -
Laundry Features:
Electric Dryer Hookup, In Hall, Laundry Room, Main Level, Other, Washer Hookup
Citadel
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Cristal lights from the ceiling , BBQ and the set of table and chair at the back yard, hood fan
Call Lister
Floor
Type
Size
Other
Main Floor
Entrance
18'11" × 5'11"
Main Floor
Dining Room
13'2" × 9'9"
Main Floor
Pantry
3'8" × 3'7"
Main Floor
Breakfast Nook
8'11" × 8'2"
Main Floor
Living Room
13'9" × 12'4"
Main Floor
Mud Room
7'11" × 4'5"
Main Floor
Kitchen
12'5" × 10'1"
Main Floor
Laundry
5'8" × 3'3"
2nd Floor
Walk-In Closet
5'2" × 4'11"
2nd Floor
Bedroom
10'8" × 8'11"
2nd Floor
Bedroom
10'3" × 9'
2nd Floor
Bedroom - Primary
13' × 12'4"
Basement
Family Room
25'10" × 15'7"
Basement
Storage
9'2" × 3'3"
Basement
Other
8'8" × 6'9"
Basement
Other
8'8" × 6'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'8" x 4'11"
2nd Floor
No
4
7'5" x 4'11"
2nd Floor
Yes
4
8'11" x 9'5"
Basement
No
3
8'1" x 5'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Tennis Court(s), Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Chandelier, High Ceilings, Jetted Tub, Kitchen Island, Laminate Counters, No Animal Home, No Smoking Home, Pantry, Storage, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Outdoor Grill, Barbecue, Courtyard
Patio And Porch Features:
Deck
Lot Features:
Corner Lot
Accessibility Features:
Accessible Entrance
Num. of Parcels:
0
Outbuildings:
2 Storey
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
A
Listed Date:
Aug 22, 2024
Days on Mkt:
  • Photo 1: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Front house
  • Photo 2: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Front house
  • Photo 3: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Photo 3 of 39
  • Photo 4: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Open Kitchen
  • Photo 5: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    open kitchen
  • Photo 6: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Dinning room
  • Photo 7: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Half Bathroom
  • Photo 8: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Laundry Room
  • Photo 9: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Master Bedroom,
  • Photo 10: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Walking closet inside the Master bedroom
  • Photo 11: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Photo 11 of 39
  • Photo 12: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Jetub inside the master bedroom
  • Photo 13: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Standing bathroom inside the master bedroom
  • Photo 14: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    standing bathroom in the basement
  • Photo 15: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    walking closet inside the master bedroom
  • Photo 16: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    1st bedroom upstair
  • Photo 17: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Photo 17 of 39
  • Photo 18: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Photo 18 of 39
  • Photo 19: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Baby 's playing with toys
  • Photo 20: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    3rd bathroom upstair
  • Photo 21: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    View window, or picture window
  • Photo 22: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Photo 22 of 39
  • Photo 23: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Basement family room , can be the bedroom, or computer
  • Photo 24: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Exercise room at basement
  • Photo 25: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Basement , convert to another bedroom, plus with the system of computer to work , and excercise.
  • Photo 26: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Family room at the basement
  • Photo 27: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    clothing room with huge drawer.
  • Photo 28: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    walking closet at the basement
  • Photo 29: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Golf sticks, and luggages
  • Photo 30: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Furnace , and hot water room at the basement
  • Photo 31: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Double garage
  • Photo 32: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Back yard
  • Photo 33: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Photo 33 of 39
  • Photo 34: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Deck of back yard
  • Photo 35: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    full deck
  • Photo 36: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    On the side of the deck
  • Photo 37: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Deck , and the storage
  • Photo 38: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    The beautiful picture of the back yard of house
  • Photo 39: 206 Citadel Meadow Grove NW in Calgary: Citadel Detached for sale : MLS®# A2158756
    Backyard of the house
Listed by URBAN-REALTY.ca
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$648,900
Min list price:
$245,000
Max list price:
$1,235,000
Avg days on market:
17
Min days on market:
1
Max days on market:
100
Avg price per sq.ft.:
$375.54
These statistics are generated based on the current listing's property type and located in Citadel. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706