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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5107 Norris Road NW
North Haven Calgary T2K 5R6

$799,900
Residential beds: 3 baths: 2.0 1,316 sq. ft. built: 1976

Main Photo: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 1: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 2: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 3: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 4: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 5: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 6: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 7: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 8: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 9: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 10: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 11: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 12: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 13: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 14: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 15: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 16: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 17: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 18: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 19: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 20: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 21: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 22: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 23: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 24: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 25: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 26: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 27: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Photo 28: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2170338
Bedrooms:
3
Bathrooms:
2
Year Built:
1976
Rare chance for RENOVATION OR REDEVELOPMENT in this sought-after location, on the market for the very first time! This 15,188 SQ FT LOT IS ONE OF THE BIGGEST LOTS IN UPPER NORTH HAVEN! Recently re-zoned by the City to RCG, this lot offers so much potential!! There are many new homes being built in the area. With the right creativity, a multi-family project might be a potential. The 1300+ sq ft bungalow can be a great fixer upper. It features 3 bedrooms, including a master with a 2-pc bath, a den and an open concept living room, dining area and kitchen. The basement is partially developed with a large open area. Some upgrades include newer siding, roof, furnace, hot water tank, insulation, windows and doors. There are even vaulted ceilings and a double-detached garage with a small pond just behind! This sought-after community provides convenient & walkable access to Nose Hill Park, one of Calgary's largest natural areas, known for its expansive walking trails and rich wildlife. The community is rich with amenities including the Winter Club, schools, playgrounds, transit and quick access to 14 Street and John Laurie Blvd. Your blank canvas awaits—create your dream! Don’t miss out on this opportunity to own in a family friendly community!
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:
1,316 sq. ft.
Main Level Finished Area:
1,316 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,114 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
15,188 sq. ft.
Lot Frontage:
54'11⅞"
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:
East
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
8
Year built:
1976 (Age: 48)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
7510568
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Detached, On Street
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
In Basement
North Haven
Electric Stove, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15'3" × 13'
Main Floor
Family Room
15'3" × 12'4"
Main Floor
Kitchen With Eating Area
15'5" × 11'
Main Floor
Bedroom - Primary
13'2" × 11'8"
Main Floor
Bedroom
13'2" × 11'8"
Main Floor
Bedroom
9'5" × 9'2"
Main Floor
Foyer
11'9" × 4'
Main Floor
Family Room
20'3" × 13'10"
Lower Level
Game Room
18'7" × 12'2"
Lower Level
Hobby Room
8'11" × 6'6"
Lower Level
Den
13'1" × 9'4"
Lower Level
Other
12'10" × 9'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
4'5" x 5'
Main Floor
No
4
6'8" x 7'3"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Vaulted Ceiling(s)
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Backs on to Park/Green Space, Cul-De-Sac, Environmental Reserve, No Neighbours Behind
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-CG
Listed Date:
Oct 04, 2024
Days on Mkt:
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  • Photo 15: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
    Nearby Nosehill Park
  • Photo 16: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
    Nearby Nosehill Park
  • Photo 17: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
    Nearby Nosehill Park
  • Photo 18: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
    Nearby Nosehill Park
  • Photo 19: 5107 Norris Road NW in Calgary: North Haven Detached for sale : MLS®# A2170338
    Nearby Nosehill Park
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Listed by Century 21 Bamber Realty LTD.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
4,881
Avg list price:
$589,000
Min list price:
$159,900
Max list price:
$10,000,000
Avg days on market:
35
Min days on market:
1
Max days on market:
474
Avg price per sq.ft.:
$435.52
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706