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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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4919 22 Avenue NW
Montgomery Calgary T3B 0Y6

$1,079,000
Residential beds: 4 baths: 4.0 1,972 sq. ft. built: 2024

Main Photo: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 1: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 2: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 3: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 4: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 5: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 6: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 7: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 8: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 9: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 10: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 11: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 12: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 13: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 14: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 15: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 16: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 17: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 18: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 19: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 20: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 21: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 22: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 23: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 24: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 25: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 26: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 27: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 28: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 29: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 30: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 31: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 32: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 33: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 34: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 35: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 36: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 37: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 38: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 39: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Photo 40: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2173068
Bedrooms:
4
Bathrooms:
4
Year Built:
2024
Welcome to your dream home at 4919 22 Ave NW! This stunning property offers the perfect blend of modern elegance and functional design in a desirable neighborhood. Just minutes away, you'll find beautiful parks and walking trails, ideal for outdoor activities and relaxation. As you enter, you are greeted by a spacious dining room that flows seamlessly into an open-concept floor plan, perfect for entertaining. The gourmet kitchen is a chef's delight, featuring a huge island, full-height cabinets, luxurious quartz countertops, and top-of-the-line modern appliances. The inviting living room boasts custom built-ins and a cozy gas fireplace, creating a warm ambiance. Double doors lead to a spacious deck, perfect for outdoor gatherings. Retreat to the upper floor, where you'll find a magnificent primary bedroom with a lavish 6-piece ensuite, complete with a soaking tub, dual vanity, walk-in shower, and heated floors. A generous walk-in closet provides ample storage. This level also features a laundry room, a full bathroom, and two additional well-sized bedrooms. The fully finished basement is designed for recreation and relaxation, featuring a spacious rec room with media center built-ins and a wet bar. Double doors open to a charming patio, making it a perfect spot for entertaining. The walk-out basement also includes a mudroom, utility room, a full bathroom, and an additional bedroom for guests. Completing this remarkable home is an exterior double detached garage, providing convenience and extra storage. Please note that the house is currently under construction, and photos and measurements are from a similar house built in 2023.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Side by Side
Total Living Area:
1,971.6 sq. ft.
Main Level Finished Area:
951.6 sq. ft.
Upper Level Finished Area:
1,020 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
813.1 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,000 sq. ft.
Lot Frontage:
25'
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:
North
Reg. Size:
Reg. Size Includes:
Entry Level:
0
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
2024 (Age: 0)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2312432
Heating:
Forced Air
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Brick, Composite Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Rough-In
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Montgomery
Dishwasher, Garage Control(s), Gas Stove, Microwave, Oven, Range Hood, Refrigerator
None
None Known
Floor
Type
Size
Other
Main Floor
Balcony
20'6" × 9'6"
Main Floor
Living Room
20' × 12'4"
Main Floor
Kitchen With Eating Area
19'6" × 14'1"
Main Floor
Dining Room
13'4" × 13'1"
Main Floor
Entrance
10'5" × 6'9"
Upper Level
Bedroom - Primary
12'7" × 12'4"
Upper Level
Walk-In Closet
8'11" × 7'2"
Upper Level
Laundry
9' × 5'7"
Upper Level
Bedroom
12'1" × 11'5"
Upper Level
Bedroom
12'6" × 9'4"
Basement
Furnace/Utility Room
9'11" × 8'2"
Basement
Bedroom
11'10" × 10'8"
Basement
Walk-In Closet
6'2" × 3'11"
Basement
Game Room
22'4" × 13'2"
Basement
Other
10'6" × 2'1"
Basement
Mud Room
13'3" × 5'8"
Basement
Other
20'10" × 11'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'7" x 4'11"
Upper Level
Yes
6
8'7" x 19'7"
Upper Level
No
4
9' x 4'11"
Basement
No
4
5' x 10'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Soaking Tub, Walk-In Closet(s), Wet Bar
Exterior Features:
Other
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Street Lighting, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-C2
Listed Date:
Oct 15, 2024
Days on Mkt:
  • Photo 1: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 1 of 40
  • Photo 2: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Entrance
  • Photo 3: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Open floor concept plan
  • Photo 4: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Dining Room
  • Photo 5: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 5 of 40
  • Photo 6: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Gourmet Kitchen
  • Photo 7: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Quartz Countertops
  • Photo 8: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 8 of 40
  • Photo 9: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Full Height Cabitnery
  • Photo 10: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 10 of 40
  • Photo 11: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Living Room with Gas Fireplace
  • Photo 12: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 12 of 40
  • Photo 13: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Deck
  • Photo 14: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 14 of 40
  • Photo 15: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 15 of 40
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    Photo 16 of 40
  • Photo 17: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Powder Room
  • Photo 18: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Primary Bedroom
  • Photo 19: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 19 of 40
  • Photo 20: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 20 of 40
  • Photo 21: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Walk-in closet
  • Photo 22: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Spa like ensuite
  • Photo 23: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Soaker Tub
  • Photo 24: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Walk-in shower
  • Photo 25: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Laundry Room
  • Photo 26: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Full Bathroom
  • Photo 27: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 27 of 40
  • Photo 28: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    2nd bedroom
  • Photo 29: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 29 of 40
  • Photo 30: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    3rd bedroom
  • Photo 31: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 31 of 40
  • Photo 32: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Fully finished walk-out basement
  • Photo 33: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Rec Room
  • Photo 34: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 34 of 40
  • Photo 35: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Wet Bar
  • Photo 36: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 36 of 40
  • Photo 37: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    basment Bathroom
  • Photo 38: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Photo 38 of 40
  • Photo 39: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    Utility room
  • Photo 40: 4919 22 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2173068
    detached garage
Listed by eXp Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$859,000
Min list price:
$399,900
Max list price:
$2,398,000
Avg days on market:
29
Min days on market:
6
Max days on market:
143
Avg price per sq.ft.:
$523.32
These statistics are generated based on the current listing's property type and located in Montgomery. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706