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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1616 3 Street NW
Crescent Heights Calgary T2M 2X8

$950,888
Residential beds: 3 baths: 1.0 1,148 sq. ft. built: 1910

Main Photo: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 1: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 2: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 3: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 4: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 5: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 6: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 7: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 8: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Photo 9: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2159929
Bedrooms:
3
Bathrooms:
1
Year Built:
1910
For more information, please click on Brochure button below. Investor alert! Exceptional development opportunity! Lot currently has a tenanted home on the property. 3 bed + den and 1 bath - 4 piece. Seize the potential of this multi-residential property, optimally located in the vibrant neighborhood of crescent heights. Boasting m-c1 zoning, this corner lot presents a unique prospect for development, with city approvals and permits already in place. Included are professional architectural renderings by a renowned inner-city specialist, tailored to enhance the utility and appeal of the space. The proposed designs feature potentially a versatile 2 or 3-bedroom units, each with a potential legally compliant basement walkout, making them ideal for student accommodations or long-term mixed-use tenancy. Capitalize on this prime investment opportunity! Existing dwelling will be demolished at buyers expense. Some photos are examples of rendering drawings.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
1 and Half Storey
Total Living Area:
1,148.3 sq. ft.
Main Level Finished Area:
743.8 sq. ft.
Upper Level Finished Area:
404.5 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,202 sq. ft.
Lot Frontage:
49'1"
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:
West
Reg. Size:
Reg. Size Includes:
Levels:
One and One Half
Total Rooms Above Grade:
8
Year built:
1910 (Age: 114)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
4923R
Heating:
Central, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
RV Access/Parking
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room
Crescent Heights
Dishwasher, Microwave, Oven, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
n/a
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
13'10" × 7'8"
Main Floor
Dining Room
12'11" × 10'
Main Floor
Kitchen
14' × 9'11"
Main Floor
Living Room
16'11" × 10'
Main Floor
Sunroom/Solarium
10'1" × 5'3"
2nd Floor
Bedroom
12'7" × 10'
2nd Floor
Den
13'2" × 10'4"
2nd Floor
Bedroom - Primary
15'10" × 10'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
11' x 7'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
Private Yard
Patio And Porch Features:
Rear Porch
Lot Features:
Back Lane, Back Yard, Corner Lot, Cul-De-Sac, See Remarks
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
MC1
Listed Date:
Aug 22, 2024
Days on Mkt:
  • Photo 1: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
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  • Photo 2: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
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  • Photo 3: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
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  • Photo 4: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
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  • Photo 5: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
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  • Photo 6: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
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  • Photo 7: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
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  • Photo 8: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
    Photo 8 of 9
  • Photo 9: 1616 3 Street NW in Calgary: Crescent Heights Detached for sale : MLS®# A2159929
    Photo 9 of 9
Listed by Easy List Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$475,000
Min list price:
$189,900
Max list price:
$2,498,000
Avg days on market:
43
Min days on market:
4
Max days on market:
164
Avg price per sq.ft.:
$495.38
These statistics are generated based on the current listing's property type and located in Crescent Heights. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706