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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215 2 Avenue NE
Crescent Heights Calgary T2E 0E3

$1,499,000
Residential beds: 4 baths: 4.0 2,238 sq. ft. built: 1920

Main Photo: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
Photo 1: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
Photo 2: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
Photo 3: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
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Photo 5: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
Photo 6: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
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Photo 43: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
Photo 44: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
Photo 45: 215 2 Avenue NE in Calgary: Crescent Heights Detached for sale : MLS®# A2176714
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2176714
Bedrooms:
4
Bathrooms:
4
Year Built:
1920
Enjoy breathtaking unobstructed views on the ridge in Crescent Heights. South facing backyard on a 50' R-C2 lot overlooks the Bow River, Parks, Centre Street Bridge, Downtown Skyline, and sunsets over the snow capped Rocky Mountains. You can watch the sunrise to sunset from the multi-tiered decks. This 5-level split with 2,860+ sq ft of developed living space offers 4 bedrooms, 3.5 bathrooms, and lots of room for your family to spread out. With only a few lots that showcase these captivating views along the ridge, this home offers an amazing opportunity to live, renovate, rent, or build your dream home. Properties with these impeccable views and full size lots do not come up often, don't miss out!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
5 Level Split
Total Living Area:
2,238 sq. ft.
Main Level Finished Area:
907 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
731 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,672 sq. ft.
Lot Frontage:
50'½"
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:
Levels:
5 Level Split
Total Rooms Above Grade:
8
Year built:
1920 (Age: 104)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1332N
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Crescent Heights
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
n/a
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
12'4" × 9'5"
Main Floor
Dining Room
10'8" × 10'
Main Floor
Living Room
23'3" × 18'1"
Upper Level
Den
20'5" × 12'8"
Upper Level
Family Room
17'5" × 9'8"
Upper Level
Bedroom - Primary
15'6" × 12'10"
Upper Level
Bedroom
10'1" × 9'11"
Upper Level
Bedroom
10'7" × 10'3"
Basement
Den
9' × 7'7"
Basement
Game Room
12'4" × 9'10"
Basement
Laundry
12'4" × 9'3"
Basement
Storage
5'4" × 4'5"
Basement
Bedroom
9'6" × 9'1"
Basement
Kitchenette
9'10" × 5'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Upper Level
No
4
Upper Level
Yes
5
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Double Vanity, High Ceilings, Skylight(s), Storage, Vaulted Ceiling(s)
Exterior Features:
None
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Lawn, Garden, Interior Lot, Irregular Lot, Landscaped, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Oct 31, 2024
Days on Mkt:
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Listed by RE/MAX House of Real Estate
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