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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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206 Harvest Creek Close NE
Harvest Hills Calgary T3K 4P8

$579,900
Residential beds: 3 baths: 3.0 1,391 sq. ft. built: 1997

Main Photo: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 1: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 2: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 3: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 4: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 5: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 6: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 7: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 8: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 9: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 10: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
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Photo 12: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
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Photo 23: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 24: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
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Photo 33: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Photo 34: 206 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2162880
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162880
Bedrooms:
3
Bathrooms:
3
Year Built:
1997
Welcome to your next family home! This 3-bedroom, 3-bathroom beauty has everything you need for comfortable living. As soon as you walk in, you’ll notice the inviting living room, complete with a cozy fireplace—perfect for relaxing with the family or enjoying a quiet evening in. The open floor plan connects the living room to the dining room and kitchen, where you’ll find stainless steel appliances, including a fridge and stove, along with a breakfast bar that’s great for quick meals or hosting friends. It’s a kitchen designed for both convenience and connection. Upstairs, the primary bedroom is bright and welcoming, with large south-facing windows that let in plenty of natural light and a private ensuite bathroom for added comfort. Two more bedrooms offer plenty of space for kids, guests, or a home office. Step outside and you’ll love the backyard—it’s private, featuring mature trees and lush greenery that offer enhanced privacy. There’s also a spacious deck and BBQ area, perfect for summer gatherings. The deck is perfect for quiet afternoons, and a double attached garage makes parking and storage a breeze. Additionally, you’ll appreciate the peace of mind that comes with a new roof installed in 2018, designed to last. And the location? You’re close to everything—playgrounds, parks, a community garden, schools, churches, and shopping are all nearby. It’s the perfect spot for families or anyone looking for a community feel with easy access to amenities. This home is ready for its next chapter—schedule your showing today and come see it for yourself!
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:
1,390.96 sq. ft.
Main Level Finished Area:
705.75 sq. ft.
Upper Level Finished Area:
681.21 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
705.75 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,993 sq. ft.
Lot Frontage:
36'3⅛"
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:
South
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
1997 (Age: 27)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
9711737
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Hardwood, Vinyl
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas Log, Living Room, Mantle, Tile
Garage:
1
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Enclosed, Garage Faces Front, Insulated
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Harvest Hills
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer, Window Coverings
None
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Kitchen
10'6" × 9'8"
Main Floor
Dining Room
10'6" × 8'9"
Main Floor
Living Room
14'9" × 12'6"
Main Floor
Foyer
12'2" × 7'3"
Main Floor
Mud Room
5'6" × 3'11"
Main Floor
Covered Porch
9'6" × 3'7"
Upper Level
Bedroom - Primary
12'11" × 11'9"
Upper Level
Bedroom
11' × 9'7"
Upper Level
Bedroom
10'7" × 8'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'8" x 7'
Upper Level
No
4
4'11" x 8'1"
Upper Level
Yes
4
4'11" x 8'1"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Breakfast Bar, Ceiling Fan(s), Open Floorplan, Stone Counters
Exterior Features:
Fire Pit, Garden, Private Yard
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Yard, Few Trees, Garden, Low Maintenance Landscape, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-C1N
Listed Date:
Sep 13, 2024
Days on Mkt:
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Listed by Coldwell Banker Mountain Central
Data was last updated November 14, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$435,000
Min list price:
$269,900
Max list price:
$768,000
Avg days on market:
33
Min days on market:
1
Max days on market:
116
Avg price per sq.ft.:
$416.59
These statistics are generated based on the current listing's property type and located in Harvest Hills. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706