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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301 1810 16 Street SW
Bankview Calgary T2T 4E2

$237,000
Residential beds: 1 baths: 1.0 594 sq. ft. built: 1978

Main Photo: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 1: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 2: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 3: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 4: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 5: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 6: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 7: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 8: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 9: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 10: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 11: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 12: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 13: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 14: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Photo 15: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2171753
Bedrooms:
1
Bathrooms:
1
Year Built:
1978
Top floor living in a luxurious 1 bedroom condo. Blocks from the hustle bustle of 17th Ave, but far away for some peace and quite. A modern kitchen with an open concept. Huge west facing balcony to enjoy your morning coffee or relax in the evening. This spacious unit has it's own in-suite all-in-one washer and dryer combo. This building has had a full envelope update, including patio doors, windows, stucco, siding, facia, soffits, and eaves, along with a new roof in 2022 making it modern and new. This is a self managed condo, keeping monthly condo fees low. Pet friendly with your own covers parking stall. Great proximity to public transit, walking paths, shopping, restaurants, and cafes. Come check out the Zeven yourself and see how you'll enjoy living in the wonderful neighborhood of Bankview.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
594 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$405.00
Condo Fee Includes:
Heat, Insurance, Maintenance Grounds, Parking, Reserve Fund Contributions, Snow Removal, Trash, Water
HOA Fee Includes:
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:
Unit Exposure:
East
Floor Location:
Top
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
1
Year built:
1978 (Age: 46)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0510335
Heating:
Central, Hot Water
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Bankview (Calgary)
Park
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
NA
Condo/Strata Approval
Yes
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
11'9" × 10'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Shopping Nearby, Sidewalks
Interior Features:
Closet Organizers, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Oct 15, 2024
Days on Mkt:
  • Photo 1: 301 1810 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2171753
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Listed by CIR Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$436,950
Min list price:
$185,000
Max list price:
$2,378,000
Avg days on market:
41
Min days on market:
6
Max days on market:
198
Avg price per sq.ft.:
$416.24
These statistics are generated based on the current listing's property type and located in Bankview. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706