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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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NEXT Open House details
Sep 22, 2024 01:00 PM - 03:30 PM MDT

2412 26 Street SW
Killarney/Glengarry Calgary T3E 2A7

$835,000
Residential beds: 4 baths: 4.0 1,908 sq. ft. built: 2007

Main Photo: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 1: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 2: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 3: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 4: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 5: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 6: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 7: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 8: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 9: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 10: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 11: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 12: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 13: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 14: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 15: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 16: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 17: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 18: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 19: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 20: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 21: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 22: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 23: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 24: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 25: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 26: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 27: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 28: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 29: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 30: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Photo 31: 2412 26 Street SW in Calgary: Killarney/Glengarry Semi Detached (Half Duplex) for sale : MLS®# A2163697
Open House - Sep 22, 2024
01:00 PM - 03:30 PM MDT
NOTES: Open House on Sunday, September 22, 2024 1:00PM - 3:30PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2163697
Bedrooms:
4
Bathrooms:
4
Year Built:
2007
Welcome to 2412 26 St. SW, a charming home nestled on a beautiful tree-lined street in the sought-after neighbourhood of Killarney. This home stands out with its unique sandstone front, adding to its curb appeal. Inside, the layout is refreshingly different from typical infills, starting with a flexible front room that can be used as an office, dining area, playroom, or whatever suits your needs. What strikes you first about the main floor is the stunning curved staircase with open risers. Then, you’ll experience the modern kitchen featuring a large island and stainless steel appliances. The kitchen flows into the eating nook, and a spacious family room at the back of the home, with its large seating area, gas fireplace, and huge windows overlooking the backyard. There’s also a separate mudroom to keep things organized when you enter from the rear garage. Upstairs, you'll find 3 bedrooms, including a luxurious primary suite with vaulted ceilings, large windows overlooking the tree-lined street, and a spa-like 5-piece ensuite. Two more bedrooms are located at the back of the house, with a laundry room conveniently placed between them. The fully developed basement offers extra living space with a cozy family room, a 4th bedroom, and a full bathroom. This home also comes with a double detached garage. Located in one of the city’s most desirable areas, there is easy access to 26th Avenue, 17th Avenue, and Crowchild Trail. The Killarney Pool and Fitness Centre is just a few blocks away, and a short jaunt over the bridge gets you into the heart of the Marda Loop business district. For more details, and to see our 360 Tour, click the links below.
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:
1,908.01 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,132 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:
East
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
2007 (Age: 17)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
5661O
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Killarney/Glengarry
Dishwasher, Dryer, Electric Oven, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
12'4" × 11'4"
Main Floor
Kitchen
14'8" × 14'7"
Main Floor
Living Room
19'11" × 17'9"
Upper Level
Bedroom
12'8" × 9'7"
Upper Level
Bedroom
12'10" × 9'9"
Upper Level
Laundry
8'5" × 8'
Upper Level
Bedroom - Primary
14'5" × 12'5"
Upper Level
Walk-In Closet
8'2" × 7'2"
Basement
Bedroom
19'3" × 12'10"
Basement
Game Room
19'3" × 18'5"
Basement
Furnace/Utility Room
13'8" × 7'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 4'5"
Upper Level
No
4
7'2" x 9'
Upper Level
Yes
5
10'5" x 9'
Basement
No
4
10'11" x 4'11"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Granite Counters, Kitchen Island, Open Floorplan, Pantry
Exterior Features:
None
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Landscaped, Many Trees, Street Lighting
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-C2
Listed Date:
Sep 19, 2024
Days on Mkt:
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Listed by eXp Realty
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$837,450
Min list price:
$230,000
Max list price:
$1,279,000
Avg days on market:
20
Min days on market:
1
Max days on market:
98
Avg price per sq.ft.:
$492.36
These statistics are generated based on the current listing's property type and located in Killarney/Glengarry. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706