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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12551 Cannington Way SW
Canyon Meadows Calgary T2W 1T9

$800,000
Residential beds: 4 baths: 4.0 1,176 sq. ft. built: 1973

Main Photo: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Photo 1: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Photo 2: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Photo 3: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Photo 4: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Photo 5: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Photo 6: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Photo 7: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
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Photo 32: 12551 Cannington Way SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2170374
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2170374
Bedrooms:
4
Bathrooms:
4
Year Built:
1973
Step into your dream home, a fully renovated 4-level split in the prestigious community of Canyon Meadows. From top to bottom, this home has been meticulously updated. The brand new copper electrical wiring, replacement of studs, new windows, and new trim mean you’re moving into a home that’s as sound as it is beautiful. Outside, the new driveway leads to your brand new oversized single-car garage. This property sprawls over 2,352 square feet of luxurious living space, sits on a generously sized 6,400+ square foot lot, offering both style and substance. From the moment you enter, the open-concept design captivates. Luxury vinyl plank (LVP) flooring stretches across the main floor, creating a seamless flow from the spacious living area to the heart of the home—an elegantly upgraded kitchen. Featuring quartz contertops, top-of-the-line Kitchenaid appliances, and gold accents masterfully integrated with a striking tiled backsplash, the kitchen invites you to create memories around meals. Ample lighting highlights feature walls throughout, adding a touch of artistic flair to the living spaces. The thoughtfully placed conversation spaces encourage connection, making this home ideal for both intimate gatherings and lively events. Three spacious bedrooms await upstairs, with the primary bedroom boasting a private ensuite that offers serenity and comfort. A fully modernized bathroom and convenient linen closet ensure that every detail of your lifestyle is cared for. Descend to the third level, designed for entertainment and relaxation. Here, you’ll find a sleek bar sink and a spacious entertainment area ideal for hosting friends, a game space for endless fun, and another full bathroom smartly integrated with laundry facilities. A separate closet provides ample storage to keep the space clean and organized. The expansive basement showcases a massive bedroom, perfect for guests or family, featuring his and her closets and a private ensuite with a glass-enclosed stand-up shower. Outside, the oversized single-car garage offers both storage and protection for your vehicle, while the large private backyard invites creativity—whether it's a garden, a play area, or an outdoor retreat. This architectural gem is a few blocks away from Fish Creek Provincial Park, one of Canadas largest parks; as well as 3 schools within close proximity. With ample living space, modern design, and exceptional details, this home is not just a place to stay—it's a place to thrive.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
4 Level Split
Total Living Area:
1,176 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,404 sq. ft.
Lot Frontage:
58'⅛"
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:
Levels:
4 Level Split
Total Rooms Above Grade:
7
Year built:
1973 (Age: 51)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1286LK
Heating:
High Efficiency, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Metal Siding, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Additional Parking, Driveway, Front Drive, Garage Faces Front, Insulated, Oversized, Single Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Bathroom, Sink
Canyon Meadows
Dishwasher, Dryer, Electric Range, Garage Control(s), Range Hood, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
16'4" × 13'5"
Main Floor
Kitchen
13' × 12'
Main Floor
Dining Room
10'4" × 8'6"
Main Floor
Foyer
5'3" × 5'1"
Main Floor
Mud Room
9'7" × 4'9"
Upper Level
Bedroom - Primary
12'4" × 11'5"
Upper Level
Bedroom
11'8" × 9'11"
Upper Level
Bedroom
11'7" × 8'11"
Lower Level
Family Room
20'1" × 14'7"
Lower Level
Flex Space
9'3" × 7'9"
Basement
Bedroom
15'4" × 14'3"
Basement
Storage
10'11" × 2'11"
Basement
Furnace/Utility Room
11'9" × 5'4"
Basement
Storage
4' × 3'10"
Floor
Ensuite
Pieces
Other
Upper Level
Yes
2
4'4" x 7'5"
Upper Level
No
4
4'11" x 8'11"
Lower Level
No
3
7'4" x 8'7"
Basement
No
3
7'4" x 9'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bar, Breakfast Bar, Closet Organizers, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Entrance, Vinyl Windows
Exterior Features:
Fire Pit, Private Yard
Patio And Porch Features:
None
Lot Features:
Back Yard, Few Trees, Gazebo, Front Yard, Lawn, Low Maintenance Landscape, Interior Lot, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Oct 08, 2024
Days on Mkt:
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Listed by eXp Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$775,000
Min list price:
$199,900
Max list price:
$3,988,888
Avg days on market:
27
Min days on market:
2
Max days on market:
68
Avg price per sq.ft.:
$418.89
These statistics are generated based on the current listing's property type and located in Canyon Meadows. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706