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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43 30 Avenue SW
Erlton Calgary T2S 2Y4

$979,900
Residential beds: 4 baths: 2.0 979 sq. ft. built: 1940

Main Photo: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
Photo 1: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
Photo 2: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
Photo 3: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
Photo 4: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
Photo 5: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
Photo 6: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
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Photo 35: 43 30 Avenue SW in Calgary: Erlton Detached for sale : MLS®# A2138311
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2138311
Bedrooms:
4
Bathrooms:
2
Year Built:
1940
Attention Investors and Developers! Discover a rare opportunity to acquire a prime piece of real estate boasting some of the best unobstructed views of downtown. This 50 by 138-foot lot offers a developer a remarkable future development space. Built in the 1940s, this charming bungalow has been meticulously maintained and thoughtfully renovated over the years. The main floor features an inviting open floor plan that seamlessly connects a spacious living room, a dining area ample enough for most tables, and a well-appointed kitchen complete with an island and a cozy breakfast nook. French doors from the nook open to an outdoor deck, creating an ideal space for indoor-outdoor living. The main floor is complemented by a convenient 2-piece bathroom and a versatile bedroom that can double as an office. The fully developed basement offers additional living space, including three bedrooms, a full 4-piece bathroom, and dedicated areas for laundry and storage. The front yard provides wonderful views of downtown and is perfect for gardening enthusiasts. The south-facing backyard features a deck, a storage shed, and an older single garage that requires some TLC. Don't miss out on this extraordinary opportunity to invest in a unique property with immense potential for future development. Seize this chance to own a piece of prime real estate with unmatched views and endless possibilities!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
978.7 sq. ft.
Main Level Finished Area:
978.7 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
825.16 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,888 sq. ft.
Lot Frontage:
50'
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:
One
Total Rooms Above Grade:
4
Year built:
1940 (Age: 84)
Bedrooms:
4 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
3
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
960AM
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood, Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Erlton
Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
16'3" × 13'8"
Main Floor
Dining Room
16'3" × 13'8"
Main Floor
Kitchen
13' × 12'11"
Main Floor
Breakfast Nook
11' × 8'11"
Main Floor
Bedroom - Primary
10'11" × 9'11"
Basement
Bedroom
12'9" × 11'7"
Basement
Bedroom
11'6" × 11'6"
Basement
Bedroom
15'9" × 11'9"
Basement
Laundry
8'7" × 2'10"
Basement
Furnace/Utility Room
4'2" × 2'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
8'1" x 4'11"
Basement
No
4
7'7" x 6'2"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Kitchen Island
Exterior Features:
Storage
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Lane, Back Yard, Irregular Lot, Landscaped, Street Lighting, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Jun 05, 2024
Days on Mkt:
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Additional Images

Virtual Tour

Listed by TREC The Real Estate Company
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$599,900
Min list price:
$389,900
Max list price:
$3,690,000
Avg days on market:
41
Min days on market:
7
Max days on market:
196
Avg price per sq.ft.:
$507.23
These statistics are generated based on the current listing's property type and located in Erlton. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706