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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530 23 Avenue SW
Cliff Bungalow Calgary T2S 0J5

$999,800
Residential beds: 5 baths: 5.0 1,510 sq. ft. built: 1910

Front
Photo 1: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 2: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 3: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 4: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 5: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 6: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 7: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 8: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 9: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 10: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 11: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 12: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 13: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 14: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 15: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 16: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 17: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 18: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 19: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 20: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 21: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 22: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 23: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 24: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 25: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 26: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 27: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 28: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 29: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 30: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 31: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 32: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 33: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 34: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 35: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 36: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 37: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 38: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 39: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 40: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 41: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 42: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 43: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Photo 44: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2135520
Bedrooms:
5
Bathrooms:
5
Year Built:
1910
Nicely Updated Two Storey home with legal lower suite with separate entrance and 2 car garage, a quick walk to the very trendy and highly sought after 4th Street Mission area with lots of restaurants stores and shopping. Only minutes to the beautiful river walkway. This charming older home has a front porch and recently updated rear deck area for relaxing in the private fenced yard . Property is currently rented . Major Renovations include: Weeping Tile, Sump Pump, Electrical System upgrades, Updated Furnace, Air Conditioning Unit ,Rinnai water heater , Back Deck , Interior Connected Fire Alarm System with sprinkler in furnace room, and 2 additional Bathrooms. Insulated Garage and Legal Basement Suite with separate entrance . Great investment property potential. Upper master bedroom has large master suite and huge shower and sitting area. Very easy to rent . 24 hour notice to show.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
2 Storey, Up/Down
Total Living Area:
1,510 sq. ft.
Main Level Finished Area:
753.48 sq. ft.
Upper Level Finished Area:
753.48 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
570.49 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,003 sq. ft.
Lot Frontage:
24'11"
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:
Unit Exposure:
South
Floor Location:
Below Grade
Levels:
Two
Total Rooms Above Grade:
7
Year built:
1910 (Age: 114)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
5.0 (Full:5, Half:0)
Plan:
4453L
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Hardwood, Laminate
Cooling:
Central Air
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached, Garage Door Opener, Off Street
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Main Level
Cliff Bungalow
Bar Fridge, Central Air Conditioner, Electric Stove, Range, Refrigerator, Stove(s), Washer/Dryer, Washer/Dryer Stacked
none
Call Lister
Floor
Type
Size
Other
Main Floor
Dining Room
10'6" × 8'8"
Main Floor
Kitchen
9'9" × 8'6"
Main Floor
Bedroom - Primary
19'4" × 10'11"
Main Floor
Bedroom
12'4" × 11'7"
Main Floor
Laundry
3'3" × 3'3"
2nd Floor
Bedroom
18'4" × 11'11"
2nd Floor
Bedroom
11'10" × 11'4"
2nd Floor
Kitchenette
9'10" × 7'3"
Suite
Eat in Kitchen
15'1" × 9'3"
Suite
Living Room
10'3" × 7'8"
Suite
Bedroom - Primary
10'3" × 7'7"
Suite
Laundry
0' × 0'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Main Floor
No
3
0' x 0'
2nd Floor
Yes
4
0' x 0'
2nd Floor
No
4
0' x 0'
Suite
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Closet Organizers, Crown Molding, French Door, Kitchen Island, No Smoking Home, Separate Entrance
Exterior Features:
Private Entrance
Patio And Porch Features:
Front Porch
Lot Features:
Back Lane, Back Yard, Front Yard, Landscaped, Private, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d111
Listed Date:
Jun 25, 2024
Days on Mkt:
  • Photo 1: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Front
  • Photo 2: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Front
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    Front entry
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    Main Bedroom
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    Main dining
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    Upper hall
  • Photo 14: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Upper ensuite
  • Photo 15: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Upper ensuite
  • Photo 16: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Upper 2nd bath
  • Photo 17: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Suite bath with clawfoot tub
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  • Photo 36: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Side Yard
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  • Photo 40: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Suite living rm
  • Photo 41: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Suite Bath
  • Photo 42: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
    Front yard night
  • Photo 43: 530 23 Avenue SW in Calgary: Cliff Bungalow Detached for sale : MLS®# A2135520
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Listed by MaxWell Canyon Creek
Data was last updated September 20, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$337,400
Min list price:
$229,900
Max list price:
$1,099,900
Avg days on market:
29
Min days on market:
3
Max days on market:
108
Avg price per sq.ft.:
$406.16
These statistics are generated based on the current listing's property type and located in Cliff Bungalow. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706