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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231175 Bracken Road
West Bragg Creek Bragg Creek T0L 0K0

$3,500,000
Land

View onto the property and beyond.
Photo 1: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 2: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 3: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 4: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 5: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 6: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 7: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 8: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 9: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 10: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 11: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 12: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 13: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 14: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 15: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 16: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 17: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 18: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 19: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 20: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 21: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 22: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 23: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 24: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 25: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 26: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 27: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 28: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 29: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 30: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 31: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 32: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 33: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Photo 34: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
Status:
Active
Prop. Type:
Land
MLS® Num:
A1116621
Explore your own slice of paradise with this unique opportunity for personal enjoyment or future investment! Uncover the potential of this pristine 88-acre Residential Development Land nestled in the heart of West Bragg Creek, just off West Bragg Creek Road and Bracken Road. This rare gem holds promise for future development, pending your necessary approvals with the MD, making it a remarkable find in the real estate market. Adjacent to undeveloped government long-term grazing lease land to the west (1/4 section), the property offers a picturesque backdrop that will remain untouched for the foreseeable future. With significant potential as a prime residential home site, it presents the convenience of being within walking distance to Bragg Creek's charming shops, restaurants, and services, while offering breathtaking views of the Elbow River Valley and the majestic Rocky Mountains. Distinguished by large expanses of mature forest complemented by small sections of cleared grazing land, the property showcases the natural beauty of the area. The presence of Bragg Creek meandering along the NW corner and the Elbow River crossing the southern property line adds to its allure. Equipped with pre-existing utilities from prior cabin usage, this land is primed for various possibilities. Nearby subdivisions to the west feature 2-acre parcels with rural residential homes, blending natural serenity with modern living. Situated within the West Bragg Creek Area Structure Plan (ASP), the property may align with a vision for thoughtful and sustainable development. For a comprehensive understanding of the ASP, refer to the Rocky View County website. Immerse yourself in the experience by exploring the online video tour, but kindly refrain from accessing the property without an approved showing request. Seize this exceptional chance to own a piece of West Bragg Creek's captivating landscape and envision the endless possibilities that await!
Property Type:
Land
Property Sub Type:
Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
88.6 acre(s)
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:
Reg. Size:
Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Ensuite:
No
Water Supply:
Well
Sewer:
Septic Field, Septic Tank
Utilities:
Electricity Available, Natural Gas Available
Garage:
0
West Bragg Creek
None Known
School Bus:
Yes
Community Features:
Shopping Nearby, Walking/Bike Paths
Lot Features:
Near Shopping Center, Many Trees, Native Plants, Near Golf Course, Pasture, Paved, Private, Treed, Views, Waterfront
Waterfront Features:
River Front
Access To Property:
Paved Road
Num. of Parcels:
0
Fencing:
Partial
Nearest Town:
Bragg Creek
Region:
Rocky View County
Zoning:
A-GEN
Listed Date:
Jun 06, 2021
Days on Mkt:
  • Photo 1: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    View onto the property and beyond.
  • Photo 2: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    View of the land and beyond from the other side of the river.
  • Photo 3: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    88 acres is within the red lines, approximately not precise
  • Photo 4: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    Land looking towards the river.
  • Photo 5: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    lots of useable land on this property. right beside the Elbow River, great views.
  • Photo 6: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    View of the land.
  • Photo 7: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    From the land looking towards the river.
  • Photo 8: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    From the land looking towards the river.
  • Photo 9: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    Bragg Creek runs through the NW corner of the property.
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  • Photo 21: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    Gorgeous natural forest.
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  • Photo 25: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    Some of the neighbors.
  • Photo 26: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    Grassland and open pasture.
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  • Photo 31: 231175 Bracken Road: Bragg Creek Land for sale : MLS®# A1116621
    This property has been in the same family for generations of ranching.
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Virtual Tour

Listed by Century 21 Bamber Realty LTD.
Data was last updated November 14, 2024 at 04:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706