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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  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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663 Lakeside Drive
Little Bow Resort Rural Vulcan County T0L 0R0

$74,900
Land

Main Photo: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 1: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 2: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 3: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 4: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 5: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 6: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 7: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 8: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 9: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 10: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 11: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 12: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Photo 13: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
Status:
Active
Prop. Type:
Land
MLS® Num:
A2078127
Build your year-round lakeside DREAM home and be just 1.5 hours driving time from Calgary. This lot is located across from the lake front homes and the pathway to the beach. Wouldn’t it be great to stroll onto your deck in the morning with your coffee and take in the quiet and beauty of the lake or take the kids on the short walk to the beautiful sandy beach and the sparkling clean water and enjoy an afternoon swim. Bow Resort is a fabulous lake resort and is located on Traver's Reservoir one of the warmest spots in Alberta where cactus grows wild. This deep, beautiful, & clean lake has all the requirements for a great recreational get away. In the summer enjoy, boating (Little Bow has its own private marina); swimming and the fishing is great! And unlike other destination Traver's is not overcrowded. Little Bow is also great as a year-round recreation destination with ice fishing & skating in the winter. All Little Bow lots are fully serviced with high-speed internet available. Call today to start bringing you dream to a realty!
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Bare Land
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$182.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Professional Management, Reserve Fund Contributions, Residential Manager, Sewer, Water
HOA Fee Includes:
Lot Area:
5,663 sq. ft.
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:-)
Plan:
9910712
Ensuite:
No
Garage:
0
Condo Fee Frequency:
Monthly
Little Bow Resort
Beach Access, Boating, Park, Picnic Area, RV/Boat Storage
None
Architectural Guidelines, Board Approval, Building Design Size, Building Restriction, Condo/Strata Approval, Development Restriction, Pet Restrictions or Board approval Required, Underground Utility Right of Way
School Bus:
No
Title to Land:
Fee Simple
Lot Features:
Backs on to Park/Green Space, Lake, Interior Lot, Level, Street Lighting, Rectangular Lot, Subdivided
Access To Property:
Gravel Road, Paved Road, Public
Num. of Parcels:
0
Fencing:
None
Nearest Town:
Lomond
Region:
Vulcan County
Zoning:
RR
Listed Date:
Sep 02, 2023
Days on Mkt:
  • Photo 1: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
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  • Photo 2: 663 Lakeside Drive: Rural Vulcan County Residential Land for sale : MLS®# A2078127
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Listed by Optimum Realty Group
Data was last updated November 10, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$156,750
Min list price:
$62,900
Max list price:
$1,802,775
Avg days on market:
150
Min days on market:
12
Max days on market:
435
These statistics are generated based on the current listing's property type and located in Rural Vulcan County. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706