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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2502 1118 12th Avenue SW
Beltline Calgary T2R 0J7

$455,000
Residential beds: 2 baths: 2.0 821 sq. ft. built: 2007

Main Photo: 2502 1118 12th Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2130264
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2130264
Bedrooms:
2
Bathrooms:
2
Year Built:
2007
Nestled in a prime location, just steps away from vibrant 17th Avenue shopping, renowned restaurants, and downtown amenities, this meticulously maintained urban sanctuary awaits. Boasting 2 Bed 2 Bath, this home offers versatility and space. The main living areas feature a tasteful blend of tile and carpet flooring, providing both comfort and style. Step onto the beautiful balcony and indulge in breathtaking city views. With easy access to river paths, this residence offers the perfect balance of urban convenience and outdoor tranquility. The building also offers all the amenities you could ask for separate men's and women's steam rooms with private change rooms and shower facilities, a fully equipped fitness facility, lounge with a wet bar, fireplace, pool table and seating Don't miss out on this rare opportunity to own a piece of downtown luxury!"
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
821 sq. ft.
Main Level Finished Area:
821 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$644.90
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Security, Snow Removal, Water
HOA Fee Includes:
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:
Other
Entry Level:
25
Stories Total:
27
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2007 (Age: 17)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0814769
Heating:
Hot Water, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stucco
Structure Type:
High Rise (5+ stories)
Roof:
Tar/Gravel
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Nova
Beltline
Elevator(s), Fitness Center, Recreation Room, Sauna, Secured Parking, Storage, Visitor Parking
Dishwasher, Gas Stove, Microwave, Range, Stove(s), Washer/Dryer, Window Coverings
n/a
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
13'10" × 9'2"
Main Floor
Living Room
14'9" × 14'4"
Main Floor
Bedroom - Primary
10'10" × 10'10"
Main Floor
Laundry
8'3" × 4'7"
Main Floor
Bedroom
12' × 11'3"
Main Floor
Walk-In Closet
7'9" × 4'
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'8" x 5'4"
Main Floor
Yes
4
7' x 7'4"
Title to Land:
Fee Simple
Community Features:
Playground
Interior Features:
Built-in Features, Dry Bar, No Animal Home, No Smoking Home, Pantry
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
cc-x
Listed Date:
May 10, 2024
Days on Mkt:
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Listed by Power Properties
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
240
Avg list price:
$382,450
Min list price:
$188,000
Max list price:
$2,900,000
Avg days on market:
44
Min days on market:
1
Max days on market:
447
Avg price per sq.ft.:
$504.15
These statistics are generated based on the current listing's property type and located in Beltline. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706