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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503 535 10 Avenue SW
Beltline Calgary T2R 0A8

$599,900
Residential beds: 1 baths: 2.0 1,358 sq. ft. built: 1909

Main Photo: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 1: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 2: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 3: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
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Photo 12: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 13: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 14: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
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Photo 16: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 17: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 18: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 19: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 20: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 21: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Photo 22: 503 535 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2143572
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2143572
Bedrooms:
1
Bathrooms:
2
Year Built:
1909
Indulge in a captivating fusion of historic allure and modern sophistication in this exceptional penthouse located in the vibrant Beltline district. Set within the renowned Hudson Building—one of the city's first loft conversions—this residence harmoniously merges classic character with contemporary luxury. The spacious, open floor plan highlights the penthouse’s rich heritage through original Fir wood ceilings, dropdown beams, and exposed brick and piping, while seamlessly integrating modern finishes. Natural light floods the space through a sunny skylight and numerous windows, creating a warm and inviting atmosphere. The gourmet kitchen is a chef's delight, equipped with stainless steel appliances, a Viking gas stove, a Miele dishwasher, concrete countertops, and custom cabinetry. The central island is perfect for casual dining and adds to the kitchen’s appeal. This versatile loft is one of the rare buildings which allows for both residential and professional use. It offers ample space for a comfortable living area and a spacious dining room for entertaining, or it can be configured as a functional workspace with room for cubicles and a central meeting area. A convenient 2-piece bathroom caters to guests, employees, or clients. The generously sized bedroom provides a serene retreat or an impressive office space for business owners, complete with a luxurious ensuite with tub and shower and a walk-in closet. French doors lead to a Juliet balcony, inviting fresh air and natural light. Additional features include a titled underground parking stall (#34) and extra gated surface stalls available for lease ($275/each). The building also offers extra large storage lockers and a common area with a gym. Located just blocks from the trendy 17th Ave and downtown core, this penthouse provides an unparalleled inner-city experience.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Loft/Bachelor/Studio
Total Living Area:
1,357.63 sq. ft.
Main Level Finished Area:
1,357.63 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$896.38
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, 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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Top
Entry Level:
5
Stories Total:
5
Levels:
Single Level Unit
End Unit:
No One Above
Total Rooms Above Grade:
3
Year built:
1909 (Age: 115)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
9411117
Heating:
Baseboard, Hot Water, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame
Structure Type:
High Rise (5+ stories)
Roof:
Tar/Gravel
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Garage Spaces:
1
Parking:
Heated Garage, Parkade, Secured, Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
See Remarks
Condo Fee Frequency:
Monthly
The Hudson
Beltline
Elevator(s), Fitness Center, Party Room, Secured Parking
Dishwasher, Gas Stove, Range Hood, Refrigerator
None
Board Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Kitchen
15' × 7'8"
Main Floor
Living/Dining Room Combination
34'9" × 29'9"
Main Floor
Walk-In Closet
15'9" × 10'11"
Main Floor
Bedroom - Primary
14'11" × 13'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Main Floor
Yes
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby, Sidewalks
Interior Features:
Beamed Ceilings, Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Soaking Tub, Storage
Exterior Features:
None
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
Jun 24, 2024
Days on Mkt:
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Listed by RE/MAX Realty Professionals
Data was last updated November 10, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
238
Avg list price:
$382,450
Min list price:
$188,000
Max list price:
$2,900,000
Avg days on market:
43
Min days on market:
1
Max days on market:
445
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