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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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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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202 255 Les Jardins Park SE
Douglasdale/Glen Calgary T2C 5V3

$477,900
Residential beds: 2 baths: 2.0 976 sq. ft. built: 2022

Main Photo: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 1: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 2: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 3: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 4: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 5: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 6: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 7: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 8: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 9: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 10: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 11: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 12: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
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Photo 14: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 15: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 16: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 17: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 18: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 19: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 20: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 21: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 22: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 23: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 24: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 25: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 26: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 27: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 28: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 29: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 30: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 31: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 32: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 33: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 34: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 35: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 36: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 37: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 38: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 39: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Photo 40: 202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2145784
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2145784
Bedrooms:
2
Bathrooms:
2
Year Built:
2022
** ALERT – NEW MORTGAGE INFO ** This home qualifies for the 30-year amortization for first-time buyers' mortgages ** Jayman Financial Brokers now available to sign-up ** LOVE YOUR LIFESTYLE! Les Jardins by Jayman BUILT next to Quarry Park. Inspired by the grand gardens of France, you will appreciate the lush central garden of Les Jardins. Escape here to connect with Nature while you savor the colorful blooms and vegetation in this gorgeous space. Ideally situated within steps of Quarry Park, you will be more than impressed. Welcome home to 70,000 square feet of community gardens, a Fitness Centre, a Dedicated dog park for your fur baby, and an outstanding single-level living OPEN FLOOR PLAN with unbelievable CORE PERFORMANCE. You are invited into a thoughtfully planned 2 Bedroom, 2 Full Bath plus expansive wrap-around balcony beautiful CORNER Condo boasting QUARTZ COUNTERS throughout, sleek STAINLESS STEEL WHIRLPOOL APPLIANCES featuring a refrigerator with French doors with built-in water and ice, dishwasher with stainless steel interior, slide in stainless steel electric convection range with ceramic cooktop and microwave hood fan. Luxury Vinyl Plank Flooring, High End Fixtures, Smart Home Technology, A/C and your very own in suite WASHER AND DRYER. This beautiful suite offers a spacious dining/living area with sliding doors and large bright windows, a spacious entry corridor with two storage closets, an expansive balcony, a galley kitchen design with an extended eating bar, and side-by-side laundry. STANDARD INCLUSIONS: Solar panels to power common spaces, smart home technology, air conditioning, state-of-the-art fitness center, high-end interior finishings, ample visitor parking, luxurious hallway design, forced air heating and cooling, and bedroom window coverings. Offering a lifestyle of easy maintenance where the exterior beauty matches the interior beauty with seamless transition. Les Jardins features central gardens, a walkable lifestyle, maintenance-free living, nature nearby, quick and convenient access, intelligence and sustainability, fitness at your fingertips, and quick access to Deerfoot Trail and Glenmore Trail. It is located minutes from downtown, from the Bow River and pathway system, and within walking distance to shopping, dining, and amenities. Schedule your appointment today!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
975.89 sq. ft.
Main Level Finished Area:
975.89 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$503.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southeast
Floor Location:
Other
Entry Level:
2
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2022 (Age: 2)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2110851
Heating:
Fan Coil, Forced Air, Natural Gas
Foundation:
Poured Concrete
Builder:
Jayman BUILT
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Stone, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle, Tar/Gravel
Ensuite:
Yes
Flooring:
Carpet, Vinyl
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Laundry Room
Condo Fee Frequency:
Monthly
Les Jardins
Douglasdale/Glen
Community Gardens, Elevator(s), Fitness Center, Gazebo, Parking, Picnic Area, Secured Parking, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
N/A
Pets Allowed
Yes
Floor
Type
Size
Other
Main Floor
Laundry
8'4" × 4'5"
Main Floor
Kitchen
10'4" × 8'8"
Main Floor
Living/Dining Room Combination
20'4" × 12'3"
Main Floor
Bedroom
11' × 10'9"
Main Floor
Bedroom - Primary
11' × 11'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'4"
Main Floor
Yes
3
5' x 8'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Closet Organizers, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Quartz Counters, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Balcony, BBQ gas line, Courtyard, Covered Courtyard, Dog Run, Garden, Lighting, Uncovered Courtyard
Patio And Porch Features:
Balcony(s), Covered, Patio, Wrap Around
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-C1
Listed Date:
Jun 30, 2024
Days on Mkt:
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Virtual Tour

3D Tour

Listed by Jayman Realty Inc.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$609,900
Min list price:
$356,900
Max list price:
$1,899,900
Avg days on market:
39
Min days on market:
1
Max days on market:
208
Avg price per sq.ft.:
$412.24
These statistics are generated based on the current listing's property type and located in Douglasdale/Glen. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706