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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2801 910 5 Avenue SW
Downtown Commercial Core Calgary T2P 0C3

$2,250,000
Residential beds: 2 baths: 3.0 3,124 sq. ft. built: 2008

Main Photo: 2801 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2150038
Photo 1: 2801 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2150038
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Photo 34: 2801 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2150038
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2150038
Bedrooms:
2
Bathrooms:
3
Year Built:
2008
Welcome to Five West, a safe and secure complex in the heart of downtown Calgary. This executive built air-conditioned penthouse has been recently painted throughout and boasts spectacular views of the Rocky Mountains and Bow River. With over 3000sqft of living space, you can enjoy the bright and open floor plan. Upon entry, you'll be met with a formal dining room with coffered ceilings and gorgeous mountain views. The gourmet kitchen comes equipped with granite countertops, a breakfast eating bar, stainless steel appliances, and a walk in pantry. The kitchen opens up to the large great room with breathtaking views and a cozy gas fireplace. Entry to the 2 balconies are through the great room, one on the West side and one on the East side. A spacious family or flex room is just off of the great room, leading into a den, perfect for a home office. The second bedroom can be found on the East side of the unit with a walk in closet and a and a 3 piece ensuite. The west side of the unit boasts a large primary bedroom complete with full length windows and a huge walk-in closet. The 6 piece spa like ensuite has a large jetted tub, oversized steam shower, and convenient heated towel bars. The unit is complete with a 2 piece powder room and a large laundry room. Enjoy the convenience of having 2 titled, underground parking stalls and an assigned storage locker. The building has been well looked after and is very safe and secure. Pride of ownership is evident throughout the unit. Located within walking distance to multiple amenities and transportation. Exceptional value!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Penthouse
Total Living Area:
3,123.84 sq. ft.
Main Level Finished Area:
3,123.84 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$2,348.39
Condo Fee Includes:
Caretaker, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Security Personnel, Sewer, 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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Top
Entry Level:
28
Stories Total:
28
Levels:
Single Level Unit
End Unit:
End Unit
Total Rooms Above Grade:
8
Year built:
2008 (Age: 16)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
0715974
Heating:
Fan Coil, Natural Gas
New Constr.:
No
Construction Material:
Brick, Concrete, Stone
Structure Type:
High Rise (5+ stories)
Roof:
Metal
Ensuite:
Yes
Flooring:
Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
0
Parking:
Stall, Titled, Underground
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Five West Phase II
Downtown Commercial Core
Car Wash, Elevator(s), Storage, Visitor Parking
Dishwasher, Dryer, Microwave, Oven-Built-In, Refrigerator, Stove(s), Washer
Vacuum System plus Attachments
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
23'2" × 21'2"
Main Floor
Kitchen
23'7" × 12'4"
Main Floor
Pantry
13' × 2'6"
Main Floor
Dining Room
15'7" × 14'
Main Floor
Foyer
10'8" × 5'4"
Main Floor
Den
11'8" × 8'9"
Main Floor
Family Room
20'6" × 11'9"
Main Floor
Bedroom - Primary
23'1" × 16'4"
Main Floor
Bedroom
23'1" × 16'11"
Main Floor
Laundry
7'7" × 7'3"
Main Floor
Balcony
20'8" × 11'2"
Main Floor
Balcony
20'8" × 11'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 6'6"
Main Floor
Yes
5
11'9" x 22'2"
Main Floor
Yes
3
8'2" x 10'11"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
Built-in Features, High Ceilings, No Animal Home, No Smoking Home
Exterior Features:
Other, Storage
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
CR20-C20/R20
Listed Date:
Sep 06, 2024
Days on Mkt:
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3D Tour

Listed by Greater Property Group
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$521,950
Min list price:
$210,000
Max list price:
$2,250,000
Avg days on market:
44
Min days on market:
1
Max days on market:
127
Avg price per sq.ft.:
$517.41
These statistics are generated based on the current listing's property type and located in Downtown Commercial Core. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706