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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432 Mountain Tranquility Place
Silvertip Canmore X0X 0X0

$5,433,750
Residential beds: 5 baths: 4.0 4,342 sq. ft. built: 2025

Main Photo: 432 Mountain Tranquility Place: Canmore Detached for sale : MLS®# A2151946
Photo 1: 432 Mountain Tranquility Place: Canmore Detached for sale : MLS®# A2151946
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2151946
Bedrooms:
5
Bathrooms:
4
Year Built:
2025
Step into luxurious living with this exceptional estate home, perfectly positioned on the renowned Silvertip Golf Course. Spanning nearly 4400sf, this exquisite residence features 5 spacious bedrooms and countless premium amenities designed to elevate your lifestyle. The home welcomes you with a grand foyer that seamlessly flows into the mudroom where you'll find built-ins, bench seating, and custom cabinetry while the triple car garage offers plenty of space for vehicles and gear. On this first floor, you’ll find a well-appointed home gym with glass enclosure and two of the five bedrooms offering comfort and versatility. The large rec room, complete with a wet bar and second gas fireplace is perfect for entertaining or unwinding after a day on the course. An elevator provides convenient access to all three floors, ensuring every level can be easily navigated. The heart of this home is undoubtedly the kitchen. Adorned with massive vaulted ceilings and nearly 360-degree windows capturing stunning views of Canmore’s most famous mountain ranges. Equipped with a built-in fridge, a generous butler’s pantry, large quartz island, 6 burner gas fireplace, and opulent wine cellar. Centered around a show-stopping stone-facing gas fireplace, the living room opens to a generous wrap around deck with unparalleled views and all day sun. Past the dining room and down the hall, you'll find the primary suite including an 11x17 walk-in closet and dreamy ensuite with double vanities and water closet, and a private balcony. Heading upstairs, you're greeted by an open air loft, 2 additional bedrooms and a Jack and Jill bathroom, providing both privacy and comfort for family members or guests. Blending luxury, comfort, and nature in a pristine golf course setting, experience the pinnacle of mountain living in this premier home built by one of Canmore's most notable builders, Distinctive Homes. *all interior selections can be chosen and customized by the buyers*
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 Storey
Total Living Area:
4,342 sq. ft.
Main Level Finished Area:
1,920 sq. ft.
Upper Level Finished Area:
780 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
14,639 sq. ft.
Lot Frontage:
40'
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:
Southwest
Reg. Size:
Reg. Size Includes:
Levels:
Three Or More
Total Rooms Above Grade:
7
Year built:
2025 (Age: -)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0411061
Heating:
In Floor, Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
None, Other
Fireplaces:
2
Fireplace Details:
Gas, Living Room, Recreation Room, Stone
Garage:
1
Garage Spaces:
3
Parking:
Double Garage Attached, Single Garage Attached
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Laundry Room, Main Level
Silvertip
Bar Fridge, Built-In Refrigerator, Dishwasher, Freezer, Garburator, Gas Range, Microwave, Range Hood, Washer/Dryer
Wine cellar
None Known
Floor
Type
Size
Other
Main Floor
Living Room
20' × 19'
Main Floor
Kitchen
15'2" × 14'
Main Floor
Pantry
9'6" × 8'6"
Main Floor
Wine Cellar
6' × 5'4"
Main Floor
Dining Room
16' × 12'
Main Floor
Walk-In Closet
17' × 11'
Main Floor
Bedroom - Primary
17'6" × 12'6"
Main Floor
Laundry
9'6" × 9'6"
Upper Level
Bedroom
12'8" × 12'
Upper Level
Bedroom
12'2" × 11'
Upper Level
Loft
20' × 11'7"
Lower Level
Bedroom
11'6" × 11'6"
Lower Level
Exercise Room
15'2" × 14'
Lower Level
Game Room
22'4" × 18'8"
Lower Level
Furnace/Utility Room
9'6" × 9'2"
Lower Level
Bedroom
13'6" × 12'
Lower Level
Mud Room
12' × 11'
Lower Level
Foyer
16'6" × 13'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
15' x 11'8"
Main Floor
No
2
Upper Level
Yes
5
Lower Level
No
4
Title to Land:
Fee Simple
Community Features:
Park, Playground, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Beamed Ceilings, Built-in Features, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
BBQ gas line, Lighting
Patio And Porch Features:
Deck, Wrap Around
Lot Features:
No Neighbours Behind, Irregular Lot, On Golf Course, Views
Num. of Parcels:
0
Fencing:
None
Region:
Bighorn No. 8, M.D. of
Zoning:
R1 - single family
Listed Date:
Jul 23, 2024
Days on Mkt:
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Listed by RE/MAX Alpine Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
150
Avg list price:
$1,199,000
Min list price:
$69,995
Max list price:
$8,717,800
Avg days on market:
61
Min days on market:
1
Max days on market:
844
Avg price per sq.ft.:
$878.59
These statistics are generated based on the current listing's property type and located in Canmore. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706