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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201 515 4 Avenue NE
Bridgeland/Riverside Calgary T2E 3S2

$344,900
Residential beds: 2 baths: 2.0 613 sq. ft. built: 2016

Main Photo: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Photo 1: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Photo 2: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Photo 3: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Photo 4: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Photo 5: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
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Photo 17: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Photo 18: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
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Photo 21: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Photo 22: 201 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2152759
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2152759
Bedrooms:
2
Bathrooms:
2
Year Built:
2016
Great value in Bridgeland! This TWO-bed/TWO full Bath condo at the Victory & Venture building is a perfect investment for your portfolio or a great place to call home. This 2nd floor unit features two bedrooms and two FULL bathrooms= all the modern features one would appreciate! Other highlights include European appliances, wide-plank laminate flooring, modern colours, quartz countertops, mosaic backsplash and dimmer lighting. The open-concept kitchen is a chef’s dream, featuring glossy, white cabinets, integrated appliances, a GAS stove top, and under-mount lighting. The primary bedroom impresses with a spacious floor-to-ceiling built-in wardrobe and a luxurious 4 PC ensuite, while the second bedroom offers ample space and a floor-to-ceiling built-in closet. Enjoy summer BBQs on your south facing patio, complete with a gas hookup for outdoor entertainment! The unit features In-suite full size laundry and additional built-ins for simplicity as well as additional storage for you in the parkade. Amenities include TWO large rooftop patios with breathtaking downtown views, bars, a fireplace, a waterfall, and lounging areas. Plus, there's a gym with a yoga room and a pet wash station. Titled underground (heated!)parking and storage are included – ticking all the boxes! Walking distance to all the Bridgeland hot spots, East Village, river walks, Superstore, and more! Schedule your private showing today!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Low-Rise(1-4)
Total Living Area:
613 sq. ft.
Main Level Finished Area:
613 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$423.00
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Professional Management, Reserve Fund Contributions, 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:
South
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:
2016 (Age: 8)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1710246
Heating:
Baseboard, Fireplace(s)
New Constr.:
No
Construction Material:
Composite Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric, Living Room
Garage:
0
Parking:
Parkade, Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Victory & Venture
Bridgeland/Riverside
Elevator(s), Fitness Center, Other, Roof Deck, Secured Parking, Snow Removal, Storage, Trash, Visitor Parking
Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
Light Fixtures
Restrictive Covenant, Utility Right Of Way
Yes
Floor
Type
Size
Other
Main Floor
Entrance
6'9" × 6'1"
Main Floor
Living Room
12'7" × 12'1"
Main Floor
Bedroom
9'10" × 8'5"
Main Floor
Kitchen
12'5" × 9'9"
Main Floor
Bedroom - Primary
10'5" × 9'11"
Main Floor
Laundry
2'10" × 1'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
6'9" x 2'11"
Main Floor
No
4
7'8" x 5'10"
Title to Land:
Fee Simple
Community Features:
Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers
Exterior Features:
Balcony, BBQ gas line, Courtyard, Other
Patio And Porch Features:
Patio, Rooftop Patio, See Remarks
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jul 26, 2024
Days on Mkt:
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Listed by Royal LePage Benchmark
Data was last updated September 20, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$439,950
Min list price:
$199,000
Max list price:
$2,999,900
Avg days on market:
33
Min days on market:
1
Max days on market:
142
Avg price per sq.ft.:
$558.21
These statistics are generated based on the current listing's property type and located in Bridgeland/Riverside. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706