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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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4 Manyhorses Close
Rural Rocky View MD Rural Rocky View County T3Z 1A1

$899,000
Residential beds: 4 baths: 3.0 3,158 sq. ft. built: 1989

Exterior Front
Photo 1: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 2: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 3: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 4: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 5: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 6: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 7: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 8: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 9: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 10: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 11: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 12: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 13: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 14: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 15: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 16: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 17: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 18: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 19: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 20: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 21: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 22: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 23: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 24: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 25: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 26: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 27: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 28: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 29: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 30: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 31: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 32: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 33: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 34: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 35: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 36: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 37: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 38: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 39: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 40: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 41: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 42: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 43: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 44: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 45: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 46: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 47: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 48: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Photo 49: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2153931
Bedrooms:
4
Bathrooms:
3
Year Built:
1989
Looking for the perfect place to raise a growing family? Redwood Meadows is one of the best. This secluded community is filled with activities, surrounded by nature and has access to top schools as well. It is a place where kids can ride their bikes, run through sprinklers on the lawn, and play at the many playgrounds until it's time to come in for dinner. And this home, tastefully updated, more than 3100 square feet of living space, bordering onto greenspace, is a beautiful place to come home to. Located on a quiet cul de sac, you arrive to a beautiful, private setting in the forest. The main floor offers many areas to entertain guests or make memories with your family, from the large formal dining room and living room, to the more casual family room featuring a floor to ceiling Colorado split limestone fireplace. There is also the renovated kitchen with pantry and granite countertops, featuring another dining area set in a lovely bay window overlooking the back deck. Upstairs is the real treat for a growing family, with a sprawling master suite for Mom and Dad, but also 3 more large bedrooms all with walk-in closets! There is also a study loft that is currently being used as an office, but would be a great play area. The primary suite has a 5-piece ensuite bathroom as large as a bedroom itself, a massive walk-in closet with laundry chute, and there is also another 4-piece bath on this level, and convenient powder room on the main. Check out the 3-D tour! The backyard is a wonderful place, very private with beautiful landscaping, a wide lawn for games, multi-level deck for entertaining, cozy fire pit, and a fenced-in dog run area. Upgrades to the home include 50-year concrete tile roof, security system, wiring in place to add a hot tub, and newly refinished decks. The double garage is oversized and also heated. The basement is mostly undeveloped, giving you tons of room for storage but also the opportunity to create a guest suite, theater room....or whatever you wish! The community of Redwood Meadows has so much to offer- parks, playgrounds, trails (entrance to one is right across the street!), for walking, mountain biking, and x-country skiing There is easy access to the Elbow river for fishing, swimming, or canoeing, tennis and basketball courts, disc-golf, the 18 hole golf course, a hockey rink (skateboard park in summer) an athletic field with soccer fields and a baseball diamond, and community center.  With the shops and restaurants of the town of Bragg Creek only 8 minutes down the road, you'll never miss the city! With all the Kananaskis Country being less that 15 minutes away, you'll love the wilderness!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
3,158 sq. ft.
Main Level Finished Area:
1,469 sq. ft.
Upper Level Finished Area:
1,510 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,339 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
16,988 sq. ft.
Lot Frontage:
85'4"
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
Levels:
Two
Total Rooms Above Grade:
9
Year built:
1989 (Age: 35)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
67816
Heating:
Forced Air
Basement:
Partial, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Cedar, Concrete, Wood Frame
Structure Type:
House
Roof:
Concrete, Tile
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
None
Fireplaces:
2
Fireplace Details:
Wood Burning
Water Supply:
Public
Sewer:
Public Sewer
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Redwood Meadows
Dishwasher, Dryer, Electric Stove, Freezer, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer, Window Coverings
Security System, 2 sheds, Gazebo, light fixtures, Arbour, Swing, Planters, T.V and wall mount in living room
None Known
Floor
Type
Size
Other
Main Floor
Breakfast Nook
18' × 11'8"
Main Floor
Dining Room
13'2" × 11'6"
Main Floor
Family Room
20'11" × 14'8"
Main Floor
Foyer
9'4" × 7'7"
Main Floor
Kitchen
13'4" × 12'2"
Main Floor
Laundry
10'8" × 6'7"
Main Floor
Living Room
15' × 13'
Main Floor
Mud Room
10'8" × 6'1"
Main Floor
Bedroom
13'6" × 11'10"
2nd Floor
Bedroom
14'8" × 10'2"
2nd Floor
Bedroom
18'2" × 10'2"
2nd Floor
Bedroom - Primary
26'3" × 14'8"
Basement
Game Room
38'4" × 17'2"
Basement
Storage
19'10" × 18'8"
Basement
Furnace/Utility Room
20'5" × 18'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3' x 7'3"
2nd Floor
No
4
6'2" x 10'
2nd Floor
Yes
5
13'5" x 11'6"
Title to Land:
Leasehold
Community Features:
Fishing, Golf, Park, Playground, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Built-in Features, Ceiling Fan(s), Central Vacuum, Chandelier, Closet Organizers, Granite Counters, Jetted Tub, Pantry
Exterior Features:
Dog Run, Fire Pit, Garden, Lighting, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Backs on to Park/Green Space, Cul-De-Sac, Dog Run Fenced In, Lawn, Garden, Low Maintenance Landscape, Landscaped, Many Trees, Street Lighting, Yard Lights, Private, Secluded, Treed
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
None
Nearest Town:
Bragg Creek
Region:
Rocky View County
Zoning:
R1
Listed Date:
Aug 08, 2024
Days on Mkt:
  • Photo 1: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Exterior Front
  • Photo 2: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Elevated View of the front
  • Photo 3: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Exterior Rear
  • Photo 4: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Rear Deck
  • Photo 5: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Rear Deck
  • Photo 6: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Rear Deck
  • Photo 7: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Night View of the Deck
  • Photo 8: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Front Deck and Entrance
  • Photo 9: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Entrance Foyer
  • Photo 10: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Living Room
  • Photo 11: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Dining Room looking toward the Living Room
  • Photo 12: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Kitchen
  • Photo 13: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Kitchen
  • Photo 14: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Kitchen and Nook
  • Photo 15: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Family Dining
  • Photo 16: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    View of the Kitchen with Family Room beyond
  • Photo 17: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Family Room
  • Photo 18: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Family Room
  • Photo 19: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Family Room
  • Photo 20: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Fireplace in the Family Room
  • Photo 21: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Powder Room
  • Photo 22: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Entrance to the Garage
  • Photo 23: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Garage
  • Photo 24: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Stair to the Upper Level
  • Photo 25: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Loft at the top of the stair
  • Photo 26: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Loft
  • Photo 27: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Primary Bedroom
  • Photo 28: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Primary Bedroom
  • Photo 29: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Walk-In Closet in the Primary Suite
  • Photo 30: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Primary En Suite
  • Photo 31: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    En Suite
  • Photo 32: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    En Suite
  • Photo 33: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Bedroom 2
  • Photo 34: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Bedroom 2
  • Photo 35: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Bedroom 3
  • Photo 36: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Bedroom 4, currently being used as a dressing room
  • Photo 37: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Bedroom 4
  • Photo 38: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Main Bath
  • Photo 39: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Stair to the basement
  • Photo 40: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Exercise area in the basement
  • Photo 41: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Visitor who came up to the deck
  • Photo 42: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Kennel
  • Photo 43: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Firepit
  • Photo 44: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Swing and 2 storey shed/treehouse
  • Photo 45: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Door of the treehouse
  • Photo 46: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Path accross the street which gives access to the berm
  • Photo 47: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Path
  • Photo 48: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Berm
  • Photo 49: 4 Manyhorses Close in Rural Rocky View County: Rural Rocky View MD Detached for sale : MLS®# A2153931
    Aerial View of the River

Virtual Tour

Listed by MaxWell Canyon Creek
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
172
Avg list price:
$1,749,900
Min list price:
$419,000
Max list price:
$14,300,000
Avg days on market:
67
Min days on market:
1
Max days on market:
1,268
Avg price per sq.ft.:
$648.14
These statistics are generated based on the current listing's property type and located in Rural Rocky View MD. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706