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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80 Green Meadow Drive
Green Meadow Strathmore T1P 1L6

$550,000
Residential beds: 3 baths: 3.0 1,141 sq. ft. built: 1994

Main Photo: 80 Green Meadow Drive: Strathmore Detached for sale : MLS®# A2157238
Photo 1: 80 Green Meadow Drive: Strathmore Detached for sale : MLS®# A2157238
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2157238
Bedrooms:
3
Bathrooms:
3
Year Built:
1994
Price Adjusted to SELL! Move in Now! Insurance will cover replacement of siding and roof. Airconditioned. Bilevel. Treed, Fenced Back Yard. Outdoor Space includes Deck with Awning, plus lower patio to Enjoy. House is Bright and Spacious Vaulted Ceilings. Eat in Kitchen. Laundry Shute from the Primary Ensuite to the Lower Laundry Room. 3 Great Sized Bedrooms. Family/Great Room with Gas Fireplace. upgraded. New Carpet. New Stove and Hood Fan. Front Attached Garage is 19.5 X 21.10 with passage door to backyard. Rear Alley Access. Shed. Ideal Location to Green Space walking paths along the Western Irrigation Canal, Disc Golf. Soccer Fields. Minutes to George Freeman plus all schools and recreation facilities. . Immediate Possession. 1998 square feet RMS + Finished Area. New Carpet/ 3 New Windows. New Stove. Deck 11.6"X 11.9" with Awning. Like the Virtual Staging!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bi-Level
Total Living Area:
1,141 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,500 sq. ft.
Lot Frontage:
15'2⅞"
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:
East
Reg. Size:
Reg. Size Includes:
Levels:
Bi-Level
Total Rooms Above Grade:
6
Year built:
1994 (Age: 30)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
8211392
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Family Room, Free Standing, Gas
Garage:
1
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Off Street
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Lower Level
Green Meadow
Electric Stove
N/A
None Known
Floor
Type
Size
Other
Main Floor
Entrance
7'10" × 6'9"
Main Floor
Living Room
17'3" × 11'8"
Main Floor
Kitchen With Eating Area
13'6" × 9'2"
Main Floor
Dining Room
12'2" × 8'6"
Main Floor
Bedroom
14'1" × 9'4"
Main Floor
Bedroom - Primary
13'7" × 12'2"
Main Floor
Walk-In Closet
7'5" × 4'6"
Main Floor
Kitchen With Eating Area
13'6" × 9'2"
Lower Level
Furnace/Utility Room
14'10" × 11'8"
Lower Level
Bedroom
14' × 11'3"
Lower Level
Great Room
32'4" × 14'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 8'7"
Main Floor
Yes
4
5'11" x 9'9"
Lower Level
No
3
5'11" x 8'11"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Ceiling Fan(s), Central Vacuum, Closet Organizers, High Ceilings
Exterior Features:
Awning(s), Fire Pit, Private Yard
Patio And Porch Features:
Deck, Front Porch, Patio
Lot Features:
Back Lane, Back Yard, Few Trees, Front Yard
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Fenced
Region:
Wheatland County
Zoning:
R1
Listed Date:
Aug 14, 2024
Days on Mkt:
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Listed by RE/MAX Landan Real Estate
Data was last updated November 10, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
53
Avg list price:
$530,000
Min list price:
$179,999
Max list price:
$2,200,000
Avg days on market:
31
Min days on market:
2
Max days on market:
212
Avg price per sq.ft.:
$361.35
These statistics are generated based on the current listing's property type and located in Strathmore. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706