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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102 1508 23 Avenue SW
Bankview Calgary T2T 0T7

$299,900
Residential beds: 2 baths: 1.0 810 sq. ft. built: 1970

Main Photo: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 1: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 2: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 3: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 4: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 5: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 6: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
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Photo 12: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 13: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 14: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 15: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 16: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 17: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 18: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
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Photo 20: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 21: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Photo 22: 102 1508 23 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2157775
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2157775
Bedrooms:
2
Bathrooms:
1
Year Built:
1970
CORNER UNIT | MAIN FLOOR | HIGHLY SOUGHT-AFTER NEIGHBORHOOD | TITLED PARKING | 2 BED | 1 BATH | RENOVATED Introducing this updated, charming 2-bedroom corner unit condo, nestled in the highly esteemed neighborhood of Bankview. This condo was extensively renovated in 2011. Situated on the ground level, this home offers both convenience and ease, making it an ideal choice for comfortable living. As you step inside, you'll immediately notice the knock down ceilings and thoughtful design, starting with two spacious closets in the foyer, perfect for storing jackets and shoes. The foyer leads you down a hallway to two generously sized bedrooms and a 4-piece bathroom, easily accessible for both residents and guests. The open-concept dining room seamlessly flows into the kitchen, where you'll find ample cabinetry, granite countertops, stainless steel appliances, and a stunning peninsula—perfect for both casual meals and entertaining. The kitchen and living area is bathed in natural light, thanks to the large vinyl windows that enhance the space's warmth and comfort. From here, step out onto your private balcony, an ideal spot for enjoying your morning coffee. In-unit laundry adds to the convenience of this home, making daily chores a breeze. Additionally, the condo comes with a titled parking, providing extra ease. The inclusion of vinyl windows throughout the condo ensures energy efficiency and durability, adding to the home's overall appeal. Located in the well-established community of Bankview, you'll have easy access to a variety of shopping plazas, schools, parks, and more. The condo is also close to the trendy 17th Avenue, known for its array of restaurants and vibrant atmosphere. Major roadways such as Crowchild Trail and Macleod Trail are just minutes away, making commuting and exploring the city effortless. This condo is the perfect blend of comfort, convenience, and style—don’t miss the opportunity to make it your own!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
810.37 sq. ft.
Main Level Finished Area:
810.37 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$585.00
Condo Fee Includes:
Common Area Maintenance, Heat, Professional Management, Reserve Fund Contributions, Sewer, 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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East, South
Floor Location:
Ground
Entry Level:
1
Stories Total:
3
Levels:
Single Level Unit
End Unit:
No One Below
Total Rooms Above Grade:
5
Year built:
1970 (Age: 54)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0913826
Heating:
Forced Air
New Constr.:
No
Construction Material:
Concrete, Stone, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Bankview (Calgary)
Other
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked
n/a
Condo/Strata Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
12'1" × 11'7"
Main Floor
Dining Room
8'6" × 8'
Main Floor
Kitchen
11'11" × 8'6"
Main Floor
Bedroom
12' × 10'
Main Floor
Living Room
16'3" × 12'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'6" x 9'1"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Closet Organizers, Granite Counters, Open Floorplan, Storage, Vinyl Windows
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Aug 16, 2024
Days on Mkt:
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Listed by Real Broker
Data was last updated September 20, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$419,950
Min list price:
$179,900
Max list price:
$1,895,000
Avg days on market:
28
Min days on market:
1
Max days on market:
145
Avg price per sq.ft.:
$436.52
These statistics are generated based on the current listing's property type and located in Bankview. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706