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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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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140 Cranwell Crescent SE
Cranston Calgary T3M 1G4

$750,000
Residential beds: 4 baths: 4.0 1,913 sq. ft. built: 2003

Main Photo: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 1: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 2: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 3: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 4: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 5: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 6: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 7: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 8: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 9: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 10: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 11: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 12: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 13: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 14: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 15: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 16: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 17: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 18: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 19: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 20: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 21: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 22: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 23: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 24: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 25: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 26: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 27: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 28: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 29: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 30: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 31: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Photo 32: 140 Cranwell Crescent SE in Calgary: Cranston Detached for sale : MLS®# A2157941
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2157941
Bedrooms:
4
Bathrooms:
4
Year Built:
2003
This home is perfectly situated in the family-friendly neighborhood of Cranston, surrounded by playgrounds, parks, and scenic walking paths. You'll love the convenience of being close to schools, you can walk out your back door along the pathways to get to two schools. Located close to shopping, and the walking paths that lead to the picturesque Cranston Ridge, which offers breathtaking views of the Mountains and the Bow River. The interior boasts 9-foot ceilings on the main floor and an impressive 10-foot ceiling in the dining area, enhancing the open and airy feel with the kitchen open to the living room with a fireplace. The vaulted bonus room provides a grand space for relaxation or entertaining or just to cozy up by the corner fireplace. The upper floor has 3 good sized bedrooms, the spacious primary bedroom has a luxurious 5-piece ensuite and walk in closet. This home is designed for both comfort and style, featuring updated counters, central air conditioning, fresh paint throughout. The large recreation room in the basement is perfect for family fun along with a fourth bedroom and three piece bathroom. The multi level deck, equipped with a gas line for your BBQ, is ideal for outdoor gatherings. A perfect blend of functionality and location best describes this home.
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:
1,912.61 sq. ft.
Main Level Finished Area:
874.29 sq. ft.
Upper Level Finished Area:
1,038.31 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
838.28 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
4,424 sq. ft.
Lot Frontage:
30'8"
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:
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2003 (Age: 21)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0214180
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
House
Roof:
Asphalt
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum, Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
HOA Fee:
$189.53
Cranston
Playground
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Garage Control 1 remote, existing window coverings, central airconditioner
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
9'11" × 7'
Main Floor
Kitchen
17'11" × 11'
Main Floor
Living Room
17'11" × 15'5"
Main Floor
Foyer
8'5" × 6'9"
Main Floor
Laundry
8'10" × 5'9"
2nd Floor
Bonus Room
17'9" × 14'4"
2nd Floor
Bedroom - Primary
13'10" × 12'11"
2nd Floor
Bedroom
11'3" × 10'3"
2nd Floor
Bedroom
11'1" × 8'10"
Basement
Bedroom
14'11" × 11'4"
Basement
Game Room
19'8" × 11'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'9" x 4'7"
2nd Floor
No
4
4'11" x 8'5"
2nd Floor
Yes
5
10'8" x 12'
Basement
No
3
12'9" x 6'2"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Crown Molding, Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Pantry
Exterior Features:
Playground
Patio And Porch Features:
Deck
Lot Features:
Backs on to Park/Green Space, Lawn, No Neighbours Behind, Pie Shaped Lot, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-1N
Listed Date:
Aug 15, 2024
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by RE/MAX Landan Real Estate
Data was last updated September 20, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$599,900
Min list price:
$279,900
Max list price:
$1,379,000
Avg days on market:
17
Min days on market:
1
Max days on market:
114
Avg price per sq.ft.:
$399.34
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706