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.

  3. Email Address: Reach out to me at Diane for any inquiries or to request additional information.

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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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199 Vantage Drive Drive
Greystone (Cochrane) Cochrane T4C 2C1

$577,500
Residential beds: 3 baths: 3.0 1,556 sq. ft. built: 2024

Main Photo: 199 Vantage Drive Drive: Cochrane Row/Townhouse for sale : MLS®# A2159944
Photo 1: 199 Vantage Drive Drive: Cochrane Row/Townhouse for sale : MLS®# A2159944
Photo 2: 199 Vantage Drive Drive: Cochrane Row/Townhouse for sale : MLS®# A2159944
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Photo 24: 199 Vantage Drive Drive: Cochrane Row/Townhouse for sale : MLS®# A2159944
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2159944
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
his super energy-efficient townhome, with 3 bedrooms and 2.5 baths, offers a seamless open-concept layout with 9' ceiling on the main that effortlessly connects the dining, living, and kitchen spaces. The kitchen is functional and stylish and has stunning cabinetry, an island with an eating bar, and a pantry for storage. Step outside to find a fenced backyard, perfect for relaxing. Constructed to our Net Zero specification package, this home undergoes third-party testing and labelling to prioritize sustainability while ensuring comfort. With double-coated, triple-pane windows, a Fresh Air System (HRV), and airtight walls, heat loss is minimized, and indoor air quality is enhanced. The air source heat pump provides both winter heating and summer cooling. Complementing these features is a backup electric furnace, offering added peace of mind. Built to exceed 2030 building codes, this home will be third-party tested and CHBA Net Zero Labelled. Photos are representative.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,556.4 sq. ft.
Main Level Finished Area:
791.75 sq. ft.
Upper Level Finished Area:
764.65 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
2,414 sq. ft.
Lot Frontage:
18'11½"
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:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2024 (Age: 0)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
2311342
Heating:
Electric, Heat Pump
Basement:
Full, Unfinished
Foundation:
Poured Concrete
Builder:
AVALON MASTER BUILDER
New Constr.:
Yes
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
Other
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Greystone (Cochrane)
Dishwasher, Dryer, Microwave Hood Fan, Refrigerator, Stove(s), Washer
Solar Panels
Easement Registered On Title, Restrictive Covenant, Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Kitchen
14'7" × 12'7"
Main Floor
Dining Room
11'5" × 11'
Main Floor
Living Room
13'8" × 11'6"
Upper Level
Bedroom - Primary
12'4" × 9'11"
Upper Level
Bedroom
9'6" × 9'
Upper Level
Bedroom
9'6" × 9'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
4
0' x 0'
Upper Level
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Playground, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Kitchen Island, Low Flow Plumbing Fixtures, Open Floorplan, Recessed Lighting, Stone Counters, Walk-In Closet(s)
Exterior Features:
Private Entrance
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Low Maintenance Landscape
Num. of Parcels:
0
Fencing:
None
Region:
Rocky View County
Zoning:
R-MD
Listed Date:
Aug 23, 2024
Days on Mkt:
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Listed by Bode Platform Inc.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
188
Avg list price:
$659,900
Min list price:
$249,900
Max list price:
$1,375,000
Avg days on market:
34
Min days on market:
1
Max days on market:
399
Avg price per sq.ft.:
$370.65
These statistics are generated based on the current listing's property type and located in Cochrane. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706