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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207 515 4 Avenue NE
Bridgeland/Riverside Calgary T2E 0J9

$349,900
Residential beds: 2 baths: 2.0 660 sq. ft. built: 2016

Main Photo: 207 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2160198
Photo 1: 207 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2160198
Photo 2: 207 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2160198
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Photo 22: 207 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2160198
Photo 23: 207 515 4 Avenue NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2160198
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2160198
Bedrooms:
2
Bathrooms:
2
Year Built:
2016
Welcome to upscale living in this exceptional 2-bedroom, 2-bathroom CORNER unit at Victory & Venture in Bridgeland. This bright and inviting home features an open-concept layout with premium finishes throughout, including elegant quartz countertops, a sleek kitchen with white glossy cabinets, built-in European appliances, and an electric fireplace. The spacious living room is enhanced by numerous large windows that fill the space with natural light, while both bedrooms also feature LARGE generous windows, ensuring ample illumination throughout the day. The master bedroom offers a tall built-in closet and a luxurious ensuite bathroom, while the second bedroom boasts a stylish Euro-style bathroom with a floor-to-ceiling tiled shower. Enjoy modern conveniences such as custom closet organizers and modern window coverings. Residents have access to outstanding amenities, including two expansive rooftop patios with stunning downtown views, a well-equipped exercise room with a yoga area, a pet wash station, and a bike repair station. Ideally situated just steps from downtown Calgary and the vibrant shops and restaurants of Bridgeland, this unit also includes a titled underground parking space and an generous size storage unit. Don’t miss this opportunity to own a remarkable condo in a prime location!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Low-Rise(1-4)
Total Living Area:
660 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$452.30
Condo Fee Includes:
Common Area Maintenance, Heat, Reserve Fund Contributions, Snow Removal
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Other
Entry Level:
2
Stories Total:
4
Levels:
Single Level Unit
End Unit:
1 Common Wall, End Unit
Total Rooms Above Grade:
4
Year built:
2016 (Age: 8)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1710246
Heating:
Baseboard, Fireplace(s), Natural Gas
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt
Ensuite:
Yes
Flooring:
Laminate, Wood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric, Living Room
Garage:
0
Parking:
Heated Garage, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Victory & Venture
Bridgeland/Riverside
Fitness Center, Storage, Visitor Parking
Dishwasher, Gas Cooktop, Range Hood, Refrigerator, Washer/Dryer Stacked
none
Board Approval, Short Term Rentals Not Allowed, Utility Right Of Way
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
11'9" × 11'2"
Main Floor
Kitchen
11'4" × 5'2"
Main Floor
Bedroom - Primary
10'4" × 9'2"
Main Floor
Bedroom
10'2" × 9'8"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
6' x 7'8"
Main Floor
No
3
4' x 7'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
High Ceilings, Quartz Counters, Storage
Exterior Features:
Barbecue, Courtyard, Garden
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Aug 24, 2024
Days on Mkt:
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Listed by Grand Realty
Data was last updated September 20, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$439,950
Min list price:
$199,000
Max list price:
$2,999,900
Avg days on market:
33
Min days on market:
1
Max days on market:
142
Avg price per sq.ft.:
$558.21
These statistics are generated based on the current listing's property type and located in Bridgeland/Riverside. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706