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!

New Construction Homes for sale under $300,000 in Calgary, AlbertaApplewood Park
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2639 29 Street SW
Killarney/Glengarry Calgary T3E 2K6

$1,250,000
Residential beds: 3 baths: 1.0 952 sq. ft. built: 1953

Main Photo: 2639 29 Street SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2160307
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2160307
Bedrooms:
3
Bathrooms:
1
Year Built:
1953
This is a fantastic opportunity to Invest in the vibrant Killarney community. This is a prime lot with significant redevelopment potential (H-GO zoning). Just a short walk from shopping, dining, the library, a recreation center, and various other amenities, this location offers convenient access to everything you need, including transportation to have a very attractive rental building. The existing well-maintained three-bedroom home features a kitchen with ample cabinetry, a spacious living room, and a large backyard. Additionally, the property includes a detached single-car garage, plenty of parking in the front, and an extra parking space beside the garage. This property is ideal for generating rental income while planning redevelopment or as a great revenue property. We can provide an amazing revenue generating redevelopment concept call for more details.. This lot comes with development permit approval, DSSP approval, and full Building Permit plans.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
952 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
7,534 sq. ft.
Lot Frontage:
50'4"
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:
One
Total Rooms Above Grade:
5
Year built:
1953 (Age: 71)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
1855W
Heating:
Forced Air, Natural Gas
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Off Street, Single Garage Detached, Stall
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Killarney/Glengarry
Dryer, Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
11'6" × 9'7"
Main Floor
Living Room
16' × 15'8"
Main Floor
Bedroom - Primary
11'7" × 10'4"
Main Floor
Bedroom
10'8" × 7'11"
Main Floor
Bedroom
11'4" × 10'4"
Floor
Ensuite
Pieces
Other
Suite
No
4
5' x 7'8"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Corner Lot, Few Trees, See Remarks
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
H-GO
Listed Date:
Aug 25, 2024
Days on Mkt:
  • Photo 1: 2639 29 Street SW in Calgary: Killarney/Glengarry Detached for sale : MLS®# A2160307
    Photo 1 of 1
Larger map options:
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Listed by Coldwell Banker Mountain Central
Data was last updated September 20, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$837,450
Min list price:
$230,000
Max list price:
$1,279,000
Avg days on market:
20
Min days on market:
1
Max days on market:
98
Avg price per sq.ft.:
$492.36
These statistics are generated based on the current listing's property type and located in Killarney/Glengarry. Average values are derived using median calculations.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Diane Richardson
Cell: 403-397-3706