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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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NEXT Open House details
Sep 21, 2024 11:00 AM - 01:00 PM MDT

1111 Sage Meadows Gardens NW
Sage Hill Calgary T3P 1K3

$515,000
Residential beds: 5 baths: 4.0 1,303 sq. ft. built: 2018

Exterior
Photo 1: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 2: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 3: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 4: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 5: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 6: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 7: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 8: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 9: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 10: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 11: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 12: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 13: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 14: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 15: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 16: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 17: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 18: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 19: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 20: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 21: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 22: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 23: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 24: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 25: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 26: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 27: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 28: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 29: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 30: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 31: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 32: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 33: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 34: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Photo 35: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
Open House - Sep 21, 2024
11:00 AM - 01:00 PM MDT
NOTES: Open House on Saturday, September 21, 2024 11:00AM - 1:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2160353
Bedrooms:
5
Bathrooms:
4
Year Built:
2018
Don’t miss the opportunity to own a unique 5 bedroom house in the community of Sage hill. Built in 2018, the condo features an open concept layout and wide-plank luxury vinyl flooring throughout the main floor. Modern design throughout the home. The kitchen features a large U-shaped granite countertop with a breakfast bar. Upstairs are 3 bedrooms including the master, with a walk-in closet and double vanity sinks. In the basement are 2 great size bedrooms. This end unit sits on the corner of a quiet complex overlooking a recreational park, located across the road from a field and baseball diamond, and 2 minutes away from Creekside Shopping Center. Out on the front yard is a private low-maintenance concrete patio, perfect for entertainment. Included are 1 assigned parking spots Schedule a showing today to see what this gem has to offer.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Bare Land
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,303.1 sq. ft.
Main Level Finished Area:
619.69 sq. ft.
Upper Level Finished Area:
683.42 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
538.84 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$303.70
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Includes:
Lot Area:
1,011 sq. ft.
Lot Frontage:
23'
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:
Northwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls, End Unit
Total Rooms Above Grade:
6
Year built:
2018 (Age: 6)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1812252
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Cement Fiber Board, Metal Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Sage Hill
Park, Playground, Snow Removal, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
N/A
Board Approval
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
13'4" × 13'1"
Main Floor
Kitchen
14'5" × 9'7"
Main Floor
Dining Room
16'1" × 5'9"
Upper Level
Bedroom - Primary
10'7" × 9'10"
Upper Level
Bedroom
9'11" × 9'4"
Upper Level
Bedroom
8'11" × 7'11"
2nd Floor
Laundry
5'5" × 3'1"
Basement
Bedroom
13'1" × 8'10"
Basement
Bedroom
13'10" × 13'
Basement
Furnace/Utility Room
9'5" × 6'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'1" x 5'2"
2nd Floor
Yes
4
6'11" x 8'10"
2nd Floor
No
4
5'5" x 9'4"
Basement
No
4
4'11" x 9'
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Chandelier, Closet Organizers, Granite Counters, Kitchen Island, Tankless Hot Water
Exterior Features:
Other
Patio And Porch Features:
Front Porch
Lot Features:
Front Yard, Low Maintenance Landscape, Street Lighting, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
M-1 d60
Listed Date:
Aug 30, 2024
Days on Mkt:
  • Photo 1: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Exterior
  • Photo 2: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Living Room
  • Photo 3: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Living Room
  • Photo 4: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Living Room
  • Photo 5: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Dining Room
  • Photo 6: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Dining Room
  • Photo 7: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Kitchen
  • Photo 8: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Kitchen
  • Photo 9: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Guest Washroom (Main floor)
  • Photo 10: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Upstairs
  • Photo 11: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Upstairs
  • Photo 12: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Upstairs Hallway
  • Photo 13: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Upstairs 4pc Washroom
  • Photo 14: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Master Bedroom
  • Photo 15: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Master Bedroom
  • Photo 16: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Master Walk-in Closet
  • Photo 17: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Master Bedroom Ensuite
  • Photo 18: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Master Bedroom Ensuite
  • Photo 19: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #2 (Upstairs)
  • Photo 20: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #2 (Upstairs)
  • Photo 21: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #3 (Upstairs)
  • Photo 22: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #3 (Upstairs)
  • Photo 23: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Laundry Room
  • Photo 24: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Basement Stairs
  • Photo 25: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #4 (Basement)
  • Photo 26: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #4 (Basement)
  • Photo 27: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #4 (Basement)
  • Photo 28: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #5 (Basement)
  • Photo 29: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Bedroom #5 (Basement)
  • Photo 30: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Basement 4pc Washroom
  • Photo 31: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Utility Room
  • Photo 32: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Utility Room
  • Photo 33: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Utility Room
  • Photo 34: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Front Yard/ Patio
  • Photo 35: 1111 Sage Meadows Gardens NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2160353
    Front Yard/ Patio

Virtual Tour

Listed by First Place Realty
Data was last updated September 20, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
73
Avg list price:
$449,700
Min list price:
$275,000
Max list price:
$1,249,900
Avg days on market:
22
Min days on market:
1
Max days on market:
143
Avg price per sq.ft.:
$433.06
These statistics are generated based on the current listing's property type and located in Sage Hill. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706