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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654 Marina Drive
Westmere Chestermere T1X 0S3

$869,000
Residential beds: 4 baths: 4.0 2,413 sq. ft. built: 2013

Main Photo: 654 Marina Drive: Chestermere Detached for sale : MLS®# A2161687
Photo 1: 654 Marina Drive: Chestermere Detached for sale : MLS®# A2161687
Photo 2: 654 Marina Drive: Chestermere Detached for sale : MLS®# A2161687
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Photo 34: 654 Marina Drive: Chestermere Detached for sale : MLS®# A2161687
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2161687
Bedrooms:
4
Bathrooms:
4
Year Built:
2013
Welcome to this exquisite 2-storey, 4-bedroom, 3.5-bathroom home, complete with a triple car garage, a fully developed walkout basement, central air conditioning, and a host of upgrades. As you enter the home, you're greeted by an inviting hallway that leads to a spacious living room. Here, you'll find a stunning exposed brick wall, a cozy gas fireplace, and large east-facing windows that flood the main floor with natural morning light. The open-concept design seamlessly connects the living area to the chef's kitchen, which is equipped with upgraded stainless steel appliances, including a gas stove. The kitchen also features a walk-through pantry, ample cupboard and counter space, a large center island with granite waterfall edges, and barstool seating. Adjacent to the kitchen, a spacious dining area is perfect for family meals and entertaining, with additional cabinetry for storage. From the dining area, step out onto the beautiful balcony, ideal for soaking up the sun and complete with a gas line for BBQs. Head upstairs to find a versatile bonus room, perfect for a home office or play area, along with three well-appointed bedrooms and two full bathrooms. The primary bedroom boasts vaulted ceilings, an exposed brick accent, a walk-in closet, and a luxurious 5-piece ensuite. This ensuite oasis includes a large soaking tub, separate his-and-hers vanities, a standalone shower, and a private water closet. The two additional bedrooms share a 4-piece bathroom with a tub/shower combo and under-sink storage. Conveniently, the upper level also includes a dedicated laundry room. The fully finished walkout basement offers even more living space with its own separate entrance leading to a concrete patio and the expansive, fully fenced, landscaped backyard—perfect for outdoor entertaining. Inside, this lower level features a large family room with an open floor plan to a wet bar, complete with a refrigerator and cabinet storage. You'll also find a spacious bedroom, a 3-piece bathroom with a beautifully tiled shower and glass doors, and a utility room with extra storage. Additional highlights of this home include high ceilings, accent walls, a new furnace installed in January 2024, and a triple garage with plenty of room for vehicles and storage. With its thoughtful layout and luxurious touches, this home is perfect for families and entertainers alike.
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:
2,413 sq. ft.
Main Level Finished Area:
1,413 sq. ft.
Upper Level Finished Area:
1,414 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
993 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,484 sq. ft.
Lot Frontage:
48'
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:
West
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
2013 (Age: 11)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1310776
Heating:
Forced Air
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Stone, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
3
Parking:
Concrete Driveway, Front Drive, Triple Garage Attached
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Upper Level
Westmere
Dishwasher, Dryer, Gas Stove, Microwave Hood Fan, Refrigerator, Washer, Wine Refrigerator
N/A
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
13'5" × 13'4"
Main Floor
Kitchen
14'8" × 14'6"
Main Floor
Dining Room
14'6" × 8'8"
2nd Floor
Bedroom
13'2" × 11'11"
2nd Floor
Bedroom
13'11" × 12'6"
2nd Floor
Laundry
9'11" × 6'5"
2nd Floor
Bedroom - Primary
14'6" × 14'5"
2nd Floor
Family Room
14'3" × 14'2"
Basement
Bedroom
13'10" × 12'
Basement
Game Room
18'10" × 13'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
2nd Floor
No
4
0' x 0'
2nd Floor
Yes
5
0' x 0'
Basement
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
Closet Organizers, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Wet Bar
Exterior Features:
Other
Patio And Porch Features:
Patio
Lot Features:
Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Chestermere
Zoning:
R-1
Listed Date:
Aug 30, 2024
Days on Mkt:
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Virtual Tour

Listed by 2% Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
214
Avg list price:
$657,000
Min list price:
$235,000
Max list price:
$3,150,000
Avg days on market:
39
Min days on market:
1
Max days on market:
228
Avg price per sq.ft.:
$359.1
These statistics are generated based on the current listing's property type and located in Chestermere. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706