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Dial 403.397.3706 for Diane Richardson

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)

Contact Diane Richardson Easily With These Simple Steps:

  1. Contact Form: Use the contact form on my website to send me a direct message. Please include your name, email address, and a message, and I will respond as soon as possible.

  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.

  4. Live Chat: Utilize the live chat feature on my website for real-time communication and immediate answers to your questions.

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
Nov 17, 2024 01:00 PM - 03:00 PM MST

2140 54 Avenue SW
North Glenmore Park Calgary T3E 1L7

$1,199,900
Residential beds: 5 baths: 4.0 2,046 sq. ft. built: 2024

Main Photo: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 1: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 2: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 3: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 4: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 5: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 6: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 7: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 8: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 9: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 10: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 11: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 12: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 13: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 14: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 15: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 16: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 17: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 18: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 19: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 20: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 21: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 22: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 23: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 24: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 25: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 26: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 27: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 28: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
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Photo 30: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
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Photo 34: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 35: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 36: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 37: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 38: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 39: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
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Photo 41: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 42: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
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Photo 44: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
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Photo 46: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
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Photo 48: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 49: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Photo 50: 2140 54 Avenue SW in Calgary: North Glenmore Park Semi Detached (Half Duplex) for sale : MLS®# A2162071
Open House - Nov 17, 2024
01:00 PM - 03:00 PM MST
NOTES: Open House on Sunday, November 17, 2024 1:00PM - 3:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162071
Bedrooms:
5
Bathrooms:
4
Year Built:
2024
*Both sides available* MOVE IN READY - this stunning SOUTH-facing SEMI-DETACHED INFILL w/ a 2-BED LEGAL BASEMENT SUITE (subject to permits & approval by the city) is located in peaceful NORTH GLENMORE! This 2,900+ sq ft home is perfect for growing families or those looking for a great revenue opportunity w/ the additional 853 sq ft lower level! Surrounded by inner-city amenities a short drive (if not a walk) away, North Glenmore is the perfect place to raise a family & enjoy a contemporary lifestyle. You’re 2 blocks from the Glenmore Athletic Park, Stu Peppard Arena, the Glenmore Aquatic Centre, PLUS River Park, Sandy Beach, & the Reservoir…& did we mention you’re only 5 blocks away from the Lakeview Golf Course?! Commuting to the Beltline & Downtown is incredibly convenient, w/ easy access to 14th Street, Crowchild, & Glenmore; & Marda Loop & all its shopping & amenities are only a 4-min drive or 7-min bike ride away! At home during the day, enjoy a flood of light throughout your entire home w/ the South-facing front windows onto the front dining room & into the open-concept kitchen space. The family can spread out in the spacious kitchen w/ a large island w/ bar seating. Enjoy ceiling-height cabinets, quartz countertops, & a full-height tile backsplash that is sure to suit your style. Built-in cabinets under the stairwell provide ample storage space alongside the upper cabinets & lower drawers, plus an additional built-in pantry means you’ll always have tons of storage options. The complete stainless steel appliance package includes a DOUBLE WIDE Full Fridge Full freezer, built-in wall oven/microwave, gas cooktop, & dishwasher. The bright living room is a welcoming hub, w/ large, bright windows & a modern inset gas fireplace w/ built-in shelving custom fireplace surround with inset tile. The rear mudroom features pocket door access from the kitchen for convenience w/ a bench & built-in closet, keeping everyone organized as they head in & out of the rear patio or double detached garage. Upstairs, the primary suite enjoys a vaulted ceiling & large walk-in closet w/ built-in shelving, while the ensuite features a bard door entrance, heated floors, a freestanding soaker tub, a fully tiled shower w/ bench, & quartz counters. The upper floor also includes two secondary bedrooms, a full laundry room w/ a folding counter & optional sink, a main bath 4-pc bath w/ modern vanity & fully-tiled tub/shower, & an open loft/bonus space, perfect for an additional workspace for you or the kids. Enter the lower level through the kitchen or a private, separate entrance off the side of the home. The 2-BED LEGAL SUITE (subject to final approval by the city) features a full kitchen w/ ceiling-height cabinets, a built-in pantry, dual undermount sink, a fridge, electric range, & dishwasher. There’s also a spacious living room, a 4-pc modern bath, two good-sized bedrooms, & in-suite laundry w/ sink! All you have to do is move in1
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Legal
Home Style:
2 Storey, Side by Side
Total Living Area:
2,046.17 sq. ft.
Main Level Finished Area:
970.67 sq. ft.
Upper Level Finished Area:
1,075.5 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
852.86 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,047 sq. ft.
Lot Frontage:
25'
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:
1 Common Wall
Total Rooms Above Grade:
7
Year built:
2024 (Age: 0)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
TBV
Heating:
Forced Air
Basement:
Full, Suite
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Concrete, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Upper Level
North Glenmore Park
Dishwasher, Gas Cooktop, Microwave, Oven-Built-In, Range Hood, Refrigerator
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15'10" × 14'
Main Floor
Kitchen
20'7" × 15'6"
Main Floor
Dining Room
12'10" × 11'9"
Main Floor
Mud Room
13'6" × 5'5"
2nd Floor
Bedroom - Primary
12'10" × 12'4"
2nd Floor
Walk-In Closet
8'3" × 5'9"
2nd Floor
Bedroom
110'5" × 9'11"
2nd Floor
Bedroom
11'4" × 10'4"
2nd Floor
Loft
15'7" × 8'6"
2nd Floor
Laundry
7'11" × 5'8"
Basement
Bedroom
10'11" × 10'3"
Basement
Bedroom
12'11" × 10'7"
Basement
Kitchen
10'4" × 8'11"
Basement
Living Room
12'9" × 12'8"
Basement
Laundry
5'9" × 5'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
No
4
2nd Floor
Yes
5
Basement
No
4
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Sidewalks, Street Lights
Interior Features:
Beamed Ceilings, Built-in Features, Chandelier, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Entrance, Tray Ceiling(s), Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard, Landscaped, Private, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone W
Zoning:
R-C2
Listed Date:
Sep 05, 2024
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by RE/MAX House of Real Estate
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,174,450
Min list price:
$699,900
Max list price:
$2,499,900
Avg days on market:
24
Min days on market:
7
Max days on market:
69
Avg price per sq.ft.:
$637.05
These statistics are generated based on the current listing's property type and located in North Glenmore Park. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706