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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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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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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2311 Lake Bonavista Drive SE
Lake Bonavista Calgary T2J 3A1

$959,900
Residential beds: 4 baths: 4.0 1,642 sq. ft. built: 1973

Main Photo: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 1: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 2: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 3: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 4: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 5: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 6: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 7: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 8: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 9: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 10: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 11: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 12: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 13: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 14: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 15: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 16: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 17: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 18: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 19: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 20: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 21: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 22: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 23: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 24: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 25: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 26: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 27: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 28: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 29: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 30: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 31: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 32: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Photo 33: 2311 Lake Bonavista Drive SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2162546
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162546
Bedrooms:
4
Bathrooms:
4
Year Built:
1973
Prestigious Lake Bonavista!!! 1650 sq ft ,3+1 bedroom bungalow on a estate sized corner lot across from a greenspace in one of Calgarys most desirable neighbourhoods..This home boasts a large footprint with 2 master bedrooms with en-suites 4 bathrooms in total, a detached two car garage and a nice bright floorplan ..White kitchen with granite counters, hardwood flooring throughout main floor.. garden doors off master and family room to a rear deck ..lower level is finished with a theatre room, spacious bedroom with its own ensuite. exercise area ,laundry room and big family room easy to show.... dont miss it
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:
1,642 sq. ft.
Main Level Finished Area:
1,642 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,642 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
7,265 sq. ft.
Lot Frontage:
40'
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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Levels:
One
Total Rooms Above Grade:
4
Year built:
1973 (Age: 51)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:4, Half:0)
Plan:
720LK
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Cedar
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
2
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
8.0
Parking Total/Covered:
8 / -
Laundry Features:
In Basement
HOA Fee:
$367.50
Lake Bonavista
Boating
Dishwasher, Garage Control(s), Gas Dryer, Gas Oven, Microwave, Range, Range Hood, Refrigerator, Washer/Dryer, Window Coverings, Wine Refrigerator
none
None Known
Floor
Type
Size
Other
2nd Floor
Bedroom - Primary
13'9" × 11'8"
2nd Floor
Bedroom - Primary
16'6" × 13'1"
2nd Floor
Bedroom
10'5" × 9'7"
2nd Floor
Living Room
18' × 12'6"
Basement
Bedroom
15'1" × 14'2"
Floor
Ensuite
Pieces
Other
2nd Floor
No
4
5' x 6'
2nd Floor
Yes
3
7' x 7'
2nd Floor
Yes
4
9' x 5'
Basement
Yes
4
11' x 5'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Gated, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Tennis Court(s)
Interior Features:
Closet Organizers, Granite Counters, Kitchen Island, No Smoking Home, Recessed Lighting
Exterior Features:
None
Patio And Porch Features:
Deck, Front Porch, Pergola
Lot Features:
Back Lane, Street Lighting
Num. of Parcels:
0
Outbuildings:
See Remarks
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-1
Listed Date:
Sep 03, 2024
Days on Mkt:
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Listed by MaxWell Capital Realty
Data was last updated September 20, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$959,900
Min list price:
$260,000
Max list price:
$4,688,000
Avg days on market:
17
Min days on market:
1
Max days on market:
60
Avg price per sq.ft.:
$609.08
These statistics are generated based on the current listing's property type and located in Lake Bonavista. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706