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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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2403 55 Lucas Way NW
Livingston Calgary T3P 2C7

$499,868
Residential beds: 2 baths: 2.0 1,017 sq. ft. built: 2024

Custom Chef
Photo 1: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 2: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 3: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 4: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 5: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 6: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 7: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 8: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 9: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 10: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 11: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 12: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 13: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 14: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 15: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 16: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 17: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 18: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 19: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 20: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 21: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 22: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 23: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 24: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 25: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 26: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 27: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 28: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 29: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 30: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 31: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Photo 32: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2163767
Bedrooms:
2
Bathrooms:
2
Year Built:
2024
Welcome to unparalleled LUXURY nestled in the new community of Livingston, an great community gracing Calgary’s sought-after NW quadrant. Here, in the midst of urban sophistication, stands a BRAND NEW 1,016 sq ft TOP-FLOOR executive condo, a beacon of refined living and contemporary ELEGANCE. Offering 2 BEDS + 2 BATHS + TITLED UNDERGROUND PARKING STALLS (2 Tandem) + 1 STORAGE UNIT + Air Conditioning, this residence offers the EPITOME of modern comfort and style. The open floor plan beckons, effortlessly blending the kitchen, dining, and living areas into a HARMONIOUS sanctuary for everyday living and gracious entertaining. One of the crowning jewels of this condominium is its EXPANSIVE balcony, a serene OASIS offering VIEWS of the beautiful pond. Step inside, and be greeted by a symphony of LUXURIOUS touches and refined finishes. Light wood color LUXURY VINYL flooring stretches across the expanse, a timeless foundation upon which the rest of the space unfolds. The walls, adorned in a palette of understated elegance, serve as a backdrop for the unfolding drama of daily life. The kitchen, a CULINARY HAVEN fit for the most discerning chef, beckons with its sleek lines and modern amenities. HIGH-END stainless steel appliances and PREMIUM quartz countertops stand as testaments to both form and function, while PRISTINE modern cabinetry offers ample storage space for every culinary need. A stunning backsplash, intricately designed and artfully executed, serves as a focal point, infusing the space with a sense of CHARACTER & CHARM. Next to the dining area lies the entrance to the second bedroom, a versatile space offering endless possibilities. Whether utilized as a home office/gym or transformed into a welcoming guest retreat for visiting loved ones, this room embodies the essence of modern flexibility and convenience. A conveniently located 4-piece main bath stands ready to accommodate. Down the hall from the main entrance, a discreet doorway grants access to the in-suite laundry facilities, seamlessly blending utility with elegance. The living hall, a corridor of possibilities and hidden wonders, leads to the luxurious PRIMARY RETREAT that offers a private escape from the cares of the world, a haven of comfort and tranquility. With access to the EXPANSIVE BALCONY from the main living area, residents are invited to bask in the splendor of outdoor living. The primary ensuite offers a luxurious escape from the rigors of daily life. Luxurious dual vanities with quartz countertops, spacious modern glass shower & HUGE walk-in closet are meticulously crafted and elegantly appointed. Discover the charm & excitement of Livingston, one of Calgary’s most sought-after new communities, designed with modern living and lifestyle in mind. Located in the heart of Calgary’s thriving North-West, Livingston offers a seamless blend of urban conveniences, scenic landscapes, and a strong sense of community. CALL TODAY to book your PRIVATE TOUR!!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Low-Rise(1-4)
Total Living Area:
1,016.73 sq. ft.
Main Level Finished Area:
1,016.73 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$397.53
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, Water
HOA Fee Frequency:
Annually
HOA Fee Includes:
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:
Unit Exposure:
West
Floor Location:
Top
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2024 (Age: 0)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
2410795
Heating:
Baseboard
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
Wall Unit(s)
Fireplaces:
0
Garage:
0
Parking:
Heated Garage, Parkade, Titled, Underground
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit, Main Level
HOA Fee:
$467.25
Condo Fee Frequency:
Monthly
Z-name Not Listed
Livingston
Elevator(s), Park, Parking, Secured Parking, Storage, Trash, Visitor Parking
Dishwasher, Dryer, Electric Range, Garage Control(s), Microwave, Range Hood, Refrigerator, Wall/Window Air Conditioner, Washer, Window Coverings
None
Pet Restrictions or Board approval Required
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Bedroom
11'11" × 9'9"
Main Floor
Foyer
8'10" × 7'8"
Main Floor
Kitchen
20'11" × 9'
Main Floor
Laundry
7'8" × 5'7"
Main Floor
Living Room
19'8" × 12'2"
Main Floor
Bedroom - Primary
11'11" × 11'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8'5" x 5'1"
Main Floor
Yes
4
8'3" x 11'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Double Vanity, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Storage, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Balcony, Storage
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone N
Zoning:
MC-2
Listed Date:
Sep 07, 2024
Days on Mkt:
  • Photo 1: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Custom Chef
  • Photo 2: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Open Concept Living
  • Photo 3: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Spacious Living and Dining
  • Photo 4: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Grand Windows for Natural Light
  • Photo 5: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Open Concept Dining
  • Photo 6: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Large Kitchen Island
  • Photo 7: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    High-end Stainless Steel Appliances Package
  • Photo 8: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    High-end Stainless Steel Appliance
  • Photo 9: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    High-end Stainless Steel Appliances
  • Photo 10: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Modern Kitchen Backsplash
  • Photo 11: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Large Primary Bedroom
  • Photo 12: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Large Primary Bedroom
  • Photo 13: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Luxurious Primary Ensuite
  • Photo 14: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Custom Glass Shower
  • Photo 15: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Primary Walk-in Closet
  • Photo 16: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    2nd Bedroom
  • Photo 17: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Option for a Home Office
  • Photo 18: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Gorgeous Main Bathroom
  • Photo 19: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Large Covered Balcony
  • Photo 20: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    View of the Pond
  • Photo 21: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    View of the Pond
  • Photo 22: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    View of the Pond
  • Photo 23: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Spacious Laundry Room
  • Photo 24: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    55 Lucas Way NW
  • Photo 25: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Building Lobby
  • Photo 26: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Two Underground Parking Stall (Tandem)
  • Photo 27: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Separate Storage Unit
  • Photo 28: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    55 Lucas Way NW
  • Photo 29: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    View of the Pond
  • Photo 30: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Livingston
  • Photo 31: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    55 Lucas Way NW
  • Photo 32: 2403 55 Lucas Way NW in Calgary: Livingston Apartment for sale : MLS®# A2163767
    Main Floor Plan
Listed by MaxWell Capital Realty
Data was last updated November 10, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$644,900
Min list price:
$229,900
Max list price:
$1,090,000
Avg days on market:
30
Min days on market:
2
Max days on market:
164
Avg price per sq.ft.:
$417.87
These statistics are generated based on the current listing's property type and located in Livingston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706