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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109 823 5 Avenue NW
Sunnyside Calgary T2N 0R5

$565,000
Residential beds: 2 baths: 2.0 944 sq. ft. built: 2015

Main Photo: 109 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2164154
Photo 1: 109 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2164154
Photo 2: 109 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2164154
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Photo 31: 109 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2164154
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2164154
Bedrooms:
2
Bathrooms:
2
Year Built:
2015
Discover urban living in the vibrant Sunnyside neighborhood with this stunning south-facing unit. Upon entering the secured building, you're greeted by an impressive green living wall that creates a welcoming atmosphere. This spacious 2-bedroom + den unit is on the main floor, offering modern features throughout. The kitchen boasts sleek stainless steel appliances, ample counter space, modern cabinetry, quartz countertops, a gas stovetop, and a built-in oven, all set against beautiful laminate flooring. The living room is bright and inviting, with a large window that fills the space with natural light. Near the entrance, a spacious laundry room provides additional storage. The den is perfect for a home office, ideal for remote work. The unit includes a 4-piece bath near the secondary bedroom, and the master bedroom offers a walk-through closet leading to a 3-piece ensuite with a large shower and tiled floors. A titled tandem parking stall in the heated underground garage is also included. Located within a 5-minute walk to LRT stations, Safeway, and the trendy Kensington area with its cafes and restaurants, this unit provides easy access to the Bow River pathways for walking or biking with beautiful downtown views. SAIT is just two blocks away, and the University of Calgary is a short drive. The building amenities, including a car wash, workshop, storage rooms, and secure bike storage, ensure every need is met. Don’t miss this opportunity for luxury, convenience, and a fantastic lifestyle in a highly desirable location. Call for a viewing today!
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:
943.7 sq. ft.
Main Level Finished Area:
943.7 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$647.00
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
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:
Northwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southeast
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2015 (Age: 9)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1511755
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Composite Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Stall, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Ven of Kensington
Sunnyside (Calgary)
Bicycle Storage, Car Wash, Elevator(s), Secured Parking, Storage, Visitor Parking, Workshop
Built-In Oven, Dishwasher, Dryer, Gas Cooktop, Microwave Hood Fan, Refrigerator, Washer
N/A
Pet Restrictions or Board approval Required, Pets Allowed
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
11'6" × 9'3"
Main Floor
Bedroom
10'7" × 9'9"
Main Floor
Den
8'8" × 5'11"
Main Floor
Kitchen
9'5" × 8'11"
Main Floor
Dining Room
14'7" × 11'1"
Main Floor
Living Room
11'11" × 9'1"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
8'2" x 7'4"
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Closet Organizers, No Animal Home, No Smoking Home
Exterior Features:
BBQ gas line, Playground
Patio And Porch Features:
Patio
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Sep 09, 2024
Days on Mkt:
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Listed by First Place Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$549,900
Min list price:
$198,000
Max list price:
$1,499,900
Avg days on market:
43
Min days on market:
6
Max days on market:
160
Avg price per sq.ft.:
$604.64
These statistics are generated based on the current listing's property type and located in Sunnyside. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706