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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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213 30 Cranfield Link SE
Cranston Calgary T3M 0N9

$350,000
Residential beds: 2 baths: 2.0 1,009 sq. ft. built: 2006

Main Entrance
Photo 1: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 2: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 3: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 4: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 5: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 6: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 7: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 8: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 9: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 10: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 11: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 12: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 13: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 14: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 15: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 16: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 17: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 18: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 19: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 20: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 21: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 22: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 23: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 24: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 25: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 26: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 27: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 28: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 29: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Photo 30: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2165030
Bedrooms:
2
Bathrooms:
2
Year Built:
2006
Experience a confort living in this 2-bedroom, 2-bathroom unit in the Silhouette Condominiums, Cranston. Enjoy breathtaking west-facing view from the spacious balcony. Inside, the open-concept layout seamlessly connects the kitchen, dining, and living areas, enhanced by granite countertops, Upgraded appliances, and generous cabinetry. The two bedrooms, positioned for maximum privacy, include a primary suite with a walk-through closet and a sleek 4-piece en-suite. Thoughtfully designed, this unit offers all. Residents can take advantage of outstanding amenities, including a hot tub, sauna, social room, exercise facilities, media rooms, a convenient car wash bay, and much more. Ideally situated, this condo is just minutes away from major transportation routes serving the south side of Calgary. Additionally, it offers proximity to the South Health Campus, Seton YMCA, and a wide selection of shopping, dining, and entertainment options. Embrace a lifestyle of convenience, and breathtaking views at Silhouette in Cranston.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
1,009.12 sq. ft.
Main Level Finished Area:
1,009.12 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$592.86
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, 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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Floor Location:
Other
Entry Level:
2
Stories Total:
3
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2006 (Age: 18)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0613896
Heating:
In Floor, Natural Gas
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile
Cooling:
Wall Unit(s)
Fireplaces:
0
Garage:
0
Garage Spaces:
1
Parking:
Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
HOA Fee:
$189.00
Condo Fee Frequency:
Monthly
Silhouette
Cranston
Car Wash, Elevator(s), Fitness Center, Guest Suite, Service Elevator(s), Storage, Trash, Visitor Parking
Dishwasher, Dryer, Electric Stove, Garage Control(s), Garburator, Microwave, Refrigerator, Washer, Window Coverings
BBQ
Adult Living, Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
12'4" × 11'3"
Main Floor
Kitchen
12'3" × 8'9"
Main Floor
Dining Room
9'6" × 7'
Main Floor
Bedroom - Primary
13'9" × 11'10"
Main Floor
Walk-In Closet
7'3" × 6'5"
Main Floor
Bedroom
10'10" × 9'11"
Main Floor
Den
11'8" × 6'2"
Main Floor
Laundry
3'1" × 2'10"
Main Floor
Balcony
13'7" × 6'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
4'11" x 8'7"
Main Floor
Yes
4
5'4" x 7'10"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Tennis Court(s)
Interior Features:
Breakfast Bar, Ceiling Fan(s), Closet Organizers, Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Walk-In Closet(s)
Exterior Features:
Balcony, Courtyard
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-1 d75
Listed Date:
Oct 05, 2024
Days on Mkt:
  • Photo 1: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Main Entrance
  • Photo 2: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    The Complex
  • Photo 3: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Entrance to the Unit
  • Photo 4: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Open Space
  • Photo 5: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Bright Living Room
  • Photo 6: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Upgraded Appliances
  • Photo 7: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Freshly Painted
  • Photo 8: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Fans Included
  • Photo 9: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Photo 9 of 30
  • Photo 10: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Corner Den
  • Photo 11: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Photo 11 of 30
  • Photo 12: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    New Microwave
  • Photo 13: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Granite Counter
  • Photo 14: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Primary Bedroom
  • Photo 15: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Photo 15 of 30
  • Photo 16: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Walking- closets
  • Photo 17: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Photo 17 of 30
  • Photo 18: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    4 PC Ensuite
  • Photo 19: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Second Bedroom
  • Photo 20: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Good size 2 bedrrom
  • Photo 21: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    3 pc Bathroom
  • Photo 22: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Den
  • Photo 23: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Photo 23 of 30
  • Photo 24: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Nw Washer & Dryer
  • Photo 25: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Sunny Balcony
  • Photo 26: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    BBQ Included
  • Photo 27: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Great Location
  • Photo 28: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Photo 28 of 30
  • Photo 29: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Photo 29 of 30
  • Photo 30: 213 30 Cranfield Link SE in Calgary: Cranston Apartment for sale : MLS®# A2165030
    Fenced
Listed by eXp Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$629,900
Min list price:
$264,900
Max list price:
$1,650,000
Avg days on market:
33
Min days on market:
4
Max days on market:
117
Avg price per sq.ft.:
$404.19
These statistics are generated based on the current listing's property type and located in Cranston. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706