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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322 Point Mckay Gardens NW
Point McKay Calgary T3B 4V8

$679,900
Residential beds: 3 baths: 3.0 1,667 sq. ft. built: 1978

Main Photo: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 1: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 2: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 3: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 4: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 5: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 6: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 7: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 8: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 9: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 10: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 11: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 12: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 13: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 14: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 15: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 16: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 17: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 18: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 19: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 20: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 21: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 22: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 23: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 24: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 25: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 26: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 27: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 28: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Photo 29: 322 Point Mckay Gardens NW in Calgary: Point McKay Row/Townhouse for sale : MLS®# A2165091
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2165091
Bedrooms:
3
Bathrooms:
3
Year Built:
1978
Wanna walk to the River, and backs onto the Green space? Must see this lovely 4 level Split style Townhouse in Point McKay area. You are just throw stone away to the River that you can enjoy your morning or evening walks. This nice Townhouse is backing onto the Park and leads to the Bow River Pathway. | Newer Shingles (replaced in 2023 by the board for the entire unit), Windows (replaced in 2012) | Sunny East facing Living Room with Wood burning fireplace almost 12 feet ceiling with lots of windows to let in the Morning Sun. Formal Dining Room and the spacious Kitchen with the Eating area offers you great space to have family gatherings. Hardwood floor in Living and Dining Room. Upper level has 3 bedrooms including the general size Master bedroom with upgraded full bath ensuite with his/her closet. 2 additional bedrooms with a full bath to complete this level. Basement is developed with a Rec Room, and laundry room. Insulated single attached garage and a beautiful Backyard with brick paving stone patio to complete this home. Enjoy sitting in the backyard with Park setting and no neigbhour behind! Don't miss this opportunity to live in this secluded area that you can enjoy the outdoor activities, yet so close to the Downtown and all amenities.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Townhouse
Total Living Area:
1,667 sq. ft.
Main Level Finished Area:
915 sq. ft.
Upper Level Finished Area:
752 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
305 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$643.00
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, 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:
Southwest
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
4 Level Split
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
1978 (Age: 46)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
7910670
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Wood Frame, Wood Siding
Structure Type:
Four Plex
Roof:
Rubber
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Garage:
1
Garage Spaces:
1
Parking:
Insulated, Single Garage Attached
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Point Mckay Gardens
Point McKay
Other, Parking, Playground, Snow Removal, Trash, Visitor Parking
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
N/A
Board Approval
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
19'3" × 12'9"
Main Floor
Kitchen
11'1" × 11'
Main Floor
Breakfast Nook
7'10" × 7'9"
Main Floor
Dining Room
10' × 8'2"
Upper Level
Bedroom - Primary
13'10" × 11'4"
Upper Level
Bedroom
10'4" × 9'5"
Upper Level
Bedroom
12'7" × 9'5"
Basement
Game Room
12'1" × 9'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
3
0' x 0'
Upper Level
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
High Ceilings
Exterior Features:
None
Patio And Porch Features:
Deck, Patio
Lot Features:
Backs on to Park/Green Space, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d44
Listed Date:
Sep 13, 2024
Days on Mkt:
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Listed by Jessica Chan Real Estate & Management Inc.
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
4,937
Avg list price:
$589,000
Min list price:
$159,900
Max list price:
$10,000,000
Avg days on market:
35
Min days on market:
1
Max days on market:
473
Avg price per sq.ft.:
$435.58
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706