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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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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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3957 Quesnay Wood Drive SW
Currie Barracks Calgary T3E 8H6

$808,395
Residential beds: 3 baths: 3.0 1,273 sq. ft. built: 2024

Main Photo: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 1: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 2: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 3: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 4: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 5: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 6: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 7: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 8: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 9: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 10: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 11: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 12: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 13: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 14: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 15: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 16: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 17: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 18: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 19: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 20: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 21: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 22: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 23: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 24: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 25: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 26: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 27: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 28: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 29: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Photo 30: 3957 Quesnay Wood Drive SW in Calgary: Currie Barracks Row/Townhouse for sale : MLS®# A2165165
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2165165
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
Welcome to Billy - Newly built 4th & FINAL PHASE townhomes in Currie, by Anthem Properties. New construction, 3-bedroom townhome with Late 2025/early 2026 completion. High quality construction and many inclusions in the home; quartz counters in kitchen and bathrooms, LVT flooring throughout main living area, 9' ceilings on main living area, plenty of storage space, oversized kitchen, oversized balcony, plus additional front patio space. AC rough in and all window coverings are included! Upper floor washer and dryer are included, as well as full kitchen appliance package including gas range and chimney hood fan. Oversized double car attached garages for your convenience. The home boasts huge, oversized windows, many of them opening to allow in fresh air and sunlight. Experience the best of Currie, with top-rated schools, parks (including dog park), restaurants, heritage buildings, innovative mixed-use spaces, and just an 8-minute drive to downtown! (Note: Photos & virtual tour are of a show home with similar layout and is an approximation of the property for sale)
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Bare Land
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 Storey
Total Living Area:
1,272.52 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$324.46
Condo Fee Includes:
Common Area Maintenance, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal
HOA Fee Includes:
Lot Area:
1,879 sq. ft.
Lot Frontage:
25'5⅞"
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:
East
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2024 (Age: 0)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1612317
Heating:
Forced Air
Basement:
None
Foundation:
Poured Concrete
Builder:
Anthem Properties
New Constr.:
Yes
Construction Material:
Vinyl Siding
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Aggregate, Double Garage Attached, Garage Door Opener
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Currie Barracks (Calgary)
Other
Dishwasher, Dryer, Oven, Range Hood, Refrigerator, Washer
N/A
None Known
Cats OK, Dogs OK
Floor
Type
Size
Other
Main Floor
Kitchen
11' × 9'
Main Floor
Living Room
13'11" × 12'2"
Main Floor
Dining Room
13'10" × 8'8"
Upper Level
Bedroom
12' × 9'2"
Upper Level
Bedroom
8'9" × 7'9"
Upper Level
Laundry
5'10" × 3'
Upper Level
Bedroom - Primary
13'11" × 9'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4' x 6'7"
Upper Level
No
4
5' x 8'8"
Upper Level
Yes
4
8'8" x 9'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Double Vanity, Quartz Counters, Separate Entrance, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s), Front Porch
Lot Features:
Landscaped
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone W
Zoning:
DC
Listed Date:
Sep 12, 2024
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by Ally Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$575,000
Min list price:
$249,900
Max list price:
$2,279,000
Avg days on market:
33
Min days on market:
6
Max days on market:
202
Avg price per sq.ft.:
$568.4
These statistics are generated based on the current listing's property type and located in Currie Barracks. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706