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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138 6919 Elbow Drive SW
Kelvin Grove Calgary T2V 0E6

$269,900
Residential beds: 2 baths: 1.0 1,001 sq. ft. built: 1962

Enjoy a beautifully renovated kitchen that provides ample cabinet/counter space & an eating bar.
Photo 1: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 2: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 3: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 4: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 5: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 6: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 7: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 8: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 9: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 10: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 11: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 12: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 13: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 14: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 15: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 16: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 17: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 18: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 19: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 20: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Photo 21: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2166660
Bedrooms:
2
Bathrooms:
1
Year Built:
1962
Amazing opportunity to own a very well maintained 2-storey townhome in the heart of Kelvin Grove! Conveniently situated facing the luscious courtyard and located just off of Elbow Drive, providing quick access to the C-Train, bus and major roadways. Enjoy a beautifully renovated kitchen that provides ample cabinet/counter space & an eating bar. The dining room has easy access to the oversized balcony space where it overlooks the treed courtyard. The living room is spacious and can accommodate a variety of furniture options. A stackable washer & dryer are in the front closet & complete the main floor. Upstairs is home to a very large master bedroom with a large closet, 2nd bedroom, 4pc bathroom & a deep linen closet. The 8' doors upstairs create an elegant and spacious atmosphere. The windows, doors and Hardie Board siding have all been completed in the past 9 years while the roof was just done last year. The unit comes complete with an assigned parking stall and storage locker. The complex also offers a coin operated washer & dryer however this unit conveniently has its own! Whether buying this home for yourself or as a turnkey investment property with tenants in place, you won’t find a better location! Proximity to major roadways, Chinook Mall & downtown is at your fingertips.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,001 sq. ft.
Main Level Finished Area:
500.63 sq. ft.
Upper Level Finished Area:
500.63 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$713.40
Condo Fee Includes:
Heat, Insurance, Maintenance Grounds, Parking, 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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Entry Level:
2
Levels:
Two
End Unit:
2+ Common Walls, No One Above
Total Rooms Above Grade:
5
Year built:
1962 (Age: 62)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7410506
Heating:
Baseboard
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Cement Fiber Board, Wood Frame, Wood Siding
Structure Type:
Five Plus
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Carpet, Laminate, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Assigned, Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Kelvin Grove
Kelvin Grove
Coin Laundry, Parking, Snow Removal, Storage, Trash, Visitor Parking
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
N/A
Pet Restrictions or Board approval Required, Pets Allowed, Short Term Rentals Not Allowed
Restrictions, Cats OK
Floor
Type
Size
Other
Main Floor
Living Room
19'1" × 11'5"
Main Floor
Dining Room
10'9" × 8'5"
Main Floor
Kitchen
10'4" × 7'1"
Main Floor
Laundry
2'10" × 2'7"
Upper Level
Bedroom - Primary
16'7" × 11'5"
Upper Level
Bedroom
11'6" × 10'4"
Floor
Ensuite
Pieces
Other
Upper Level
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Smoking Home, Storage, Vinyl Windows
Exterior Features:
Balcony, Courtyard
Patio And Porch Features:
Balcony(s)
Lot Features:
Fruit Trees/Shrub(s), Lawn, Landscaped, Treed
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-C1
Listed Date:
Sep 18, 2024
Days on Mkt:
  • Photo 1: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Enjoy a beautifully renovated kitchen that provides ample cabinet/counter space & an eating bar.
  • Photo 2: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Enjoy a beautifully renovated kitchen that provides ample cabinet/counter space & an eating bar.
  • Photo 3: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Enjoy a beautifully renovated kitchen that provides ample cabinet/counter space & an eating bar.
  • Photo 4: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The dining room has easy access to the oversized balcony space where it overlooks the treed courtyard.
  • Photo 5: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The dining room has easy access to the oversized balcony space where it overlooks the treed courtyard.
  • Photo 6: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The living room is spacious and can accommodate a variety of furniture options.
  • Photo 7: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The windows, doors and Hardie Board siding have all been completed in the past 9 years while the roof was just done last year.
  • Photo 8: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The living room is spacious and can accommodate a variety of furniture options.
  • Photo 9: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    A stackable washer & dryer are in the front closet & complete the main floor.
  • Photo 10: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The windows, doors and Hardie Board siding have all been completed in the past 9 years while the roof was just done last year.
  • Photo 11: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Large master bedroom can accomodate king-sized furniture and has ample closet space.
  • Photo 12: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    2nd upper bedroom with ample closet space & 8' door
  • Photo 13: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    4pc upper bathroom is bright and has beautiful tile
  • Photo 14: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    4pc upper bathroom is bright and has beautiful tile
  • Photo 15: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Oversized balcony can accommodate a patio set & BBQ while it overlooks a luscious green & treed courtyard
  • Photo 16: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Oversized balcony can accommodate a patio set & BBQ while it overlooks a luscious green & treed courtyard
  • Photo 17: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The windows, doors and Hardie Board siding have all been completed in the past 9 years while the roof was just done last year.
  • Photo 18: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    The complex also offers a coin operated washer & dryer however this unit conveniently has its own!
  • Photo 19: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Whether buying this home for yourself or as a turnkey investment property with tenants in place, you won’t find a better location!
  • Photo 20: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Proximity to major roadways, Chinook Mall & downtown is at your fingertips.
  • Photo 21: 138 6919 Elbow Drive SW in Calgary: Kelvin Grove Row/Townhouse for sale : MLS®# A2166660
    Assigned parking stall
Listed by eXp Realty
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
4,830
Avg list price:
$588,352
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:
475
Avg price per sq.ft.:
$435.02
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