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.

  3. Email Address: Reach out to me at Diane for any inquiries or to request additional information.

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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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57 Shannon Crescent SW
Shawnessy Calgary T2Y 2T8

$719,900
Residential beds: 4 baths: 4.0 1,706 sq. ft. built: 1989

Main Photo: 57 Shannon Crescent SW in Calgary: Shawnessy Detached for sale : MLS®# A2167238
Photo 1: 57 Shannon Crescent SW in Calgary: Shawnessy Detached for sale : MLS®# A2167238
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Photo 47: 57 Shannon Crescent SW in Calgary: Shawnessy Detached for sale : MLS®# A2167238
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2167238
Bedrooms:
4
Bathrooms:
4
Year Built:
1989
CORNER LOT | NEW ROOF | GREAT LOCATION | Welcome to 57 Shannon Crescent SW! Steps to schools, parks and community center! Easy access to James McKevitt too! Great curb appeal on this large corner lot! The roof was just replaced August 2024 too! Walk into the bright front living room with vaulted ceilings and open to the formal dining space. The kitchen has heated floors and a breakfast nook and is open to the living room with wood burning fireplace. Laundry and a 2 piece bath completes the main level. Upstairs you will find 3 good sized bedrooms including the primary with walk in closet and 3 piece ensuite. The second bedroom has hardwood under the carpet and there's a shared 4 piece bath too! The finished basement has a fourth bedroom with additional electric baseboard heat in basement bedroom, full bath and tons of storage. The South backyard is very private, large deck (gazebo and mosquito net included) Off the deck is a great stone patio with fireplace, plus grass for the kids to play in too! Double attached garage, windows replaced in approximately 2015 too!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,705.73 sq. ft.
Main Level Finished Area:
1,030.73 sq. ft.
Upper Level Finished Area:
675 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
864.17 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,694 sq. ft.
Lot Frontage:
54'3¼"
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:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
1989 (Age: 35)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
8811087
Heating:
Baseboard, In Floor, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Shawnessy
Dishwasher, Electric Stove, Garage Control(s), Refrigerator, Washer/Dryer, Window Coverings
Patio Furniture, Gazebo with bug net, Shed
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
13'5" × 11'7"
Main Floor
Dining Room
14' × 10'
Main Floor
Living Room
13' × 10'2"
Main Floor
Family Room
18'6" × 11'5"
Main Floor
Laundry
7'9" × 6'2"
Upper Level
Bedroom - Primary
13'6" × 12'7"
Upper Level
Bedroom
13'4" × 8'10"
Upper Level
Bedroom
10'6" × 8'10"
Upper Level
Walk-In Closet
5' × 5'
Basement
Living Room
22'2" × 14'9"
Basement
Bedroom
12'6" × 11'4"
Basement
Storage
19'4" × 8'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
No
4
0' x 0'
Upper Level
Yes
3
0' x 0'
Basement
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Closet Organizers, Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
Private Yard
Patio And Porch Features:
Deck, Patio
Lot Features:
Corner Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-C1
Listed Date:
Sep 19, 2024
Days on Mkt:
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Listed by RE/MAX First
Data was last updated September 20, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$609,900
Min list price:
$329,000
Max list price:
$739,900
Avg days on market:
15
Min days on market:
1
Max days on market:
80
Avg price per sq.ft.:
$420.64
These statistics are generated based on the current listing's property type and located in Shawnessy. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706