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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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19458 37 Street SE
Seton Calgary T3M 2W9

$447,500
Residential beds: 2 baths: 3.0 1,369 sq. ft. built: 2018

Main Photo: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 1: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 2: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 3: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 4: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 5: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 6: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 7: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 8: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 9: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 10: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 11: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 12: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 13: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 14: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 15: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 16: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 17: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 18: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 19: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 20: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 21: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 22: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Photo 23: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2167279
Bedrooms:
2
Bathrooms:
3
Year Built:
2018
Welcome to Zen Urban District, built by Avalon Master Builder who focus on energy efficiency concepts. The stylish townhouse is located at the new SE living center, Seton with mature facilities and convenient traffic. Look at the appealing open floor plan for the living-dinning area, and it allows you to display your own ideas. On the main floor, you will enjoy the designer kitchen with stone countertops, stainless steel appliances and an expansive island. The kitchen has the access to the fenced private back yard which is being professional maintained. Laundry is on the upper floor which makes the life more convenient. The two bedrooms are facing east and west, respectively. This kind of facing successfully avoid extreme weather in winter, and suit the Calgary local needs. Primary bedroom allows a king-sized bed, and it is a 3-pieces bath ensuite. The top level is the icing on the cake. This level has a large bonus room and balcony-patio with a panoramic mountain view! Avalon Master cares the customers living experience and all the entire main level floor is laminate floor, which is easy to maintain. Zen Urban is pets allowed and Air BNB allowed. They know your emotional dependence and investment needs. Seton is a human-centered community. It not only offers you the convenient shopping, cinema, restaurants/cafe, parks, schools, health center and traffic, but it cares your physical exercise and reading demands, such as the largest new built YMCA and the modern public library. Choosing living here will be one of your most correct choices in life!
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:
1,369.3 sq. ft.
Main Level Finished Area:
562.8 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$344.43
Condo Fee Includes:
Common Area Maintenance, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
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
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2018 (Age: 6)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1811809
Heating:
Forced Air, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Other
Ensuite:
Yes
Flooring:
Carpet, Laminate, Tile
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Assigned, Off Street, Parkade
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Seton
Other
Central Air Conditioner, Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator, Washer/Dryer, Window Coverings
N/A
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
17'1" × 11'
Main Floor
Dining Room
10'3" × 8'6"
Main Floor
Kitchen With Eating Area
13'11" × 11'2"
Main Floor
Entrance
7'8" × 3'9"
Upper Level
Bedroom - Primary
14'2" × 12'6"
Upper Level
Bedroom
14'2" × 10'3"
Upper Level
Laundry
3'5" × 3'4"
Upper Level
Balcony
14'4" × 8'9"
Upper Level
Bonus Room
16'11" × 10'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
3'3" x 6'11"
Upper Level
Yes
3
6' x 7'
Upper Level
No
4
4'11" x 8'
Title to Land:
Fee Simple
Community Features:
Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
No Animal Home, No Smoking Home, Open Floorplan, Stone Counters
Exterior Features:
Balcony, Private Yard
Patio And Porch Features:
Balcony(s), Front Porch, Rooftop Patio
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
DC
Listed Date:
Sep 20, 2024
Days on Mkt:
  • Photo 1: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
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  • Photo 6: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
    Master bedroom
  • Photo 7: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
    bedroom
  • Photo 8: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
    Photo 8 of 23
  • Photo 9: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
    Bonus room
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  • Photo 13: 19458 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2167279
    top patio
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Listed by Grand Realty
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
87
Avg list price:
$484,010
Min list price:
$250,000
Max list price:
$1,187,900
Avg days on market:
27
Min days on market:
5
Max days on market:
157
Avg price per sq.ft.:
$426.07
These statistics are generated based on the current listing's property type and located in Seton. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706