NEW CONSTRUCTION HOMES FOR SALE UNDER $300,000 IN CALGARY

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Dial 403.397.3706 for Diane Richardson

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.

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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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5 567 Edmonton Trail NE
Jensen Airdrie T4B 2L4

$399,888
Residential beds: 2 baths: 2.0 1,132 sq. ft. built: 1998

Main Photo: 5 567 Edmonton Trail NE: Airdrie Row/Townhouse for sale : MLS®# A2167413
Photo 1: 5 567 Edmonton Trail NE: Airdrie Row/Townhouse for sale : MLS®# A2167413
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2167413
Bedrooms:
2
Bathrooms:
2
Year Built:
1998
This renovated two-story townhouse features two bedrooms, each with a walk-in closet, a full bathroom upstairs, and a half bath on the main floor. It also includes a bonus space and a bright kitchen, with the dining and living areas adjacent to an insulated and fully drywalled garage entrance. The partially developed basement offers a separate living area, an additional bedroom, and a laundry room
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Bare Land
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,131.8 sq. ft.
Main Level Finished Area:
537.2 sq. ft.
Upper Level Finished Area:
607.1 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$339.00
Condo Fee Includes:
Common Area Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions
HOA Fee Includes:
Lot Area:
248 sq. ft.
Lot Frontage:
25'4"
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:
Entry Level:
1
Levels:
Two
End Unit:
End Unit
Total Rooms Above Grade:
6
Year built:
1998 (Age: 26)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
9712080
Heating:
Standard
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
See Remarks, Single Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Z-name Not Listed
Jensen
None
Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
N/A
None Known
Restrictions, Cats OK, Dogs OK, Yes
Floor
Type
Size
Other
Main Floor
Living Room
17'3" × 11'3"
Main Floor
Dining Room
8'2" × 8'1"
Main Floor
Kitchen
8'3" × 7'6"
Main Floor
Entrance
7'8" × 5'2"
2nd Floor
Addition
5'1" × 4'3"
2nd Floor
Bedroom - Primary
14'4" × 11'
2nd Floor
Bedroom
10'8" × 9'6"
2nd Floor
Bonus Room
9'3" × 5'6"
2nd Floor
Walk-In Closet
5'1" × 4'3"
Lower Level
Office
8' × 8'
Lower Level
Furnace/Utility Room
5'5" × 5'4"
Lower Level
Office
13'10" × 9'1"
Lower Level
Laundry
9'11" × 6'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
6'8" x 12'8"
2nd Floor
No
4
7'10" x 7'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
None
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Yard, Cul-De-Sac
Num. of Parcels:
0
Fencing:
Partial
Region:
Airdrie
Zoning:
R2-T
Listed Date:
Sep 19, 2024
Days on Mkt:
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Listed by Century 21 Bamber Realty LTD.
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
377
Avg list price:
$599,900
Min list price:
$200,000
Max list price:
$1,749,900
Avg days on market:
37
Min days on market:
1
Max days on market:
255
Avg price per sq.ft.:
$361.6
These statistics are generated based on the current listing's property type and located in Airdrie. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706