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.

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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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1106 730 2nd Avenue SW
Eau Claire Calgary T2P 0E4

$515,000
Residential beds: 1 baths: 1.0 476 sq. ft. built: 2024

Main Photo: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Photo 1: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Photo 2: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Photo 3: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Photo 4: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Photo 5: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Photo 6: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Photo 7: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2168335
Bedrooms:
1
Bathrooms:
1
Year Built:
2024
Exclusive Assignment Sale Opportunity! Missed out on this high-demand project? Here’s your chance! We have exclusive assignment sales from original buyers looking to transfer their units before closing. Discover luxury living at its finest in this 1-bedroom plus den condo at the prestigious First & Park Building. This elegant residence offers the perfect blend of style and comfort, with an open-concept layout that effortlessly connects the living, dining, and kitchen areas—perfect for both entertaining and everyday living. Located in the heart of Eau Claire, this unit boasts south-facing views and is just steps away from Prince's Island Park and downtown’s financial core. Ideal for a busy lifestyle, the condo features luxury vinyl plank flooring throughout and comes with window coverings included. This could be your new home or a smart investment opportunity. Photos are representative. Don’t miss out on this rare opportunity!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
High-Rise (5+)
Total Living Area:
476 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$302.76
Condo Fee Includes:
Amenities of HOA/Condo, Gas, Heat, Maintenance Grounds, 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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Floor Location:
Other
Entry Level:
1
Stories Total:
18
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
2024 (Age: 0)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
TBD
Heating:
Forced Air, Natural Gas
New Constr.:
Yes
Construction Material:
Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Stall, Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Eau Claire
Elevator(s), Fitness Center, Party Room, Recreation Room, Snow Removal, Trash, Visitor Parking
Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer Stacked, Window Coverings
N/A
Board Approval, See Remarks
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Den
7'5" × 7'
Main Floor
Bedroom
10'7" × 8'11"
Main Floor
Living Room
9'6" × 8'8"
Lower Level
Kitchen With Eating Area
13'3" × 10'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'5" x 5'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Open Floorplan, Quartz Counters
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
TBD
Listed Date:
Sep 25, 2024
Days on Mkt:
  • Photo 1: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
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  • Photo 2: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
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  • Photo 7: 1106 730 2nd Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2168335
    Photo 7 of 7
Listed by RE/MAX Real Estate (Central)
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$924,950
Min list price:
$350,000
Max list price:
$5,999,000
Avg days on market:
55
Min days on market:
7
Max days on market:
277
Avg price per sq.ft.:
$686.33
These statistics are generated based on the current listing's property type and located in Eau Claire. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706