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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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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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3402 755 Copperpond Boulevard SE
Copperfield Calgary T2Z 4R2

$309,000
Residential beds: 2 baths: 1.0 713 sq. ft. built: 2014

Main Photo: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 1: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 2: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 3: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 4: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 5: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 6: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 7: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 8: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 9: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 10: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 11: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 12: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 13: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 14: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 15: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 16: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 17: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 18: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 19: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 20: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 21: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 22: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 23: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 24: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Photo 25: 3402 755 Copperpond Boulevard SE in Calgary: Copperfield Apartment for sale : MLS®# A2168534
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2168534
Bedrooms:
2
Bathrooms:
1
Year Built:
2014
Welcome to this stunning TOP FLOOR one-bedroom condo + Large Den (no window, but could be used as a bedroom) in the tranquil community of Copperfield. This modern unit features a sleek, open-concept layout with beautiful 9-foot ceilings that add a touch of elegance and comfort. The gourmet kitchen is a chef's dream, complete with granite countertops, ample cabinetry, and an inviting eat-up bar. Recently upgraded details include: Entire condo, excluding closets and laundry room, freshly painted with Behr Chantilly Lace. Upgrades include, new carpeting and higher-quality padding in both bedrooms, new Thermostat, Living room ceiling fan ($1500 value), new Stove, new Bausch dishwasher, Kitchen faucet, brand new TOYO toilet, Bathroom shower head and nozzle. Step out onto the west-facing balcony to soak in the serene views of the beautifully landscaped courtyard and capture the magical evening sun. The master bedroom is a cozy retreat, featuring a walk-in closet for all your storage needs. The versatile flex room could serve perfectly as a home office, a den, or a comfortable dining area. Convenience is key with in-suite laundry, an assigned storage locker, and one titled underground heated parking stall. Located incredibly close to a variety of shopping options and offering quick access to both Deerfoot and Stoney Trail, this home combines modern living with unparalleled convenience. Don't miss the chance to see what makes this condo so special. Schedule your viewing today and discover your new home in Copperfield!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Low-Rise(1-4)
Total Living Area:
713.02 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$369.93
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, 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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Top
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
No One Above
Total Rooms Above Grade:
4
Year built:
2014 (Age: 10)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
1413047
Heating:
Baseboard
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Parkade
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Copperfield Park II
Copperfield
Elevator(s), Parking, Visitor Parking
Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Built-In Dishwasher
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
10'4" × 9'11"
Main Floor
Bedroom
10'3" × 9'11"
Main Floor
Kitchen
15'3" × 14'3"
Main Floor
Laundry
8'2" × 5'1"
Main Floor
Living Room
12'10" × 12'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
Granite Counters, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan
Exterior Features:
Balcony, Courtyard
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-X1
Listed Date:
Sep 26, 2024
Days on Mkt:
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Listed by eXp Realty
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$429,900
Min list price:
$259,000
Max list price:
$788,888
Avg days on market:
23
Min days on market:
2
Max days on market:
83
Avg price per sq.ft.:
$398.38
These statistics are generated based on the current listing's property type and located in Copperfield. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706