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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  1. Contact Form: Use the contact form on my website to send me a direct message. Please include your name, email address, and a message, and I will respond as soon as possible.

  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.

  4. Live Chat: Utilize the live chat feature on my website for real-time communication and immediate answers to your questions.

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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308 1 Crystal Green Lane
Crystal Green Okotoks T1S 0C5

$329,900
Residential beds: 1 baths: 1.0 795 sq. ft. built: 2009

Main Photo: 308 1 Crystal Green Lane: Okotoks Apartment for sale : MLS®# A2169056
Photo 1: 308 1 Crystal Green Lane: Okotoks Apartment for sale : MLS®# A2169056
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Photo 42: 308 1 Crystal Green Lane: Okotoks Apartment for sale : MLS®# A2169056
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2169056
Bedrooms:
1
Bathrooms:
1
Year Built:
2009
This cozy one bedroom plus den condo offers beautiful mountain views and sunsets with its south west exposure. Sitting on the balcony overlooking the manicured grounds you'll forget you're in the city at all. Inside there are high ceilings and big windows, creating a bright and inviting atmosphere. The kitchen features plenty of cabinets and counter space, while the large bathroom includes in-suite laundry for convenience. The den provides flexible space for a home office or extra storage. Located in a well-maintained building with an exercise room and several small gathering spaces, this comfortable home also has heated underground parking with additional storage. Don't forget that you also have access to the crystal shores lake for summer swimming and winter skating. It's an excellent opportunity for first-time buyers or those looking for a manageable living space.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
795 sq. ft.
Main Level Finished Area:
795 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$407.65
Condo Fee Includes:
Heat, Insurance, Maintenance Grounds, Professional Management, 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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Floor Location:
Other
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2009 (Age: 15)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0910114
Heating:
Baseboard
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Carpet
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Heated Garage, Stall, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Penncross
Crystal Green
Elevator(s), Fitness Center
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
NA
None Known
Yes
Floor
Type
Size
Other
Main Floor
Kitchen
12' × 9'6"
Main Floor
Dining Room
10'6" × 7'
Main Floor
Living Room
17'6" × 10'6"
Main Floor
Den
11'6" × 8'
Main Floor
Bedroom - Primary
15'6" × 9'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Golf, Lake
Interior Features:
High Ceilings
Exterior Features:
None
Patio And Porch Features:
Balcony(s), Deck
Num. of Parcels:
0
Region:
Foothills County
Zoning:
NC
Listed Date:
Sep 26, 2024
Days on Mkt:
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Listed by Century 21 Masters
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$649,950
Min list price:
$215,000
Max list price:
$3,995,000
Avg days on market:
34
Min days on market:
3
Max days on market:
253
Avg price per sq.ft.:
$383.65
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706