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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408 30 Royal Oak Plaza NW
Royal Oak Calgary T3G 0C1

$359,000
Residential beds: 2 baths: 2.0 768 sq. ft. built: 2009

Main Photo: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 1: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 2: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 3: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 4: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 5: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
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Photo 21: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 22: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 23: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 24: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 25: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 26: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Photo 27: 408 30 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2169627
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2169627
Bedrooms:
2
Bathrooms:
2
Year Built:
2009
Welcome to this stunning 2 Beds 2 Baths condo in the heart of Royal Oak. The unit features an open-concept living space with 9-foot ceiling and lots of natural light. The kitchen includes a black appliance package with a BOSCH wall oven and glass cooktop, pendulum lighting over a raised breakfast bar, and ample workspace and storage providing convenience and functionality. The spacious and bright living room offers access to the inviting balcony equipped with a gas line for barbecuing. The master bedroom features a walk-through closet and a 4-piece ensuite. The second bedroom, which can also be serve as an office, offers good separation and privacy from the master bedroom. The main 4-piece bathroom, located away from the living room, includes in-unit laundry. This unit also comes with a titled underground parking and a titled storage locker. Plenty of visitor parking located in front of the building. Residents also have access to excellent building amenities, including a gym and a party room. Excellent location that is just steps away from shopping centre, restaurants and public transit, 5 minutes to the Shane Homes YMCA, and with easy access to Stoney Trail, you truly can’t say enough about this desirable location. Book your showing today!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Low-Rise(1-4)
Total Living Area:
768.3 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$469.31
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, 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:
Southwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Floor Location:
Top
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2009 (Age: 15)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0910106
Heating:
Baseboard, Hot Water, Natural Gas
New Constr.:
No
Construction Material:
Brick, Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Carpet, Linoleum, Tile
Cooling:
Window Unit(s)
Fireplaces:
0
Garage:
0
Parking:
Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Red Haus
Royal Oak
Clubhouse, Elevator(s), Fitness Center, Recreation Room, Secured Parking, Storage, Visitor Parking
Dishwasher, Dryer, Electric Cooktop, Microwave Hood Fan, Oven-Built-In, Refrigerator, Wall/Window Air Conditioner, Washer, Window Coverings
None
Board Approval, Pets Allowed
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
9'11" × 9'7"
Main Floor
Bedroom - Primary
11'4" × 10'3"
Main Floor
Walk-In Closet
7'11" × 4'2"
Main Floor
Entrance
7'9" × 3'10"
Main Floor
Kitchen
11' × 8'5"
Main Floor
Living Room
13'7" × 12'5"
Main Floor
Dining Room
7'9" × 7'6"
Main Floor
Balcony
10'9" × 6'8"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
4'11" x 7'11"
Main Floor
No
4
8'7" x 8'7"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Schools Nearby, Shopping Nearby
Interior Features:
Built-in Features, High Ceilings, No Smoking Home
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C2
Listed Date:
Oct 09, 2024
Days on Mkt:
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Listed by Homecare Realty Ltd.
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$512,000
Min list price:
$264,000
Max list price:
$1,349,250
Avg days on market:
36
Min days on market:
2
Max days on market:
170
Avg price per sq.ft.:
$444.9
These statistics are generated based on the current listing's property type and located in Royal Oak. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706