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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604 102 Scenic Drive N
Downtown (Lethbridge) Lethbridge T1H 5L9

$1,505,900
Residential beds: 3 baths: 3.0 2,687 sq. ft. built: 2023

Main Photo: 604 102 Scenic Drive N: Lethbridge Apartment for sale : MLS®# A2170277
Photo 1: 604 102 Scenic Drive N: Lethbridge Apartment for sale : MLS®# A2170277
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Photo 30: 604 102 Scenic Drive N: Lethbridge Apartment for sale : MLS®# A2170277
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2170277
Bedrooms:
3
Bathrooms:
3
Year Built:
2023
Effective October 22, 2024-Developer will include Standard Blind Package, installed, as well as Condo Fees for 1 year for condos that have possession before December 31, 2024. Welcome to #604, 102 Scenic Drive. No one else will have this layout with east and north east views. Bright sunny mornings and evenings to enjoy your terrace out of the hot sun. Grand entry to this floor plan featuring an entertainer's kitchen with seating at the breakfast bar. Open concept living and dining room with a flex/media room. Sweeping primary bedroom with spacious walk in closet and five piece spa like ensuite. Second and third bedrooms with walk in closets and large walk in shower ensuites. Spacious laundry room to store all your extras. Generous walk-in pantry. This unit has the ability to choose your own finishes from our curated color palettes. Enjoy our amenities, which no other location in Lethbridge has to offer, as well as the community we have become. This Penthouse is currently at framing stage.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
2,687 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,039.88
Condo Fee Includes:
Amenities of HOA/Condo, Caretaker, Common Area Maintenance, Electricity, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Residential Manager, Sewer, Snow Removal
HOA Fee Frequency:
Monthly
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:
0
Stories Total:
6
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2023 (Age: 1)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
2411132
Heating:
Hot Water
Basement:
None
New Constr.:
Yes
Construction Material:
Concrete
Structure Type:
High Rise (5+ stories)
Roof:
Concrete
Ensuite:
Yes
Flooring:
Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Electric
Garage:
0
Parking:
Parkade
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
HOA Fee:
$1,039.88
Condo Fee Frequency:
Monthly
Z-name Not Listed
Downtown (Lethbridge)
Bicycle Storage, Elevator(s), GCHUT, Visitor Parking
Central Air Conditioner, Convection Oven, Electric Cooktop, Microwave, Refrigerator
none
None Known
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
20'7" × 12'
Main Floor
Bedroom
12'10" × 12'
Main Floor
Kitchen
17'6" × 12'10"
Main Floor
Bedroom
16'4" × 12'
Main Floor
Living Room
20'6" × 16'
Main Floor
Dining Room
16'1" × 13'4"
Main Floor
Flex Space
19'2" × 8'11"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
0' x 0'
Main Floor
Yes
3
0' x 0'
Main Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Shopping Nearby, Walking/Bike Paths
Interior Features:
Pantry, Quartz Counters
Exterior Features:
None
Patio And Porch Features:
Balcony(s), Deck
Num. of Parcels:
0
Region:
Lethbridge
Zoning:
C-D
Listed Date:
Oct 04, 2024
Days on Mkt:
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Listed by SUTTON GROUP - LETHBRIDGE
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
322
Avg list price:
$465,000
Min list price:
$109,000
Max list price:
$2,500,000
Avg days on market:
40
Min days on market:
1
Max days on market:
600
Avg price per sq.ft.:
$346.78
These statistics are generated based on the current listing's property type and located in Lethbridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706