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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410 138 Waterfront Court SW
Chinatown Calgary T2P 1L1

$575,000
Residential beds: 2 baths: 2.0 763 sq. ft. built: 2018

Main Photo: 410 138 Waterfront Court SW in Calgary: Chinatown Apartment for sale : MLS®# A2171438
Photo 1: 410 138 Waterfront Court SW in Calgary: Chinatown Apartment for sale : MLS®# A2171438
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2171438
Bedrooms:
2
Bathrooms:
2
Year Built:
2018
Take a look at this beautifully designed 2-bedroom, 2-bath condo located in the prestigious Parkside at Waterfront. This unit features 9-foot ceilings, expansive Low-E windows, and sleek laminate flooring, creating a modern and open living space. The chef’s dream kitchen includes a large island with breakfast seating, high-end stainless steel appliances, full-height tile backsplash, and elegant stone countertops, perfect for entertaining. The spacious primary suite easily accommodates a king-size bed and is complemented by a spa-like 3-piece ensuite with a glass-enclosed shower and a marble-topped floating vanity. Black-out blinds in the bedroom ensure a restful night's sleep. A second generously sized bedroom offers south-facing views and is complemented by a stylish 4-piece bathroom for guests. Both bathrooms also feature a stylish floating latrine. Additionally, the condo is fully air-conditioned and includes a full-sized, in-suite washer and dryer. Step outside onto your balcony to enjoy panoramic views of the Bow River to the north and east, and a gas line is available for your BBQ. The unit comes with a designated underground parking space and a storage locker. The building is just steps away from Eau Claire’s vibrant walking paths, restaurants, and shops, and offers top-tier amenities such as a fully-equipped fitness center with yoga space, a hot tub and steam room, a guest suite, a visitor lounge, and plenty of visitor parking. This condo offers the perfect blend of luxury, comfort, and convenience.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
High-Rise (5+)
Total Living Area:
763 sq. ft.
Main Level Finished Area:
763 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$573.76
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Security, 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:
Southeast
Floor Location:
Other
Entry Level:
4
Stories Total:
9
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2018 (Age: 6)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1811666
Heating:
Forced Air
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Metal Siding, Stone
Structure Type:
High Rise (5+ stories)
Ensuite:
Yes
Flooring:
Laminate
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Chinatown
Bicycle Storage, Elevator(s), Fitness Center, Guest Suite, Party Room, Sauna
Built-In Oven, Dishwasher, Dryer, Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
N/A
Pet Restrictions or Board approval Required, Pets Allowed
Cats OK, Dogs OK, Yes
Floor
Type
Size
Other
Main Floor
Living Room
18'8" × 12'1"
Main Floor
Kitchen
12'5" × 8'5"
Main Floor
Bedroom - Primary
14' × 9'
Main Floor
Bedroom
11'11" × 9'1"
Main Floor
Foyer
6'2" × 4'7"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
3
5'1" x 8'4"
Main Floor
No
4
5' x 8'6"
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, High Ceilings, Quartz Counters
Exterior Features:
None
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Oct 10, 2024
Days on Mkt:
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Listed by eXp Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$399,900
Min list price:
$249,900
Max list price:
$1,649,900
Avg days on market:
33
Min days on market:
4
Max days on market:
152
Avg price per sq.ft.:
$593.92
These statistics are generated based on the current listing's property type and located in Chinatown. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706