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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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7819 34 Avenue NW
Bowness Calgary T3B 1P2

$799,900
Residential beds: 4 baths: 3.0 1,738 sq. ft. built: 1954

Welcome Home
Photo 1: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 2: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 3: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 4: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 5: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 6: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 7: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 8: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 9: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 10: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 11: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 12: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 13: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 14: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 15: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 16: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 17: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 18: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 19: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 20: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 21: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 22: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 23: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 24: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 25: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 26: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 27: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 28: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 29: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 30: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 31: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 32: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 33: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 34: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 35: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 36: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 37: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 38: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 39: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 40: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Photo 41: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2171852
Bedrooms:
4
Bathrooms:
3
Year Built:
1954
Open House November 9 Saturday 1pm to 3pm Amazing Bungalow with Over 3,333 Sq Ft of Living Space! Step into this spacious and beautifully designed bungalow featuring an expansive primary bedroom complete with a luxurious 4-piece en-suite with an Air Jet Tub and a walk-in closet. The main floor also boasts a large second bedroom and convenient main floor laundry. The heart of this home is its massive kitchen with granite countertops, seamlessly flowing into an oversized living room—perfect for entertaining and family gatherings. The fully finished basement offers two additional bedrooms, a full kitchen, and a private entrance, making it ideal for guests. Off-street parking is available, ensuring convenience for everyone. Outside, enjoy the great deck and a 24x24 heated and insulated mechanics garage, perfect for those who love to work on projects. There’s also plenty of RV parking or space for extra vehicles and toys. Furnace replaced 2023, hot water tank replaced 2024 and dishwasher replaced in 2022. Construction upgrades which included: Exterior walls reframed to 2x6 with R20 insulation, Plumbing drains upgraded to plastic pipes Basement frost walls rebuilt with 2x6 framing, Egress windows added for basement bedrooms Soundproofed floor joists, except under the kitchen and furnace room New HVAC ductwork, seal taped for efficiency Subfloor replaced with glued and screwed plywood for durability. Located near parks, schools, shopping, and offering easy access to major roads, this home truly has it all. Don’t miss your opportunity—book your appointment now before it’s gone!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,737.94 sq. ft.
Main Level Finished Area:
1,737.94 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,595.56 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,984 sq. ft.
Lot Frontage:
50'
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:
Levels:
One
Total Rooms Above Grade:
5
Year built:
1954 (Age: 70)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
5960AM
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Garage:
1
Garage Spaces:
2
Parking:
220 Volt Wiring, Additional Parking, Alley Access, Double Garage Detached, Heated Garage, Off Street, Oversized, RV Access/Parking
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Bowness
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Entrance
7'10" × 6'10"
Main Floor
Kitchen
15'6" × 14'9"
Main Floor
Dining Room
13'5" × 10'
Main Floor
Living Room
16'9" × 15'7"
Main Floor
Bedroom - Primary
16'3" × 13'5"
Main Floor
Bedroom
12'4" × 11'
Basement
Kitchen With Eating Area
17'3" × 12'7"
Basement
Family Room
20'1" × 10'6"
Basement
Bedroom
14'3" × 13'
Basement
Bedroom
14'3" × 12'11"
Basement
Flex Space
11'11" × 10'5"
Basement
Storage
9' × 6'
Basement
Furnace/Utility Room
15' × 7'
Floor
Ensuite
Pieces
Other
Main Floor
No
3
6'3" x 8'8"
Main Floor
Yes
4
9'4" x 9'6"
Basement
No
4
6'6" x 8'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Central Vacuum, Open Floorplan, Walk-In Closet(s)
Exterior Features:
None
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Back Lane, Front Yard, Low Maintenance Landscape, Landscaped, Street Lighting, Rectangular Lot, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-CG
Listed Date:
Oct 10, 2024
Days on Mkt:
  • Photo 1: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Welcome Home
  • Photo 2: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Foyer
  • Photo 3: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Foyer
  • Photo 4: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Foyer
  • Photo 5: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Main floor 2nd bedroom
  • Photo 6: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Second Bedroom main floor
  • Photo 7: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    3 piece main floor bathroom
  • Photo 8: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    primary bedroom
  • Photo 9: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Primary Bedroom
  • Photo 10: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    primary bedroom
  • Photo 11: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    4 piece en-suite
  • Photo 12: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    en-suite shower
  • Photo 13: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    primary walk-in closet
  • Photo 14: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    main floor laundry
  • Photo 15: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    dining room
  • Photo 16: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    living room
  • Photo 17: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    living room
  • Photo 18: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Gas Fireplace large main floor Living room
  • Photo 19: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    amazing kitchen
  • Photo 20: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Photo 20 of 41
  • Photo 21: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    kitchen island
  • Photo 22: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    pantry
  • Photo 23: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    second kitchen
  • Photo 24: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    basement family room
  • Photo 25: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Basement family
  • Photo 26: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    basement bathroom
  • Photo 27: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Basement 4 piece bathroom with linen closet.
  • Photo 28: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    basement bedroom
  • Photo 29: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    1 of 2 basement bedrooms
  • Photo 30: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Primary Bedroom Balcony
  • Photo 31: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Basement Walk-in closet
  • Photo 32: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Basement rear entrance
  • Photo 33: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Basement Storage
  • Photo 34: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    New Furnace 2023 High Efficiency Hot water tank replaced 2024
  • Photo 35: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Photo 35 of 41
  • Photo 36: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    RV parking and 24x24 garage
  • Photo 37: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Photo 37 of 41
  • Photo 38: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Photo 38 of 41
  • Photo 39: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Photo 39 of 41
  • Photo 40: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    Photo 40 of 41
  • Photo 41: 7819 34 Avenue NW in Calgary: Bowness Detached for sale : MLS®# A2171852
    picture of your new home
Listed by Real Estate Professionals Inc.
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$734,350
Min list price:
$164,900
Max list price:
$1,795,000
Avg days on market:
35
Min days on market:
1
Max days on market:
111
Avg price per sq.ft.:
$559.66
These statistics are generated based on the current listing's property type and located in Bowness. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706