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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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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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949 Mckenzie Towne Manor SE
McKenzie Towne Calgary T2Z 1E1

$488,000
Residential beds: 2 baths: 3.0 1,211 sq. ft. built: 2012

Front yard with west exposure
Photo 1: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 2: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 3: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 4: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 5: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 6: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 7: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 8: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 9: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 10: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 11: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 12: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 13: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 14: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 15: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 16: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 17: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 18: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 19: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 20: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 21: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 22: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 23: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 24: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 25: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 26: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 27: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 28: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 29: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 30: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 31: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 32: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 33: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 34: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 35: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 36: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 37: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 38: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 39: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 40: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 41: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 42: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 43: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 44: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 45: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 46: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 47: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 48: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Photo 49: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2172242
Bedrooms:
2
Bathrooms:
3
Year Built:
2012
**Open house Saturday, November 9 from 1:30-3:30 p.m.** Welcome to your new home in the charming and vibrant community of McKenzie Towne! Known for its unique character and walkability, McKenzie Towne is a standout among Calgary’s neighbourhoods. Small town living in the big city with beautiful parks, playgrounds, top-rated schools, and the inviting shops and restaurants along High Street, just a few minutes from your doorstep. For those who enjoy the outdoors, the scenic ponds and pathways are also just steps away. Access to Calgary Transit’s BRT hub is just a block away. This beautifully maintained townhome offers the best in comfort and style with over 1450 square feet of developed living space. Inside, you’re welcomed into a cozy main living area, ideal for relaxation, a dedicated dining area, and a spacious kitchen featuring stainless steel appliances and an island. Upgrades include a balcony off the kitchen, laminate hardwood floor on the main living level, quartz countertops throughout the home, central air conditioning. Upstairs, the two primary bedrooms offer privacy and convenience, each with their own 4-piece full ensuite and walk-in closet. The upper floor also includes a laundry area (another upgrade) and a small office nook, perfect for working from home. The lower level boasts a full-sized double attached garage with direct access to the home. There’s also extra finished space on this level, ideal for a home gym, craft area, or studio! An added bonus is the two outdoor spaces, including the balcony right off the kitchen. If you prefer to relax and enjoy the west-facing sun in the front yard, the spacious patio has plenty of room for furniture and a BBQ. Lovingly cared for by the original owner, this meticulously maintained home is ready for its next chapter. Don’t miss your chance to move in this fall and start enjoying the wonderful McKenzie Towne lifestyle!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,211 sq. ft.
Main Level Finished Area:
617 sq. ft.
Upper Level Finished Area:
594 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
245 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$348.47
Condo Fee Includes:
Common Area Maintenance, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
HOA Fee Frequency:
Annually
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:
West
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2012 (Age: 12)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1311713
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Laminate
Cooling:
Central Air
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$226.00
Condo Fee Frequency:
Monthly
Mosaic Mirage
McKenzie Towne
Visitor Parking
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Deck Box, Patio Table & 4 Chairs
Restrictive Covenant, Utility Right Of Way
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Living Room
12' × 10'4"
Main Floor
Kitchen
13'8" × 13'5"
Main Floor
Dining Room
13'8" × 7'5"
Upper Level
Bedroom - Primary
13'8" × 11'3"
Upper Level
Bedroom
11'10" × 9'4"
Basement
Game Room
17' × 12'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
Upper Level
Yes
4
0' x 0'
Upper Level
Yes
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Kitchen Island, Pantry, Quartz Counters, Walk-In Closet(s)
Exterior Features:
None
Patio And Porch Features:
Balcony(s)
Lot Features:
Fruit Trees/Shrub(s), Front Yard, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-1
Listed Date:
Oct 10, 2024
Days on Mkt:
  • Photo 1: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Front yard with west exposure
  • Photo 2: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Fenced yard and patio
  • Photo 3: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Private yards with big trees
  • Photo 4: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Attached double garage
  • Photo 5: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Living room with great west sun exposure
  • Photo 6: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Laminate flooring
  • Photo 7: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 7 of 49
  • Photo 8: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 8 of 49
  • Photo 9: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Dining area
  • Photo 10: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 10 of 49
  • Photo 11: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 11 of 49
  • Photo 12: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Kitchen with quartz counters
  • Photo 13: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 13 of 49
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    Photo 14 of 49
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    Photo 15 of 49
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    Photo 16 of 49
  • Photo 17: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Patio off of kitchen
  • Photo 18: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 18 of 49
  • Photo 19: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    2 piece bathroom on main level
  • Photo 20: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 20 of 49
  • Photo 21: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    First primary bedroom
  • Photo 22: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    First primary bedroom
  • Photo 23: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Primary walk-in closet
  • Photo 24: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Primary bathroom
  • Photo 25: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Computer area
  • Photo 26: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Second primary bedroom
  • Photo 27: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 27 of 49
  • Photo 28: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 28 of 49
  • Photo 29: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Second primary bedroom
  • Photo 30: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Second walk-in closet
  • Photo 31: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Second primary suite
  • Photo 32: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Upstairs laundry
  • Photo 33: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    FInished basement space with direct access to the garage
  • Photo 34: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Finished basement space
  • Photo 35: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 35 of 49
  • Photo 36: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Space for 2 vehicles
  • Photo 37: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Double attached garage
  • Photo 38: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Patio off of kitchen
  • Photo 39: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    5 min walk to the shops of High Street
  • Photo 40: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Local shops within walking distance
  • Photo 41: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 41 of 49
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    Photo 43 of 49
  • Photo 44: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Ample playgrounds and parks within a 1 minute walk
  • Photo 45: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Photo 45 of 49
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    Photo 47 of 49
  • Photo 48: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Access to the pathways along the water
  • Photo 49: 949 Mckenzie Towne Manor SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2172242
    Quick access to shops at 130th ave, 10 minute drive away

Virtual Tour

Virtual Tour

Listed by RE/MAX First
Data was last updated November 14, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$441,200
Min list price:
$290,000
Max list price:
$959,800
Avg days on market:
23
Min days on market:
5
Max days on market:
83
Avg price per sq.ft.:
$391.28
These statistics are generated based on the current listing's property type and located in McKenzie Towne. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706