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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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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115 Bracewood Way SW
Braeside Calgary T2W 3C3

$760,000
Residential beds: 5 baths: 3.0 1,670 sq. ft. built: 1977

Main Photo: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
Photo 1: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
Photo 2: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
Photo 3: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
Photo 4: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
Photo 5: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
Photo 6: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
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Photo 42: 115 Bracewood Way SW in Calgary: Braeside Detached for sale : MLS®# A2172877
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2172877
Bedrooms:
5
Bathrooms:
3
Year Built:
1977
This beautiful RENOVATED 3+2 bedroom 1700 sq ft home, plus finished basement & double attached garage with bright south-facing backyard home is located on a quiet street in the family friendly, amenity rich SW community of Cedarbrae. The professional $100,000+ renovations include completely refinished full bathroom including new window and another washroom, plus refinished kitchen with new quartz countertops & most new stainless appliances (brand new washer & dryer too), and new paint, new flooring through-out. Other renos include many new windows, new LED lighting, refinished deck with new railing, and new baseboards. Furnace was already a high-efficiency unit and the hot water tank was also recently replaced too. Features of this perfectly placed home include a massive 18 X 12 master bedroom with large closet, two sitting areas, plentiful kitchen cabinetry, and the ample-sized double attached garage with new drywall & paint -- has man-door and another door into the home. From this lovely home, you are minutes from all services including shopping, schools, recreation facilities (incl. Southland Leisure Centre with wave pool and water slides), basketball courts, tennis courts, rinks, soccer fields, other parks including Canyon Meadows Golf Course & Heritage Park at Glenmore Revoir. Further, you’re only a couple of kilometres from the new Stoney Trail Ring Road with your beloved Costco across from it. Quickly get ready to enjoy!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,670 sq. ft.
Main Level Finished Area:
946 sq. ft.
Upper Level Finished Area:
724 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
814 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,199 sq. ft.
Lot Frontage:
52'
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:
Two
Total Rooms Above Grade:
7
Year built:
1977 (Age: 47)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
7710175
Heating:
High Efficiency, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Stone, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
See Remarks
Braeside (Calgary)
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
n/a
None Known
Floor
Type
Size
Other
Main Floor
Living Room
18'4" × 13'4"
Main Floor
Dining Room
12'2" × 11'3"
Main Floor
Kitchen
12'4" × 12'3"
Main Floor
Family Room
17'4" × 12'5"
Upper Level
Bedroom - Primary
18'5" × 12'
Upper Level
Bedroom
13'8" × 10'
Upper Level
Bedroom
11'9" × 10'
Lower Level
Bedroom
12' × 9'8"
Lower Level
Bedroom
12'9" × 10'6"
Lower Level
Laundry
8' × 7'6"
Lower Level
Furnace/Utility Room
9'3" × 5'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Upper Level
No
4
4'11" x 9'10"
Lower Level
No
3
5'3" x 8'8"
Title to Land:
Fee Simple
Community Features:
Clubhouse, Park, Playground, Schools Nearby, Sidewalks, Street Lights
Interior Features:
No Animal Home, Open Floorplan, Quartz Counters, Recessed Lighting, See Remarks
Exterior Features:
Rain Gutters
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Few Trees, Front Yard, Lawn, Landscaped, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Oct 18, 2024
Days on Mkt:
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Listed by RE/MAX Real Estate (Central)
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$472,444
Min list price:
$199,987
Max list price:
$789,900
Avg days on market:
35
Min days on market:
4
Max days on market:
146
Avg price per sq.ft.:
$407.91
These statistics are generated based on the current listing's property type and located in Braeside. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706