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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244 Cannington Place SW
Canyon Meadows Calgary T2W 1Z8

$849,900
Residential beds: 5 baths: 3.0 1,906 sq. ft. built: 1973

Main Photo: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 1: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 2: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 3: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 4: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 5: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 6: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 7: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 8: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 9: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 10: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
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Photo 12: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 13: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
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Photo 17: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
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Photo 22: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 23: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 24: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
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Photo 36: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 37: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Photo 38: 244 Cannington Place SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2174185
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2174185
Bedrooms:
5
Bathrooms:
3
Year Built:
1973
Location, location - Backing onto a pond in Babbling Brook Park and nestled in a serene cul-de-sac, this two-story family home is a testament to thoughtful design and meticulous upkeep. Boasting a sublime location within the established community of Canyon Meadows, this residence promises a refined living experience accentuated by lush natural surroundings and ample community amenities. With four well-appointed bedrooms on the upper level and a versatile fifth bedroom in the developed lower level, this home accommodates both large family living and gracious guest hosting. The primary bedroom features a private three-piece ensuite, enhancing the overall comfort and privacy. The main floor stands out with its formal living and dining rooms tailored for sizable gatherings, alongside a vast U-shaped kitchen complete with a large, luminous breakfast nook. Adding to the functional layout is a spacious family room with a fireplace and built-in storage, seamlessly extending into a substantial mudroom. This space is ideally suited for practical storage solutions, further exemplifying the home's design efficiency. The lower level complements the living space with an expansive recreation room featuring a wet bar, perfect for entertaining. Outdoor life is equally impressive with a mature, meticulously landscaped yard offering a tranquil view and privacy rarely found in city living. Many upgrades to this home include roof, eaves, fascia, siding and central A/C. The home's proximity to schooling options, recreational facilities such as pools and tennis courts, and the convenience of nearby shopping along MacLeod Trail reinforces its appeal as an ideal family home. This distinguished property is not just a residence but a cornerstone for family memories, offering the warmth of a well-loved home.
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:
1,906.28 sq. ft.
Main Level Finished Area:
1,126.28 sq. ft.
Upper Level Finished Area:
780 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
8,234 sq. ft.
Lot Frontage:
12'7"
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:
Levels:
Two
Total Rooms Above Grade:
8
Year built:
1973 (Age: 51)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1286LK
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile
Cooling:
Central Air
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:
Main Level
Canyon Meadows
Dishwasher, Garage Control(s), Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Central A/C
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
17'3" × 13'3"
Main Floor
Dining Room
13' × 11'
Main Floor
Family Room
16'1" × 11'5"
Main Floor
Kitchen
13'5" × 9'
Main Floor
Breakfast Nook
11'5" × 7'5"
Main Floor
Mud Room
11'3" × 5'4"
2nd Floor
Bedroom - Primary
13' × 11'8"
2nd Floor
Bedroom
10'7" × 9'7"
2nd Floor
Bedroom
11'2" × 9'
2nd Floor
Bedroom
11' × 9'
Basement
Game Room
21'7" × 12'7"
Basement
Bedroom
12'8" × 12'3"
Basement
Storage
30'7" × 11'2"
Basement
Hobby Room
11'2" × 7'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
0' x 0'
2nd Floor
No
4
0' x 0'
2nd Floor
Yes
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Clubhouse, Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Central Vacuum, No Animal Home, No Smoking Home, Vinyl Windows, Wet Bar
Exterior Features:
Playground, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Backs on to Park/Green Space, Cul-De-Sac, Lawn, Greenbelt, No Neighbours Behind, Landscaped, Level, Many Trees, Pie Shaped Lot, Private, See Remarks, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Oct 19, 2024
Days on Mkt:
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Listed by RE/MAX Landan Real Estate
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$762,400
Min list price:
$199,900
Max list price:
$3,988,888
Avg days on market:
28
Min days on market:
1
Max days on market:
69
Avg price per sq.ft.:
$424.37
These statistics are generated based on the current listing's property type and located in Canyon Meadows. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706