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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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468 Copperpond Boulevard SE
Copperfield Calgary T2Z 0Z4

$545,000
Residential beds: 3 baths: 3.0 1,294 sq. ft. built: 2011

Front
Photo 1: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 2: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 3: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 4: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 5: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 6: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 7: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 8: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 9: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 10: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 11: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 12: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 13: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 14: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 15: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 16: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 17: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 18: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 19: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 20: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 21: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 22: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 23: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 24: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 25: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 26: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 27: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 28: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 29: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 30: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Photo 31: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2174457
Bedrooms:
3
Bathrooms:
3
Year Built:
2011
Discover this practical 2-story home in the desirable community of Copperfield, Calgary. This property offers nearly 1,300 sq ft of functional living space, well-suited for families and professionals. The home features 3 bedrooms, 2.5 bathrooms including an ensuite, and a fully finished basement, providing ample room for various needs. Hardwood floors throughout the main level add character to the open concept living areas. The kitchen comes equipped with dark wood cabinetry, stainless steel appliances, and a tile backsplash. It opens to a dining area, convenient for family meals and casual entertaining. The living room receives plenty of natural light from large windows. Upstairs, find a master bedroom with an ensuite bathroom, two additional bedrooms, and a full bath. The finished basement offers versatile space, adaptable for a home office, playroom, or guest accommodation. Outside, a low-maintenance yard complements the community's green spaces and walking paths. Situated in family-oriented Copperfield, this home provides easy access to schools, shopping, and major transportation routes. This property presents an opportunity to live in one of Calgary's popular neighborhoods, with potential for personalization to suit your taste and lifestyle.
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:
1,293.62 sq. ft.
Main Level Finished Area:
651.54 sq. ft.
Upper Level Finished Area:
642.07 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
391.59 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,035 sq. ft.
Lot Frontage:
27'11⅞"
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:
Unit Exposure:
North
Levels:
Two
Total Rooms Above Grade:
6
Year built:
2011 (Age: 13)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1012520
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
None, Off Street, Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Copperfield
Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Refrigerator, Washer
Garden Shed, Trampoline (if desired), Backyard Toys (if desired)
Easement Registered On Title, Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Kitchen
13'10" × 7'8"
Main Floor
Living Room
13' × 12'
Main Floor
Dining Room
10'11" × 6'11"
2nd Floor
Bedroom - Primary
13'2" × 11'2"
2nd Floor
Bedroom
10'5" × 9'6"
2nd Floor
Bedroom
10'6" × 9'
Basement
Furnace/Utility Room
9'5" × 7'7"
Basement
Den
17'5" × 9'9"
Basement
Great Room
17'9" × 12'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'10" x 5'1"
Main Floor
No
4
6'7" x 8'1"
2nd Floor
Yes
4
6'4" x 8'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Granite Counters, No Animal Home, No Smoking Home
Exterior Features:
Other
Patio And Porch Features:
Front Porch
Lot Features:
Back Lane
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
R-G
Listed Date:
Oct 24, 2024
Days on Mkt:
  • Photo 1: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Front
  • Photo 2: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Aerial
  • Photo 3: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
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    Photo 8 of 31
  • Photo 9: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
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  • Photo 10: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
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  • Photo 13: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Primary Bedroom
  • Photo 14: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Primary Bedroom
  • Photo 15: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Ensuite
  • Photo 16: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Bedroom 2
  • Photo 17: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Bedroom 2
  • Photo 18: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Bedroom 3
  • Photo 19: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Bedroom 3
  • Photo 20: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Hallway - upper
  • Photo 21: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Back Door
  • Photo 22: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Main Bath
  • Photo 23: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Half Bath - Main Floor
  • Photo 24: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
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  • Photo 26: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Flex Area - Basement
  • Photo 27: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Great Room - Basement
  • Photo 28: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
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  • Photo 30: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
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  • Photo 31: 468 Copperpond Boulevard SE in Calgary: Copperfield Detached for sale : MLS®# A2174457
    Nearby Bus Stop
Listed by CIR Realty
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$429,900
Min list price:
$259,000
Max list price:
$788,888
Avg days on market:
23
Min days on market:
2
Max days on market:
83
Avg price per sq.ft.:
$398.38
These statistics are generated based on the current listing's property type and located in Copperfield. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706