NEW CONSTRUCTION HOMES FOR SALE UNDER $300,000 IN CALGARY

On FORSALEINCALGARY.COM, you can view the most current new construction homes for sale under $300,000 in Calgary, Alberta. Find the most recent Calgary houses, condos and bungalows for sale on the Calgary real estate market, including all homes for sale in Calgary under $300,000  also all real estate for sale in NW Calgary, SW Calgary, SE Calgary and NE Calgary homes for sale in Calgary. You may see every Calgary homes for sale under $300,000 that is offered.Real estate in Calgary is widely accessible. All homes for sale in Calgary come with images, neighborhood details, and features. Please email, text, or contact me when you see anything that piques your interest and you're ready for a closer look. I'll set up your private viewing at your leisure.
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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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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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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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7511 41 Avenue NW
Bowness Calgary T3B 1X5

$1,499,900
Multi-Family 4,451 sq. ft. built: 1978

Main Photo: 7511 41 Avenue NW in Calgary: Bowness Row/Townhouse for sale : MLS®# A2175096
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2175096
Year Built:
1978
This well-maintained 5-plex offers an exceptional opportunity for investors in the highly sought-after neighborhood of Bowness. Upgrades include newer windows and doors in all 5 units. This property combines convenience with solid returns, producing a 5% CAP rate. 4/5 units is currently occupied with month-to-month tenants, providing flexibility for rental adjustments or redevelopment. Situated close to schools, parks, shopping, and transit, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-generating asset in a fantastic location. Don’t miss this chance to secure a valuable piece of Calgary’s thriving rental market!
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
4,451 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
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:
Reg. Size:
Reg. Size Includes:
Year built:
1978 (Age: 46)
Bathrooms:
- (Full:-, Half:-)
Plan:
7910051
Structure Type:
Five Plus
Ensuite:
No
Garage:
0
Parking Places:
5.0
Parking Total/Covered:
5 / -
Bowness
Dryer, Electric Stove, Refrigerator, Washer
N/A
None Known
Title to Land:
Fee Simple
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
M-C1
Listed Date:
Oct 29, 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:
$1,348,888
Min list price:
$875,000
Max list price:
$4,280,000
Avg days on market:
51
Min days on market:
6
Max days on market:
166
Avg price per sq.ft.:
$586.06
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706