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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2 802 5 TH Street
South Canmore Canmore T1W 2G4

$1,509,999
Residential beds: 3 baths: 4.0 1,739 sq. ft. built: 2022

Main Photo: 2 802 5 TH Street: Canmore Row/Townhouse for sale : MLS®# A2175393
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2175393
Bedrooms:
3
Bathrooms:
4
Year Built:
2022
Explore this spacious luxury townhouse by Sticks & Stones Custom Homes located in the heart of South Canmore. Just a short walk from Main Street’s cafes, restaurants, and boutique shops, this property combines modern mountain finishes with urban convenience. Situated on the northwest corner of a fourplex, this beautiful fully furnished three-bedroom, four-bathroom, three-level home offers luxurious finishes. Step into the open-concept main living area, where a Rundle stone gas fireplace and a custom kitchen seamlessly flow out to a generous balcony with stunning mountain vistas—ideal for entertaining or relaxing. A chef's dream, this kitchen features a gas stove, a built-in microwave, and a wine fridge. The oak cabinetry and wide plank flooring offer a touch of rustic elegance, complemented by a butler's pantry. Imagine waking up in the upper floor master suite, where breathtaking views of the Fairholm Range and the iconic Cascade Mountain in Banff National Park greet you each morning. With an ensuite bathroom with in-floor heat, a roomy closet, and extra storage, this master retreat is your perfect sanctuary after a day of mountain adventures. The upper level also features a cozy guest bedroom, a full bathroom, and convenient laundry area. On the entry level, you'll find a large foyer leading to the third bedroom with its own ensuite, perfect for guests or family. The heated garage offers extra width for your skis, bikes, and all your mountain gear. Thoughtful details like skylights in the stairwell, ICF and concrete walls between units, and rough-in for air conditioning, and in-floor heating on lower level all ensure comfort and style. South Canmore is one of the area's most sought-after communities, providing quick access to the picturesque trails along the Bow River and to the Nordic Centre. Your adventure begins here, with Banff National Park, Kananaskis Country, four ski resorts, golf courses, biking, hiking, fishing, and more right at your doorstep!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Townhouse
Total Living Area:
1,738.6 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$324.00
Condo Fee Includes:
Insurance, Reserve Fund Contributions
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:
Northwest
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls, End Unit, No One Above, No One Below
Total Rooms Above Grade:
5
Year built:
2022 (Age: 2)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2310139
Heating:
In Floor, Fireplace(s), Forced Air, Natural Gas, Zoned
Basement:
None
Foundation:
Poured Concrete
Builder:
Sticks & Stones Custom Homes
New Constr.:
No
Construction Material:
ICFs (Insulated Concrete Forms), Mixed, Stone, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Rough-In
Fireplaces:
1
Fireplace Details:
Gas, Living Room, Stone
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Hall
Condo Fee Frequency:
Monthly
Z-name Not Listed
South Canmore
None
Dishwasher, Gas Stove, Microwave, Refrigerator, Washer/Dryer
Furnished
None Known
Yes
Floor
Type
Size
Other
Main Floor
Balcony
17'5" × 6'3"
Main Floor
Dining Room
12'6" × 10'7"
Main Floor
Kitchen
14' × 14'
Main Floor
Living Room
16'4" × 14'3"
2nd Floor
Bedroom
11'9" × 10'8"
2nd Floor
Bedroom - Primary
13'11" × 13'3"
Lower Level
Bedroom
10'9" × 9'11"
Lower Level
Foyer
9'8" × 7'5"
Lower Level
Furnace/Utility Room
13'5" × 3'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'8" x 5'
2nd Floor
No
4
8'1" x 4'10"
2nd Floor
Yes
4
9'1" x 8'7"
Lower Level
Yes
3
9'3" x 4'10"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Breakfast Bar, Ceiling Fan(s), High Ceilings, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Skylight(s), Soaking Tub, Storage, Tankless Hot Water, Walk-In Closet(s)
Exterior Features:
Balcony, Private Entrance
Patio And Porch Features:
Balcony(s)
Lot Features:
Back Lane
Num. of Parcels:
0
Fencing:
None
Region:
Bighorn No. 8, M.D. of
Zoning:
R4
Listed Date:
Oct 25, 2024
Days on Mkt:
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Virtual Tour

Additional Images

Virtual Tour

Listed by RE/MAX Alpine Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
150
Avg list price:
$1,199,000
Min list price:
$69,995
Max list price:
$8,717,800
Avg days on market:
61
Min days on market:
1
Max days on market:
844
Avg price per sq.ft.:
$878.59
These statistics are generated based on the current listing's property type and located in Canmore. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706