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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  1. Contact Form: Use the contact form on my website to send me a direct message. Please include your name, email address, and a message, and I will respond as soon as possible.

  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

  3. Email Address: Reach out to me at Diane for any inquiries or to request additional information.

  4. Live Chat: Utilize the live chat feature on my website for real-time communication and immediate answers to your questions.

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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18 Ranchers Bay
Air Ranch Okotoks T1S 0G8

$989,900
Residential beds: 4 baths: 4.0 2,677 sq. ft. built: 2024

Main Photo: 18 Ranchers Bay: Okotoks Detached for sale : MLS®# A2175659
Photo 1: 18 Ranchers Bay: Okotoks Detached for sale : MLS®# A2175659
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Photo 44: 18 Ranchers Bay: Okotoks Detached for sale : MLS®# A2175659
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2175659
Bedrooms:
4
Bathrooms:
4
Year Built:
2024
Welcome home to 18 Ranchers Bay! This beautiful, brand new 4-bedroom, 4-bath home blends timeless finishes with modern upgrades, located in the sought-after Air Ranch neighbourhood. As you step inside, you’ll be welcomed by gleaming hardwood floors, bright sun-filled open concept kitchen space, and an inviting living room with a cozy fireplace—perfect for quiet evenings or lively gatherings. The spacious kitchen features stainless steel appliances, quartz countertops, and a large island, opening up to a sunlit dining area with views of the backyard deck. The main floor also boats a large, private home office space which welcomes the morning sun in the large windows. Upstairs, the primary suite offers a peaceful retreat with a walk-in closet and an en-suite bath boasting a glassed in shower and double vanity. Three additional bedrooms, and a flex space provide flexibility for a large family and guests. Outdoors, enjoy a deck which overlooks the yard, open for your landscaping imagination. You’ll also fancy a large, triple car garage with extra storage possibilities. The spacious lower level features soaring ceilings, with a separate entrance, well suited for a potential legal suite, pending town approval. Situated steps from parks, schools, daycares, and a developing commercial plaza, this home is ideal for those seeking a tranquil family space with the nearby conveniences. Don’t miss the chance to own this Air Ranch gem—schedule your tour today!
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:
2,677 sq. ft.
Main Level Finished Area:
1,086 sq. ft.
Upper Level Finished Area:
1,591 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
879 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,993 sq. ft.
Lot Frontage:
40'
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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Levels:
Two
Total Rooms Above Grade:
11
Year built:
2024 (Age: 0)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1510057
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Composite Siding, Stucco
Structure Type:
House
Roof:
Asphalt
Ensuite:
Yes
Flooring:
Carpet, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas, Mantle, Tile
Garage:
1
Garage Spaces:
3
Parking:
Parking Pad, Triple Garage Attached
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Upper Level
Air Ranch
Built-In Oven, Dishwasher, Garage Control(s), Gas Range, Microwave, Range Hood, Refrigerator
Kitchen Appliances
Subject To Final Registration
Floor
Type
Size
Other
Main Floor
Kitchen
18'5" × 9'6"
Main Floor
Dining Room
18'5" × 7'2"
Main Floor
Living Room
14'5" × 12'
Main Floor
Office
12'11" × 9'11"
Main Floor
Living Room
14'5" × 12'
Main Floor
Mud Room
8'9" × 4'11"
Main Floor
Pantry
5'11" × 5'
Main Floor
Foyer
10'3" × 8'4"
2nd Floor
Bedroom
13'1" × 11'
2nd Floor
Bedroom
15'7" × 10'11"
2nd Floor
Bedroom
13'8" × 10'9"
2nd Floor
Laundry
7'5" × 5'11"
2nd Floor
Loft
11'4" × 10'8"
2nd Floor
Bedroom - Primary
21'4" × 16'9"
2nd Floor
Walk-In Closet
10'11" × 5'4"
2nd Floor
Walk-In Closet
5' × 4'10"
2nd Floor
Walk-In Closet
5' × 4'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 6'11"
2nd Floor
No
4
8'5" x 4'11"
2nd Floor
Yes
4
8'1" x 4'11"
2nd Floor
Yes
5
10'6" x 10'11"
Title to Land:
Fee Simple
Community Features:
Airport/Runway, Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Chandelier, Closet Organizers, Double Vanity, French Door, Kitchen Island, Open Floorplan, Separate Entrance, Storage, Walk-In Closet(s)
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Corner Lot, Cul-De-Sac
Num. of Parcels:
0
Fencing:
None
Region:
Foothills County
Zoning:
TN
Listed Date:
Oct 26, 2024
Days on Mkt:
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Virtual Tour

Listed by eXp Realty
Data was last updated November 14, 2024 at 05:30 AM (UTC)
Area Statistics
Listings on market:
93
Avg list price:
$650,000
Min list price:
$215,000
Max list price:
$3,995,000
Avg days on market:
34
Min days on market:
1
Max days on market:
254
Avg price per sq.ft.:
$383.53
These statistics are generated based on the current listing's property type and located in Okotoks. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706