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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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130 24 Avenue SW
Mission Calgary T2S 0J9

$649,500
Residential beds: 3 baths: 3.0 1,327 sq. ft. built: 1990

Main Photo: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 1: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 2: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 3: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 4: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 5: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 6: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 7: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 8: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 9: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 10: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 11: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 12: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 13: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 14: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 15: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 16: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 17: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
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Photo 19: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 20: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 21: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 22: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 23: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 24: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 25: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 26: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
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Photo 29: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
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Photo 31: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 32: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 33: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 34: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 35: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 36: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 37: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Photo 38: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2176379
Bedrooms:
3
Bathrooms:
3
Year Built:
1990
Location! Location! You’ll get excited when you see this home! Quiet location in trendy & historic Mission. Fully developed Two Storey with a modern appeal and spacious design. The Kitchen features attractive cabinets with special pull-outs, storage drawers, ample counter space, a moveable island with breakfast bar and quality appliances. The Dining area is enhanced with a glass block feature wall. The large Living Room has lots of windows including a glass door for easy access to the private deck (create your own outdoor living space). The sky-lite staircase leads to the upper level. There are two large Bedrooms which share a full Bathroom with a relaxing deep soaker tub and separate shower. The Primary Bedroom has a multi-functional nook – perfect for a home office or quiet retreat area. The Basement development is a bonus with a family room and guest Bedroom/Den. There is a full Bathroom with shower and laundry closet with lots of storage space. Check out the virtually staged photos. The decorating options are endless! Amazing inner-city location. Friendly 4-plex, pets are allowed with approval. City parking permits are available for your guests. Leave your car at home and walk to 4th Street to enjoy the many vibrant restaurants, pubs & boutiques, or take a quiet stroll along the river pathways. Close to nearby C-train, BMO Convention Centre, Stampede Park and so much more! Don’t miss out – quick possession is available.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,326.65 sq. ft.
Main Level Finished Area:
669.11 sq. ft.
Upper Level Finished Area:
657.54 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
586.42 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$250.00
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:
South
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls, No One Above, No One Below
Total Rooms Above Grade:
6
Year built:
1990 (Age: 34)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
9110737
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Off Street, Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Z-name Not Listed
Mission
Parking
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Movable Kitchen Island
None Known
Call, Yes
Floor
Type
Size
Other
Main Floor
Living Room
14'2" × 13'5"
Main Floor
Kitchen
13'5" × 8'3"
Main Floor
Dining Room
8'2" × 7'11"
Main Floor
Foyer
6'5" × 4'1"
Main Floor
Furnace/Utility Room
5' × 3'9"
2nd Floor
Bedroom - Primary
19'11" × 14'9"
2nd Floor
Bedroom
14'1" × 13'5"
Lower Level
Bedroom
12'9" × 11'5"
Lower Level
Game Room
19'2" × 14'10"
Lower Level
Laundry
7'9" × 2'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'5" x 7'6"
2nd Floor
No
4
8'5" x 8'10"
Lower Level
No
3
7'9" x 9'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Animal Home, No Smoking Home, Skylight(s), Soaking Tub, Vinyl Windows
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Back Lane, City Lot, Landscaped
Num. of Parcels:
0
Fencing:
Cross Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Oct 30, 2024
Days on Mkt:
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    Endless Decorating Possibilities...
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  • Photo 15: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Endless decorating possibilities...virtually staged.
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  • Photo 19: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Endless decorating possibilities...virtually staged.
  • Photo 20: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Endless decorating possibilities...virtually staged.
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  • Photo 26: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Endless decorating possibilities...virtually staged.
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  • Photo 28: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Fully developed Basement is a Bonus!
  • Photo 29: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Endless decorating possibilities...virtually staged.
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  • Photo 35: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    This location is so convenient. City parking permits are available for guests.
  • Photo 36: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Have an amazing lifestyle! Walk to so many inner city amenities.
  • Photo 37: 130 24 Avenue SW in Calgary: Mission Row/Townhouse for sale : MLS®# A2176379
    Quiet location. Not a busy street - river is at the end of road. No through traffic.
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3D Tour

Virtual Tour

Listed by RE/MAX Complete Realty
Data was last updated November 13, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$333,000
Min list price:
$199,900
Max list price:
$1,375,000
Avg days on market:
33
Min days on market:
2
Max days on market:
130
Avg price per sq.ft.:
$457.3
These statistics are generated based on the current listing's property type and located in Mission. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706