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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915 18 Avenue SW
Lower Mount Royal Calgary T2T 0H2

$789,900
Residential beds: 2 baths: 2.0 1,616 sq. ft. built: 1912

Main Photo: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
Photo 1: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
Photo 2: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
Photo 3: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
Photo 4: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
Photo 5: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
Photo 6: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
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Photo 34: 915 18 Avenue SW in Calgary: Lower Mount Royal Detached for sale : MLS®# A2176684
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2176684
Bedrooms:
2
Bathrooms:
2
Year Built:
1912
Nestled on a quiet, tree-lined street in Lower Mount Royal, this charming 1912 two-storey home is just off of vibrant 17th Avenue SW with its trendy shopping, chic restaurants, bars, and cafes. With a walk score of 99, the location is truly unmatched with grocery stores, banks, and other amenities steps away from the home. This beautifully renovated home offers 2 bedrooms and 2 bathrooms, perfect for professionals, artists, or young families. Step inside and be greeted by a formal foyer that leads to a spacious living room with a bay window and a cozy dining room. The updated kitchen features an eating area and new hardwood flooring throughout. Upstairs, you'll find a luxurious Primary bedroom with a walk-in closet and a modern ensuite bath. The second bedroom, equipped with a Murphy bed and built-in bookcases, is perfect as a guest room or study. A standout feature of this home is the large studio space with vaulted ceilings, offering nearly 300 square feet for a family room, home office, or artist’s studio. Enjoy the newly landscaped backyard (2020) with patio stones and a fresh garden area, plus the convenience of a large concrete parking pad at the rear. The home boasts numerous infrastructure updates, including a new roof (2015), a newer boiler, and updated electrical. The lower level is undeveloped, providing even more potential. Just minutes from downtown, this home offers a fantastic opportunity to live in an inner-city neighborhood. This home was the long-term residence of famed Alberta artist John Snow, and his original printing press remains for the new owner to appreciate. The home is eligible for heritage grants from the city and/or province. Plus, the DC zoning allows for easy conversion for dual residential and office use, as seen with nearby businesses. Don’t miss out on this unique and charming home—book your private viewing 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:
1,615.84 sq. ft.
Main Level Finished Area:
973.93 sq. ft.
Upper Level Finished Area:
641.91 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
690.23 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,003 sq. ft.
Lot Frontage:
33'11⅞"
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:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
1912 (Age: 112)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
4453L
Heating:
Boiler, Natural Gas
Basement:
Separate/Exterior Entry, Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Mantle, None
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Basement
Lower Mount Royal
Dishwasher, Dryer, Electric Stove, Freezer, Microwave Hood Fan, Refrigerator, Washer, Water Softener
Gas Stove in studio, Archives belonging to home: 1) Printing press, 2) accessories to printing press under basement stairs 3) paper press hanging lines with clips, 4) original windows, doors
Historic Site
Floor
Type
Size
Other
Main Floor
Breakfast Nook
10'5" × 8'5"
Main Floor
Dining Room
14'1" × 10'9"
Main Floor
Family Room
17'3" × 16'9"
Main Floor
Foyer
12'2" × 6'11"
Main Floor
Kitchen
10'6" × 8'10"
Main Floor
Living Room
13'9" × 13'5"
2nd Floor
Bedroom
10'10" × 10'5"
2nd Floor
Bedroom - Primary
17'2" × 11'
2nd Floor
Walk-In Closet
7'2" × 5'1"
Basement
Laundry
11'2" × 8'
Basement
Storage
9'3" × 8'2"
Basement
Other
24'9" × 16'6"
Floor
Ensuite
Pieces
Other
2nd Floor
Yes
3
4'10" x 10'5"
2nd Floor
No
4
7'6" x 6'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Bookcases, Built-in Features, Closet Organizers, Kitchen Island, No Smoking Home, Open Floorplan, Separate Entrance, Storage, Walk-In Closet(s), Wood Windows
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Front Porch, Patio
Lot Features:
Back Lane, Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Oct 31, 2024
Days on Mkt:
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3D Tour

Virtual Tour

Listed by Greater Property Group
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$338,500
Min list price:
$183,900
Max list price:
$850,000
Avg days on market:
32
Min days on market:
5
Max days on market:
90
Avg price per sq.ft.:
$404.32
These statistics are generated based on the current listing's property type and located in Lower Mount Royal. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706