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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1308 154 Avenue SW
Millrise Calgary T2Y 3E5

$429,900
Residential beds: 2 baths: 2.0 1,012 sq. ft. built: 1994

Main Photo: 1308 154 Avenue SW in Calgary: Millrise Row/Townhouse for sale : MLS®# A2177160
Photo 1: 1308 154 Avenue SW in Calgary: Millrise Row/Townhouse for sale : MLS®# A2177160
Photo 2: 1308 154 Avenue SW in Calgary: Millrise Row/Townhouse for sale : MLS®# A2177160
Photo 3: 1308 154 Avenue SW in Calgary: Millrise Row/Townhouse for sale : MLS®# A2177160
Photo 4: 1308 154 Avenue SW in Calgary: Millrise Row/Townhouse for sale : MLS®# A2177160
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Photo 21: 1308 154 Avenue SW in Calgary: Millrise Row/Townhouse for sale : MLS®# A2177160
Photo 22: 1308 154 Avenue SW in Calgary: Millrise Row/Townhouse for sale : MLS®# A2177160
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2177160
Bedrooms:
2
Bathrooms:
2
Year Built:
1994
Walk into this great spacious end-unit townhome in Millrise. With plenty of natural sunlight and a spacious living room, the main floor is designed for comfort and convenience. With a south facing patio, glass sliding doors and huge trees, you will enjoy the semi-private outdoor space. Upstairs offers a good size master bedroom with a generous walk-in closet. The second bedroom originally was two bedrooms upon which the center wall was removed. The second floor has a good size 4-piece bathroom. This home also offers a fully finished basement and is versatile, can be a home entertainment area of turned into another bedroom. This great townhome is located in a quiet street and is close to all the amenities. This is a great opportunity to get into a fast growing market, and offers plenty of natural sunlight, a convenient layout and plenty or opportunities to customize the home to your needs. Come book your viewing today!!!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Side by Side
Total Living Area:
1,012.08 sq. ft.
Main Level Finished Area:
467.48 sq. ft.
Upper Level Finished Area:
545.63 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
337.99 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$424.14
Condo Fee Includes:
Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal
HOA Fee Includes:
Lot Area:
2,647 sq. ft.
Lot Frontage:
88'7"
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:
Unit Exposure:
North
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall, End Unit, No One Above, No One Below
Total Rooms Above Grade:
6
Year built:
1994 (Age: 30)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
951023
Heating:
Mid Efficiency, 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:
Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Millside Green
Millrise
Park, Parking, Playground
Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, See Remarks, Washer/Dryer
NONE
None Known
Yes
Floor
Type
Size
Other
Main Floor
Living Room
18'7" × 9'3"
Main Floor
Kitchen
8' × 7'9"
Main Floor
Dining Room
9'6" × 7'
Main Floor
Foyer
13'3" × 4'
Upper Level
Bedroom - Primary
14'3" × 11'8"
Upper Level
Bedroom
17'1" × 8'7"
Lower Level
Game Room
13'8" × 12'10"
Lower Level
Laundry
9'7" × 3'3"
Lower Level
Furnace/Utility Room
8'6" × 3'3"
Lower Level
Other
7'4" × 5'
Floor
Ensuite
Pieces
Other
Upper Level
No
4
4'11" x 8'7"
Lower Level
No
3
4'8" x 8'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Closet Organizers, No Animal Home, No Smoking Home, See Remarks, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Lighting, Playground, Storage
Patio And Porch Features:
Deck, See Remarks
Lot Features:
Back Yard, City Lot, Cleared, Corner Lot, Lawn, Landscaped, Street Lighting, Private
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-CG D44
Listed Date:
Nov 03, 2024
Days on Mkt:
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Listed by First Place Realty
Data was last updated November 14, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$529,900
Min list price:
$200,000
Max list price:
$689,000
Avg days on market:
22
Min days on market:
5
Max days on market:
84
Avg price per sq.ft.:
$413.2
These statistics are generated based on the current listing's property type and located in Millrise. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706