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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1001 2400 Ravenswood View SE
Ravenswood Airdrie T4A 0V7

$350,000
Residential beds: 2 baths: 2.0 1,245 sq. ft. built: 2017

SOLD OVER THE LISTING PRICE!
Main Photo: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
Photo 1: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
Photo 2: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
Photo 3: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
Photo 4: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
Photo 5: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
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Photo 29: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
Photo 30: 1001 2400 Ravenswood View SE: Airdrie Row/Townhouse for sale : MLS®# A2138052
Status:
Sold
Sold Date:
Jun 27, 2024
Listed Price:
$335,000
Sold Price:
$350,000
Sold in:
17 days
Prop. Type:
Residential
MLS® Num:
A2138052
Bedrooms:
2
Bathrooms:
2
Year Built:
2017
Here’s a wonderful opportunity to own a two-bedroom, 2-bathroom, pet friendly bungalow. This open concept 1245 sq. ft. lower-level floor plan features a huge living room, dining room, and kitchen with quartz countertops, an island, lots of cabinets, and a Stainless Appliances. The huge master bedroom boasts both a 4-piece ensuite bathroom, and a spacious walk- in closet. There’s also a 2nd spacious bedroom and a 2nd bathroom. The unit is separated by one cement common wall. Enjoy barbecuing in your own private oversized patio with gas hookup. This property has one titled parking stall (#74), and one #1001 is assigned; there’s also ample visitor parking. You’re conveniently located near schools, shopping and highway access. Welcome to the Zen in Ravenwood.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Negotiable
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,245 sq. ft.
Main Level Finished Area:
1,245 sq. ft.
Taxes:
$1,742 / 2024
Condo Fee:
$234.87
Condo Fee Includes:
Amenities of HOA/Condo, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Front Exposure:
East
Reg. Size Includes:
Interior Above Grade
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
0
Year built:
2017 (Age: 7)
Bedrooms:
2
Bedrooms Above Grade:
0
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1712265/150
Heating:
High Efficiency, Forced Air, Natural Gas
Basement:
See Remarks
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Owned, Stall
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Ravenswood Townhomes
Ravenswood
Snow Removal, Visitor Parking
Dishwasher, Dryer, Electric Oven, Microwave Hood Fan, Refrigerator, Washer
Alarm System
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Basement
Living Room
14'9" × 13'9"
Basement
Kitchen
12'9" × 12'3"
Basement
Dining Room
14'7" × 10'1"
Basement
Bedroom - Primary
16' × 13'
Basement
Bedroom
13'6" × 11'8"
Basement
Foyer
8'7" × 4'7"
Basement
Walk-In Closet
5'11" × 5'10"
Basement
Walk-In Closet
5'10" × 5'1"
Floor
Ensuite
Pieces
Other
Basement
Yes
4
4'11" x 8'
Basement
No
4
4'11" x 8'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Smoking Home, Open Floorplan, Quartz Counters, Separate Entrance
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Airdrie
Zoning:
R3
Listed Date:
Jun 10, 2024
Days on Mkt:
17
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Listed by Real Estate Professionals Inc.
Data was last updated September 28, 2024 at 02:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706