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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115 790 Kingsmere Crescent SW
Kingsland Calgary T2V 2G9

$285,000
Residential beds: 1 baths: 1.0 820 sq. ft. built: 2000

Main Photo: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 1: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 2: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 3: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 4: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 5: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 6: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 7: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 8: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
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Photo 20: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 21: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 22: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Photo 23: 115 790 Kingsmere Crescent SW in Calgary: Kingsland Apartment for sale : MLS®# A2138427
Status:
Sold
Sold Date:
Jun 21, 2024
Listed Price:
$285,000
Sold Price:
$285,000
Sold in:
16 days
Prop. Type:
Residential
MLS® Num:
A2138427
Bedrooms:
1
Bathrooms:
1
Year Built:
2000
Tremendous Offering!! ** QUICK JULY POSSESSION ** Oversized 820 square foot one-bedroom condo with one bathroom, 2 indoor parking stalls, storage locker, main-floor apartment with a covered balcony, plus Move in READY! ** Very well run building + freshly painted + in-suite storage + Laundry room + living/dining room + gas fireplace + 55 SF Balcony with BBQ gas line ** Featuring upgrades such as newer shaker style wood kitchen cabinet doors, carpet and tile floors throughout, newer stainless steel appliances & granite countertops. The floor plan features an open design with a full kitchen & eat-in breakfast bar combo, dining room, great room with a patio door to the covered deck (BBQ time!!), front foyer, and a full-four-piece bathroom with a custom tiled shower. Great kitchen layout with efficient use of cabinets, counter space, modern cabinet doors & pulls, lights, and a stainless steel sink. The principal bedroom can fit a king-sized bed, including a walk-through closet with organizers and more views. Great location close to Macleod Trail shops, Chinook Mall, pathway, Bike routes, transit, 2 LRT stations, walk to work, shopping, downtown, pubs and restaurants, churches, park & schools and health care! You must put this home onto your 'Must See List!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
By Date Specified
Possession Date:
Jul 08, 2024
Suite:
No
Home Style:
Apartment
Total Living Area:
819.52 sq. ft.
Main Level Finished Area:
819.52 sq. ft.
Taxes:
$1,310 / 2024
Tax Assessed Value:
202000.0
Condo Fee:
$589.05
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
North
Reg. Size Includes:
Interior Above Grade, Wall Thickness
Unit Exposure:
North
Floor Location:
Ground
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2000 (Age: 24)
Bedrooms:
1
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0710542
Heating:
Baseboard, Natural Gas
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas, Mantle
Garage:
0
Parking:
Secured, Titled, Underground
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Aurora at Chinook
Kingsland
Elevator(s), Secured Parking, Trash
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked, Window Coverings
N/A
Pets Allowed
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
15'4" × 13'2"
Main Floor
Kitchen
10'3" × 8'3"
Main Floor
Dining Room
7'10" × 7'10"
Main Floor
Bedroom - Primary
12' × 10'10"
Main Floor
Laundry
8'6" × 5'3"
Main Floor
Foyer
6'2" × 5'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Ceiling Fan(s), Closet Organizers, Granite Counters, Open Floorplan, Storage, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-C1
Listed Date:
Jun 05, 2024
Days on Mkt:
16
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Listed by Jayman Realty Inc.
Data was last updated September 28, 2024 at 02:05 AM (UTC)
Diane Richardson
Cell: 403-397-3706