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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When contacting me, please ensure to include the property address or MLS® number for the listing you are interested in. I look forward to hearing from you!

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15 Keown Close
NONE Olds T4H 0E7

$899,900
Residential beds: 6 baths: 4.0 2,607 sq. ft. built: 2015

Main Photo: 15 Keown Close: Olds Detached for sale : MLS®# A2142080
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2142080
Bedrooms:
6
Bathrooms:
4
Year Built:
2015
Welcome to your dream home! This beautiful 2-story residence is perfectly situated in a tranquil cul-de-sac, offering privacy and peace for you and your family. With 6 spacious bedrooms, a fully finished basement, and a large, fully landscaped yard, this property has everything you need and more. When you first enter the home you will notice the spacious living space with a cozy fireplace perfect for relaxing with the family. The kitchen features a large island perfect for entertaining or meal prepping. Upstairs you will find 4 bedrooms including the spacious master bedroom with a stunning 5 piece ensuite. There is also a bonus space for kids to hang out and enjoy. The fully finished basement includes a full kitchen and living area along with two bedrooms perfect for guests or multi-generational living. The yard is fully fenced for maximum privacy and the covered deck is perfect for those outside BBQ's. Don’t miss this opportunity to own a home that offers space, comfort, and convenience in a highly desirable location. Contact us today to schedule a private showing and make this house your new home!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
2,606.76 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
10,642 sq. ft.
Lot Frontage:
35'
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:
9
Year built:
2015 (Age: 9)
Bedrooms:
6 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1413182
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Laundry Room
NONE
Central Air Conditioner, Dishwasher, Gas Cooktop, Microwave, Microwave Hood Fan, Refrigerator, Stove(s), Window Coverings
Security system, Storage shed
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Dining Room
12' × 10'
Main Floor
Foyer
11'2" × 4'9"
Main Floor
Kitchen
17'7" × 12'
Main Floor
Living Room
29'3" × 21'
2nd Floor
Bedroom
12'4" × 10'
2nd Floor
Bedroom
12'4" × 10'
2nd Floor
Family Room
20'6" × 12'5"
2nd Floor
Bedroom - Primary
20'9" × 12'
2nd Floor
Walk-In Closet
8'8" × 8'7"
2nd Floor
Bedroom
12'4" × 10'
Basement
Bedroom
11'8" × 11'5"
Basement
Bedroom
11'6" × 10'11"
Basement
Den
10'2" × 9'3"
Basement
Kitchen
15'7" × 8'3"
Basement
Game Room
19'11" × 15'5"
Basement
Furnace/Utility Room
11'9" × 6'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
No
5
2nd Floor
Yes
5
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Park, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
Private Yard
Patio And Porch Features:
Deck, Other
Lot Features:
Irregular Lot, Landscaped
Num. of Parcels:
0
Fencing:
Fenced
Region:
Mountain View County
Zoning:
R1
Listed Date:
Jun 24, 2024
Days on Mkt:
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Listed by Century 21 Bravo Realty
Data was last updated June 30, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$549,900
Min list price:
$204,777
Max list price:
$1,599,000
Avg days on market:
33
Min days on market:
1
Max days on market:
254
Avg price per sq.ft.:
$351.06
These statistics are generated based on the current listing's property type and located in Olds. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706