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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310 15204 Bannister Road SE
Midnapore Calgary T2X 3T4

$279,900
Residential beds: 1 baths: 1.0 949 sq. ft. built: 2002

Amazing 868 sq ft 1 bedroom + den penthouse + titled parking for under $300k
Photo 1: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 2: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 3: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 4: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 5: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 6: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 7: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 8: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 9: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 10: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 11: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 12: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 13: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 14: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 15: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 16: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 17: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 18: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 19: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Photo 20: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2173271
Bedrooms:
1
Bathrooms:
1
Year Built:
2002
This spacious 948 sq ft penthouse loft in the heart of Midnapore is an amazing place to call home! With soaring 18-foot vaulted ceilings and large windows, abundant natural light creates a serene and welcoming living space. The main floor features a lovely central kitchen with all newer stainless steel appliances, a pantry, and raised breakfast bar. Relax in the living room by the cozy gas fireplace or step out onto the west-facing balcony, complete with gas hookup, to enjoy the sunset. Off the central great room is the large master bedroom, a 4-piece bathroom, a massive 13'11" x 8'3" den/flex room (currently used as a storage room), and a laundry area with custom shelving. The upper-level loft area, overlooking the living area, is pure bonus space and perfect for a home office, TV room, or guest suite. Newer carpets throughout (replaced in 2022). Included is a titled underground parking spot in the secure parkade. *As a Midnapore resident you can enjoy exclusive lake access and all other community amenities*. Monthly condo fees of $657 include heat, water, sewer. Annual Midnapore HOA fees are conveniently included in your condo fees. With easy access to public transit, shopping, dining, schools, and gorgeous Fish Creek Park, this chic penthouse is a winner!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Multi Level Unit
Total Living Area:
948.65 sq. ft.
Main Level Finished Area:
748.17 sq. ft.
Upper Level Finished Area:
200.48 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$656.98
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Water
HOA Fee Frequency:
Annually
HOA Fee Includes:
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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Floor Location:
Top
Entry Level:
3
Stories Total:
4
Levels:
Multi Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2002 (Age: 22)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0210827
Heating:
In Floor
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Carpet, Laminate, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas, Great Room
Garage:
0
Garage Spaces:
1
Parking:
Parkade, Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
HOA Fee:
$1.00
Condo Fee Frequency:
Monthly
Z-name Not Listed
Midnapore
Elevator(s)
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Storage shelf in laundry closet, shoe storage unit at front entrance
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
15'8" × 11'4"
Main Floor
Dining Room
14'6" × 7'7"
Main Floor
Living Room
11'3" × 9'
Main Floor
Den
13'11" × 8'3"
Main Floor
Storage
6'3" × 3'
2nd Floor
Loft
14'7" × 12'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 7'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Chandelier, High Ceilings, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Vaulted Ceiling(s)
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone S
Zoning:
DC
Listed Date:
Oct 22, 2024
Days on Mkt:
  • Photo 1: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Amazing 868 sq ft 1 bedroom + den penthouse + titled parking for under $300k
  • Photo 2: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    West facing top floor unit is located near everything you need.
  • Photo 3: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Excellent main floor layout + 200 sq ft of bonus upper level loft space.
  • Photo 4: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Lovely central kitchen with all newer stainless steel appliances & pantry
  • Photo 5: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Lots of counter space on the raised breakfast bar
  • Photo 6: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Gorgeous great room flooded with natural light and corner gas fireplace.
  • Photo 7: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Photo 7 of 20
  • Photo 8: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    West facing balcony with gas hookup (nice views on sunny days)
  • Photo 9: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Master bedroom with elegant chandelier.
  • Photo 10: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Photo 10 of 20
  • Photo 11: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    4 piece bathroom
  • Photo 12: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Laundry area with built in shelves.
  • Photo 13: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Flex room/den - currently used as storage.
  • Photo 14: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Gorgeous upper loft area provides many options.
  • Photo 15: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    A TV area, home gym, office space or extra bedroom.
  • Photo 16: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    New carpet in 2022
  • Photo 17: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Clean, bright, well-managed building. No short term rentals (Air BnB) allowed.
  • Photo 18: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Titled underground parking stall - #5
  • Photo 19: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Located near public transit, shopping, restaurants, schools and Fish Creek Park. No dogs allowed, but cats ok.
  • Photo 20: 310 15204 Bannister Road SE in Calgary: Midnapore Apartment for sale : MLS®# A2173271
    Exclusive lake access at nearby Midnapore Lake! Condo fees include water, sewer, heat & HOA fees for the lake.
Listed by RE/MAX Real Estate (Central)
Data was last updated November 13, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$531,250
Min list price:
$243,800
Max list price:
$799,900
Avg days on market:
17
Min days on market:
5
Max days on market:
104
Avg price per sq.ft.:
$471.63
These statistics are generated based on the current listing's property type and located in Midnapore. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706