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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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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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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508 8505 Broadcast Avenue SW
West Springs Calgary T3H 6B5

$609,900
Residential beds: 2 baths: 2.0 1,022 sq. ft. built: 2020

Main Photo: 508 8505 Broadcast Avenue SW in Calgary: West Springs Apartment for sale : MLS®# A2143133
Photo 1: 508 8505 Broadcast Avenue SW in Calgary: West Springs Apartment for sale : MLS®# A2143133
Photo 2: 508 8505 Broadcast Avenue SW in Calgary: West Springs Apartment for sale : MLS®# A2143133
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Photo 31: 508 8505 Broadcast Avenue SW in Calgary: West Springs Apartment for sale : MLS®# A2143133
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2143133
Bedrooms:
2
Bathrooms:
2
Year Built:
2020
Discover unparalleled luxury in this 2-bedroom, 2.5-bathroom condominium located in the heart of the master-planned community of West Springs. Constructed with durable concrete, this low-maintenance condo offers an ideal living space for working professionals or retired couples. Enjoy the convenience of one underground parking space included with the unit.This prime location is situated close to all shopping amenities within a walkable community. The sunlit open floor plan is designed to maximize natural light, featuring a spacious living room with direct access to a private balcony. The modern kitchen is equipped with stainless steel appliances and a gas range. Luxurious interiors include full air conditioning, luxury vinyl plank flooring, and acoustic underlay. The primary suite boasts a 4-piece ensuite and an expansive walk-in closet. The second bedroom is generously sized, complemented by an additional 4-piece bathroom.Building amenities include an Owner's Lounge conveniently located on the same level, a heated underground parkade with electric vehicle charging stations, and an energy-efficient design with advanced mechanical and distribution systems. Additional features include bicycle storage, a lobby concierge, and ground-level restaurants, shops, and health/wellness studios.Educational excellence is ensured with the property located steps away from the Calgary French & International School and minutes from top-tier schools including Webber Academy, Rundle College, and Ernest Manning High School. Proximity to Stoney Trail offers easy weekend getaways and seamless travel.Experience the luxury and convenience of this exceptional condominium. Schedule a viewing today by contacting your favorite realtor.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
1,021.89 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$587.03
Condo Fee Includes:
Common Area Maintenance, Gas, Heat, Insurance, Parking, Reserve Fund Contributions, Snow Removal, Trash, Water
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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Other
Entry Level:
5
Stories Total:
8
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2020 (Age: 4)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1912016
Heating:
Fan Coil
New Constr.:
No
Construction Material:
Concrete, Metal Siding, Mixed
Structure Type:
High Rise (5+ stories)
Ensuite:
Yes
Flooring:
Ceramic Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
0
Garage:
0
Parking:
Parkade, Titled
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
West Springs
Parking
Dishwasher, Gas Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer
n/a
Board Approval
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Bedroom
13' × 10'1"
Main Floor
Dining Room
12'7" × 11'
Main Floor
Kitchen
18'2" × 14'2"
Main Floor
Living Room
13'1" × 12'1"
Main Floor
Bedroom - Primary
13' × 10'1"
Main Floor
Walk-In Closet
7'11" × 7'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8' x 9'8"
Main Floor
Yes
4
10'4" x 8'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Shopping Nearby
Interior Features:
Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone W
Zoning:
DC
Listed Date:
Jun 20, 2024
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by PREP Realty and Prep Ultra
Data was last updated June 29, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$849,900
Min list price:
$420,000
Max list price:
$2,599,999
Avg days on market:
23
Min days on market:
2
Max days on market:
117
Avg price per sq.ft.:
$585.32
These statistics are generated based on the current listing's property type and located in West Springs. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706