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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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104 Legacy View SE
Legacy Calgary T2X 2C3

$565,000
Residential beds: 3 baths: 3.0 1,492 sq. ft. built: 2015

Main Photo: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 1: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 2: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 3: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 4: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 5: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 6: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 7: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 8: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 9: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 10: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 11: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 12: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 13: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 14: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 15: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 16: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 17: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
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Photo 19: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
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Photo 21: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 22: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 23: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 24: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 25: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 26: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 27: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 28: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 29: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 30: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 31: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Photo 32: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2139702
Bedrooms:
3
Bathrooms:
3
Year Built:
2015
Welcome to 104 Legacy View, a beautiful home in the sought after community of Legacy in southeast Calgary. This home is within walking distance to shops, stores, restaurants and cafes, and it is close proximity to schools and daycares. With easy access to both Stoney Trail and 2A (Macleod Trail) the commute will be a breeze! This inviting home welcomes you with a west facing front porch opening into the front foyer, a large family room off the entrance leads to an eat in kitchen with granite countertops, stainless steel appliances, pantry closet, and a gas range for the chef! Watch the kids from the kitchen window which overlooks a low maintenance back yard. The main floor is complete with a 2 piece bathroom near the back door. Walk out to your private oasis, where you can sit back and enjoy the wood deck with gas BBQ (hookup). A stone patio leads to numerous planter boxes, some with mature raspberry bushes and the insulated double garage with gas line. Upstairs you’ll find a large primary bedroom with a walk-in closet and a 3 piece ensuite, 2 more good sized bedrooms, a 4 piece bathroom, and stacked washer & dryer in the laundry room! The unfinished basement awaits your design ideas with a bathroom rough-in. Oversized hot water tank provides plenty of water for bath time, and central vacuum system make cleaning a breeze. This well cared for home is waiting for a new family to enjoy! A $60.00 annual Legacy Residents Association Fee provides for community maintenance including the skating rink, fountains, gardens, Christmas lights, and the annual Stampede Breakfast!
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey, Side by Side
Total Living Area:
1,491.63 sq. ft.
Main Level Finished Area:
733.62 sq. ft.
Upper Level Finished Area:
758.01 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
637.66 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
2,615 sq. ft.
Lot Frontage:
24'¼"
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:
Below Grade
Entry Level:
1
Levels:
Two
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
2015 (Age: 9)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
1511523
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Cement Fiber Board, Stone, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Upper Level
HOA Fee:
$60.00
Legacy
Other
Dishwasher, Garage Control(s), Gas Range, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked
N/A
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
13'1" × 10'11"
Main Floor
Dining Room
11'11" × 9'8"
Main Floor
Living Room
13'5" × 12'8"
Upper Level
Bedroom - Primary
13'1" × 11'11"
Upper Level
Bedroom
10'1" × 9'8"
Upper Level
Bedroom
10'11" × 8'11"
Upper Level
Laundry
6'10" × 3'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'10" x 4'11"
Upper Level
Yes
3
6'5" x 7'10"
Upper Level
No
4
4'11" x 9'8"
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby
Interior Features:
Central Vacuum, Granite Counters, Kitchen Island
Exterior Features:
Private Yard
Patio And Porch Features:
Deck
Lot Features:
Back Lane, City Lot, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-2M
Listed Date:
Jun 20, 2024
Days on Mkt:
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  • Photo 23: 104 Legacy View SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2139702
    primary bed room
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Listed by Engel & Völkers Calgary
Data was last updated June 29, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$656,141
Min list price:
$260,000
Max list price:
$1,150,000
Avg days on market:
16
Min days on market:
1
Max days on market:
149
Avg price per sq.ft.:
$387.01
These statistics are generated based on the current listing's property type and located in Legacy. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706