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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221 13 Street NW
Midland Drumheller T0J 0Y1

$639,900
Residential beds: 5 baths: 3.0 2,388 sq. ft. built: 2006

Main Photo: 221 13 Street NW: Drumheller Detached for sale : MLS®# A2165426
Photo 1: 221 13 Street NW: Drumheller Detached for sale : MLS®# A2165426
Photo 2: 221 13 Street NW: Drumheller Detached for sale : MLS®# A2165426
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Photo 5: 221 13 Street NW: Drumheller Detached for sale : MLS®# A2165426
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Photo 41: 221 13 Street NW: Drumheller Detached for sale : MLS®# A2165426
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Photo 43: 221 13 Street NW: Drumheller Detached for sale : MLS®# A2165426
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2165426
Bedrooms:
5
Bathrooms:
3
Year Built:
2006
This home truly has it all and has been lovingly cared for by the current home owners, located in a quiet cul de sac in Marshall Estates. With over 2300 sq feet of living space, an additional detached garage , and RV parking all sitting on over 11,000 sq foot fenced lot you will never run out of space. You'll love your new kitchen with loads of cabinetry, counter space and a generous sized pantry. The main floor laundry/mud room has ample counter space, storage and includes an additional freezer and refrigerator. With 5 spacious bedrooms and 3 bathrooms you will never have to compromise on comfort or privacy again. Great sized bonus room on the upper level that would make an excellent family room, home office or theater. This sizeable home ensures that everyone has their own personal sanctuary, making it perfect for large families or those who love to entertain. The basement is light and bright with in floor heat , 9 ft ceilings and substantially sized rooms. Looking just past your backyard you will find a well maintained green space with a playground. This property is also walking distance to one of the local schools. Just wait until spring to see this yard come alive with the countless peonies located in the backyard. This property is absolutely a rare gem to find within town limits and the possibilities are endless as to what you do with all it has to offer.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
2,387.97 sq. ft.
Main Level Finished Area:
1,870.59 sq. ft.
Upper Level Finished Area:
517.38 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,817 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
11,331 sq. ft.
Lot Frontage:
143'1"
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:
Southeast
Reg. Size:
Reg. Size Includes:
Floor Location:
Below Grade
Levels:
Two
End Unit:
No Common Walls
Total Rooms Above Grade:
7
Year built:
2006 (Age: 18)
Bedrooms:
5 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
3
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
9813172
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Linoleum
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Family Room, Gas, Living Room
Water Supply:
Public
Sewer:
Public Sewer
Garage:
1
Garage Spaces:
4
Parking:
Double Garage Attached, Double Garage Detached, Driveway, RV Access/Parking
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Main Level
Midland
Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Freezer, Garage Control(s), Microwave, Refrigerator, Washer, Window Coverings
BBQ, patio umbrella, shelves in storage room, underground sprinklers, remaining wine racks
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11' × 10'3"
Main Floor
Dining Room
13'7" × 9'10"
Main Floor
Foyer
6'1" × 5'6"
Main Floor
Kitchen
14'10" × 13'7"
Main Floor
Laundry
20'11" × 13'3"
Main Floor
Living Room
26'8" × 21'6"
Main Floor
Bedroom - Primary
17'5" × 14'11"
Main Floor
Walk-In Closet
7'2" × 7'2"
2nd Floor
Family Room
22'5" × 21'
Basement
Bedroom
12'7" × 11'9"
Basement
Bedroom
10'9" × 10'9"
Basement
Bedroom
12'11" × 12'11"
Basement
Game Room
26'5" × 25'6"
Basement
Storage
10'9" × 10'7"
Basement
Furnace/Utility Room
11'3" × 6'7"
Basement
Wine Cellar
11'9" × 8'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
7'2" x 7'1"
Main Floor
Yes
3
8'2" x 7'7"
Basement
No
4
5'9" x 10'11"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Street Lights, Walking/Bike Paths
Interior Features:
Central Vacuum, Jetted Tub, No Smoking Home, Pantry, Storage, Walk-In Closet(s)
Exterior Features:
None
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Cul-De-Sac, Front Yard, Landscaped, Street Lighting, Underground Sprinklers, Pie Shaped Lot
Num. of Parcels:
0
Outbuildings:
Shop
Fencing:
Fenced
Region:
Drumheller
Zoning:
ND
Listed Date:
Sep 13, 2024
Days on Mkt:
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Virtual Tour

Listed by Royal LePage Wildrose Real Estate-Drumheller
Data was last updated November 16, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$384,250
Min list price:
$96,900
Max list price:
$750,000
Avg days on market:
76
Min days on market:
1
Max days on market:
414
Avg price per sq.ft.:
$305.22
These statistics are generated based on the current listing's property type and located in Drumheller. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706