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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404 1724 26 Avenue SW
Bankview Calgary T2T 1C8

$270,000
Residential beds: 1 baths: 1.0 790 sq. ft. built: 2005

Main Photo: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 1: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 2: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 3: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 4: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 5: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 6: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 7: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 8: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 9: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 10: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 11: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 12: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 13: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 14: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 15: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 16: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 17: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 18: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 19: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 20: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 21: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 22: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Photo 23: 404 1724 26 Avenue SW in Calgary: Bankview Apartment for sale : MLS®# A2143415
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2143415
Bedrooms:
1
Bathrooms:
1
Year Built:
2005
***Exceptional 789 SqFt TOP FLOOR unit with outstanding views!!*** Located in The Pavilions...situated in the desirable inner-city neighborhood of Bankview, this spacious 1 bedroom unit is attractively appointed with hardwood and tile flooring throughout, a contemporary kitchen with tile backsplash and stainless steel appliances, corner pantry, plenty of cupboard space and a breakfast bar that comfortably seats up to 4 people! The living room/dining room combination has a surprisingly large feel to it...with plenty of inviting windows that lead to the balcony...and those amazing views! The primary bedroom is quite spacious and offers a good size walk-in closet. Notice the "spacious theme" here?? It really is accentuated due to the 8' dominant ceiling height throughout! The attractive 4 piece bathroom and insuite laundry/storage room round out this condo. Additional positive benefits offered as part of the sale price are in-floor heating and indoor secured parking stall (#404). Covered visitor parking is a definite bonus! Bankview is conveniently located between the eclectic 17th Ave and Marda Loop areas...with all the shopping, restaurants, pubs and amenities literally within walking distance. Come take a look. You'll be happy you did!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Low-Rise(1-4)
Total Living Area:
789.67 sq. ft.
Main Level Finished Area:
789.67 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$600.91
Condo Fee Includes:
Common Area Maintenance, Heat, Parking, Professional Management, Reserve Fund Contributions, Sewer, 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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Top
Entry Level:
4
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
4
Year built:
2005 (Age: 19)
Bedrooms:
1 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0511708
Heating:
In Floor, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco
Structure Type:
Low Rise (2-4 stories)
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Hardwood, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Garage Spaces:
1
Parking:
Assigned, Parkade, Secured, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Pavilions
Bankview (Calgary)
Elevator(s), Secured Parking, Visitor Parking
Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
N/A
Board Approval, Utility Right Of Way
Restrictions
Floor
Type
Size
Other
Main Floor
Living/Dining Room Combination
20'7" × 12'3"
Main Floor
Kitchen
12'4" × 12'
Main Floor
Bedroom - Primary
12'6" × 11'1"
Main Floor
Foyer
4'11" × 4'4"
Main Floor
Laundry
6'4" × 5'5"
Main Floor
Balcony
12'6" × 4'7"
Main Floor
Walk-In Closet
6'4" × 4'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'10" x 8'11"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Elevator, Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jun 24, 2024
Days on Mkt:
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Listed by RE/MAX First
Data was last updated June 29, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$397,000
Min list price:
$199,900
Max list price:
$1,895,000
Avg days on market:
13
Min days on market:
1
Max days on market:
69
Avg price per sq.ft.:
$399.34
These statistics are generated based on the current listing's property type and located in Bankview. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706