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Dial 403.397.3706 for Diane Richardson

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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308 2218 30 Street SW
Killarney/Glengarry Calgary T3E 2L8

$269,900
Residential beds: 2 baths: 1.0 865 sq. ft. built: 1982

Main Photo: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 1: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 2: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 3: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 4: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 5: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 6: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 7: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
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Photo 10: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
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Photo 25: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
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Photo 38: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Photo 39: 308 2218 30 Street SW in Calgary: Killarney/Glengarry Apartment for sale : MLS®# A2161399
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2161399
Bedrooms:
2
Bathrooms:
1
Year Built:
1982
Come take look at this prime top-floor 2 bedroom corner suite with a LOFT and flooded with natural light coming from 2 skylights. Throughout the main living areas you will find elegant hardwood floors and in the kitchen, new appliances, including a high-end electric dual oven stove with WIFI capability. The adjacent storage/ pantry also has a new in-suite washer and dryer . Everything about this home speaks attention to detail. You'll love the living room's vaulted ceilings corner and wood burning fire place which is perfect for curling up with a book on winter nights or enjoying the morning sunshine as it comes in the east facing vinyl windows. The 2 bedrooms are both a good size with ample closet space and the bathroom has a jetted tub with a granite banjo countertop. The loft is a big bonus for an excellent hobby or office /study space. With assigned heated and secured underground parking, a small storage space, site access to a community garden and a green space with a barbecue and a picnic table, this complex has so many extras. Killarney Courts welcomes Pets with board approval. This home is in an excellent location close to restaurants, cafes, and shopping centers and easy access to downtown. Don't delay call for your private viewing today.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
865 sq. ft.
Main Level Finished Area:
865 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$664.00
Condo Fee Includes:
Heat, Insurance, Parking, Professional Management, Sewer, Snow Removal, 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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Other
Entry Level:
3
Stories Total:
3
Levels:
Multi Level Unit
End Unit:
End Unit, No One Above
Total Rooms Above Grade:
5
Year built:
1982 (Age: 42)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
8310473
Heating:
Baseboard
New Constr.:
No
Construction Material:
Wood Frame, Wood Siding
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Tile, Wood Burning
Garage:
0
Parking:
Assigned, Parkade, Secured, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Killarney Courts
Killarney/Glengarry
Parking
Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
TV/Bracket in bedroom
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Bedroom
9'10" × 8'10"
Main Floor
Kitchen
10'7" × 8'
Main Floor
Laundry
7'2" × 5'2"
Main Floor
Living Room
23'4" × 10'
Main Floor
Bedroom - Primary
12'7" × 11'9"
2nd Floor
Loft
13'6" × 9'10"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'1"
Title to Land:
Fee Simple
Community Features:
Park, Pool, Schools Nearby, Shopping Nearby
Interior Features:
Ceiling Fan(s), Granite Counters, High Ceilings, Laminate Counters, Skylight(s), Storage, Vinyl Windows
Exterior Features:
None
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Aug 30, 2024
Days on Mkt:
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Listed by RE/MAX House of Real Estate
Data was last updated November 12, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$874,900
Min list price:
$225,000
Max list price:
$1,759,000
Avg days on market:
35
Min days on market:
3
Max days on market:
144
Avg price per sq.ft.:
$468.21
These statistics are generated based on the current listing's property type and located in Killarney/Glengarry. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706