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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12 2511 38 Street NE
Rundle Calgary T1Y 4M7

$312,000
Residential beds: 2 baths: 1.0 801 sq. ft. built: 1978

Main Photo: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 1: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 2: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 3: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 4: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 5: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 6: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 7: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 8: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
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Photo 12: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
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Photo 15: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
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Photo 17: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 18: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 19: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Photo 20: 12 2511 38 Street NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2155602
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2155602
Bedrooms:
2
Bathrooms:
1
Year Built:
1978
Beautiful townhouse for sale in the convenient community of Rundle. Not even a few minute walk away from Sunridge Mall, Rundle LRT station, Max Orange Bus Stop, and many other convenient bus routes, along with grocery stores like Real Canadian Superstore, Freshco, and Costco. Peter Lougheed Hospital is also a few minutes away. Walking through the front door, there are no other doors near by and the main door faces the street. Opening the door to the first level townhouse, you witness the separate kitchen in the front with almost like new appliances. On the left is the cozy living/dining room, and door to the private yard. Walking to the right you will see the bathroom, furnace/laundry room, and the two spacious bedrooms. Privacy is a pro in this property, and the low rate and condo fee is great for first time home buyers, or property investors. This home is full of sunshine throughout the day (depends on the weather though), so you don't need to go on vacation to enjoy the sun, as the sun makes visits throughout the day. Time to make your dreams come true. Book your showing today!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
801 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$273.42
Condo Fee Includes:
Common Area Maintenance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal
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:
Floor Location:
Ground
Entry Level:
1
Levels:
One
End Unit:
End Unit
Total Rooms Above Grade:
5
Year built:
1978 (Age: 46)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
7911116
Heating:
Forced Air, Natural Gas
Basement:
Crawl Space, Partial
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
0
Parking:
Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
Laundry Room
Condo Fee Frequency:
Monthly
Rundlemere Green
Rundle
Visitor Parking
Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
None
Board Approval, None Known, Pets Allowed
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Dining Room
12'3" × 8'6"
Main Floor
Living Room
11'2" × 10'10"
Main Floor
Furnace/Utility Room
5' × 3'5"
Main Floor
Bedroom
11'5" × 8'6"
Main Floor
Kitchen
10' × 7'5"
Main Floor
Bedroom - Primary
16'3" × 10'6"
Main Floor
Laundry
6'1" × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 7'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Closet Organizers, Laminate Counters, No Animal Home, No Smoking Home, Open Floorplan, Storage
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard, City Lot, Few Trees, Front Yard, Lawn, Low Maintenance Landscape, Landscaped, Treed, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
M-C1 d100
Listed Date:
Aug 16, 2024
Days on Mkt:
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Listed by URBAN-REALTY.ca
Data was last updated September 20, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$599,000
Min list price:
$299,900
Max list price:
$1,299,900
Avg days on market:
22
Min days on market:
3
Max days on market:
65
Avg price per sq.ft.:
$526.57
These statistics are generated based on the current listing's property type and located in Rundle. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706