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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6811 89 Avenue NE
Saddle Ridge Calgary T2L 4M5

$7,499,000
Residential beds: 3 baths: 2.0 1,185 sq. ft. built: 1973

Main Photo: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
Photo 1: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
Photo 2: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
Photo 3: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
Photo 4: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
Photo 5: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2161109
Bedrooms:
3
Bathrooms:
2
Year Built:
1973
!!Builders/ Investor Alert !! An Excellent opportunity to own a 3.44 Acres rectangular parcel of development land in the heart of Saddleridge NE Calgary. This land could be easily sub divided into 29 conventional lots with city approval and build more than 2500 square feet house on each lots. The most of neighboring parcel of lands are developed or under development and no more land available after this parcel of land. There is a bungalow house in good condition with double attached garage on this land and tenants are paying $2000a month . The house is sold in as in condition. This property is walking distance to YMCA, Genesis, Saddletowne LRT, Nelson Mandela School, and shopping Centre, 10 Minutes drive to airport , 20 minutes to Cross Iron Mills and downtown . Act right now to buy this land before it go.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Acreage with Residence, Bungalow
Total Living Area:
1,185 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3.44 acre(s)
Lot Frontage:
300'
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:
North
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
5
Year built:
1973 (Age: 51)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
731001
Heating:
Mid Efficiency, Forced Air
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Saddle Ridge
Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Washer/Dryer
-
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
10'1" × 10'
Main Floor
Bedroom - Primary
13'6" × 11'5"
Main Floor
Living Room
17'6" × 15'
Main Floor
Bedroom
10' × 10'
Main Floor
Dining Room
12'4" × 9'
Floor
Ensuite
Pieces
Other
Main Floor
No
3
0' x 0'
Main Floor
No
2
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Laminate Counters
Exterior Features:
Other
Patio And Porch Features:
None
Lot Features:
Few Trees, Interior Lot, Rectangular Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
S-FUD
Listed Date:
Aug 28, 2024
Days on Mkt:
  • Photo 1: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
    Photo 1 of 5
  • Photo 2: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
    Photo 2 of 5
  • Photo 3: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
    Photo 3 of 5
  • Photo 4: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
    Photo 4 of 5
  • Photo 5: 6811 89 Avenue NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2161109
    Photo 5 of 5
Listed by RE/MAX Complete Realty
Data was last updated November 11, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
107
Avg list price:
$599,900
Min list price:
$233,000
Max list price:
$7,499,000
Avg days on market:
35
Min days on market:
3
Max days on market:
219
Avg price per sq.ft.:
$399.87
These statistics are generated based on the current listing's property type and located in Saddle Ridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706