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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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NEXT Open House details
Sep 22, 2024 01:00 PM - 03:00 PM MDT

64 Santana Hill NW
Sandstone Valley Calgary T3K 3L9

$719,900
Residential beds: 4 baths: 4.0 2,026 sq. ft. built: 1988

Front Exterior
Photo 1: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 2: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 3: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 4: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 5: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 6: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 7: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 8: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 9: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 10: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 11: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 12: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 13: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 14: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 15: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 16: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 17: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 18: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 19: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 20: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 21: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 22: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 23: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 24: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 25: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 26: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 27: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 28: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 29: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 30: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 31: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 32: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 33: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Photo 34: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
Open House - Sep 22, 2024
01:00 PM - 03:00 PM MDT
NOTES: Open House on Sunday, September 22, 2024 1:00PM - 3:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2163144
Bedrooms:
4
Bathrooms:
4
Year Built:
1988
Discover a *super rare* opportunity to own a beautiful home in the sought-after Santana Estates, perfectly located across from a scenic park with a tot lot. With nearly 2,800 sqft of thoughtfully developed living space, this home has it all. As you step inside, you’ll be greeted by a stunning family room with soaring high ceilings, creating a dramatic and inviting atmosphere. The gleaming hardwood floors lead you through the main floor, where a formal dining room awaits for hosting special dinners. The heart of the home is the centrally located kitchen, ideal for preparing meals while staying connected with your family. Whether the kids are working on crafts in the cozy breakfast nook or enjoying a movie in the living room with a warm fire on cool nights, this home offers a seamless blend of comfort and functionality. The main floor also features a convenient laundry room with ample overhead storage and a stylish 2-piece bath. Upstairs, you’ll find spacious bedrooms, each larger than average. The vaulted primary retreat is a true haven, complete with his and hers closets, and a luxurious 4-piece ensuite featuring a soaker tub and tiled shower—a perfect escape after a long day. The fully finished lower level is a fantastic space for entertaining or unwinding. Whether you’re looking for a home theatre, game room, or space for a pool table, the options are endless. A fourth bedroom and full bathroom add even more flexibility, while storage is never an issue with the ample space throughout the home. Step outside to the west-facing backyard, offering unmatched privacy for relaxing or hosting summer barbecues. With its prime location, you’re close to parks, schools, and just a 2-minute walk to transit. Plus, with easy access to major roadways and only 11 minutes to the airport, commuting is a breeze. This is your chance to be part of a quiet, family-friendly community where homes are rarely available. Come and experience why families love this hidden gem—schedule your viewing today!
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:
2,025.7 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,489 sq. ft.
Lot Frontage:
49'10½"
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:
East
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
7
Year built:
1988 (Age: 36)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
8511177;8;2
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Brass, Family Room, Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
Main Level
Sandstone Valley
Dishwasher, Garburator, Gas Range, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Entrance
7'9" × 5'4"
Main Floor
Living Room
16'4" × 11'11"
Main Floor
Dining Room
12'2" × 12'
Main Floor
Mud Room
9'7" × 5'11"
Main Floor
Family Room
15'9" × 12'3"
Main Floor
Kitchen
11'2" × 10'9"
Main Floor
Nook
12' × 8'4"
2nd Floor
Bedroom
10'6" × 9'7"
2nd Floor
Bedroom
11'5" × 9'11"
2nd Floor
Bedroom - Primary
13'11" × 13'10"
2nd Floor
Walk-In Closet
6'6" × 5'2"
Basement
Furnace/Utility Room
14'10" × 12'3"
Basement
Storage
16'5" × 5'7"
Basement
Bedroom
12'6" × 11'5"
Basement
Game Room
21'3" × 11'10"
Basement
Den
10'10" × 6'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 6'
2nd Floor
No
4
5' x 8'10"
2nd Floor
Yes
4
7' x 13'4"
Basement
No
3
9'7" x 10'9"
Title to Land:
Fee Simple
Community Features:
Airport/Runway, Golf, Park, Playground, Schools Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Built-in Features, Central Vacuum
Exterior Features:
None
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Yard, Front Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-C1
Listed Date:
Sep 09, 2024
Days on Mkt:
  • Photo 1: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Front Exterior
  • Photo 2: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Exterior
  • Photo 3: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Front Door
  • Photo 4: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Livingroom
  • Photo 5: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Livingroom
  • Photo 6: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Livingroom
  • Photo 7: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Dining
  • Photo 8: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Dining Unfurnished
  • Photo 9: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Kitchen
  • Photo 10: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Kitchen
  • Photo 11: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Kitchen
  • Photo 12: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Nook
  • Photo 13: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Family Room
  • Photo 14: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Family Room
  • Photo 15: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Family Room
  • Photo 16: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Powder Room
  • Photo 17: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Powder Room
  • Photo 18: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Mud/Laundry Room
  • Photo 19: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Primary Bedroom
  • Photo 20: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Walk in Closet
  • Photo 21: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Ensuite
  • Photo 22: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Ensuite
  • Photo 23: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Bedroom 1
  • Photo 24: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Bedroom 2
  • Photo 25: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Main Bathroom
  • Photo 26: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Rec Room
  • Photo 27: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Other
  • Photo 28: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Basement Bathroom
  • Photo 29: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Den
  • Photo 30: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Deck
  • Photo 31: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Deck
  • Photo 32: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Backyard
  • Photo 33: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Back exterior
  • Photo 34: 64 Santana Hill NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2163144
    Backyard
Listed by Real Broker
Data was last updated September 22, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$688,000
Min list price:
$460,000
Max list price:
$839,900
Avg days on market:
30
Min days on market:
2
Max days on market:
58
Avg price per sq.ft.:
$385.78
These statistics are generated based on the current listing's property type and located in Sandstone Valley. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706