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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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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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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401 10 Auburn Bay Link SE
Auburn Bay Calgary T3M 1Y8

$402,000
Residential beds: 2 baths: 2.0 945 sq. ft. built: 2014

Main Photo: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 1: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 2: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 3: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 4: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 5: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 6: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
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Photo 22: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 23: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 24: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 25: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 26: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
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Photo 29: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Photo 30: 401 10 Auburn Bay Link SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2174801
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2174801
Bedrooms:
2
Bathrooms:
2
Year Built:
2014
TWO BEDROOM TWO BATHROOM plus DEN. Top floor unit in a popular Auburn Bay complex. Modern, functional kitchen. Open layout with lots of natural light. Good sized bedrooms. Large den which can be easily used as a third bedroom, office or even gym. Cozy balcony with gas line big enough for patio furniture. Heated underground parking, storage locker and unbeatable location makes this unit the best choice. Don't miss it!
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:
945 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$564.49
Condo Fee Includes:
Amenities of HOA/Condo, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Trash, Water
HOA Fee Frequency:
Annually
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:
East
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East
Floor Location:
Top
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
2+ Common Walls, No One Above
Total Rooms Above Grade:
6
Year built:
2014 (Age: 10)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
1410065
Heating:
Baseboard, Natural Gas
New Constr.:
No
Construction Material:
Composite Siding, Concrete, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt/Gravel
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
0
Parking:
Assigned, Heated Garage, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
HOA Fee:
$493.85
Condo Fee Frequency:
Monthly
Stonecroft at Auburn Bay
Auburn Bay
Elevator(s), Parking, Secured Parking, Storage, Trash, Visitor Parking
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
n/a
None Known
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Bedroom
14' × 8'7"
Main Floor
Bedroom - Primary
13'8" × 9'11"
Main Floor
Den
8'11" × 7'10"
Main Floor
Dining Room
11'6" × 8'11"
Main Floor
Kitchen
10'11" × 7'11"
Main Floor
Living Room
18'2" × 10'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 8'6"
Main Floor
Yes
4
8'3" x 7'4"
Title to Land:
Fee Simple
Community Features:
Fishing, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
Interior Features:
Elevator, No Animal Home, No Smoking Home, Quartz Counters
Exterior Features:
Balcony, BBQ gas line
Patio And Porch Features:
None
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone SE
Zoning:
M-2
Listed Date:
Oct 24, 2024
Days on Mkt:
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Listed by CIR Realty
Data was last updated November 13, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$522,500
Min list price:
$264,900
Max list price:
$1,249,900
Avg days on market:
33
Min days on market:
5
Max days on market:
96
Avg price per sq.ft.:
$422.45
These statistics are generated based on the current listing's property type and located in Auburn Bay. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706