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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2520 16 Street SW
Bankview Calgary T2T 4E9

$964,900
Residential beds: 4 baths: 5.0 1,950 sq. ft. built: 2024

Main Photo: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 1: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 2: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 3: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 4: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 5: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 6: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 7: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 8: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 9: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 10: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 11: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 12: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 13: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 14: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 15: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Photo 16: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2130663
Bedrooms:
4
Bathrooms:
5
Year Built:
2024
** YOUR BRAND NEW DREAM HOME ** Stunning 3 Storey home with VIEWS OF DOWNTOWN in very desirable Bankview! Amazing features include: over 2150 sq feet of development, chef's kitchen with 12' quartz island, towering 10 foot ceilings on main floor / 9 foot ceilings on upper/3rd floors & basement, amazing 3rd floor primary suite with 5-piece en suite bath including roughed-in steam shower/walk-in closet/heated tile floors & private owners balcony, 4 total bedrooms, 4.5 total bathrooms, large deck from 2nd level, upper laundry room, engineered hardwood/tile/carpet flooring, custom built-ins in EVERY closet, large dining room with customizable feature wall, roughed-in A/C, double insulated/drywalled attached garage & much more! Location is amazing - super quiet/tree lined street, all schools close by, only 4 min to downtown & easy access to all amenities! It also comes with bumper to bumper warranty (1, 2, 5, 10) & all landscaping - sidewalks/deck/fences & gates/rundle rock & sod! Possession approximately December 20, 2024. Please note - pictures are of previous builds.
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 Storey, Side by Side
Total Living Area:
1,950 sq. ft.
Main Level Finished Area:
670 sq. ft.
Upper Level Finished Area:
1,225 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
271 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
1,337 sq. ft.
Lot Frontage:
25'
Lot Details:
25 x 53.5
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:
Below Grade
Entry Level:
1
Levels:
Three Or More
End Unit:
1 Common Wall
Total Rooms Above Grade:
9
Year built:
2024 (Age: 0)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
TBD
Heating:
Forced Air, Natural Gas
Basement:
Finished, Partial
Foundation:
Poured Concrete
Builder:
Abstract Developments Ltd.
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Concrete, Stone, Stucco, Wood Frame
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Rough-In
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached, Driveway, Insulated, See Remarks
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Laundry Room, Upper Level
Bankview (Calgary)
See Remarks
N/A
Call Lister
Floor
Type
Size
Other
Main Floor
Dining Room
10'8" × 9'8"
Main Floor
Den
9'4" × 8'1"
Main Floor
Kitchen
13' × 10'8"
Main Floor
Living Room
13'10" × 11'
Upper Level
Bedroom
11'4" × 10'9"
Upper Level
Bedroom
11'4" × 9'3"
Upper Level
Bedroom
9'6" × 9'1"
Upper Level
Laundry
5'6" × 5'3"
3rd Floor
Bedroom - Primary
13'9" × 12'5"
3rd Floor
Bonus Room
12'7" × 10'7"
Basement
Game Room
17'5" × 12'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5' x 5'7"
Upper Level
Yes
4
5' x 8'1"
Upper Level
No
4
8'2" x 5'10"
3rd Floor
Yes
5
6'3" x 13'6"
Basement
No
4
8'1" x 5'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Built-in Features, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Quartz Counters, See Remarks, Skylight(s), Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Exterior Features:
Balcony, Rain Gutters
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Back Yard, Landscaped, Street Lighting, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
May 09, 2024
Days on Mkt:
  • Photo 1: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
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  • Photo 16: 2520 16 Street SW in Calgary: Bankview Semi Detached (Half Duplex) for sale : MLS®# A2130663
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Listed by RE/MAX Landan Real Estate
Data was last updated November 10, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$436,950
Min list price:
$190,000
Max list price:
$2,378,000
Avg days on market:
38
Min days on market:
3
Max days on market:
195
Avg price per sq.ft.:
$414.63
These statistics are generated based on the current listing's property type and located in Bankview. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706