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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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95 Castlegreen Close NE
Castleridge Calgary T3J 1Y6

$529,000
Residential beds: 3 baths: 3.0 1,120 sq. ft. built: 1981

Main Photo: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 1: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 2: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 3: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 4: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 5: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 6: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 7: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 8: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 9: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 10: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 11: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 12: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 13: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 14: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 15: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 16: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 17: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 18: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Photo 19: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2160340
Bedrooms:
3
Bathrooms:
3
Year Built:
1981
Welcome to 95 Castlegreen Close NE, a delightful family home nestled in the heart of Castleridge, Calgary. This well-maintained property offers a perfect blend of comfort, convenience, and style. Key Features: Location: Ideally situated in the quiet and family-friendly community of Castleridge, this home provides easy access to schools, parks, shopping centers, and public transportation. Spacious Interior: Step into a warm and inviting living space with ample room for the whole family. The open-concept layout enhances the flow between the living room, dining area, and kitchen. Kitchen Delight: The modern kitchen is equipped with stainless steel appliances and plenty of counter space,.. It's a chef's haven and a perfect spot for family gatherings. Bedrooms and Bathrooms: This home features 3 bedrooms. The bedrooms are well-appointed with large windows, providing plenty of natural light. Outdoor Oasis: Enjoy the sunny Alberta days in the private backyard oasis. The spacious backyard is perfect for summer barbecues and entertaining guests. Finished Basement illegal suite: The fully finished basement adds value to the house. Separate Entrance. Close to shopping, schools, and transportation. Don't miss this rare opportunity to own this beautiful home. Call to View!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
1,120.11 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,003 sq. ft.
Lot Frontage:
29'11⅞"
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:
Levels:
Two
Total Rooms Above Grade:
5
Year built:
1981 (Age: 43)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
8111020
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Finished, None, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street
Parking Places:
0.0
Parking Total/Covered:
0 / -
Laundry Features:
In Basement
Castleridge
Dishwasher, Range, Range Hood, Refrigerator
n/a
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
11'5" × 11'1"
Main Floor
Living Room
19'5" × 17'
2nd Floor
Bedroom
11'11" × 8'2"
2nd Floor
Bedroom
8'6" × 8'4"
2nd Floor
Bedroom - Primary
14'8" × 13'
Basement
Kitchen
12'3" × 7'4"
Basement
Office
9'3" × 8'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'6" x 5'1"
2nd Floor
No
4
4'11" x 8'2"
Basement
No
4
8'8" x 6'2"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
No Smoking Home
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Lane
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-C2
Listed Date:
Aug 24, 2024
Days on Mkt:
  • Photo 1: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
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  • Photo 19: 95 Castlegreen Close NE in Calgary: Castleridge Detached for sale : MLS®# A2160340
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Listed by RE/MAX Complete Realty
Data was last updated September 20, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$599,000
Min list price:
$449,000
Max list price:
$1,099,999
Avg days on market:
29
Min days on market:
6
Max days on market:
50
Avg price per sq.ft.:
$476.65
These statistics are generated based on the current listing's property type and located in Castleridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706