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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63 Margate Place NE
Marlborough Calgary T2A 3E4

$649,999
Residential beds: 3 baths: 3.0 1,450 sq. ft. built: 1971

Main Photo: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 1: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 2: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 3: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 4: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 5: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 6: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 7: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 8: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 9: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 10: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 11: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 12: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 13: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 14: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 15: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 16: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 17: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 18: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 19: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 20: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 21: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 22: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 23: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 24: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 25: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 26: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 27: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 28: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 29: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Photo 30: 63 Margate Place NE in Calgary: Marlborough Detached for sale : MLS®# A2162498
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2162498
Bedrooms:
3
Bathrooms:
3
Year Built:
1971
Prime Location!! Beautifully renovated bungalow in a cul-de-sac yet steps away from near by Marlborough Mall, Pacific Place plaza, T&T grocery, C-train and easy highway access. This charming home in Marlborough NE boasting modern interior design with a brand NEW ROOF & Hot water tank, double garage and backs onto green space. Detailed accent walls, pot lights, elegant fixtures, vinyl planks throughout with upgraded kitchen, quartz countertops and stainless steel appliances. The gem of this home lies a secondary family room with high ceiling, hardwood walls, creating a warm ambiance perfect to enjoy a cozy evening by the fireplace. The master bedroom contains an ensuite bathroom, and 2 other good size bedroom with a contemporary standing shower and living room with large windows completes the main floor. Beneath, where the basement has been transformed into a versatile Rec room. Whether you envision a game night with your friends, a home gym to stay active, or a playroom for the kids, the possibilities are endless, plus extra storage room/den and 3 piece bathroom. Located in a prime neighbourhood, this home offers the best of both worlds - modern luxury and ultimate convenience. Schedule your showing today. A MUST SEE!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,450 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,652 sq. ft.
Lot Frontage:
35'½"
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:
South
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
7
Year built:
1971 (Age: 53)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
312LK
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Marlborough
Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
11'6" × 9'
Main Floor
Dining Room
13' × 7'4"
Main Floor
Living Room
15'9" × 12'5"
Main Floor
Family Room
16'3" × 13'4"
Main Floor
Bedroom - Primary
13'6" × 10'4"
Main Floor
Bedroom
9'9" × 9'
Main Floor
Bedroom
12'6" × 10'
Basement
Den
10'7" × 7'5"
Basement
Game Room
23'9" × 20'6"
Basement
Furnace/Utility Room
18' × 12'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
5' x 9'
Main Floor
No
4
4'11" x 7'9"
Basement
No
3
5'10" x 7'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Double Vanity, Quartz Counters
Exterior Features:
Private Yard
Patio And Porch Features:
Patio
Lot Features:
Backs on to Park/Green Space, Cul-De-Sac
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-C1
Listed Date:
Sep 06, 2024
Days on Mkt:
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Listed by CIR Realty
Data was last updated September 20, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$559,900
Min list price:
$299,900
Max list price:
$679,000
Avg days on market:
17
Min days on market:
1
Max days on market:
66
Avg price per sq.ft.:
$529.58
These statistics are generated based on the current listing's property type and located in Marlborough. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706