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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29116 Range Road 50
NONE Rural Mountain View County T0M 2E0

$3,350,000
Residential beds: 5 baths: 5.0 5,541 sq. ft. built: 1984

Main Photo: 29116 Range Road 50: Rural Mountain View County Detached for sale : MLS®# A2124056
Photo 1: 29116 Range Road 50: Rural Mountain View County Detached for sale : MLS®# A2124056
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Photo 49: 29116 Range Road 50: Rural Mountain View County Detached for sale : MLS®# A2124056
Photo 50: 29116 Range Road 50: Rural Mountain View County Detached for sale : MLS®# A2124056
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2124056
Bedrooms:
5
Bathrooms:
5
Year Built:
1984
FULL QUARTER SECTION WHERE THE PRAIRIE MEETS THE MOUNTAINS || Discover a fully renovated jewel with spectacular mountain views just minutes South of Water Valley. Designed by renowned log home pioneer Allan Mackie this timeless gem offers space, luxury & enduring value. From the sweeping curved staircase to the floor to ceiling stone fireplace, this elegant home offers provides a show stopping first impression. The massive master bedroom has incredible views with patio doors leading to the large deck that spans the rear of the home. An adjoining ensuite with large walk-in closet, heated tile floors, sprawling double vanity, soaking tub & steam shower offers you a serene spa experience as part of daily living in this special home. The well appointed kitchen is the heart of the home with a wood stove, massive island with prep sink, 6 burner gas range with griddle, double ovens & a fabulous mountain view that will take your breath away. Around the corner is a prepper’s dream pantry with massive fridge/ freezer and great walk-in storage. The laundry room doubles as mom’s command post with loads of cabinetry & counter space and a work station for keeping your family organized. The upper level is loaded with charm, featuring a great family room with wall mounted TV, a second master bedroom suite and 3 additional bedrooms which are served by a large main bathroom with separate water closet & bath/shower room so that all the kids can all get ready at the same time! A central library has open shelves & bench seating, perfect for games, homework or crafts. Below one of the gables you will discover a cozy nook, perfect for meditation or music. The lower level is luxuriously designed for both relaxation and entertainment. A stunning wine wall, featuring custom shelving mounted on back-lit wood slabs, offers an exquisite showcase for your collection. Adjacent, you'll find a fantastic gym complemented by a lounge area. This space is ideal for your morning exercise routine, unwinding with a cup of coffee, or staying informed with the morning news on two wall-mounted TVs. Complete with a wet bar and beverage fridge, it's a perfect retreat for indulgence and leisure. Continuing down the hallway, you'll find the most adorable guest space featuring a bunkroom equipped with four beds. This clever and snug room is perfect for creating cherished memories for the kids. Just a few steps away lies the theater, complete with surround sound speakers, large movie screen, and a rear projector. Completing the family area is a games room, ideal for hosting your projects or poker nights, while at the hallway's end awaits a fully self-contained mother-in-law suite, boasting its own full bathroom, kitchen, laundry area, bedroom and private entrance. Heated triple attached garage plus a 50'x60' ag building/ shop with 3 offices, boardroom & full bathroom. With stunning scenery, abundant wildlife and aprox. 60 acres of productive crop, you can truly have it all with this special property.
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, Acreage with Residence
Total Living Area:
5,540.64 sq. ft.
Main Level Finished Area:
3,413.25 sq. ft.
Upper Level Finished Area:
2,127.39 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
3,060.31 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
160 acre(s)
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:
12
Year built:
1984 (Age: 40)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
5.0 (Full:3, Half:2)
Heating:
Forced Air
Basement:
Full, Partially Finished
Foundation:
Block
New Constr.:
No
Construction Material:
Log
Structure Type:
House
Roof:
Metal
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
2
Fireplace Details:
Stone, Wood Burning
Water Supply:
Well
Sewer:
Septic Field, Septic Tank
Garage:
1
Garage Spaces:
3
Parking:
See Remarks, Triple Garage Attached
Parking Places:
10.0
Parking Total/Covered:
10 / -
Laundry Features:
Main Level
NONE
Bar Fridge, Dishwasher, Double Oven, Freezer, Gas Stove, Range Hood, Refrigerator, Window Coverings, Wine Refrigerator
n/a
Underground Utility Right of Way
Floor
Type
Size
Other
Main Floor
Entrance
14'4" × 5'9"
Main Floor
Foyer
19' × 14'10"
Main Floor
Living Room
26'2" × 18'3"
Main Floor
Dining Room
17'9" × 13'6"
Main Floor
Breakfast Nook
18'1" × 11'9"
Main Floor
Eat in Kitchen
18'1" × 14'
Main Floor
Pantry
20'4" × 6'1"
Main Floor
Mud Room
18' × 6'1"
Main Floor
Laundry
13' × 10'8"
Main Floor
Workshop
60' × 50'
2nd Floor
Bedroom
17'1" × 14'
2nd Floor
Bedroom
14'10" × 11'2"
2nd Floor
Bedroom
13'2" × 11'6"
2nd Floor
Bedroom
17'2" × 11'10"
2nd Floor
Bonus Room
23'7" × 17'6"
2nd Floor
Loft
13'2" × 12'6"
2nd Floor
Library
20'10" × 15'
Basement
Wine Cellar
13'1" × 2'1"
Basement
Other
15'5" × 13'6"
Basement
Exercise Room
20'5" × 10'2"
Basement
Other
13'6" × 7'10"
Basement
Game Room
15'7" × 13'9"
Basement
Media Room
20'5" × 13'9"
Basement
Family Room
15'7" × 13'5"
Basement
Kitchenette
11'2" × 8'8"
Basement
Bedroom
12' × 10'9"
Basement
Furnace/Utility Room
14' × 7'2"
Basement
Furnace/Utility Room
20'8" × 10'4"
Basement
Storage
8' × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
6' x 5'2"
Main Floor
Yes
5
20' x 11'6"
Main Floor
No
2
7' x 5'2"
2nd Floor
Yes
4
6'7" x 5'
2nd Floor
Yes
5
11'9" x 11'2"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Bar, Beamed Ceilings, Built-in Features, Double Vanity, High Ceilings, Kitchen Island, Natural Woodwork, Pantry, Quartz Counters, Walk-In Closet(s), Wet Bar, Wired for Sound
Exterior Features:
Lighting, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Views, Wooded
Num. of Parcels:
0
Fencing:
Partial
Nearest Town:
Cochrane
Region:
Mountain View County
Zoning:
1
Listed Date:
May 08, 2024
Days on Mkt:
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    Powder room near foyer/staircase
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    Rear entry powder room
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    2nd level suite
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    Full ensuite bathroom
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    Kids bedroom 1
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    Kids bedroom 2
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    Kids bedroom 3
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    Full bathroom serving gym/ lower level bunkroom
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    Basement guest suite
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    Triple attached garage
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    Boardroom + 3 offices on upper level mezzanine
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Listed by CIR Realty
Data was last updated November 10, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$994,000
Min list price:
$179,900
Max list price:
$4,900,000
Avg days on market:
55
Min days on market:
9
Max days on market:
236
Avg price per sq.ft.:
$530.22
These statistics are generated based on the current listing's property type and located in Rural Mountain View County. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706