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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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319 Legacy Mount SE
Legacy Calgary T2X 2G7

$864,900
Residential beds: 4 baths: 4.0 2,590 sq. ft. built: 2024

*Marketing rendering only - actual home may differ
Photo 1: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 2: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 3: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 4: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 5: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 6: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 7: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 8: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 9: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 10: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 11: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 12: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 13: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 14: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 15: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 16: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 17: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 18: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 19: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 20: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 21: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 22: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 23: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 24: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 25: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 26: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 27: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Photo 28: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2174731
Bedrooms:
4
Bathrooms:
4
Year Built:
2024
Welcome to 319 Legacy Mount SE, an exceptional home nestled on a corner lot that backs onto greenspace. This luxurious Notte model by Luxuria Homes offers 2,590 sq. ft. of refined living with 4 bedrooms, including two primary suites, 3.5 baths, and a bonus room with a cozy fireplace. Enjoy the peaceful views of the greenspace from the private balcony, accessible from both the bonus room and the primary suite, perfect for relaxing mornings or evenings. Just steps away from scenic walking paths, this home offers a prime location for those seeking both convenience and natural beauty. Step inside to find a versatile flex room with double doors—perfect for a home office or fifth bedroom. The heart of the home is the stunning gourmet kitchen, equipped with a large island, built-in appliances, extra cabinetry, and a butler's pantry for ample storage. The open-concept living area is anchored by a striking gas fireplace, making it an inviting space for family gatherings or entertaining. Upstairs, discover the vaulted ceiling bonus room with fireplace, which opens onto a private balcony shared with the luxurious primary bedroom. The upper level boasts four spacious bedrooms, including a lavish primary suite with tray ceilings, a spa-like ensuite with dual sinks, a large fully tiled shower, soaker tub, and private water closet. A second bedroom with vaulted ceilings, its own ensuite and walk-in closet ensures privacy and comfort. Additional features include a second fireplace in the bonus room, a large laundry room with a sink, and a stylish main bathroom with dual sinks. The unfinished basement, complete with a separate side entrance, offers limitless customization options to suit your needs. Don't miss your opportunity to own this beautiful home in one of Calgary’s most desirable communities. Book your private tour today and experience the superior design and craftsmanship of 319 Legacy Mount SE!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
2,590 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Frequency:
Annually
HOA Fee Includes:
Lot Area:
5,349 sq. ft.
Lot Frontage:
40'
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:
Northeast
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2024 (Age: 0)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
1712147
Heating:
Forced Air
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Concrete, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
2
Fireplace Details:
Electric, Family Room, Gas, Great Room
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Sink, Upper Level
HOA Fee:
$60.00
Legacy
Park, Picnic Area, Playground
Built-In Oven, Built-In Range, Dishwasher, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
N/A
Architectural Guidelines
Floor
Type
Size
Other
Main Floor
Flex Space
9'5" × 8'9"
Main Floor
Family Room
16'2" × 13'3"
Main Floor
Dining Room
11'8" × 11'8"
Main Floor
Kitchen
14'5" × 11'8"
Main Floor
Mud Room
7'1" × 6'9"
2nd Floor
Bonus Room
16'4" × 13'1"
2nd Floor
Bedroom - Primary
16' × 11'5"
2nd Floor
Bedroom - Primary
14'2" × 13'8"
2nd Floor
Bedroom
11'6" × 10'11"
2nd Floor
Bedroom
12'4" × 9'1"
2nd Floor
Laundry
5'6" × 5'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'10" x 5'
2nd Floor
No
5
11'1" x 5'2"
2nd Floor
Yes
5
13'6" x 19'11"
2nd Floor
Yes
4
4'11" x 8'3"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Sidewalks, Walking/Bike Paths
Interior Features:
Bathroom Rough-in, Built-in Features, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Separate Entrance, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
Balcony, Private Entrance, Private Yard
Patio And Porch Features:
Deck
Lot Features:
Backs on to Park/Green Space, Corner Lot, Rectangular Lot
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-1
Listed Date:
Oct 23, 2024
Days on Mkt:
  • Photo 1: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Marketing rendering only - actual home may differ
  • Photo 2: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 3: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 4: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 5: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 6: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 7: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 8: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 9: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 10: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 11: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 12: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 13: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 14: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 15: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 16: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 17: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 18: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 19: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 20: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 21: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 22: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 23: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 24: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 25: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 26: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *Photos are of another home of the same layout and similar finishings - may differ from actual home
  • Photo 27: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *This is a marketing representation - home may differ on site
  • Photo 28: 319 Legacy Mount SE in Calgary: Legacy Detached for sale : MLS®# A2174731
    *This is a marketing representation - home may differ on site
Listed by eXp Realty
Data was last updated November 13, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$639,000
Min list price:
$220,000
Max list price:
$1,399,000
Avg days on market:
34
Min days on market:
3
Max days on market:
229
Avg price per sq.ft.:
$402.08
These statistics are generated based on the current listing's property type and located in Legacy. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706