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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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103 630 57 Avenue SW
Windsor Park Calgary T2V 0H4

$235,000
Residential beds: 2 baths: 1.0 748 sq. ft. built: 1982

Front of Building
Photo 1: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 2: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 3: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 4: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 5: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 6: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 7: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 8: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 9: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 10: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 11: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 12: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 13: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 14: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 15: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 16: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 17: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 18: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 19: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Photo 20: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2142218
Bedrooms:
2
Bathrooms:
1
Year Built:
1982
Discover the perfect blend of comfort and convenience in this charming 2-bedroom, corner unit condominium nestled in the serene Windsor Park. This walk-out, ground-level suite boasts ample storage space and is ideally situated within walking distance to the vibrant Chinook Mall, offering an array of shops, boutiques, and restaurants right at your doorstep. Pet lovers will rejoice in the pet-friendly environment, while the low condo fees and underground parking add to the hassle-free living experience. The in-suite laundry and adult-only living options cater to those seeking a peaceful retreat. Surrounded by picturesque tree-lined streets, this condo is a haven for first-time home buyers or savvy investors alike. Whether you're looking to move in immediately or personalize the space with your unique touch, the butcher block countertops and white subway tile provide a stylish foundation for your creativity. Step outside to your private patio and enjoy the fenced-in green space, a rare find in condo living. Don't miss out on this opportunity for a convenient, yet tranquil lifestyle in Windsor Park.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Low-Rise(1-4)
Total Living Area:
748.26 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$495.06
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
HOA Fee Includes:
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:
Unit Exposure:
North
Floor Location:
Ground
Entry Level:
1
Stories Total:
3
Levels:
Single Level Unit
End Unit:
1 Common Wall, End Unit, No One Below
Total Rooms Above Grade:
6
Year built:
1982 (Age: 42)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
8310424
Heating:
Baseboard, Natural Gas
Basement:
None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete, Metal Siding, Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Tar/Gravel
Ensuite:
No
Flooring:
Ceramic Tile, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Assigned, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Windsor Manor
Windsor Park
Coin Laundry, Park, Parking, Trash
Built-In Range, Dishwasher, Electric Stove, Refrigerator
N/A
Adult Living, Board Approval, Pets Allowed
Restrictions, Yes
Floor
Type
Size
Other
Main Floor
Kitchen
11'1" × 7'11"
Main Floor
Dining Room
8' × 6'4"
Main Floor
Living Room
15'9" × 10'
Main Floor
Foyer
8'5" × 4'4"
Main Floor
Bedroom
10' × 8'8"
Main Floor
Bedroom - Primary
12' × 11'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'2" x 7'7"
Title to Land:
Fee Simple
Community Features:
Golf, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Smoking Home
Exterior Features:
Private Entrance
Patio And Porch Features:
Other, Patio
Accessibility Features:
Accessible Approach with Ramp
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jun 17, 2024
Days on Mkt:
  • Photo 1: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Front of Building
  • Photo 2: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Front of Building
  • Photo 3: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Front Entrance
  • Photo 4: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Unit Door
  • Photo 5: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Photo 5 of 20
  • Photo 6: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Kitchen
  • Photo 7: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Kitchen
  • Photo 8: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Kitchen
  • Photo 9: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Dining Space
  • Photo 10: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Living room
  • Photo 11: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Living Room
  • Photo 12: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Living room
  • Photo 13: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Secondary Bedroom
  • Photo 14: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Secondary Bedroom
  • Photo 15: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Primary Bedroom
  • Photo 16: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Primary Bedroom
  • Photo 17: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    4 piece Bathroom
  • Photo 18: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    In suite Laundry
  • Photo 19: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Patio with Greenspace
  • Photo 20: 103 630 57 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2142218
    Patio with Greenspace
Listed by Century 21 Bamber Realty LTD.
Data was last updated July 3, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
3,766
Avg list price:
$634,900
Min list price:
$128,000
Max list price:
$10,000,000
Avg days on market:
21
Min days on market:
1
Max days on market:
539
Avg price per sq.ft.:
$450.82
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706