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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  2. Phone Number: Call me directly at 403.397.3706 with any questions or to schedule viewings.

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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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301 705 56 Avenue SW
Windsor Park Calgary T2V 0G6

$545,000
Residential beds: 2 baths: 3.0 2,047 sq. ft. built: 1994

Main Photo: 301 705 56 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2152905
Photo 1: 301 705 56 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2152905
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Photo 28: 301 705 56 Avenue SW in Calgary: Windsor Park Apartment for sale : MLS®# A2152905
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2152905
Bedrooms:
2
Bathrooms:
3
Year Built:
1994
One of a kind, executive 2 storey penthouse condo located in the inner city, very desirable community of Windsor Park. Located within walking distance to amenities and transportation. This NEWLY renovated unit boasts a total of 2047 Sqft over 2 levels with a total of 2 bedrooms, a den, loft, and 3 large bathrooms. Upon entry, you will be met with a phenomenal natural bright open floorplan with vaulted ceilings and a loft. Gourmet kitchen with oak finishings, newer stainless steel appliances, a built in gas range, and a breakfast eating bar. The floors are authentic hardwood with a special inlay of Purple Heart creating a showcase design. The kitchen opens up to a large living room with soaring vaulted ceilings, built-ins and a 3 sided gas fireplace that is open to a formal dining area. The large primary bedroom comes equipped with built-ins, a large walk-in closet, and a spa 5 piece ensuite, complete with a jetted tub and oversized shower. The walk in closet is connected to the large laundry room for added convenience. The private North facing balcony is nestled in the trees creating a tree house feel with privacy. The balcony is accessible from the living room and primary bedroom. The main level is complete with a 2 piece powder room. A gorgeous staircase leads you upstairs to a large family room loft overlooking the living and dining room. This unit boasts one of the most breathtaking, one of a kind, 1500sqft private rooftop terrace, perfect for hosting the most amazing events. The upper floor is complete with a second bedroom, an impressive 3 piece bathroom with a 5 person steam shower in floor heating, a den, and a bonus room, perfect for a home office or hobby room. The unit comes with an assigned underground stall in a heated parkade, as well as an oversized storage locker. The complex is very quiet, and professionally well managed. Located within minutes to downtown, amenities, shopping, and transportation. Ideal for a professional couple or investor. Exceptional value!
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:
2,047.48 sq. ft.
Main Level Finished Area:
1,377.86 sq. ft.
Upper Level Finished Area:
669.61 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$1,373.12
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Parking, 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:
North
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North
Floor Location:
Other
Entry Level:
3
Stories Total:
3
Levels:
Multi Level Unit
End Unit:
No One Above
Total Rooms Above Grade:
7
Year built:
1994 (Age: 30)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
9410986
Heating:
Baseboard, Fireplace(s), Natural Gas
Foundation:
Wood
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Dining Room, Gas, Great Room
Garage:
0
Parking:
Garage Door Opener, Stall, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
Laundry Room, Main Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Windsor Park
Secured Parking, Storage
Dishwasher, Dryer, Gas Cooktop, Microwave, Oven, Range Hood, Refrigerator, Washer
Refrigerator, Dishwasher, Oven, Microwave, Gas Cooktop, Range Hood, Washer, Dryer
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Dining Room
13'6" × 10'
Main Floor
Kitchen
16' × 9'9"
Main Floor
Laundry
9'2" × 7'10"
Main Floor
Living Room
25'5" × 21'
Main Floor
Bedroom - Primary
17'10" × 12'11"
2nd Floor
Bedroom
10'2" × 9'3"
2nd Floor
Bonus Room
10'6" × 9'6"
2nd Floor
Family Room
20'9" × 18'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
6'8" x 4'8"
Main Floor
Yes
5
11'4" x 12'
2nd Floor
No
3
9'6" x 11'
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar, Built-in Features, Closet Organizers, Crown Molding, High Ceilings, Jetted Tub, No Animal Home, No Smoking Home, Open Floorplan, Walk-In Closet(s)
Exterior Features:
Other
Patio And Porch Features:
Balcony(s), Terrace
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jul 26, 2024
Days on Mkt:
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3D Tour

Listed by Greater Property Group
Data was last updated November 13, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$305,000
Min list price:
$169,900
Max list price:
$1,195,000
Avg days on market:
46
Min days on market:
1
Max days on market:
118
Avg price per sq.ft.:
$336.2
These statistics are generated based on the current listing's property type and located in Windsor Park. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706