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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5720 18 Avenue NE
Pineridge Calgary T1Y 1P1

$549,900
Residential beds: 4 baths: 2.0 962 sq. ft. built: 1974

Main Photo: 5720 18 Avenue NE in Calgary: Pineridge Detached for sale : MLS®# A2159000
Photo 1: 5720 18 Avenue NE in Calgary: Pineridge Detached for sale : MLS®# A2159000
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Photo 44: 5720 18 Avenue NE in Calgary: Pineridge Detached for sale : MLS®# A2159000
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2159000
Bedrooms:
4
Bathrooms:
2
Year Built:
1974
Price Improvement Alert!!! This fully updated bi-level with a completely separate entrance to the downstairs is located on a large lot close to all the Pineridge has to offer. This detached home has been extensively updated throughout both levels. The main floor features an open concept with a large living room , kitchen with eating area, laundry. 4 pc bath and 2 large bedrooms. The lower unit features a large family room, 2 more bedrooms, 4 pc bathroom and kitchen area with it's own laundry. Some of the recent upgrades include: lighting, flooring, paint, kitchen and bathroom upgrades, doors, base & casing, furnace, hot water tank as well as some other mechanical updates. All this on a fully fenced, landscaped yard with a new deck, patio area, oversized double car garage (22x24)and a separate shop/shed (12x24). Call to book your private viewing!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bi-Level
Total Living Area:
962 sq. ft.
Main Level Finished Area:
962 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
893 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,242 sq. ft.
Lot Frontage:
52'
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:
Bi-Level
Total Rooms Above Grade:
4
Year built:
1974 (Age: 50)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
731522
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Main Level
Pineridge
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
14'8" × 12'8"
Main Floor
Kitchen With Eating Area
14'6" × 13'10"
Main Floor
Laundry
4'10" × 2'1"
Main Floor
Bedroom - Primary
13'1" × 12'
Main Floor
Bedroom
12' × 9'8"
Lower Level
Family Room
16'3" × 11'2"
Lower Level
Kitchen With Eating Area
12'7" × 11'2"
Lower Level
Bedroom
9'2" × 9'1"
Lower Level
Bedroom
12'8" × 11'7"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
9'10" x 5'
Lower Level
No
4
4'11" x 7'1"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
Interior Features:
Granite Counters, Separate Entrance, Vinyl Windows
Exterior Features:
None
Patio And Porch Features:
See Remarks
Lot Features:
Back Lane, Back Yard, Few Trees, Front Yard, Landscaped, Rectangular Lot
Num. of Parcels:
0
Outbuildings:
Shop
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-C1
Listed Date:
Sep 30, 2024
Days on Mkt:
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Listed by Charles
Data was last updated November 13, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$420,000
Min list price:
$275,000
Max list price:
$1,000,000
Avg days on market:
37
Min days on market:
3
Max days on market:
110
Avg price per sq.ft.:
$381.28
These statistics are generated based on the current listing's property type and located in Pineridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706