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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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398 2211 19 Street NE
Vista Heights Calgary T1Y 2Z6

$339,000
Residential beds: 3 baths: 1.0 1,092 sq. ft. built: 1962

Main Photo: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 1: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 2: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 3: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 4: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 5: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 6: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 7: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 8: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 9: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 10: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 11: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 12: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 13: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Photo 14: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2163380
Bedrooms:
3
Bathrooms:
1
Year Built:
1962
For more information, please click on Brochure button below. Well kept & updated, spacious 3 bedroom townhome ideal for anyone looking for a solid potential investment! Live in or potentially rent out, its sure to please! Centrally located with quick & easy access to Deerfoot Trail. Walking distance to public schools, shopping amenities, playground/parks, nature paths & public transport this home offers the comfort of convenience for all. The well designed floorplan offers ample kitchen space, large living room with endless furniture placement options, sizeable bedrooms and a private balcony off the Master!! One of the best locations in the complex, this end/corner unit backs onto a greenspace and features views of Downtown, the mountains and Nose Hill Park! The unfinished basement is equipped with washer & dryer and perfect for extra rec or storage space. Updates include fresh paint, oak cabinets, flooring & updated Furnace and Hot Water Tank (approx. 4 yrs). All of this in a very well managed & maintained complex. Don't miss out!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Bare Land
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,092.2 sq. ft.
Main Level Finished Area:
547 sq. ft.
Upper Level Finished Area:
545.2 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
519.4 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$377.00
Condo Fee Includes:
Common Area Maintenance, Maintenance Grounds, Parking, Professional Management, Snow Removal
HOA Fee Includes:
Lot Area:
792 sq. ft.
Lot Frontage:
22'
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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southwest
Entry Level:
1
Stories Total:
2
Levels:
Two
End Unit:
End Unit, No One Above, No One Below
Total Rooms Above Grade:
5
Year built:
1962 (Age: 62)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
8911259
Heating:
Forced Air, Natural Gas
Basement:
Full, Unfinished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Mixed, Stucco
Structure Type:
Five Plus
Roof:
Asphalt, Flat
Ensuite:
No
Flooring:
Vinyl
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Vista Heights
Vista Heights
Other, Parking, Snow Removal
Oven, Refrigerator, Stove(s), Washer/Dryer
n/a
Utility Right Of Way
Yes
Floor
Type
Size
Other
Main Floor
Entrance
9'2" × 3'9"
Main Floor
Living Room
17'5" × 12'1"
Main Floor
Kitchen With Eating Area
14'7" × 9'9"
Main Floor
Mud Room
8'6" × 5'8"
Upper Level
Bedroom
11'9" × 7'7"
Upper Level
Bedroom
14'8" × 7'9"
Upper Level
Bedroom - Primary
15'9" × 9'2"
Upper Level
Walk-In Closet
6'3" × 2'5"
Upper Level
Balcony
15'7" × 3'5"
Basement
Other
31'9" × 15'5"
Floor
Ensuite
Pieces
Other
Upper Level
No
4
5' x 7'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks, Storage
Exterior Features:
Courtyard, Lighting, Private Entrance, Rain Gutters
Patio And Porch Features:
Balcony(s), Patio, See Remarks
Lot Features:
Backs on to Park/Green Space, Corner Lot, Street Lighting
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
MC-1
Listed Date:
Sep 05, 2024
Days on Mkt:
  • Photo 1: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
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  • Photo 2: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
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  • Photo 14: 398 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2163380
    Photo 14 of 14
Listed by Easy List Realty
Data was last updated November 10, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$482,450
Min list price:
$279,900
Max list price:
$719,000
Avg days on market:
35
Min days on market:
2
Max days on market:
92
Avg price per sq.ft.:
$384.86
These statistics are generated based on the current listing's property type and located in Vista Heights. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706