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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212 5555 falsbridge Drive NE
Falconridge Calgary T3J 3E8

$255,000
Residential beds: 2 baths: 1.0 765 sq. ft. built: 2003

Main Photo: 212 5555 falsbridge Drive NE in Calgary: Falconridge Apartment for sale : MLS®# A2164863
Photo 1: 212 5555 falsbridge Drive NE in Calgary: Falconridge Apartment for sale : MLS®# A2164863
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2164863
Bedrooms:
2
Bathrooms:
1
Year Built:
2003
Bright and Lovely 2-bedroom 2nd floor unit nestled in this 3-storey building with an elevator, offering a perfect blend of comfort and convenience all on one level. Steps away from all amenities, schools and bus routes. The unit offers Bright Sunny Living room and Dining room with a well planned Kitchen, 2 well sized Bedrooms , a very bright and spacious with west facing balcony to enjoy the evening sun. In suite laundry and storage are a BONUS ! Book your showing now to feel this immaculate unit.. Excellent complex, close to everything.
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:
765 sq. ft.
Main Level Finished Area:
765 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$527.83
Condo Fee Includes:
Common Area Maintenance, Electricity, Gas, Heat, Insurance, Professional Management, 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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Northeast
Floor Location:
Other
Entry Level:
1
Stories Total:
3
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
2003 (Age: 21)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0310284
Heating:
Baseboard
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
Other
Fireplaces:
0
Garage:
0
Parking:
Assigned, Stall
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Z-name Not Listed
Falconridge
Elevator(s), Storage, Visitor Parking
Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
n/a
Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Dining Room
11'1" × 7'7"
Main Floor
Living Room
13'10" × 10'6"
Main Floor
Kitchen
11'1" × 8'6"
Main Floor
Laundry
7'7" × 5'5"
Main Floor
Bedroom - Primary
10'10" × 9'10"
Main Floor
Bedroom
12'3" × 8'1"
Main Floor
Balcony
8'10" × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, No Animal Home, No Smoking Home, Open Floorplan, Storage, Walk-In Closet(s)
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
M-C1 d100
Listed Date:
Sep 26, 2024
Days on Mkt:
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Listed by PREP Realty
Data was last updated November 13, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$499,000
Min list price:
$255,000
Max list price:
$594,999
Avg days on market:
47
Min days on market:
10
Max days on market:
179
Avg price per sq.ft.:
$439.93
These statistics are generated based on the current listing's property type and located in Falconridge. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706