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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3225 16320 24 Street SW
Bridlewood Calgary T2Y 5A1

$313,500
Residential beds: 2 baths: 1.0 760 sq. ft. built: 2005

Main Photo: 3225 16320 24 Street SW in Calgary: Bridlewood Apartment for sale : MLS®# A2175814
Photo 1: 3225 16320 24 Street SW in Calgary: Bridlewood Apartment for sale : MLS®# A2175814
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Photo 27: 3225 16320 24 Street SW in Calgary: Bridlewood Apartment for sale : MLS®# A2175814
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2175814
Bedrooms:
2
Bathrooms:
1
Year Built:
2005
Situated in the heart of the southwest community of Bridlewood which is ideally located just minutes away from schools, shopping and Fish Creek Park this well-maintained unit is inundated with natural light, exceptionally well appointed, and offers an open and very functional floorplan. Boasting 2 large bedrooms, 1 bathroom, and TWO TITLED UNDERGROUND HEATED PARKING stall. Open living area with fireplace includes functional kitchen with breakfast bar, dining area and generous living room leading to the sunny south facing balcony.Facing a green quiet space There's also an in-suite storage/laundry room with stacked washer & dryer! Great for first time buyers, young families, empty nesters or investors who desire a steady rental income. The entire unit was freshly painted and new plank deluxe vinyl flooring was installed this week.Everybody will fall in love with this great property!
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:
760 sq. ft.
Main Level Finished Area:
740 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$492.20
Condo Fee Includes:
Common Area Maintenance, Electricity, Heat, Parking, Professional Management, Reserve Fund Contributions, 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:
Southeast
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southeast
Floor Location:
Other
Entry Level:
1
Stories Total:
4
Levels:
Single Level Unit
End Unit:
End Unit
Total Rooms Above Grade:
5
Year built:
2005 (Age: 19)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0 (Full:1, Half:0)
Plan:
0512262
Heating:
Baseboard, Hot Water
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt, Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
0
Parking:
Heated Garage, Underground
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Bridlecrest Pointe
Bridlewood
None
Dishwasher, Dryer, Gas Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
N/A
Pet Restrictions or Board approval Required
Restrictions
Floor
Type
Size
Other
Main Floor
Living Room
11'8" × 10'8"
Main Floor
Kitchen
11'2" × 8'8"
Main Floor
Bedroom
8'11" × 8'10"
Main Floor
Bedroom
9'11" × 8'11"
Main Floor
Dining Room
10'10" × 5'2"
Main Floor
Laundry
5'9" × 4'3"
Main Floor
Balcony
9' × 7'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'10" x 4'11"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
Elevator, No Animal Home, No Smoking Home
Exterior Features:
Balcony
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-2
Listed Date:
Oct 28, 2024
Days on Mkt:
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Listed by RE/MAX House of Real Estate
Data was last updated November 13, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$384,900
Min list price:
$239,300
Max list price:
$799,900
Avg days on market:
33
Min days on market:
3
Max days on market:
142
Avg price per sq.ft.:
$390.02
These statistics are generated based on the current listing's property type and located in Bridlewood. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706