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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526 52 Avenue SW
Windsor Park Calgary T2V 0B2

$829,900
Residential beds: 3 baths: 2.0 1,302 sq. ft. built: 1948

Main Photo: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 1: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 2: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 3: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 4: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 5: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 6: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
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Photo 8: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
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Photo 13: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
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Photo 36: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 37: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Photo 38: 526 52 Avenue SW in Calgary: Windsor Park Detached for sale : MLS®# A2175961
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2175961
Bedrooms:
3
Bathrooms:
2
Year Built:
1948
Discover a rare chance to invest in an oversized bungalow in the highly sought-after community of Windsor Park. This prime inner-city lot is 50' X 120' and is zoned R-CG, offering immense potential for future potential development. Nestled on a quiet street, this property is just minutes away from schools, parks, and local amenities. Only minutes from Chinook Centre and transit, or just 10 minutes from downtown Calgary. The well-loved family home has 1,300 sqft of living space with 3 bedrooms, 2 bathrooms, and centrally located kitchen and dining room. Separate entrance at the back leads to the basement that is a blank canvas waiting for your personal touches and needs. Outside, the large yard is complimented by an oversized detached double garage. Windsor Park is full of beautiful mature tree-lined streets and a mix of charming homes.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,301.75 sq. ft.
Main Level Finished Area:
1,301.75 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
990.38 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,995 sq. ft.
Lot Frontage:
50'
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:
Unit Exposure:
South
Levels:
One
Total Rooms Above Grade:
6
Year built:
1948 (Age: 76)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
8841FA
Heating:
Forced Air, Natural Gas
Basement:
Full, Partially Finished
Foundation:
Poured Concrete, Wood
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Hardwood, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Garage Faces Rear, Oversized
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Main Level
Windsor Park
Dryer, Portable Dishwasher, Range, Refrigerator
n/a
None Known
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
13'3" × 11'6"
Main Floor
Bedroom
10'9" × 9'6"
Main Floor
Bedroom
11'10" × 8'4"
Main Floor
Living Room
15'6" × 13'9"
Main Floor
Kitchen
14'5" × 11'3"
Main Floor
Dining Room
13'7" × 9'7"
Main Floor
Laundry
9'8" × 8'2"
Main Floor
Mud Room
17'8" × 4'2"
Basement
Game Room
22'5" × 11'2"
Basement
Cold Room/Cellar
7'10" × 5'11"
Basement
Storage
6'10" × 5'9"
Basement
Furnace/Utility Room
16'10" × 8'7"
Basement
Storage
28'9" × 14'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
10'4" x 8'2"
Basement
No
3
5'10" x 6'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Laminate Counters, No Animal Home, No Smoking Home, Separate Entrance, Storage
Exterior Features:
None
Patio And Porch Features:
Front Porch
Lot Features:
Back Lane, Back Yard, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Oct 30, 2024
Days on Mkt:
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Virtual Tour

Virtual Tour

Listed by CIR Realty
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