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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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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6132 Madigan Drive NE
Marlborough Park Calgary T2A 4V8

$619,900
Residential beds: 5 baths: 3.0 980 sq. ft. built: 1975

Main Photo: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 1: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 2: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 3: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 4: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 5: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 6: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 7: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 8: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 9: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
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Photo 34: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Photo 35: 6132 Madigan Drive NE in Calgary: Marlborough Park Detached for sale : MLS®# A2125312
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2125312
Bedrooms:
5
Bathrooms:
3
Year Built:
1975
Welcome to your newly painted bungalow! This beautiful home offers a comfortable and convenient lifestyle, featuring 2 1/2 baths, 3 bedrooms on the main level, primary room has 1/2 bath en-suite. There are 2 additional bedrooms in the basement.There’s ample space for family and guests especially summer time as this home has 2 decks, excellent for BBQ and other gatherings. The kitchen is a standout feature, complete with sleek quartz countertops and modern stainless steel appliances. Whether you’re cooking for family or hosting friends, this kitchen has everything you need. The basement includes an illegal suite, providing flexibility for potential extra income or additional living space. This area is perfect for karaoke/movie/hockey nights. Can Rent it out since it is one complete illegal suite comes with kitchen, walk-in pantry, full bathroom, living room and laundry room. One bedroom has walk-in closet, and other one has a fireplace. Enjoy the convenience of living just a short walk from public transportation, making commuting a breeze. Across the street, you’ll find a variety of shops for your daily needs. Families will appreciate having schools and other amenities nearby, ensuring everything you need is within easy reach. Let's remember this home comes with oversized garage, good for 3 cars and has 220V Sub panel Installed. Your cars will be protected from the heat and no more scraping snow in winter. Don’t miss out on this fantastic opportunity to own a versatile bungalow in a prime location! Schedule a viewing today and see all this home has to offer.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
980.4 sq. ft.
Main Level Finished Area:
980.4 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
792.7 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,596 sq. ft.
Lot Frontage:
46'
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:
West
Levels:
One
Total Rooms Above Grade:
6
Year built:
1975 (Age: 49)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
7410533
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Shingle
Ensuite:
Yes
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Basement, Decorative, Electric
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Garage Door Opener, Oversized
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Multiple Locations
Marlborough Park
Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Washer, Washer/Dryer Stacked, Window Coverings
n/a
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
10'3" × 7'7"
Main Floor
Living Room
15'9" × 13'5"
Main Floor
Dining Room
9' × 7'3"
Main Floor
Bedroom - Primary
10'4" × 10'3"
Main Floor
Bedroom
10'1" × 9'
Main Floor
Bedroom
10'11" × 10'
Main Floor
Mud Room
5'11" × 3'3"
Main Floor
Laundry
8' × 4'
Basement
Bedroom
17'2" × 11'5"
Basement
Bedroom
12' × 11'8"
Basement
Family Room
14'1" × 12'8"
Basement
Kitchen
10'2" × 8'8"
Basement
Walk-In Closet
7'11" × 3'8"
Basement
Storage
6'2" × 5'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 7'7"
Main Floor
Yes
2
6'8" x 2'8"
Basement
No
4
6'6" x 5'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Quartz Counters, Separate Entrance
Exterior Features:
Playground
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Front Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-C1
Listed Date:
Apr 22, 2024
Days on Mkt:
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Listed by URBAN-REALTY.ca
Data was last updated May 4, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
2,963
Avg list price:
$620,000
Min list price:
$150,000
Max list price:
$9,900,000
Avg days on market:
16
Min days on market:
1
Max days on market:
479
Avg price per sq.ft.:
$448.83
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.