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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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228 Sanderling Place NW
Sandstone Valley Calgary T3K 3B2

$609,900
Residential beds: 4 baths: 3.0 1,816 sq. ft. built: 1985

Main Photo: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 1: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 2: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 3: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 4: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 5: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 6: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 7: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 8: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 9: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 10: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 11: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 12: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 13: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 14: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 15: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 16: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 17: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 18: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 19: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 20: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 21: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 22: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 23: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 24: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 25: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 26: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 27: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 28: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 29: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 30: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 31: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 32: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 33: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Photo 34: 228 Sanderling Place NW in Calgary: Sandstone Valley Detached for sale : MLS®# A2216975
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2216975
Bedrooms:
4
Bathrooms:
3
Year Built:
1985
This family friendly home in the heart of Sandstone is only steps from a green space! Quiet cul de sac location. A total of 4 bedrooms and 3 baths. Handy 3 piece ensuite off primary bedroom. Two additional bathrooms include one 4 piece and a 3 piece. Spacious kitchen, a dining room and a lving room on the second level. All three levels are above grade! Laminate and tile flooring. Granite countertops. New roof shingles in April 2025. Landscaped backyard with south facing patio. Ideal for lazy summer afternoons. Schools, parks, playgrounds, shopping and amenities are nearby. Sandstone is a quality northwest neighborhood known for its proximity to expansive Nosehill Park.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 Level Split
Total Living Area:
1,816 sq. ft.
Main Level Finished Area:
1,200 sq. ft.
Upper Level Finished Area:
616 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,896 sq. ft.
Lot Frontage:
33'3¼"
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:
North
Reg. Size:
Reg. Size Includes:
Levels:
3 Level Split
Total Rooms Above Grade:
8
Year built:
1985 (Age: 40)
Bedrooms:
4 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
8311050
Heating:
Forced Air
Basement:
None, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Sandstone Valley
Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer
Window Coverings
None Known
Floor
Type
Size
Other
Main Floor
Game Room
16'7" × 13'10"
Main Floor
Bedroom
10' × 9'1"
Main Floor
Laundry
9'2" × 6'1"
Upper Level
Bedroom
10'11" × 8'6"
Upper Level
Bedroom
9'11" × 9'10"
Upper Level
Bedroom - Primary
13'3" × 11'11"
2nd Floor
Living Room
14'10" × 11'8"
2nd Floor
Dining Room
11'3" × 9'11"
2nd Floor
Kitchen
13'2" × 10'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
6'6" x 5'11"
Upper Level
No
4
8'8" x 5'
Upper Level
Yes
3
7'8" x 9'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Granite Counters
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-CG
Listed Date:
May 01, 2025
Days on Mkt:
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Listed by CIR Realty
Data was last updated May 14, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$665,000
Min list price:
$399,999
Max list price:
$969,000
Avg days on market:
23
Min days on market:
1
Max days on market:
202
Avg price per sq.ft.:
$397.49
These statistics are generated based on the current listing's property type and located in Sandstone Valley. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706