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Real Estate | Built In Calgary Real Estate News Blog

Saturday, October 26, 2024   /   by Chris Matlashewski

Charming Fully Developed Bungalow for Rent in Acadia

Discover this beautifully upgraded bungalow, perfect for families and professionals alike. Recent updates include stylish vinyl flooring, new carpet in the basement, modern LED lighting, and fresh paint throughout, ensuring a bright and inviting atmosphere. The spacious, light-filled renovated kitchen is ideal for cooking and entertaining. The main floor features a cozy living room with a fireplace, stunning gun smoke floors, and a convenient laundry main floor laundry. Downstairs, enjoy extra living space with a family room and an additional bedroom—perfect for guests or a home office. The main bathroom has dual sinks ensures comfort and style throughout. Located in the heart of Acadia, this home is just a short walk from the Heritage and Southland LRT stops, making commuting a breeze. Families will appreciate the proximity to over eight schools, both public and private, with no bus requirements for children. Everything you need is close by, from shopping at Southcentre and Chin ...

  real estate, calgary, single family, acadia community

Monday, September 23, 2024   /   by Chris Matlashewski

Breaking Down the Bank of Canada’s Announcement Last Week

Breaking Down the Bank of Canada’s Changes Last Week 


The Maximum Insured Mortgage Increases to $1,500,000. 


-Buyers of properties between $1 million and $1.5 million can now use insured mortgage rules for minimum down payment.  


-Down payment of 5% of the first $500,000 and 10% of any purchase amount above $500,000 up to $1.5 million. 


-Buy a $1.5 million dollar home with $125,000 down. 


-Depending upon property taxes, other debts, etc. a buyer must qualify using the stress test rules, and speculating on applicable rate, but need about a 


$330,000 annual income to be in the discussion. Less for a new home using a 30 year amortization.  Wow 


The Maximum 30 year Amortization for First Time Buyers Changes 


-FTHB’s can as of December 15, use a 30 year amortization on any purchase, new construction or existing property.  


-A smaller payment and a bigger mortgage is the res ...

  real estate, mortgage, interestrates, mortgagerates

Comox Realty Group Inc.
Chris Matlashewski
5718 1a St SW #203
Calgary, AB T2H 0E8
403-809-3523

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