Post Content

Buy a Two Bedroom Condo in Alexandria for Under $200k

As part of Alexandria’s program to help first-time homebuyers who live or work in Alexandria, two properties near Landmark Mall are now on the market for around $200,000.

One of the homes is a two-bedroom, one-bathroom unit at 14 Canterbury Square, part of the Canterbury Square Condominiums. The home is being offered through the Alexandria Neighborhood Stabilization Program, which acquires and fully renovates distressed properties then sells them to income-eligible, first-time homebuyers. The unit is priced at $197,877.

To be eligible to purchase the Canterbury Square condo, the purchaser must make below 80% of area median income — $68,000 for a one-person household, $77,680 for a two-person household, or $87,360 for a three-person household.

The second home is at 5831 Quantrell Avenue. The home is being offered through the Resale Restricted Homeownership Program. The condominium is three-bedroom and two-bathroom, priced at $211,959.

To qualify for the Quantrell Avenue home, purchasers must make less than 100% of AMI — up to $85,000 for one-person households, up to $97,100 for two-person households, up to $109,000 for three-person households.

There are a variety of other forms of financial assistance available as well, according to a press release from the City of Alexandria.

“Eligible purchasers may receive a City shared equity loan through the City’s Flexible Homeownership Assistance Program,” the press release said. “The homes are also eligible for reduced mortgage interest rate financing through the Virginia Housing Development Authority’s Community Homeownership Revitalization Program (CHRP).”

Recent Stories

It was another busy week in Alexandria. This week’s top stories focused on development projects all over the city, from Old Town North to Carlyle and in the West End….

All of Bishop Ireton High School skipped classes today for a good cause. More than 700 students, teachers and administrators participated in a cleanup of 30 sites in and around…

The Truist bank at 2809 Mount Vernon Avenue is temporarily closed today (Friday) after an alleged altercation with a former employee. A former employee who had been terminated allegedly told…

Just Listed in Alexandria

Just Listed includes a 6 BD/4.5 BA home with 10ft ceilings, a gas fireplace and a private balcony.

Il Porto Ristorante is thrilled to announce that a new executive chef has joined our team! Hailing from Sicily, Italy, Chef Giuseppe’s culinary journey began at home, where he was immersed in the rich aromas and flavors of homemade Italian cuisine from a young age. His culinary skills flourished further in Piedmont, Italy, where he had the privilege of learning from esteemed chefs renowned worldwide. Under their mentorship, he refined his craft and developed a unique culinary style that marries classic Italian traditions with contemporary flair. Now, Chef Giuseppe proudly brings his exceptional talents to Il Porto, infusing each dish with his distinct blend of tradition and innovation. Chef Giuseppe is introducing brand new dinner specials and entrees, so make a reservation to enjoy his culinary excellence, today!

Submit your own Community Post here.

Pro Coro Alexandria – To the Sea

Join Pro Coro Alexandria, the chamber choir of the Alexandria Choral Society, this Saturday for our concert, “To the Sea.” Experience a variety of songs from beloved choral classics like “Shenandoah” and “What Shall We Do With A Drunken Sailor?”

Del Ray Kitchen Confidential Design Tour

Please join us for Del Ray Kitchen Confidential – a walking tour of recently renovated kitchens in Del Ray with the experts who make the magic happen! FA Design Build owner Rob Menefee and Design Consultant Melissa Fielding walk us

×

Subscribe to our mailing list