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A Comparison: Bare Land Condo vs. Conventional Condo
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Ownership Structure:
- Bare Land Condo In a bare land condo, the owner holds title to both the individual unit (such as a house) and the land it sits on. However, there may still be common areas and shared amenities that are collectively owned by all the unit owners within the development
- Conventional Condo: In a conventional condo, the owner only holds title to the individual unit itself, not the land it occupies or any common areas. The land and common areas are typically owned by a homeowners' association (HOA) or condominium corporation, in which each unit owner holds a share.
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Property Type:
- Bare Land Condo: This type of condo typically involves detached or semi-detached houses, townhouses, or duplexes, where each unit owner also owns the land on which their unit is built. The common areas in a bare land condo development may include things like roads, parks, or landscaping, which are jointly maintained by the owners.
- Conventional Condo: Conventional condos usually consist of multi-unit buildings or complexes where each unit is individually owned but shares common areas and amenities such as hallways, elevators, parking lots, swimming pools, and recreational facilities. The land and common elements are collectively owned and maintained by the HOA or condominium corporation.
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Maintenance Responsibilities:
- Bare Land Condo: Unit owners in a bare land condo are typically responsible for the maintenance and upkeep of their individual units as well as the portion of the common areas assigned to them. They may have more autonomy in making decisions about the maintenance and landscaping of their property.
- Conventional Condo: Maintenance responsibilities in a conventional condo are often governed by the HOA or condominium corporation, which collects fees from unit owners to cover shared expenses such as landscaping, repairs, insurance, and amenities. Unit owners have less control over these decisions as they are typically made collectively by the HOA or condominium board.
Eagle RidgeSouthCalgary
EXPLORE CALGARY COMMUNITIES
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40 Eagle Ridge Place SW in Calgary: Eagle Ridge Detached for sale : MLS®# A2062122
40 Eagle Ridge Place SW Calgary T2V 2V8 
$7,250,000Residential- Status:
- Active
- MLS® Num:
- A2062122
- Bedrooms:
- 5
- Bathrooms:
- 7
- Floor Area:
- 5,434 sq. ft.
Welcome to the epitome of luxury living in the prestigious community of Eagle Ridge. This exceptional, high-end bungalow, situated on a sprawling double lot, offers an unparalleled level of sophistication and elegance. With meticulous attention to detail and no expense spared, this home is a true masterpiece. On your drive toward the residence nestled into the curve of the cul-de-sac you are greeted with the picturesque parklike setting. Once you step inside past the hand chiseled Walnut doors, you are greeted by a grand foyer that sets the tone for the splendor that awaits. The main rooms are nothing short of magnificent, boasting expansive dimensions and exquisite finishes. Hardwood floors with parquet detailing, ledgestone and ornate metal fireplace surrounds, floor to ceiling windows offering views of the exquisite gardens, recessed lighting, rich wood paneling, smart home operation and security to name a few. The heart of this extraordinary home is undoubtedly the kitchen, which serves as the epicenter of both functionality and style. Designed to cater to the most discerning culinary enthusiasts, it features a walk-in cooler, a gas cooktop, double ovens, and commercial-grade appliances. Whether you're hosting a grand gala or preparing an intimate meal for loved ones, this culinary haven is sure to impress. The house boasts plenty of areas in which to relax, spend some quality time together or unwind in peaceful solitude, the bright sun filled family room, the sumptuous den with it’s hotel bar (complete with brass foot rail), the theatre room with 108” screen or the home gym with shower and sauna. The sleeping quarters are equally impressive, with five generously proportioned bedrooms that offer the ultimate retreat. The primary bedroom is a sanctuary unto itself, complete with a sunken lounge area, a cozy fireplace, a walk-in closet, and a luxurious ensuite bathroom. Every detail has been carefully considered to create a serene and private space for relaxation and rejuvenation. Beyond the walls of this remarkable abode lies an outdoor oasis. The stunning and meticulously manicured grounds provide a picturesque backdrop for outdoor gatherings or quiet contemplation. From the enchanting garden pathways to the awe-inspiring landscaping, every element has been thoughtfully designed to enhance the natural beauty of the surroundings. Located within the exclusive community of Eagle Ridge, this home offers not only luxury but also prestige and exclusivity. Nestled amidst other distinguished residences, this property stands as a symbol of accomplishment and refined taste. With its extraordinary features, unparalleled elegance, and magnificent surroundings, this property presents a rare opportunity to acquire an exceptional residence in one of the most sought-after communities. Don't miss your chance to experience the pinnacle of luxury living. More detailsListed by Century 21 Bamber Realty LTD. and Royal LePage Benchmark- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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5N 222 Eagle Ridge Drive SW in Calgary: Eagle Ridge Apartment for sale : MLS®# A2143463
5N 222 Eagle Ridge Drive SW Calgary T2V 2V7
$1,699,000Residential- Status:
- Active
- MLS® Num:
- A2143463
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 2,076 sq. ft.
** Open House Thursday, August 8th from 11AM-2PM! ** SPECTACULAR VIEWS! Discover unparalleled elegance in this exquisite two-bedroom, two-bathroom condo and den. Nestled in the prestigious community of Eagle Ridge, this home offers breathtaking views in every direction: majestic mountains to the west, a vibrant downtown skyline to the north, and the serene Glenmore Reservoir and Heritage Park below. Step inside to find a residence where timeless renovations meet modern luxury. This home has undergone significant upgrades about 10 years ago, including brand new mechanical systems, windows, a state-of-the-art kitchen, gleaming hardwood floors, plush carpets, and luxurious bathrooms making it ready for you to move in and enjoy. The efficient galley kitchen, complete with a butler's pantry, makes meal preparation a joy, whether you're hosting large gatherings or enjoying a quiet dinner. The formal dining room and spacious living area, highlighted by a stylish fireplace feature wall, provide an ideal setting to showcase your most cherished furniture pieces. Large picture windows throughout the condo allow you to bask in the stunning vistas from every room. Enjoy year-round panoramic views of the mountains, the reservoir, and the downtown skyline, creating a picturesque backdrop for everyday living. Additional features include two side-by-side parking stalls, a direct-to-suite elevator for utmost convenience, ample storage space, and access to a guest suite. Close to all amenities and located in a sought-after neighborhood, this condo is the epitome of luxury and comfort. Book your private viewing today and step into a home where every detail has been thoughtfully designed to offer an exceptional living experience. More detailsListed by RE/MAX Realty Professionals- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Data was last updated September 8, 2024 at 02:05 AM (UTC)
Featured Listing
3 Henderson Close Northeast
$734,900
MLS®#: A2148104
Bedrooms: 3
Bathrooms: 3.0
Floor Area: 1,548.61 sq. ft.
CIR Realty