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A Comparison: Bare Land Condo vs. Conventional Condo

  1. 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.
  2. 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.
  3. 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.
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2 2703 Erlton Street SW
Erlton Calgary T2S 2W4

$1,750,000
Residential beds: 3 baths: 4.0 2,267 sq. ft. built: 2025

Main Photo: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 1: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 2: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 3: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 4: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 5: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 6: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 7: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 8: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 9: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 10: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 11: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 12: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 13: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 14: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 15: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 16: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 17: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 18: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 19: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 20: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 21: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 22: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 23: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Photo 24: 2 2703 Erlton Street SW in Calgary: Erlton Row/Townhouse for sale : MLS®# A2103761
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2103761
Bedrooms:
3
Bathrooms:
4
Year Built:
2025
This three storey townhome incorporates modern-traditional interior design elements for a sophisticated and timeless aesthetic. Perched upon a hill in one of Calgary's most iconic river communities overlooking the picturesque skyline, this brand new unit is a culmination of high quality materials, thoughtful finishing selections, and grand inclusions. The attached triple car garage and private elevator are characteristic of the many luxurious additions strategically embedded within this home. The main floor layout includes a chef's kitchen with premium panel-ready appliances, dining room, living area with gas fireplace, powder room, wet bar, built-in desk area, main floor balcony with sweeping city views, and an outdoor BBQ deck at the rear. On the second level there are two bedrooms, each with walk-in closets and 4 piece ensuites, along with laundry and a den. The entire third floor is occupied almost entirely by a spacious primary retreat with another gas fireplace, a walk-in-closet, an attached 5 piece ensuite including a steam shower, bidet and in-floor heating, an additional wet bar, and a third level balcony (designed and loaded for a hot-tub) overlooking the city. This intentional floorplan prioritizes comfort and convenience while maximizing utilization of space. Intricate millwork, ornate wall and ceiling mouldings, a textured kitchen island, brush gold accents, 9 foot ceilings, and herringbone hardwood all work together seamlessly to emulate carefully curated beauty. With unrivalled cityscape views, this home is a testament to deluxe inner city living. Notable specifications include: quartz countertops, Spanish porcelain tile, engineered European Oak hardwood, custom designed casing & mouldings, designer light fixtures, LED backlit staircase railings, millwork built-ins, satin brass and matte black hardware, along with rough-ins for speakers, a security system, power blinds and vacuum system. Situated amongst the natural landscape of the river pathways and surrounded by some of the city's most notable landmarks in the peaceful community of Erlton. Quickly access the shopping and dining opportunities along 4th street, the brand new Convention Centre, Calgary Stampede Grounds, and get to the downtown core in minutes. Expected Completion March 2025. Inquire for a list of customizable and/or upgradable features.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
3 Storey
Total Living Area:
2,267 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$325.00
Condo Fee Includes:
Insurance, Maintenance Grounds, Reserve Fund Contributions, Snow Removal
HOA Fee Includes:
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:
Unit Exposure:
North, South
Entry Level:
1
Levels:
Three Or More
End Unit:
2+ Common Walls
Total Rooms Above Grade:
7
Year built:
2025 (Age: -)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
2865AC
Heating:
In Floor, Electric, Fireplace(s), Forced Air, Natural Gas
Basement:
See Remarks
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Metal Siding, Stucco
Structure Type:
Triplex
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
Rough-In
Fireplaces:
2
Fireplace Details:
Gas, Living Room, Primary Bedroom, Raised Hearth, Tile
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
3.0
Parking Total/Covered:
3 / -
Laundry Features:
Laundry Room, Upper Level
Condo Fee Frequency:
Monthly
Z-name Not Listed
Erlton
None
Built-In Refrigerator, Dishwasher, Dryer, Garage Control(s), Gas Range, Microwave, Range Hood, Washer, Wine Refrigerator
Specifications Package able to be modified at this stage.
None Known
Yes
Floor
Type
Size
Other
Main Floor
Kitchen
13'2" × 10'10"
Main Floor
Dining Room
19'4" × 8'
Main Floor
Living Room
19'4" × 12'
Main Floor
Balcony
20'4" × 10'8"
2nd Floor
Den
13'6" × 7'8"
2nd Floor
Bedroom
11'6" × 11'6"
2nd Floor
Bedroom
12'5" × 10'6"
2nd Floor
Laundry
8'7" × 4'10"
3rd Floor
Bedroom - Primary
13'10" × 13'4"
3rd Floor
Walk-In Closet
11' × 7'8"
3rd Floor
Balcony
25'8" × 8'10"
Basement
Furnace/Utility Room
11'4" × 8'
Basement
Foyer
13' × 4'8"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
Yes
4
2nd Floor
Yes
4
3rd Floor
Yes
6
11'3" x 13'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Bar, Bookcases, Built-in Features, Central Vacuum, Closet Organizers, Crown Molding, Double Vanity, Elevator, High Ceilings, Kitchen Island, Low Flow Plumbing Fixtures, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, See Remarks, Skylight(s), Soaking Tub, Steam Room, Storage, Sump Pump(s), Track Lighting, Walk-In Closet(s), Wet Bar, Wired for Sound
Exterior Features:
Balcony, BBQ gas line, Lighting, Rain Gutters
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Cul-De-Sac, Gentle Sloping, Landscaped, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Mar 22, 2024
Days on Mkt:
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Listed by CIR Realty
Data was last updated November 3, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
4,996
Avg list price:
$595,000
Min list price:
$159,900
Max list price:
$10,000,000
Avg days on market:
32
Min days on market:
1
Max days on market:
464
Avg price per sq.ft.:
$437.38
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706