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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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406 2422 Erlton Street SW
Erlton Calgary T2S 3B6

$389,900
Residential beds: 2 baths: 2.0 1,005 sq. ft. built: 1998

Welcome to The Waterford of Erlton
Photo 1: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 2: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 3: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 4: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 5: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 6: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 7: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 8: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 9: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 10: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 11: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Photo 12: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2154458
Bedrooms:
2
Bathrooms:
2
Year Built:
1998
Welcome to your urban oasis at the coveted Waterford of Erlton complex! Nestled in the heart of the city, this stunning 2 bed/2 bath CORNER UNIT on the 4th floor boasts not just one, but two private balconies, offering you the perfect retreat to unwind and soak in the vibrant energy of Calgary. Step inside this newly updated sanctuary to discover a spacious layout with two oversized bedrooms, each exuding comfort and tranquility. The primary bedroom treats you to your own private haven, complete with a luxurious ensuite bathroom and a balcony, where you can start your mornings with a breath of fresh air. Embrace the convenience of in-suite laundry, secure underground titled parking, and a storage locker, providing you with the ease and peace of mind you deserve. Plus, indulge in the array of amenities the complex has to offer, from a convenient car wash bay to a games room, ensuring every aspect of your lifestyle is catered to. Venture outside and explore the dynamic surroundings that make this location truly unbeatable. With the Erlton LRT just steps away, along with the scenic Elbow River and Stampede Park, you'll find endless opportunities for adventure and relaxation right at your doorstep. And for our furry friends, rest assured knowing that this PET FRIENDLY building is conveniently close to Roxboro & Erlton off-leash park, perfect for playful outings. But the excitement doesn't end there – immerse yourself in the vibrant atmosphere of Calgary’s 4th Street, where top-tier bars, restaurants, boutiques, and grocery outlets await, promising a lifestyle of unparalleled convenience and excitement. Don't miss your chance to experience urban living at its finest – seize this opportunity to make the Waterford of Erlton your new home and embrace a lifestyle that truly reflects your dynamic spirit.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Apartment
Total Living Area:
1,005 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$620.72
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
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:
West
Reg. Size:
Reg. Size Includes:
Unit Exposure:
East, South
Floor Location:
Other
Entry Level:
4
Stories Total:
5
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
1998 (Age: 26)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
9813678
Heating:
Baseboard
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
High Rise (5+ stories)
Ensuite:
Yes
Flooring:
Carpet, Tile
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Heated Garage, Parkade, Secured, Stall, Titled, Underground
Parking Places:
1.0
Parking Total/Covered:
1 / -
Laundry Features:
In Unit, Laundry Room
Condo Fee Frequency:
Monthly
Waterford of Erlton
Erlton
Car Wash, Elevator(s), Party Room, Secured Parking, Visitor Parking
Dishwasher, Microwave Hood Fan, Oven, Refrigerator, Washer/Dryer Stacked, Window Coverings
N/A
Pet Restrictions or Board approval Required, Pets Allowed
Restrictions, Dogs OK, Yes
Floor
Type
Size
Other
Main Floor
Kitchen
10' × 10'
Main Floor
Dining Room
10' × 6'
Main Floor
Living Room
13'3" × 12'2"
Main Floor
Laundry
6'5" × 5'
Main Floor
Bedroom - Primary
12'5" × 10'10"
Main Floor
Bedroom
13' × 10'4"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
6'6" x 8'
Main Floor
Yes
4
5'10" x 8'8"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Breakfast Bar
Exterior Features:
Courtyard
Patio And Porch Features:
Balcony(s)
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2 d187
Listed Date:
Aug 02, 2024
Days on Mkt:
  • Photo 1: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Welcome to The Waterford of Erlton
  • Photo 2: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Photo 2 of 12
  • Photo 3: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Photo 3 of 12
  • Photo 4: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Primary bedroom with its own ensuite bathroom and ample closet space. private balcony,
  • Photo 5: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Photo 5 of 12
  • Photo 6: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Ensuite bathroom
  • Photo 7: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Second bedroom
  • Photo 8: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    View from the balcony in primary bedroom.
  • Photo 9: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Photo 9 of 12
  • Photo 10: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Second bathroom with upright shower
  • Photo 11: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Stacked washer and dryer
  • Photo 12: 406 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2154458
    Photo 12 of 12
Listed by Charles
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