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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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53 Martinbrook Road NE
Martindale Calgary T3J 3G2

$609,999.99
Residential beds: 4 baths: 3.0 1,317 sq. ft. built: 1996

Main Photo: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 1: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 2: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 3: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 4: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 5: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 6: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 7: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 8: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Photo 9: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
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Photo 41: 53 Martinbrook Road NE in Calgary: Martindale Detached for sale : MLS®# A2184893
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2184893
Bedrooms:
4
Bathrooms:
3
Year Built:
1996
This charming 2-storey home, offering over 1300 sq. ft. of living space, is a fantastic opportunity for those seeking comfort and value. The main level features a beautifully renovated kitchen, spacious dining area, and a bright living room, complemented by a convenient half bath and laundry room. Step outside to a delightful sunroom, ideal for relaxation. The upper level boasts three well-sized bedrooms, including a master with a walk-in closet, and a beautifully renovated full bathroom with a stunning standing shower. The fully finished basement provides additional living space with a kitchen, bedroom, full bath, and living room, offering great potential for rental income or extended family use. Outside, you'll find a large backyard, double garage, and a well-maintained front yard, adding both functionality and curb appeal. Don't miss out—book your showing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
1,317.3 sq. ft.
Main Level Finished Area:
679.31 sq. ft.
Upper Level Finished Area:
637.99 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
643.09 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
3,293 sq. ft.
Lot Frontage:
30'2"
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:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
South
Levels:
Two
Total Rooms Above Grade:
6
Year built:
1996 (Age: 29)
Bedrooms:
4 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
9411374
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Vinyl
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Off Street
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Main Level, Multiple Locations
Martindale
Dishwasher, Electric Range, Garage Control(s), Range Hood, Refrigerator, Washer/Dryer
N/A
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Kitchen
14' × 13'5"
Main Floor
Living Room
18'7" × 12'9"
Main Floor
Dining Room
9'8" × 8'8"
Main Floor
Laundry
5'3" × 3'5"
2nd Floor
Bedroom - Primary
13' × 12'2"
2nd Floor
Walk-In Closet
5'6" × 5'6"
2nd Floor
Bedroom
11'11" × 9'2"
2nd Floor
Bedroom
12'2" × 9'3"
Basement
Kitchen
14'5" × 7'3"
Basement
Living Room
17'1" × 8'8"
Basement
Bedroom
17'7" × 8'6"
Basement
Walk-In Closet
4'11" × 2'6"
Basement
Furnace/Utility Room
8'5" × 5'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'
2nd Floor
No
3
5'10" x 8'1"
Basement
No
4
4'11" x 10'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Granite Counters, Kitchen Island, Open Floorplan, Separate Entrance
Exterior Features:
Garden, Lighting, Private Entrance, Private Yard
Patio And Porch Features:
Deck, Front Porch
Lot Features:
Back Lane, Back Yard, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-CG
Listed Date:
Jan 09, 2025
Days on Mkt:
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Listed by Creekside Realty
Data was last updated January 10, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$577,450
Min list price:
$430,000
Max list price:
$799,900
Avg days on market:
50
Min days on market:
1
Max days on market:
169
Avg price per sq.ft.:
$468.79
These statistics are generated based on the current listing's property type and located in Martindale. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706