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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.
-
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.
2414 31 Avenue SW
Calgary
T2T 1T8
$1,275,000
Residential
beds: 4
baths: 5.0
2,466 sq. ft.
built: 2012
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2152500
- Bedrooms:
- 4
- Bathrooms:
- 5
- Year Built:
- 2012
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This magnificent three-story residence, boasting over 3,000 square feet of fully developed living space, is the epitome of modern luxury. Nestled in a serene cul-de-sac in the vibrant and sought-after Marda Loop neighborhood, this home has been impeccably maintained by its original owner, exemplifying top-tier craftsmanship and attention to detail. Every aspect of this property has been meticulously designed with a discerning eye, from the expertly chosen finishing materials to the chic and stylish color palette that creates an atmosphere of sophistication and warmth.
Upon entering, you'll find the main floor thoughtfully arranged to maximize both function and elegance. The gourmet chef’s kitchen is a highlight, featuring floor-to-ceiling walnut cabinetry, state-of-the-art Thermador commercial-grade appliances, and exquisite quartz countertops. This culinary haven seamlessly flows into a cozy living room, a dedicated main floor office space perfect for remote work, and a formal dining room ideal for entertaining guests.
Ascending the beautifully crafted glass staircase, you’ll arrive at the luxurious second-level master suite. This sanctuary offers soaring 9-foot ceilings, dual sinks, a custom steam shower, an air jet tub, and heated floors, creating a spa-like retreat within your own home.
The third level of this stunning abode is flooded with natural light, thanks to the large windows that invite the outdoors in. This versatile space can be tailored to suit your needs, whether you envision a tranquil reading nook, an artist’s studio, or a dynamic entertainment area. Completing this level is a 2-piece bath, a convenient wet bar, and a south-facing rooftop patio that promises endless opportunities for al fresco dining and relaxation.
Experience the allure and elegance of this remarkable home, lovingly cared for by its original owner, and see for yourself what treasures await you this summer. Don’t miss the chance to make this extraordinary property your own.
- Property Type:
- Residential
- Property Sub Type:
- Semi Detached (Half Duplex)
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- 3 Storey, Side by Side
- Total Living Area:
- 2,466.3 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Taxes:
- Signup
- Tax Assessed Value:
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- HOA Fee Includes:
- Signup
- Lot Area:
- 3,121 sq. ft.
- Lot Frontage:
- 25'
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- South
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Entry Level:
- 1
- Levels:
- Three Or More
- End Unit:
- 1 Common Wall
- Total Rooms Above Grade:
- 8
- Year built:
- 2012 (Age: 12)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 5.0 (Full:3, Half:2)
- Plan:
- 4479P
- Heating:
- In Floor, Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Composite Siding, See Remarks, Wood Frame
- Structure Type:
- Duplex
- Roof:
- Rubber
- Ensuite:
- Yes
- Flooring:
- Carpet, Ceramic Tile, Hardwood, Marble
- Cooling:
- Full
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 2.0
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- Laundry Room
- Richmond
- Dishwasher, Dryer, Garage Control(s), Gas Stove, Microwave, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Entrance
- 5'9" × 5'1"
- Main Floor
- Living Room
- 13'7" × 11'10"
- Main Floor
- Dining Room
- 10' × 8'
- Main Floor
- Kitchen With Eating Area
- 13'9" × 13'3"
- Main Floor
- Family Room
- 18'5" × 10'11"
- Main Floor
- Mud Room
- 4'11" × 4'7"
- 2nd Floor
- Bedroom
- 13'11" × 10'3"
- 2nd Floor
- Bedroom
- 10'8" × 9'11"
- 2nd Floor
- Laundry
- 7'4" × 6'2"
- 2nd Floor
- Bedroom - Primary
- 15'1" × 11'11"
- 2nd Floor
- Walk-In Closet
- 7'10" × 6'4"
- 3rd Floor
- Bonus Room
- 16'9" × 15'8"
- Basement
- Furnace/Utility Room
- 7' × 5'8"
- Basement
- Game Room
- 24'5" × 13'2"
- Basement
- Bedroom
- 12'10" × 11'3"
- Basement
- Walk-In Closet
- 5'2" × 4'10"
- Basement
- Storage
- 17'8" × 4'11"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 5'4" x 5'3"
- 2nd Floor
- No
- 4
- 5'4" x 9'5"
- 2nd Floor
- Yes
- 5
- 15'10" x 7'4"
- 3rd Floor
- No
- 2
- 7'9" x 3'
- Basement
- No
- 4
- 8'3" x 5'3"
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Other, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Bar, High Ceilings, No Smoking Home, Steam Room, Vaulted Ceiling(s)
- Exterior Features:
- Other
- Patio And Porch Features:
- Other
- Lot Features:
- Back Lane, Back Yard, Cul-De-Sac, Landscaped, Level, Other
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- R-C2
- Listed Date:
- Jul 24, 2024
- Days on Mkt:
- Signup
-
Photo 1 of 1
Listed by Royal LePage Benchmark
Data was last updated November 3, 2024 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $874,900
- Min list price:
- $249,900
- Max list price:
- $2,299,900
- Avg days on market:
- 44
- Min days on market:
- 2
- Max days on market:
- 116
- Avg price per sq.ft.:
- $512.6
These statistics are generated based on the current listing's property type
and located in
Richmond. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
302 Royal Avenue Northwest
$439,900
MLS®#: A2175512
Bedrooms: 2
Bathrooms: 1.0
Floor Area: 1,172.18 sq. ft.
CIR Realty