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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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251 Rundlecairn Road NE
Rundle Calgary T1Y 2X8

$649,900
Residential beds: 5 baths: 3.0 1,389 sq. ft. built: 1976

Main Photo: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 1: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 2: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 3: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 4: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 5: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 6: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 7: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 8: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
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Photo 12: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
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Photo 22: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 23: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 24: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 25: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 26: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 27: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
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Photo 29: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
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Photo 32: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Photo 33: 251 Rundlecairn Road NE in Calgary: Rundle Detached for sale : MLS®# A2159868
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2159868
Bedrooms:
5
Bathrooms:
3
Year Built:
1976
THE NICEST RENOVATION IN RUNDLE | INSULATED/HEATED DOUBLE GARAGE | FINISHED BASEMENT | 5 BED 2.5 BATH | ESTABLISHED COMMUNITY *Please note that the neighboring property is also for sale - A2159905* Welcome to this beautifully renovated 5-bedroom, 2.5-bathroom detached home, located in the heart of the well-established community of Rundle. This home has been thoughtfully updated with modern finishes and boasts a spacious, well-maintained lot, making it the perfect abode for families. As you step inside, you'll immediately notice the trendy Lutron lighting and the new fixtures that give the home a contemporary flair. The entire home features luxurious vinyl plank (LVP) flooring, which is both stylish and durable, and the abundance of vinyl windows allows natural light to flood every room. The main floor greets you with a spacious living room, where a custom wall and a cozy fireplace create a warm and inviting atmosphere. This area seamlessly flows into the dining room, making it ideal for entertaining guests. The kitchen is a chef's dream, complete with newer cabinets, stainless steel appliances, granite countertops, and a stunning counter peninsula that offers storage and workspace. A separate family room on this level provides even more space for hosting, and a convenient 2-piece bathroom and mudroom add to the home's functionality. One of the standout features of this home is the eye-catching 12mm glass staircase with stainless steel accents, leading you to the upper level where you'll find four generously sized bedrooms, including a spacious primary bedroom. A beautifully appointed 4-piece bathroom serves this floor, ensuring comfort for the entire family. The finished basement offers a large recreation room, perfect for movie nights or a play area for the kids, along with a bonus room that can be used as a home office or guest room. A full bathroom on this level adds convenience, and the utility room, complete with a washer and dryer, offers ample storage space. Two new egress windows in the basement enhance safety and bring in natural light. Outside, the large backyard is a true oasis, featuring a shed, patio, and deck, providing plenty of space for outdoor activities and relaxation. The detached double car garage is a rare find, heated, insulated, and equipped with 220-amp service, making it perfect for use as a workshop. The front of the home is equally charming, with partial newer exterior paint and a lovely front porch that’s perfect for enjoying your morning coffee. The majority of the fence is made of a durable vinyl material. Located in the high-amenity neighborhood of Rundle, this home is just minutes away from Peter Lougheed Hospital, Rundle LRT station, a variety of restaurants, grocery stores, playgrounds, and schools. Additionally, it offers easy access to major roadways, including 16 Avenue, Deerfoot Trail, and 52 Street, making commuting a breeze.Don’t miss your chance to own this stunning, move-in-ready home in a prime location!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
2 Storey
Total Living Area:
1,388.62 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,402 sq. ft.
Lot Frontage:
44'
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:
Northwest
Reg. Size:
Reg. Size Includes:
Levels:
Two
Total Rooms Above Grade:
8
Year built:
1976 (Age: 48)
Bedrooms:
5 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
7511020
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric
Garage:
1
Garage Spaces:
2
Parking:
220 Volt Wiring, Alley Access, Covered, Double Garage Detached, Garage Door Opener, Heated Garage, Insulated, On Street
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Rundle
Dishwasher, Electric Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer
n/a
See Remarks
Floor
Type
Size
Other
Main Floor
Dining Room
11'8" × 10'2"
Main Floor
Family Room
13'9" × 11'11"
Main Floor
Kitchen
11'8" × 9'6"
Main Floor
Living Room
13'2" × 11'10"
2nd Floor
Bedroom
9'8" × 9'7"
2nd Floor
Bedroom
11'9" × 9'
2nd Floor
Bedroom
9'10" × 8'5"
2nd Floor
Bedroom - Primary
13'2" × 11'7"
Basement
Bedroom
11'5" × 9'9"
Basement
Game Room
16'8" × 14'5"
Basement
Storage
5'1" × 2'11"
Basement
Furnace/Utility Room
15' × 12'
Floor
Ensuite
Pieces
Other
Main Floor
No
2
6'2" x 2'7"
2nd Floor
No
4
6'7" x 8'5"
Basement
No
4
5' x 7'10"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Built-in Features, Ceiling Fan(s), Closet Organizers, Granite Counters, No Animal Home, No Smoking Home, Recessed Lighting, See Remarks, Storage, Vinyl Windows
Exterior Features:
Garden, Lighting, Private Entrance, Private Yard, Rain Gutters, Storage
Patio And Porch Features:
Deck, Front Porch, Patio
Lot Features:
Back Yard, City Lot, Garden, Low Maintenance Landscape, Landscaped, Street Lighting, Private, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NE
Zoning:
R-CG
Listed Date:
Aug 22, 2024
Days on Mkt:
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Listed by Real Broker
Data was last updated November 3, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$559,900
Min list price:
$269,900
Max list price:
$1,299,900
Avg days on market:
18
Min days on market:
3
Max days on market:
92
Avg price per sq.ft.:
$468.02
These statistics are generated based on the current listing's property type and located in Rundle. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706