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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.
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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.
3050 Signal Hill Drive SW
Calgary
T3H 2X7
$5,900,000
Residential
beds: 5
baths: 4.0
4,450 sq. ft.
built: 1991
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2140784
- Bedrooms:
- 5
- Bathrooms:
- 4
- Year Built:
- 1991
- Photos (31)
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Don't miss this exceptional opportunity in Signal Hill. This unique home, with interiors designed by Paul Levoie and architecture by Jenkins Architecture, sits on a 125' x 155' lot on Battalion Park Ridge, offering unobstructed sunset views over the Rocky Mountains. As you arrive via the circular drive, you'll be surrounded by mature trees and lush landscaping. French doors welcome you into the foyer, with sightlines extending to the backyard.
This home is perfect for entertaining, featuring both formal living and dining rooms, as well as a casual family room and dining area for more relaxed gatherings. At the center is the stunning kitchen, boasting a large island, 3" granite counters, Gaggenau ovens, a 6-burner Wolf range, and a granite slab backsplash. The main level also includes a deck that spans the length of the home, providing ample space to entertain, relax, and dine.
The upper level houses four spacious bedrooms, each with a sunny dormer nook. The primary suite features a large walk-in closet, an ensuite bath, and its own wood-burning fireplace, perfect for cozy evenings.
The walk-out lower level offers a spacious rec room with a bar and a temperature-controlled wine room. This level also includes an office, an art studio, a bedroom with an ensuite, and a media room currently used as a fitness room. The lower level opens to an expansive patio in the private south-facing backyard with scenic views. A staircase from the gazebo leads to a secluded garden, providing ultimate peace and tranquility.
This home is rich in details, including coffered ceilings, floor-to-ceiling cabinetry, two additional wood-burning fireplaces with ornate mantels, elegant drapery, built-ins, window shutters, hidden downspouts in the columns, and mature trees outside every window for added privacy. To truly appreciate all this home has to offer, it must be experienced in person.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- 2 Storey
- Total Living Area:
- 4,449.52 sq. ft.
- Main Level Finished Area:
- 2,309.4 sq. ft.
- Upper Level Finished Area:
- 2,563.58 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 2,140.13 sq. ft.
- Taxes:
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- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 18,115 sq. ft.
- Lot Frontage:
- 127'10"
- 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:
- North
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- Two
- Total Rooms Above Grade:
- 10
- Year built:
- 1991 (Age: 33)
- Bedrooms:
- 5 (Above Grd: 4)
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 9011517
- Heating:
- Forced Air
- Basement:
- Separate/Exterior Entry, Finished, Full, Walk-Out To Grade
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame, Wood Siding
- Structure Type:
- House
- Roof:
- Cedar Shake
- Ensuite:
- Yes
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- Central Air
- Fireplaces:
- 2
- Fireplace Details:
- Wood Burning
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Attached
- Parking Places:
- 6.0
- Parking Total/Covered:
- 6 / -
- Laundry Features:
- In Basement, Laundry Room, Lower Level
- Signal Hill
- Built-In Oven, Dishwasher, Dryer, Garage Control(s), Gas Stove, Range Hood, Refrigerator, Washer, Window Coverings
- Ovens x3, Refrigerator x2, Dishwasher x2, Garage heater, Projector, Alarm system, security camera
- Restrictive Covenant, Utility Right Of Way
- Floor
- Type
- Size
- Other
- Main Floor
- Breakfast Nook
- 15'1" × 7'7"
- Main Floor
- Dining Room
- 18'10" × 18'7"
- Main Floor
- Dining Room
- 17' × 13'7"
- Main Floor
- Family Room
- 21'2" × 19'8"
- Main Floor
- Foyer
- 9'3" × 9'1"
- Main Floor
- Kitchen
- 14'10" × 13'11"
- Main Floor
- Living Room
- 23'1" × 14'7"
- Main Floor
- Walk-In Closet
- 8'2" × 6'6"
- 2nd Floor
- Bedroom
- 16'8" × 15'
- 2nd Floor
- Bedroom
- 19'2" × 14'11"
- 2nd Floor
- Bedroom
- 15'1" × 14'11"
- 2nd Floor
- Bedroom - Primary
- 33'2" × 15'
- 2nd Floor
- Walk-In Closet
- 14'8" × 8'
- 2nd Floor
- Walk-In Closet
- 17'5" × 4'7"
- Basement
- Bedroom
- 22'1" × 14'1"
- Basement
- Exercise Room
- 18'5" × 12'9"
- Basement
- Laundry
- 14'10" × 5'7"
- Basement
- Office
- 16'2" × 13'2"
- Basement
- Game Room
- 26'2" × 24'7"
- Basement
- Storage
- 11'1" × 3'10"
- Basement
- Storage
- 9'4" × 8'3"
- Basement
- Hobby Room
- 16'1" × 14'10"
- Basement
- Furnace/Utility Room
- 33'6" × 8'
- Basement
- Walk-In Closet
- 12' × 3'10"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 7'10" x 4'5"
- 2nd Floor
- No
- 4
- 15'1" x 9'3"
- 2nd Floor
- Yes
- 4
- 14'8" x 14'3"
- Basement
- No
- 3
- 15' x 5'8"
- Title to Land:
- Fee Simple
- Community Features:
- Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Bookcases, Breakfast Bar, Built-in Features, Chandelier, Closet Organizers, Double Vanity, Kitchen Island, See Remarks, Storage, Walk-In Closet(s)
- Exterior Features:
- Garden, Lighting, Private Entrance, Private Yard
- Patio And Porch Features:
- Deck, Front Porch, Patio, Porch
- Lot Features:
- Back Yard, Lawn, No Neighbours Behind, Landscaped
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone W
- Zoning:
- R-C1
- Listed Date:
- Jun 13, 2024
- Days on Mkt:
- Signup
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3D Tour
Listed by Century 21 Masters
Data was last updated November 3, 2024 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 43
- Avg list price:
- $799,999
- Min list price:
- $225,000
- Max list price:
- $5,900,000
- Avg days on market:
- 32
- Min days on market:
- 1
- Max days on market:
- 157
- Avg price per sq.ft.:
- $410.95
These statistics are generated based on the current listing's property type
and located in
Signal Hill. 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