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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.
120 15 Street NW
Calgary
T2N 2A7
$995,000
Residential
beds: 3
baths: 2.0
1,567 sq. ft.
built: 1911
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2188674
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1911
- Photos (45)
- Schedule / Email
- Send listing
- Mortgage calculator
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Schedule a viewing:
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As featured and highlighted in Calgary's Avenue Magazine! This home is one of a kind and unlike any other home you will ever come across. Enjoy an experience and a welcoming surprise from the very first moment you step in through the entrance. Delight your guests within this luxurious 1.5 Storey bungalow style located in one of Calgary's thriving top inner city neighbourhoods situated in a prime yet peaceful location at the heart of Kensington. This modern, newly reconstructed home is only a few blocks away from one of Calgary's most frequented nightlife locations, a variety of bakeries, deli's, shops and restaurants, across the river from the Downtown CityCentre, the cherished Bow River Pathways, Queen Elizabeth School, The Southern Alberta Institute of Technology, The Alberta University of the Arts, The Southern Jubilee Auditorium and the children's much loved Riley Park. Discover this unique Masterpiece that immerses you in a world of humble elegance, history and modern comfort. This beautiful home welcomes you with character of a quaint exterior and immediately wows upon entrance with high vaulted ceilings, illuminated open riser stairs and an unexpected luxurious space. Surprise your family and guests in style and comfort with memorable evenings in your private back yard, perfect for entertaining as well as a brand new double car garage. Highlights include a large and unique Lofted space that can be utilized as a Master Bedroom or an Exceptional Entertainment/Tv/Bonus room with 2 additional spacious bedrooms and 2 full bathrooms on the main. Enjoy additional features of Full Height Italian Tiles, a steam shower, in floor heating and the extra touch of a towel warmer in the master bathroom. Enjoy the longevity of high quality granite, high quality insulation throughout, and the durability of Hardie siding Exterior. This property comes with everything new from the brand new deck, front porch, new roof, double car garage, fence, furnace, water heater, electrical, and plumbing. If you're looking for a piece of architectural art to call home, this a must see! Book your showing today.
- 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:
- 1 and Half Storey
- Total Living Area:
- 1,567 sq. ft.
- Main Level Finished Area:
- 1,101 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 3,369 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:
- West
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Unit Exposure:
- West
- Levels:
- One and One Half
- Total Rooms Above Grade:
- 7
- Year built:
- 1911 (Age: 114)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 6219L
- Heating:
- Forced Air, Natural Gas
- Basement:
- Partial, Partially Finished
- Foundation:
- Poured Concrete
- New Constr.:
- Yes
- Construction Material:
- Cedar, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Hardwood, Tile
- Cooling:
- Other
- Fireplaces:
- 0
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Alley Access, Double Garage Detached
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement
- Hillhurst
- Dishwasher, Gas Stove, Microwave, Refrigerator, Washer/Dryer
- n/a
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 12'5" × 8'11"
- Main Floor
- Bedroom
- 10'6" × 9'7"
- Main Floor
- Dining Room
- 25' × 9'
- Main Floor
- Living Room
- 23'6" × 7'9"
- Main Floor
- Kitchen
- 13'6" × 9'11"
- Upper Level
- Office
- 13'6" × 4'11"
- 2nd Floor
- Bedroom - Primary
- 21'3" × 17'2"
- Basement
- Laundry
- 6'10" × 5'2"
- Basement
- Storage
- 15'3" × 13'11"
- Basement
- Furnace/Utility Room
- 12'5" × 7'8"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'11" x 9'
- Main Floor
- Yes
- 4
- 4'11" x 13'4"
- Title to Land:
- Fee Simple
- Community Features:
- Other, Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Built-in Features, Chandelier, Closet Organizers, Double Vanity, Dry Bar, French Door, Granite Counters, High Ceilings, Kitchen Island, Steam Room, Vaulted Ceiling(s)
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- Balcony(s), Deck, Front Porch
- Lot Features:
- Back Lane, Back Yard, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- R-C2
- Listed Date:
- Jan 18, 2025
- Days on Mkt:
- Signup
-
Interior Vision with Furniture -
Interior Vision without Furniture
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Loft as a bedroom option
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Loft as an Entertainment/Tv/Lounge Room
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Steam Shower
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Build-In Dry Bar with built in seating bench
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The Neighbourhood
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Virtual Tour
Listed by Royal LePage Solutions
Data was last updated June 4, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $799,900
- Min list price:
- $235,000
- Max list price:
- $10,000,000
- Avg days on market:
- 42
- Min days on market:
- 2
- Max days on market:
- 677
- Avg price per sq.ft.:
- $613.81
These statistics are generated based on the current listing's property type
and located in
Hillhurst. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
111 - 338 Seton Circle Southeast
$290,000
MLS®#: A2215400
Bedrooms: 2
Bathrooms: 1.0
Floor Area: 654.17 sq. ft.
CIR Realty