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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.
Jun 07, 2025
02:00 PM
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04:00 PM
MDT
46 Varsity Estates Close NW
Calgary
T3B 5J2
$1,890,000
Residential
beds: 4
baths: 5.0
2,307 sq. ft.
built: 1987
Open House
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Jun 07, 2025
02:00 PM
-
04:00 PM
MDT
NOTES: Open House on Saturday, June 7, 2025 2:00PM - 4:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2219116
- Bedrooms:
- 4
- Bathrooms:
- 5
- Year Built:
- 1987
- Photos (50)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Welcome to Varsity Estates! This home has been meticulously and extensively renovated by Platinum Builders and features stunning design elements by Maxime Chin Interiors. A seamless blend of modern sophistication and timeless elegance!
Nestled in a peaceful cul-de-sac, this bungalow boasts nearly 4,000 sq/ft of living space.
Upon entering the foyer, you’ll be greeted by custom-built ins and a convenient mudroom off the garage, perfect for organizing your essentials. A main-floor office, located just off the front entrance, provides an ideal work-from-home setup with glass doors allowing natural light to pour in while maintaining privacy.
The main floor offers an expansive open-concept design, seamlessly connecting the dining and bar area, living room, and custom-designed chef’s kitchen. The kitchen is a true centrepiece, featuring striking Vicostone Quartz honed countertops, providing a spacious and durable prep area with additional seating—ideal for entertaining. The rift-cut white oak cabinetry, paired with timeless hunter green millwork accents, creates the perfect balance of modern elegance and classic design. A key feature of the kitchen is the concealed paneled doorway leading to the pantry, offering both style and convenience when hosting.
Finishing off the main floor is a half bath, laundry room, and two bedrooms, each with its own ensuite bathroom and walk-in closet. The primary bathroom is a luxurious retreat, featuring double vanities, a soaker tub, and a steam shower. The primary bedroom is a serene oasis, with sliding glass doors that open directly onto the deck, providing the perfect spot to enjoy your morning coffee.
The lower level offers versatile living space with two additional bedrooms and two bathrooms, including one bedroom with its own private ensuite bath. A standout feature of this level is the custom wet bar area, complete with a beautifully designed wine cellar. The theatre room is an ideal setting for movie nights, while the adjacent spacious family room provides a relaxing space for unwinding or hosting guests. Rounding out the basement is a dedicated home gym, offering a convenient space for fitness and wellness.
Varsity is known as one of the best NW communities, previously voted #1 in Avenue Magazine. It is ideally located close to schools, the University District, Market Mall, hospitals, and is surrounded by the picturesque Silver Springs Golf Course.
- 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:
- Bungalow
- Total Living Area:
- 2,307.13 sq. ft.
- Main Level Finished Area:
- 2,307.13 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 1,609.03 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 8,955 sq. ft.
- Lot Frontage:
- 67'3⅛"
- 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
- Levels:
- One
- Total Rooms Above Grade:
- 7
- Year built:
- 1987 (Age: 38)
- Bedrooms:
- 4 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 5.0 (Full:4, Half:1)
- Plan:
- 8510926
- Heating:
- Central, Forced Air, Natural Gas
- Basement:
- Finished, Full
- Foundation:
- Wood
- New Constr.:
- Yes
- Construction Material:
- Brick, Mixed, Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- Rough-In
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Attached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Laundry Room, Main Level
- Varsity
- Bar Fridge, Dishwasher, Dryer, Garage Control(s), Gas Stove, Microwave, Range Hood, Refrigerator, Washer
- Upstairs and Downstairs Bar Fridges
- Restrictive Covenant, Underground Utility Right of Way
- Floor
- Type
- Size
- Other
- Main Floor
- Foyer
- 12'10" × 9'10"
- Main Floor
- Office
- 13' × 11'11"
- Main Floor
- Mud Room
- 7'11" × 7'11"
- Main Floor
- Laundry
- 8'1" × 7'11"
- Main Floor
- Bedroom - Primary
- 13'3" × 10'
- Main Floor
- Bedroom - Primary
- 15'9" × 14'5"
- Main Floor
- Dining Room
- 9'9" × 9'5"
- Main Floor
- Kitchen
- 25'1" × 14'7"
- Main Floor
- Living Room
- 16'1" × 15'1"
- Basement
- Bedroom
- 13'1" × 11'2"
- Basement
- Bedroom
- 11'4" × 11'2"
- Basement
- Den
- 12'10" × 12'8"
- Basement
- Family Room
- 40'11" × 38'4"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 3
- 5' x 9'
- Main Floor
- Yes
- 5
- 15'9" x 8'4"
- Main Floor
- No
- 2
- 3'6" x 7'7"
- Basement
- Yes
- 3
- 9'5" x 7'
- Basement
- No
- 4
- 9'3" x 6'
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Bar, Bookcases, Built-in Features, Chandelier, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, Natural Woodwork, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Recessed Lighting, Soaking Tub, Storage, Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s), Wet Bar
- Exterior Features:
- Balcony, Private Yard
- Patio And Porch Features:
- Balcony(s), Deck
- Lot Features:
- Cul-De-Sac, Landscaped, No Neighbours Behind, Treed
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NW
- Zoning:
- R-CG
- Listed Date:
- May 08, 2025
- Days on Mkt:
- Signup
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Hidden Pantry
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Main Floor Primary
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Main Floor Primary
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Main Primary Ensuite
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Main Primary Ensuite
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Primary Closet
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2nd Primary Main Floor
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2nd Primary Main Floor
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2nd Primary Ensuite
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2nd Primary Ensuite
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Main Floor 1/2 Bath
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Main Floor Laundry
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Mudroom Off Garage
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Basement Wet Bar
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Fitness Area
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Living Room
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Living Room
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Theatre Room
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Theatre Room
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Basement Primary
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Basement Primary Ensuite
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Basement Primary Ensuite
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2nd Basement Bedroom
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Basement Bathroom
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Virtual Tour
3D Tour
Listed by Real Broker
Data was last updated June 6, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 50
- Avg list price:
- $412,450
- Min list price:
- $209,000
- Max list price:
- $2,825,000
- Avg days on market:
- 31
- Min days on market:
- 1
- Max days on market:
- 115
- Avg price per sq.ft.:
- $412.59
These statistics are generated based on the current listing's property type
and located in
Varsity. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
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$739,900
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Bedrooms: 3
Bathrooms: 3.0
Floor Area: 1,397.11 sq. ft.
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