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Cody Battershill

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Calgary Condo Guide to Foreclosures

Your Guide to Buying Calgary Condominium ForeclosuresCondo Foreclosure Tips

If you are thinking about buying a Calgary condo foreclosure listing then you need to make sure you understand the process, any risks and how to protect yourself.

Here’s a quick overview to some of the pitfalls of buying a foreclosure and how you can avoid them.

Do Your Due Diligence

For starters, see my article on doing your Calgary Condo Diligence; this process applies to every condominium regardless of whether it is being sold by a seller or a bank. Victoria Park Condos CalgaryChocolate Condos Victoria Park CalgaUnion Square Calgary Condos Victoria Park

When you buy a Calgary condominium from a seller they will provide you with copies of the most current condominium documents as described in your offer to purchase. The difference with buying a foreclosure is the bank typically will not provide you with these documents and you would have to obtain them on your own and for a price.

There are ways you can acquire the condominium documents for the best possible cost. To discuss this and other tips contact me anytime and I will be happy to go over those details with you.

Another major difference when you are buying a Calgary condo foreclosure is that when you go to get a mortgage – depending on your qualifying criteria – in some instances banks will not lend money for condo buildings with known problems, special assessments or with incomplete and or missing condominium documents.

This is another reason why you need a Calgary Condominium REALTOR® and Certified Condominium Specialist (CCS®) as your expert adviser to help you navigate the transaction. My only goal is to help you accomplish your real estate goals with all of your interests protected and a focus on getting the best value possible. Protect your interests when buying a Calgary condo foreclosure!

Want to hear more about the best way to buy a foreclosure condo listing in Calgary? Send me a message below!

Search all Calgary Condo Foreclosures

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  • 500J 500 EAU CLAIRE Avenue SW in Calgary: Eau Claire Condo for sale : MLS®# C4255732

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    $1,200,000
    Apartment
    Status:
    Active
    MLS® Num:
    C4255732
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    4,362 sq. ft.
    Enjoy the ultimate in luxury living in this exceptional penthouse in the heart of Eau Claire. A private access elevator takes you to your own lobby and into your over 4,300 sq ft two level suite. Gorgeous hardwood floors, vaulted ceiling, custom built-ins and spectacular views are only a few of the features giving this home a unique feel. The kitchen with breakfast nook/great room has a stunning feature wall, high end built in appliances, custom cabinetry and a huge island. Enjoy entertaining in your grand formal dining and living rooms, which features a unique wood burning fireplace. The master has two closets as well as ensuite with custom walk in shower. Outdoor living can be enjoyed on the large private patio which can be accessed from both the master and kitchen. The upper level has a bonus/flex room, a 3 piece bath and two additional bedrooms, one with an ensuite and walk in. All this plus high end amenities (full security, indoor pool, sauna, fitness club, party room) and 4 titled parking spots. More details
    Listed by RE/MAX LANDAN REAL ESTATE
    CODY BATTERSHILL
  • 21 3201 RIDEAU Place SW in Calgary: Rideau Park House for sale : MLS®# C4262934

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    $940,000
    Attached
    Status:
    Active
    MLS® Num:
    C4262934
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    2,221 sq. ft.
    WOW!! Enjoy the amazing views of the downtown Calgary & the Mountains! Welcome to Rideau Park! This unit offers over 2,200 Sq.Ft of total developed space & a double attached heated garage. Main floor consists of the kitchen/breakfast nook combo with a sit-up island & ceramic tiles overlooking the front courtyard & an outdoor swimming pool. Formal dining/living room combination offers hardwood flooring throughout, gas fireplace with custom built-ins & a feature glass floor-to-ceiling wall offering breathtaking views of the downtown Calgary. Second floor offers a laundry room, 3pc bathroom, 2 Bedrooms with Mountain Views, and a master retreat with vaulted ceilings, 5pc en-suite, walk-in closet & a balcony offering unobstructed view of the city. 3rd floor loft is perfect for an office/study room, comes with 3 skylights providing lots of natural light. This is a very rare unit with a huge potential, it must be seen to be appreciated. Private, Peaceful with Breathtaking Views & minutes to most everything. More details
    Listed by RE/MAX REAL ESTATE (MOUNTAIN VIEW)
    CODY BATTERSHILL
  • 502 611 EDMONTON Trail NE in Calgary: Crescent Heights Condo for sale : MLS®# C4255487

    Main Photo: 502 611 EDMONTON Trail NE in Calgary: Crescent Heights Condo for sale : MLS®# C4255487
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    $710,000
    Apartment
    Status:
    Active
    MLS® Num:
    C4255487
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,502 sq. ft.
    PENTHOUSE Condo on the ridge peak of Crescent Heights steps to Downtown with fabulous views. This Top floor penthouse has a 700+ sq ft patio with stoned gas fireplace, BBQ area, Cedar pergola and magnificent Views of the skyline. Step inside and you'll be greeted to heaps of luxury finishes including kitchen with custom cabinets, quartz island and a built in bar with wine rack. Entertainers dream living room + dining area are separated by a 2 sided gas fireplace. In a separate wing you will find 2 bedrooms, a Den, 2.5 baths, laundry room and a storage room. The master bedroom also has access to the Deck w/a walk in closet and has a 5 piece ensuite with large shower with 10 mm glass. 3 Titled heated underground parking stalls to store your collector cars or rent out for revenue, additional storage space located underground. A must to see, call today. More details
    Listed by MAXWELL CAPITAL REALTY
    CODY BATTERSHILL
  • 703 433 11 Avenue SE in Calgary: Beltline Condo for sale : MLS®# C4248458

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    $459,900
    Apartment
    Status:
    Active
    MLS® Num:
    C4248458
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,237 sq. ft.
    MODERN TWO BEDROOM, TWO BATHS and TWO TITLED underground parking stalls SE CORNER SUITE AT ARRIVA! The open concept kitchen, living and dining area boasts 9 foot ceilings, engineered hardwood/limestone flooring and striking views through floor-to-ceiling windows; offering panoramas of the Elbow River Valley, Stampede Park and Scotsman's Hill. A custom-designed contemporary kitchen features Snaidero duo-tone cabinetry in oak/high gloss lacquer, built-in/stainless steel Miele appliances and quartz counter-tops. The master is a restful retreat with a 4 piece en-suite with travertine tile surround & a light oak-trimmed vanity topped with quartz counters. Also included is full time security, central air conditioning, insuite Miele laundry, additional storage and an east facing balcony with a gas line. Situated in Victoria Park, a dynamic neighborhood filled with stylish eateries, cool urban parks, specialty grocers More details
    Listed by DIAMOND REALTY & ASSOCIATES LTD.
    CODY BATTERSHILL
  • 75 WEST SPRINGS Gate SW in Calgary: West Springs House for sale : MLS®# C4254173

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    $439,800
    Attached
    Status:
    Active
    MLS® Num:
    C4254173
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,040 sq. ft.
    Desirable property in a top notch location. Attached bungalow in West Springs with a private yard, detached double garage and NO condo fees! Perfectly suited for a family, a couple, or downsizing, this brand newly updated home speaks to many demographics. The main floor boasts a vaulted, open concept kitchen and living area featuring all new engineered flooring and paint. The skylight over the kitchen allows beautiful natural light to flood the space hi lighting the airy feel. Also on the main level are two bedrooms - one with a "cheater" full spa-like ensuite. Direct access to your west facing deck and back yard complete the exceptional main floor. If more space is required, the fully developed basement with brand new carpet and paint will surely dazzle. Down the stairs you will find a large recreation area complete with the home's second fireplace, surround sound, and bar area. In addition, you find a large third bedroom with walk-in closet, 4 pc bath, plus a separate studio room to round out the space. The garage is fully insulated, dry walled, and heated and could easily serve as a shop or man cave in addition to simply a place to park your cars. There is additional RV parking off the alley, and the roofs on both the house and garage were replaced in 2018. Within walking distance to a number of shops, restaurants, and schools, this home is a great opportunity to live in vibrant West Springs with complete flexibility. With all of these extras, your new home awaits. More details
    Listed by CIR REALTY
    CODY BATTERSHILL
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Data was last updated August 18, 2019 at 06:05 PM (UTC)
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Questions about Calgary Condo Foreclosures?

Get the best advice Cody Battershill REALTOR REMAXAs a top-producing REMAX real estate agent with over a decade of experience in buying and selling Calgary condos, I promise to help guide you throughout the process of foreclosures and provide you with all the information you need to make the best decisions.

Call me anytime at 403-370-4180 or message me below. I am looking forward to helping you accomplish your real estate goals!Remax Calgary Service Guarantee

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