Bank Owned Foreclosures - Court Ordered Properties

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Buying bank-owned and court-ordered foreclosures for primary homes and/or investment properties are not for everyone. More rules must be followed, and more risks to be taken. However, with the help of qualified, experienced Realtors®, buying foreclosures can be a rewarding venture. Contact us anytime to see if foreclosures could work for you. 



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15 Pump Hill Close SW
Pump Hill Calgary T2V 5E5

$2,900,000
Residential beds: 6 baths: 7.0 5,691 sq. ft. built: 1976

Main Photo: 15 Pump Hill Close SW Calgary
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A1203763
Bedrooms:
6
Bathrooms:
7
Year Built:
1976
This outstanding Pump Hill property offers a rare opportunity to live on one of Calgary’s most exclusive and affluent cul-de-sacs. Surrounded by elegant high-end luxury homes you will love this quiet location of Pump Hill Close SW. This massive irregular pie shaped lot measures 1.68 acres, one of the largest urban parcels in the City of Calgary. This well treed lot sides onto a green belt to the west and a park to the south. This 5-level split boasts over 8,000 sq ft of living space with 6 bedrooms and 7 bathrooms. Perfectly designed to take advantage of the city skyline and downtown views. Inside you will find vaulted ceilings with skylights and white marble flooring leading you through the open floor plan with huge principal rooms. The kitchen features Corian countertops, numerous cabinetry and plenty of counterspace. The primary bedroom boasts 800 sq feet of luxury with a stone fireplace, a 5-piece ensuite and a large walk-in closet with panoramic city views. Follow the 250-foot winding driveway passed landscaped gardens to your triple attached garage. You can choose to enjoy the existing grandeur of this home or design and build your new dream home on this incredible parcel of land. This unparalleled location on a quiet cul-de-sac in desirable Pump Hill is close to Rockyview Hospital, Glenmore Reservoir, Sailing Club, Glenmore Landing Shopping Centre and located minutes from downtown.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
5 Level Split
Total Living Area:
5,691 sq. ft.
Main Level Finished Area:
2,843.4 sq. ft.
Upper Level Finished Area:
2,847.6 sq. ft.
Below Grade Finished Area:
3,100 sq. ft.
Lot Area:
1.68 acre(s)
Lot Frontage:
43'10"
Front Exposure:
Northeast
Levels:
5 Level Split
Total Rooms Above Grade:
12
Year built:
1976 (Age: 46)
Bedrooms:
6 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Bathrooms:
7.0 (Full:4, Half:3)
Plan:
8310940
Heating:
Baseboard, Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Cedar, Stone, Wood Frame
Structure Type:
House
Roof:
Cedar Shake
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Marble
Cooling:
None
Fireplaces:
5
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
12.0
Parking Total/Covered:
12 / -
Laundry Features:
Main Level
Pump Hill
None
N/A
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
29'3" × 20'7"
Main Floor
Dining Room
20'5" × 12'9"
Main Floor
Kitchen
15'9" × 13'3"
Main Floor
Breakfast Nook
15'9" × 10'5"
Main Floor
Family Room
19'10" × 15'9"
Main Floor
Den
9'4" × 5'11"
Main Floor
Laundry
12'6" × 9'1"
Main Floor
Mud Room
26'8" × 5'10"
Main Floor
Sunroom/Solarium
16'3" × 13'3"
Upper Level
Bedroom - Primary
34'3" × 27'4"
Upper Level
Bedroom
16'6" × 11'10"
Upper Level
Bedroom
20' × 12'1"
3rd Floor
Office
19'10" × 18'5"
4th Floor
Loft
15'6" × 15'1"
4th Floor
Loft
11' × 6'8"
Lower Level
Bedroom
16'7" × 11'8"
Lower Level
Bedroom
14' × 12'1"
Lower Level
Bedroom
14'10" × 14'2"
Lower Level
Exercise Room
22'4" × 15'5"
Lower Level
Furnace/Utility Room
24'5" × 22'6"
Lower Level
Furnace/Utility Room
16'9" × 12'10"
Basement
Storage
6'5" × 3'3"
Basement
Wine Cellar
15'11" × 6'1"
Basement
Game Room
39'4" × 28'9"
Basement
Other
13'8" × 6'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'7" x 5'1"
Upper Level
Yes
5
14'7" x 21'5"
Upper Level
No
5
10'9" x 7'10"
Upper Level
No
1
3' x 1'10"
Lower Level
Yes
4
13'8" x 8'7"
Lower Level
No
4
13'8" x 8'7"
Basement
No
2
6' x 5'4"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Schools Nearby, Playground, Sidewalks, Street Lights, Tennis Court(s), Shopping Nearby
Interior Features:
Bar, Beamed Ceilings, High Ceilings
Exterior Features:
Dog Run, Fire Pit
Patio And Porch Features:
Deck
Lot Features:
Backs on to Park/Green Space, Cul-De-Sac, Irregular Lot, Landscaped, Private, Sloped, Treed, Views
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-C1L
Listed Date:
Apr 08, 2022
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Virtual Tour

Listed by RE/MAX LANDAN REAL ESTATE
Data was last updated June 27, 2022 at 05:30 AM (UTC)
Jerry Charlton
Al Wiebe
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Buying Calgary Foreclosures Frequently Asked Questions - FAQs

The Owner Stops Paying the mortgage

Does the owner have any equity left in the property?

If No Owner Equity, Then Title goes directly to the bank, lender or insurer. The Bank, Lender or Insurer will list the property for sale

If There Is Owner Equity, The property is listed for sale by the Court of Queens Bench of Alberta. The owner still has the option to redeem the property

Important Information To Know When Buying Alberta Foreclosures

Offers To Purchase a Foreclosure in Alberta The Banks The Courts
Are Conditions Allowed? Yes No
Will They Counter Offer? Yes No
Can you set the possession date? Yes No
Are Appliances Included? No No
Will any repairs be made? No No
Are Real Property Reports Included? No No
Are Condo Documents Included? No No
Are there warranties on anything? No No
Do I put a Deposit with the Offer to Purchase? Within 3 Days Yes, with the offer

What Are the Conditions when buying an Alberta Foreclosure?

The most common conditions on Offers To Purchase a home include Subject To Buyers Financing, Subject To Buyer's Approval of A Home Inspection, Subject to the Sale of A buyer's Home, and subject to buyers' due diligence.

What Are Counter Offers?

When you make someone an offer on anything including a house chances are you will get a counteroffer. With foreclosures listed by the Court of Queens Bench of Alberta, you will not get a counteroffer.

What Are Foreclosure Possession Dates?

The foreclosure possession date is the day the money for a house gets transferred from banks and lawyers. After the lawyers are happy with everything then the buyer gets the keys to the property.

Why aren't appliances included?

Bank Owned and Court Ordered Foreclosed Homes are Sold "As Is". The banks and courts have never seen these homes and have no idea if appliances or anything else works. Therefore they do not include anything in the sale. If appliances are in the house on possession day, they are part of the deal then.

Why won't any repairs be made?

Alberta Foreclosures are priced "As Is". Banks and courts do not hire tradespeople to do anything other than stop by the property on a regular basis to make sure the property is secure. They are not in the fix-n-flip business.

What Are Real Property Reports?

A Real Property Report is best described as showing you in blueprint form what you are buying that you can't see. Where is the property line? Are there gas lines or water lines running under the property? Is the fence on your property or the neighbours? A Real Property Report is not supplied by the courts or the banks when selling a foreclosure.

What Are Condo Documents?

Every Condo is part of a Condo Board. The Condo Board meets regularly and records the minutes of the meetings. The board hires management companies and accountants. The Board in the general administration of the property generates a lot of paperwork. Condo Documents like Real Property Reports will tell you what else you are buying into that you can't see with your own eyes.

What Are Warranties?

Warranties are those annoying things they try to upsell you on every time you buy something. In a home sale, a warranty covers a lot of ground in a normal sale. In the sale of foreclosure in Calgary, there are zero warranties on anything. Nothing is backed by anybody. When you buy a foreclosure and something is wrong, tough luck, that's one reason you got a great price.

What is a Redemption Period?

In the Redemption period of a Calgary Court Ordered Sale, the owner is still on legal title and has the option to make good on all arrears and penalties to reclaim the property and stop the foreclosure process.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.