Bank Owned Foreclosures - Court Ordered Properties

Homes, Houses, Townhomes, Condos, Land, Rental Properties, Fix n Flip Opportunities


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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19 Sherwood Heath NW
Sherwood Calgary T3R 1P4

$799,000
Residential beds: 6 baths: 4.0 2,930 sq. ft. built: 2005

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Status:
Active
Prop. Type:
Residential
MLS® Num:
A1216418
Bedrooms:
6
Bathrooms:
4
Year Built:
2005
Welcome to the property with endless opportunities in this 2-story in sought out neighbourhood of SHERWOOD Incredible VALUE for this BEAUTIFUL home with a WALKOUT basement sitting on a MASSIVE LOT - almost 9000 square feet with amazing landscaping on a quiet cul-de-sac. The main floor is designed for entertaining and living. Entering the house we are taken directly to the large office with vaulted ceilings and large windows (could be counted as 6th bedroom). Moving onto the beautiful layout the living room with a gas FIREPLACE and formal dinning room (could be used for a home office, kids playroom and so much more). The gourmet kitchen features GRANITE countertops, an ISLAND stretching across the kitchen, flooded with natural light with patio doors leading you to the large deck viewing over your maintenance free beautifully landscaped back yard. Along with tons of space for a large dinning table adjacent the island. The kitchen features a walk through pantry leading through to the mud room/laundry, then further taking you to the garage. Lastly the two piece powder room completes the main floor. The lighted staircase takes you in two directions one being towards the large BONUS room and the other to the bedroom retreats with two bedrooms with massive closets then ending with the spacious primary bedroom with a lavish ENSUITE with a corner jetted tub, a SEPARATE shower and a LARGE walk in closet.. The WALKOUT basement is finished with a second KITCHEN, theatre room, Rec room with a 3 sided FIREPLACE, 2 bedrooms and another full bathroom. Close to schools, shopping, transit and more! Don’t miss out on this great home!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
2 Storey
Total Living Area:
2,930 sq. ft.
Main Level Finished Area:
1,452.28 sq. ft.
Upper Level Finished Area:
1,478.37 sq. ft.
Lot Area:
8,977 sq. ft.
Lot Frontage:
24'8"
Front Exposure:
North
Levels:
Two
Total Rooms Above Grade:
8
Year built:
2005 (Age: 17)
Bedrooms:
6 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Bathrooms:
4.0 (Full:3, Half:1)
Plan:
0412848
Heating:
Forced Air
Basement:
Finished, Suite, Walk-Out
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Other
Fireplaces:
2
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
Laundry Room, Main Level
Sherwood (Calgary)
None
N/A
None Known
Floor
Type
Size
Other
Main Floor
Breakfast Nook
18'2" × 11'3"
Main Floor
Bedroom
13'10" × 9'10"
Main Floor
Dining Room
21'4" × 12'3"
Main Floor
Kitchen
16'6" × 9'9"
Main Floor
Laundry
11'6" × 11'2"
2nd Floor
Living Room
18'4" × 12'9"
2nd Floor
Bedroom
11'4" × 10'11"
2nd Floor
Bedroom
11'10" × 11'3"
2nd Floor
Bonus Room
18'11" × 18'9"
2nd Floor
Bedroom - Primary
18'1" × 14'11"
Basement
Bedroom
11'1" × 9'7"
Basement
Bedroom
10'1" × 9'7"
Basement
Kitchen
13'11" × 7'3"
Basement
Game Room
26'6" × 18'5"
Basement
Furnace/Utility Room
16'10" × 5'1"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2'10" x 7'11"
2nd Floor
Yes
5
7'10" x 11'3"
2nd Floor
Yes
5
16'1" x 11'1"
Basement
No
3
4'11" x 10'7"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby
Interior Features:
Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Irregular Lot, Pie Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone N
Zoning:
R-1N
Listed Date:
May 12, 2022
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Listed by RE/MAX REAL ESTATE (CENTRAL)
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.