Court-ordered sale

$499,000

Originally listed at $540,000

319 Rundlelawn Road NE

Rundle, Northeast Calgary, AB T1Y 3P2

9 bedrooms · 2.5 bathrooms · 1,104 sq ft

Buying a court-ordered sale

Can I put conditions on my offer?
No. Financing must be in place before you offer. You can usually book a home inspection before the court date, but it can't be a condition.
Will they counter or negotiate?
No. The court doesn't counter. All offers go before the judge on the court date, who accepts one and rejects the rest, or rejects them all.
How long until I know?
Weeks to months while the lender's lawyer waits for a court date. Until the sale closes, the owner can pay the arrears and stop it.

How court-ordered sales work, step by step →

About this house

This renovated four-level split boarding house presents an excellent opportunity to add to your rental portfolio, featuring a total of nine separate bedrooms available for rent. The upper level offers a spacious primary bedroom with a private two-piece ensuite, two additional bedrooms, and a separate bathroom. The main level features two bedrooms and a shared kitchen. The third level (lower level) has a separate entrance and includes a laundry room and three bedrooms. The basement offers a shared four-piece bathroom, a shared kitchen, and a common dining area. Additional income potential exists with the double garage, which could be rented out separately. Conveniently located just minutes from a wide variety of shopping amenities, the CTrain, and Peter Lougheed Hospital, this property offers excellent accessibility and rental potential. For added flexibility, the home could be renovated back to a traditional single-family layout or configured as separate upper- and lower-level rental units. A versatile investment opportunity with multiple potential rental configurations in a convenient location! Note that this is a judicial listing and all the unconditional offers will be considered

Details

Status
Active
MLS® number
A2331168
Type of sale
Court-ordered sale
Property type
Detached
Community
Rundle
Year built
1977
Style
4 Level Split
Bedrooms
9
Bathrooms
2 full, 1 half
Living area
1,104 sq ft (above grade)
Lot size
3,993 sq ft
Zoning
R-C1
Price per sq ft
$452
Basement
Full, Finished
Parking
Double Garage Detached
Ensuite
Yes
Possession
Other/See Remarks
Listed
July 21, 2026

Features

Heating & cooling
Forced Air, None
Appliances
None
Exterior
None, Wood Frame

Location

Use Up close to check for busy roads, train tracks and commercial neighbours.

Estimated monthly cost

Mortgage (20% down, 4.49%, 25 years)$2,207
Property tax (2026: $3,737 ÷ 12)$311
Total before utilities and insurance$2,519

An estimate only. Your rate, down payment and mortgage insurance will change it.

What houses sold for in Rundle

In the last 12 months, 51 houses sold in Rundle (all sales, not just foreclosures) at a median price of $565,000 ($474 per sq ft), after a median of 22 days on the market. This one is listed at $452 per sq ft, 5% below that median.

Price per square foot doesn't account for condition, upgrades, lot, view or parking, and foreclosures are sold as is. Ask Jerry for a full comparison before you offer.

Listing courtesy of LPT Realty. MLS® A2331168.

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