Bank-owned

$179,000

Originally listed at $249,900

3202, 315 Southampton Drive SW

Southwood, South Calgary, AB T2W 2T6

2 bedrooms · 1 bathrooms · 819 sq ft

Monthly fee $503.85/mo (.62 Sq Ft)

Covers: Amenities of HOA/Condo

Buying a bank-owned home

Can I put conditions on my offer?
Yes. Banks usually accept financing, inspection and condo document conditions.
Will they counter or negotiate?
Yes. The bank is on title, so it can counter-offer like a regular seller.
How long until I know?
Usually a few days, rarely more than a week.

How bank-owned sales work →

About this condo

Investors or First-time home buyers do not miss this chance to own a fantastic second floor 2 bed and one bath apartment condo. Ideally located at Elbow Drive and Anderson Road, you’re just minutes from South Centre Mall, Stoney Trail, schools, and public transit including the LRT. This spacious two-bedroom layout offers ample square footage a solid foundation to make it truly your own! The inviting living room features a cozy wood-burning fireplace, creating a warm focal point for those cozy evenings, and the functional kitchen offers ample cabinet and counter space along with a newer dishwasher., and a convenient four-piece bath. This well-established building with lower condo fees, 0ffers exceptional value. Residents enjoy fantastic amenities, including tennis courts, a fitness centre, a racquetball court, and a social area with a full kitchen, perfect for entertaining larger gatherings. Don’t miss wonderful opportunity to get into the market and customize a home to your taste.

Details

Status
Active
MLS® number
A2305066
Type of sale
Bank-owned
Property type
Apartment
Community
Southwood
Building
Southampton Green
Storeys in building
3
Year built
1976
Style
Apartment-Single Level Unit
Bedrooms
2
Bathrooms
1 full
Living area
819 sq ft (above grade)
Zoning
M-C1 d75
Price per sq ft
$219
Parking
Stall
Fireplaces
1
Pets
Restrictions
Possession
15 Days / Neg
Listed
April 30, 2026

Features

Building amenities
Clubhouse, Coin Laundry
Heating & cooling
Baseboard, Hot Water, Natural Gas, None
Flooring
Carpet, Linoleum
Appliances
Dishwasher, Electric Stove, Refrigerator
Interior
Laminate Counters, Walk-In Closet(s)
Exterior
Playground, Tennis Court(s), Wood Siding

Location

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

Estimated monthly cost

Mortgage (20% down, 4.49%, 25 years)$792
Monthly fee$504
Property tax (2025: $1,362 ÷ 12)$114
Total before utilities and insurance$1,409

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

What condos sold for in Southwood

In the last 12 months, 11 condos sold in Southwood (all sales, not just foreclosures) at a median price of $184,000 ($237 per sq ft), after a median of 43 days on the market. This one is listed at $219 per sq ft, 8% 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 Optimum Realty Group. MLS® A2305066.

More foreclosures in South Calgary

115 Deerfield Drive SE, Deer Ridge, Calgary foreclosure townhouse
Court-ordered sale
$279,900
2 bd · 1 ba · 830 sq ft
115 Deerfield Drive SE
Deer Ridge · Townhouse
Monthly fee $413/mo (.50 Sq Ft)
138 Silver Spruce Grove SW, Silverado, Calgary foreclosure house
Court-ordered sale
$765,000
4 bd · 3.5 ba · 2,238 sq ft
138 Silver Spruce Grove SW
Silverado · House
1407, 215 Legacy Boulevard SE, Legacy, Calgary foreclosure condo
Court-ordered sale
$217,000
1 bd · 1 ba · 505 sq ft
1407, 215 Legacy Boulevard SE
Legacy · Condo
Monthly fee $318/mo (.63 Sq Ft)
14 Bridlewood Manor SW, Bridlewood, Calgary foreclosure house
Court-ordered sale
$510,000
2 bd · 1.5 ba · 1,245 sq ft
14 Bridlewood Manor SW
Bridlewood · House

All South Calgary foreclosures → All foreclosure condos →