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26 Discovery Ridge Ln Sw, Calgary, AB

Discovery Ridge
Year Built
2004
Units
10
Building Type
Bareland condo

2026 Assessment

Avg Assessed
$876,200
Min Assessed
$854,000
Max Assessed
$925,000
0

Known Issues & Notes

Known Issues (news/court)

[lawsuit_or_court - condo fee arrears / foreclosure] An owner applied to clarify a prior order and reinstate an appeal of a master's order in a condo fee arrears lawsuit (unpaid fees totaling $8,143.73 as of March 31, 2009); the court found the earlier judge had struck the owner's appeal in its entirety as out of time, leaving the master's order standing, and dismissed the application for clarification and reinstatement. (2011-10-31); [lawsuit_or_court - condo fee arrears / foreclosure] An owner of four condo units disputed unpaid condominium contributions and caveats registered by Condo Corp No. 0311443, which had obtained summary judgment for $1,562.62 and sought foreclosure, while the owner's $200,000 counterclaim for mismanagement was summarily dismissed; on appeal, the Court of Appeal refused to strike the owner's appeal, holding that the matter in controversy extended beyond the dollar amount to whether any debt existed at all, so permission to appeal under the $25,000 rule was not required. (2016-05-25); [lawsuit_or_court - condo fee arrears / foreclosure] An owner of four condo units failed to pay condo fees, interest, a $115.50 locksmith charge, and related costs, leading the condo corporation to file caveats and sue for recovery and foreclosure; a chambers judge granted summary judgment totalling about $1,500 plus the locksmith fee, dismissed the owner's counterclaim, and ordered him to pay $55,000 solicitor-client costs to the corporation and $23,532.43 in costs to the condo manager, which the owner paid (about $80,000) to redeem his units. The Court of Appeal dismissed his appeal, upholding the judgment, finding no requirement for a board resolution, no invalidity in caveats stating 'under $5000', and no error in the costs awards, and awarded full-indemnity costs of the appeal. (2016-11-17); [lawsuit_or_court - owner vs board dispute / oppression] An owner sought to amend his counterclaim against the condo corporation and its management companies relating to caveats and certificates of lis pendens registered against four of his condo units for amounts higher than proven, which were not discharged despite full payment of arrears years earlier; the court allowed amendments pleading facts within the same factual matrix (including post-filing events) but struck amendments that merely pleaded evidence (large quotes from prior decisions) and barred a new fraudulent concealment claim as statute-barred under the two-year limitation period. (2022-02-03); [lawsuit_or_court - construction deficiencies / building envelope] A contractor sought to stay its builder's lien court action over disputed chimney box construction and compel arbitration against the condo corporation; the court refused, citing undue delay, a likely expired limitation period, and non-consenting parties, so litigation continues. (2017-08-16)

Source

About This Building

This bareland condo community in Discovery Ridge, Calgary, consists of ten units built in 2004 across multiple addresses centred on 26 Discovery Ridge Lane SW. As a bareland condo plan, owners hold land and are responsible for their individual structures and shared common property. The city's 2026 average assessed value for units in this plan is approximately $876,000, reflecting the established neighbourhood location. Bareland condos operate differently from strata-titled buildings, with unique governance and financial structures. Before committing to a purchase here, obtain and review the condo plan documents, reserve fund study, insurance policies, and property agreements to understand your obligations and the community's financial health.

Premium reviews include your choice of a 24-hour turnaround (within 24 hours of having all required condo documents) or a video call. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.