1707 42 St Se

This four-unit bareland condominium at 1707 42 Street SE in Forest Lawn was built in 1976. As a bareland condo, owners hold title to the land and structures while sharing responsibility for common property and shared expenses. The City of Calgary's 2026 average assessed value for units in this building is approximately $242,000. Bareland condos require careful attention to property condition, municipal obligations, and reserve planning since owners typically manage more extensive maintenance responsibilities than in traditional condominiums. Before purchasing, prospective buyers should have a condo lawyer review the property deed, declaration, bylaws, reserve fund study, and any special assessments to understand ownership obligations and long-term financial implications.