This four-unit bareland condo building at 3417 5 Avenue NW in Calgary's Parkdale neighbourhood was constructed in 2004. As a bareland condominium, each owner holds title to the land beneath their unit, distinguishing this property type from traditional strata-titled condos. The City of Calgary's 2026 assessed value for units in this building averages around $580,000. Bareland condos offer unique ownership structures and potential investment advantages, though they require careful review of condo documentation. Prospective buyers should have reserve fund studies, financial statements, bylaws, and insurance documents professionally reviewed to understand the building's condition, financial health, and governance before proceeding.