Located at 155 McKenzie Towne Drive SE in Calgary's McKenzie Towne community, this bareland condominium development was built in 2004 and comprises nine units across multiple addresses within the plan. The property's current assessed value, according to the City of Calgary's 2026 assessment, averages approximately $521,000 per unit. Bareland condos differ from traditional condo ownership in that buyers own the land and building structure while sharing common property responsibilities. Given the structural and financial complexities of bareland condo ownership, prospective purchasers should have all condo documentation—including reserve fund studies, financial statements, board minutes, and bylaws—reviewed by a professional before committing to purchase.