This bareland condo at 528 23 Avenue SW in Cliff Bungalow, Calgary, was built in 2005 and consists of four units. Based on the city's current assessed values, properties in this building average around $690,000. As a bareland condo, owners hold fee simple title to their land while sharing common property interests typical of the condominium structure. Before committing to purchase, prospective buyers should have a real estate lawyer review the condo documents, including the declaration, bylaws, reserve fund study, and financial statements, to understand ownership rights and any shared obligations.