This five-unit bareland condo, built in 1981, is located at 16A Street SW in Calgary's Bankview community. As a bareland condominium, it offers a unique ownership structure where residents own the land and improvements without owning the building structure itself. The city's 2026 assessed value for units in this plan averages around $498,000. Given the specialized nature of bareland condo ownership and the property's age, prospective buyers should have the declaration, reserve fund study, financial statements, and board minutes professionally reviewed to understand ownership obligations, maintenance responsibilities, and financial standing before making an offer.