This five-unit bareland condo at 1632 27 Avenue SW in South Calgary was built in 1977. Recent city assessments average around $251,000 per unit. As a bareland condominium, this property offers a distinct ownership structure where owners hold land and improvements separately. Before finalizing a purchase, prospective buyers should retain a lawyer to review the property's condo declaration, reserve fund study, financial statements, and board minutes to understand reserve funding adequacy and any outstanding obligations.