This bareland condo property at 18 St SW in South Calgary was built in 1981 and comprises four units. The City of Calgary's 2026 assessed value averages approximately $444,000 per unit, reflecting the property's condition and location in the established community. Bareland condominiums offer unique ownership structures where owners hold the building envelope while the land is held in common, a model that requires careful attention to governance and financial planning. Before finalizing any purchase, prospective buyers should have a real estate lawyer conduct a thorough review of the condo declaration, reserve fund study, financial statements, and board minutes to understand their obligations and the building's long-term viability.