This four-unit bareland condominium is located at 2120 4 Avenue NW in Calgary's West Hillhurst community and was built in 1972. Bareland condos offer a unique ownership structure where owners hold title to the building and common property while leasing the land from a developer. The city's current assessed value for units in this building averages approximately $369,000. Before finalizing a purchase, prospective buyers should retain a lawyer to review the condo documents, including the current reserve fund study, financial statements, board meeting minutes, and the governing bylaws to understand the lease terms, fee obligations, and any deferred maintenance issues.