This bareland condo development at 42 Avenue SW in Calgary's Parkhill/Stanley Park community was built in 2012 and consists of five units. The City of Calgary's 2026 assessed value for units in this building averages approximately $1,066,000. Bareland condos offer unique ownership structures where owners typically hold title to land and improvements while sharing common property responsibility. Before finalizing a purchase, prospective buyers should engage a real estate lawyer to review condo documentation including reserve fund studies, financial statements, board minutes, and bylaws to understand their obligations and the building's financial health.