The bareland condo at 1808 Kensington Road NW in Calgary's Hillhurst neighbourhood was built in 2014. This four-unit property represents a unique ownership structure where owners hold title to the land and individual buildings rather than traditional strata units. The city's average assessed value for units in this plan is approximately $677,000, reflecting the property's established location and market positioning. Bareland condos offer distinctive ownership and management considerations compared to conventional condominiums. Prospective buyers should arrange a professional review of all condo documentation, including reserve fund studies, financial statements, board minutes, and bylaws, to understand the specific obligations and governance structure before finalizing a purchase.