This bareland condo development in Pineridge, located at 25 Avenue NE in Calgary, comprises 24 units built in 2016. As a bareland condominium, the property offers a unique ownership structure where residents own the land while the building is typically held in common. The City of Calgary's 2026 assessed value for units in this building averages around $423,000. Bareland condos can offer flexibility in management and use, though they operate under distinct governance rules. Before purchasing, prospective buyers should have condo documents—including the reserve fund study, financial statements, bylaws and board minutes—professionally reviewed to understand the specific obligations, financial health and operational framework of this particular community.