This bareland condominium at 46 St NW in Montgomery, Calgary was built in 2018. The four-unit property represents a small-scale ownership structure where residents hold title to land and buildings rather than traditional strata units. The City of Calgary's 2026 assessed value averages approximately $678,000 across the development. Bareland condos operate under distinct governance structures requiring careful documentation review. Before finalizing a purchase, prospective owners should engage a lawyer or condo specialist to examine the condominium plan, bylaws, financial statements, reserve fund study, and any shareholder agreements to understand ownership obligations, fee structures, and shared property responsibilities.