132 23 Avenue NE is a four-unit bareland condo in Tuxedo Park, Calgary, built in 2020. This newer development offers an alternative ownership structure typical of bareland condominiums in the area. The City of Calgary assessed the units in this building at an average of approximately $653,000 in 2026. With any bareland condo purchase, prospective buyers should obtain a professional review of the condominium documents—including the reserve fund study, financial statements, board meeting minutes, bylaws, and insurance details—to ensure they understand their obligations and the property's financial standing.