$12,499,999
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1651 8 Avenue Nw, Calgary, AB T2N1C4

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- Beds
0 Baths
24,086 Sq Ft

Urban Gardens Rare 23-Unit Offering in Prime Hillhurst LocationExceptional opportunity to acquire a high-performing, purpose-built multi-unit property in the heart of Hillhurst. Located just a few blocks from Kensington, Riley Park, SAIT, and with direct access to downtown Calgary, Urban Gardens offers long-term stability and strong tenant appeal in one of Calgary's most sought-after inner-city neighbourhoods.This thoughtfully designed development includes a total of 23 units:12 four-storey townhomes, each featuring:3 bedrooms (most with ensuite bathrooms)Private balconies11 legal basement suites (one per townhome)11 titled private garagesBuilt with tenant comfort in mind, the majority of the townhomes feature ensuite bathrooms for each bedroom, modern open-concept layouts, and private outdoor living spaces. The property is centered around a beautifully landscaped communal courtyard with a community garden, fostering a sense of community while enhancing curb appeal.Fully leased and generating positive cash flow, Urban Gardens offers investors immediate, stabilized income in one of Calgary's premier rental markets. Strong location fundamentals support both consistent occupancy and long-term appreciation, with residents enjoying walkable access to Kensington, SAIT, Riley Park, downtown Calgary, transit, shopping, restaurants, schools, and recreational amenities.A significant investment advantage is the existing assumable CMHC-insured mortgage at 3.729%, maturing December 1, 2030 (subject to lender and CMHC approval). This below-market financing presents a rare opportunity for qualified purchasers to secure favourable debt, enhancing cash flow and reducing financing costs while acquiring a stabilized, income-producing asset.Rarely do stabilized, purpose-built multifamily assets with assumable CMHC financing become available in Calgary's premier inner-city market. Urban Gardens represents an exceptional opportunity for private investors, family o ffices, and institutional buyers seeking immediate cash flow, long-term appreciation, and attractive in-place financing. (id:58753)

Listing By: Gene Yamada - Royal LePage Solutions cncrea2 Realty.com
  • MLS® A2330220
  • Date Listed07/17/2026
  • Days on Realty 9 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 17,793 sq. ft
  • Subdivision Hillhurst
  • Year Built 2021
  • Square Feet 24,086 sq. ft
  • Price Per Sq. Ft $518.97

Interior Features

  • Cooling Central air conditioning
  • Heating Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 17,792.74
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T2N1C4

Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.

Walkability in AB / T2N1C4

Source: Walk Score

82/100

Very Walkable

Walk Score ®

64/100

Good Transit

Transit Score ®

94/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 57/100, Bike Score: 78/100.

Points of Interest near 1651 8 Avenue NW, Calgary, AB T2N1C4

Frequently Asked Questions for 1651 8 Avenue NW

Source: Realty.com

1651 8 Avenue NW, Calgary, AB T2N1C4 in Hillhurst, Calgary, AB T2N1C4 is a multi family listed at $12,499,999. Highlights include 24,086 sq. ft., built in 2021, $519 per sq. ft.. Realty.ca has 17 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 17 photos of 1651 8 Avenue NW.

Our records indicate that 1651 8 Avenue NW was built in 2021.

The full address for this home is 1651 8 Avenue NW, Calgary, AB T2N1C4.

1651 8 Avenue NW has been listed on Realty.com since Fri July 17, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 57/100, Bike Score: 78/100.

Listing provided courtesy of: Royal LePage Solutions
Listing agent: Gene Yamada

This content last refreshed on 2026-07-26 15:31:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.