By the numbers
How this listing measures up
$/sqft
$519
vs Hillhurst median
+643%
community avg $1683K
Sqft per bedroom
—
Year built
2021
Annual taxes
$62,176
2026
Garage
23 spaces
$/sqft distribution
Where this listing sits in Hillhurst
Of 25 active residential listings in Hillhurst,
this property at $519/sqft
sits in the $500–550 range.
Other active listings
This listing's price range
This listing
About this property
Urban Gardens – Rare 23-Unit Offering in Prime Hillhurst Location
Exceptional 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 balconies
11 legal basement suites (one per townhome)
11 titled private garages
Built 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 offices, and institutional buyers seeking immediate cash flow, long-term appreciation, and attractive in-place financing.
Property details
| Style | 2 Storey |
| Heating | Boiler,High Efficiency,Natural Gas |
| Cooling | Central Air |
| Levels | Three Or More |
| Inclusions | 23 stoves, 23 refrigerators, 23 dishwashers, 23 washer/dryer sets, all window coverings, 12 air conditioning units, 11 garage door openers and controls |
| Lot size | 17792.00 sqft |
| Patio | Deck |
| Year built | 2021 |
| Roof | Flat Torch Membrane |
| Foundation | Poured Concrete |
| Parking features | Parkade |
| Garage spaces | 23 |
| Parking total | 23 |
| Annual taxes | $62,176 |
| Tax year | 2026 |
| Possession | 30 Days / Neg |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | See Remarks |
| Neighbourhood | Hillhurst |
| List AOR | Calgary |
Location
Sold comparables in Hillhurst
71 recent sales in Hillhurst
VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.
Sign up to see sold dataAbout Hillhurst
AI-generated summaryHillhurst is a lively, walkable inner-city neighbourhood with a strong community character, blending heritage charm with modern energy along its popular 19th Street and Kensington Road corridors.
Adjacent to the Bow River pathway system, offering year-round cycling and walking routes
Home to Hillhurst-Sunnyside Community Association, one of Calgary's most active community organizations
Close proximity to SAIT and downtown makes it popular with professionals and post-secondary students
Housing
The area features a mix of character homes, infill duplexes, renovated bungalows, and low-rise condos, reflecting a neighbourhood in active transition.
Transit
Hillhurst is highly walkable and bikeable, with easy access to downtown via the Bow River pathways and multiple CTrain stations nearby in Sunnyside.
Amenities
Residents enjoy an exceptional concentration of independent cafés, restaurants, boutiques, yoga studios, and the Kensington Village retail district steps away.
Who lives here
A diverse mix of young professionals, families, and long-term residents who value urban convenience, community connection, and an active lifestyle.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.







